October 22, 2021

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Prince Charles Gave Prince Harry & Meghan Markle”Substantial Sum” of Cash

Samir HusseinGetty Photos

Throughout his interview with Oprah previously this calendar year, Prince Harry’s responses that his household experienced “literally slash me off financially” in the 1st quarter of 2020 attracted major awareness. Even so, now, officers performing for Prince Charles have further more briefed journalists on the fiscal preparations surrounding the Sussexes’ departure from royal daily life, saying that the Prince of Wales supported them with a “substantial sum” immediately soon after they stepped back again.

The most recent info arrived to mild as the royal home printed its yearly accounts for the economic 12 months ending in March 2021. In addition to the Sovereign Grant report, which is revealed by Buckingham Palace and addresses the expenditure of public funds, Prince Charles’s family also publishes an yearly review which displays how he has put in his cash flow from the Duchy of Cornwall. On expenditure in the past economical year relating to Harry and Meghan, a senior Clarence Home spokesman reported that Prince Charles allotted a “substantial sum to help them” with the transition in the direction of becoming financially independent. The spokesman reported this funding stopped in the summertime of previous yr. A spokesperson for Harry and Meghan later on clarified that Harry’s reviews about becoming slice off in the to start with quarter of 2020 had been referring to the initially quarter of the fiscal yr which began in April 2020. The couple officially still left royal everyday living at the stop of March 2020, at which point they entered what was described as a transitional calendar year for them to consider a new lifestyle.

meghan markle prince harry oprah interview
A nonetheless from Harry and Meghan’s job interview with Oprah Winfrey before this calendar year.

Joe Pugliese/Harpo Productions

In September 2020, Harry and Meghan declared a multi-12 months generation deal with Netflix, rumored to be really worth something up to $150 million. In December they disclosed a second deal with streaming provider Spotify. Meghan has also authored a very best-providing children’s e-book The Bench. The pair has bought a residence in Santa Barbara and it seems progressively apparent that they see the U.S. as their long run dwelling.

The Sovereign Grant report revealed by Buckingham Palace also detailed how the Sussexes paid a “lump sum of £2.4 million” in September 2020 “to reimburse the Sovereign Grant for expenditure incurred on the refurbishment of Frogmore Cottage.” The report states that some of the lump sum has been allocated as rental payment for them to retain the home as their British isles base—a deal which royal officials say covers all their obligations and is a superior a person for the Sovereign Grant and the taxpayer.

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