What sources of income do Prince Harry and Meghan Markle receive?
ByShehryar Makhdoom | Published date:
(Image credit: CREDIT: DANIEL LEAL-OLIVAS/POOL/AFP VIA GETTY)
According to Clarence House, Prince Charles paid the Prince and Princess of Sussex a "significant sum" until last summer.
Prince Harry had already informed Oprah Winfrey that his family had financially disconnected him from becoming Senior Royals after he and his wife "stepped back."
When did Prince Harry and Meghan Markle cease receiving financial assistance?
In January 2020, the Duke and Duchess of Sussex declared that they wished to cease to work for the Royal Family and that they were "work" for financial independence.
"My family simply cut me off financially" in the "first quarter of 2020," according to Harry, during the couple's appearance with Oprah Winfrey in March.
But the records of prince Charles reveal that approximately £4.5 million has been spent on financing the pair's activities in the 2020-21 fiscal years, which were launched in April 2020, as well as the dukes of Cambridge.
"A large sum," according to a top official at Clarence House, has been given to assist them in their transition from financial reliance. "This funding terminated last year in the summer. The couple has recently achieved financial independence."
A Sussexes spokesman stated that the timeframe was not different. Harry referred to its first quarter of the financial year (April to June), not the calendar year (January to March).
Do the Duke and Duchess of Sussex have a lot of money?
The Duke and Duchess of York have amassed a substantial amount of personal wealth.
Royal children Prince William and Prince Harry got the vast majority of the £13 million inheritance left to them by their mother, Princess Diana.
Speaking about their migration to the United States, he said to Oprah that "I have what my mother left me, and without that, we could not achieve that."
According to a source, Prince Harry has received millions of pounds from his great-grandmother, the Queen Mother.