Even with a hefty Netflix contract and multiple royal trust funds the Sussex couple is speculated to have gone bankrupt. Let's find out where do Harry and Meghan earn their money from.
Prince Harry and his wife, Meghan Markle, the Duke and Duchess of Sussex, have stepped down from their position as working royals in 2020. Ever since they are living in the United States. However, the two still lead a very luxurious life. So, from where do these two get the money to fund their lifestyle?
As working royals, the Sussex couple received a significant chunk of their annual income from the royal vault. Now that the vault's flow of income has stopped and the duo is running out of contracts, they are financially struggling. If the rumour mills are to be trusted, Prince Harry and Meghan are bankrupt and will soon need to look for an alternate income source.
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Soon, after their transition to the US, Prince Harry and Meghan Markle established their own media company ‘Archewell Productions’. The company produced several shows for Netflix, including the explosive documentaries that the duo made on the royal family. Archewell Productions also made podcast for Spotify titled Archetypes, which was hosted by Meghan herself. Many eminent guests also featured in the podcast, including Serena Williams, Jae Rodriguez, Mariah Carey and more.
Netflix's contract with Archewell Production is reported worth in millions. However, now that the couple is running out of ideas and secrets to sell, the contract seems to be over. Also, the Archetypes podcast aced during its initial phase and even earned 25 million dollars from Spotify. Archetypes made it to the Spotify charts as the most-heard podcast in its premiere week. However, it soon slipped from its rank and got strangled into several controversies. Hence, it was discontinued within four months of its premiere.
Harry's memoir, Spare, was published in January 2023. The memoir had a rough start, where the book's content was leaked way before its official publication, including the part where Harry claimed to be physically attacked by his brother, William, the Prince of Wales. The book even discussed Harry's grief about his mother, Princess Diana's death. Also, in the book, he wrote how he and his brother did not want their father, King Charles, to marry his partner, Camilla. The book was written by Harry's ghostwriter, who reported that the publisher guaranteed donations of USD 1.5m and 300,000 pounds respectively, to the charities- Sentebale and WellChild.
Meghan Markle also published a children's book titled The Bench. Christian Robinson illustrated the book, and it is children's literature. It was published on June 8, 2021 and received quite bad reviews.
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Most of Prince Harry and Meghan's endeavours have failed, which is a rising concern for the duo. They have also quit making shows and composing journals condemning the Royal English family. Harry and Meghan bid farewell to their Netflix shows and documentaries and any further potential memoirs. An Insider told The Sun magazine that the couple is out of secrets to sell, and even the audience aren't any more interested in their sob story. This has also paved the way for their bankruptcy reports.
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There are reports that Prince Harry is planning to go back to his family to reconcile, along with taking back his royal duties. Many British experts also speculate that this is why the couple has decided to stop spewing hate on the royal family.
Much like Prince Harry, Meghan Markle also plans to return to Hollywood. There have been reports in Australia that the Duchess of Sussex has landed herself an offer for the lead role in the sequel of the 1992 classic, The Bodyguard. Coincidentally Princess Diana, was also involved in the making of this cult classic, and Meghan starring in its sequel will be remarkable. An insider reported that:
“The only thing Kevin loves more than an underdog like Meghan is a box office hit.”
William and Harry reveived a hefty fund from Princess Diana, which accounted for 13 million pounds. Also, Harry's great-grandmother left her funds for her grandchildren, which are estimated to account for about 19 million pounds. So, there are several funds that Harry is to receive from his royal side of the family. In Oprah Winfrey's show, Harry told the world about the fund he inherited from his mother that enabled him to move to the US :
"I've got what my mum left me. Without that, we wouldn't have been able to do this."
During Meghan Markle's acting vocation, the Duchess of Sussex was reportedly paid $50,000 for every episode of the show, Suits. She appeared in over 100 episodes, which accumulates to a lot. Moreover, she also ran a lifestyle blog and designed items for a fashion brand.
The main concern lies in Harry and Meghan's extravagant lifestyle and their incompetence to fund it. Let us know your views on the Sussex couple.
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