Prince Harry and Meghan Markle struggling with massive bills after being 'totally cut off' by royal family
MONTECITO, CALIFORNIA: Prince Harry and Meghan Markle made it look like they were unfazed by King Charles III's decision to evict them from their last remaining home in the UK. However, close pals reportedly believe they are way more upset than they're letting on. Massive bills coupled with unrealized dreams of attaining superstardom in the US post their royal family exit are apparently affecting their marriage.
The Duke and Duchess of Sussex definitely made some power moves since stepping down from their senior royal roles and relocating to the US. They notably signed lucrative deals with Netflix and Spotify, said to be worth $100M and $25M respectively. Regardless, their expensive A-list lifestyle is said to be draining their bank accounts.
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Blowing through cash
The Sussexes reportedly took out a $10M mortgage on their $14.6M six-bedroom Montecito, California, mansion and are having to spend major bucks to maintain the property. "Then there are the staffing and security bills," sources told Radar Online. Harry's memoir 'Spare' was touted as a bestseller, but the profits "may not be enough to carry" the parents of three-year-old Archie and one-year-old Lili, for much longer due to mounting bills. The royal's four-book deal with Penguin Random House is worth a reported $35M, albeit insiders with knowledge are uncertain whether he has enough material to fill out three more books.
'Never imagined they would be totally cut off'
It's important to note that Harry has lived a life of luxury growing up as a prince. "When Harry was a royal, he'd go on huge shopping sprees, glamorous vacations, and buy everyone drinks and dinner at expensive London restaurants," an insider said, adding, "Charles funded everything, so Harry didn't have to think about money." However, things changed after he was cut off financially by his father, who reportedly hopes to "slim down" the royal family. The quantum shift has been a rude awakening for Harry, per insiders.
According to sources, Harry and Meghan were hoping his father, 74, would come around and offer them financial help. "They never imagined they would be totally cut off," the insider shared. MEAWW previously reported how a source claimed Meghan was shocked at how little money Harry had to his name after tying the knot in 2018.
Struggling to keep up appearances
Considering their predicament, the embattled couple has had to get creative to generate income. Meghan notably appeared in an Instagram ad for the coffee brand Clevr Blends in late February. The brand's founder revealed in the promotion that the duchess had invested in Clevr in 2020 as a gesture of goodwill. However, the clip reeked of sponsored content to some critics. "Yes, Meghan wants to support women entrepreneurs like herself," an insider told Radar, adding, "But don't think she's doing it for nothing."
Meanwhile, Harry is charging people $39.95 to view a live-stream event of a therapy session with a trauma expert. "Harry's goal is to promote therapy as a way to help with mental health issues, but charging people to watch seems tacky," sources said, adding that it was "just another example of how low he'll go to make a buck."