Meghan Markle is reportedly hunting for her next 'giant payday' as Prince Harry grows increasingly anxious about the couple's dwindling cash reserves in Montecito, California, according to new claims published on Friday, 15 May.
The sources allege Meghan Markle badly misjudged Harry's true wealth and is now pushing aggressively for new deals, while Prince Harry worries their current lifestyle is burning through his fortune far faster than expected.
For context, the latest reports build on months of speculation about the Sussexes' finances since they stepped back from royal duties and set up life in the United States. The pair signed headline-making contracts and bought a multimillion-dollar home in Montecito, but their commercial projects, from Harry's memoirSpareto Meghan's ventures in entertainment and lifestyle, have delivered uneven results, at least according to the anonymous insiders now briefing on their private concerns.
None of these financial details has been independently confirmed, so they should be taken with a grain of salt.
Meghan Markle and Prince Harry are reportedly struggling to make ends meet as their business opportunities are drying up six years after leaving the royal family and moving to Montecito, Calif. Link below for details.https://t.co/LvvleTyXNapic.twitter.com/4h2hlct0vc
In the Friday edition of hisNaughty But NiceSubstack, Rob Shuter quoted an insider who claimed Meghan 'genuinely believed Harry was worth hundreds of millions.' The source continued: 'When she discovered the actual numbers, it was a huge shock. Yes, Harry is wealthy — but not 'private jets forever without worrying' wealthy.'
Shuter put Harry's net worth at somewhere between $50 million and $70 million, a sizable sum by any standard. Yet, as another source put it, 'they spend like a billion-dollar brand.'
The news came after other reports that Prince Harry and Meghan need around $6 million a year just to keep their current life afloat, including running their sprawling Montecito estate and paying for round-the-clock private security for themselves and their children, Prince Archie, 7, and Princess Lilibet, 4. Legal fees, professional teams, and private travel are also said to eat up large chunks of their budget.
One insider toldPage Sixthat 'money is tight' in the Montecito mansion at the moment, a phrase that sits awkwardly beside their high-profile image and high-end postcode. The same report suggested Meghan has effectively 'taken over a key role' as the family's primary earner, with Prince Harry stepping back and focusing more on philanthropic work that, while personally meaningful, does little to underwrite their lifestyle.
🌟 Prince Harry and Meghan Markle had a family day at The Happiest Place on Earth, taking their 2 kids to Disneyland with the Duchess' mom Doria Ragland, accompanying them!pic.twitter.com/tKvYL9Ccsq
Source: International Business Times UK