In an interview with the Daily Mail on February 27, Tom Bower, author of the book Revenge: Meghan, Harry and the War Between the Windsors in 2022, discussed with reporter Dan Wootton the early relationship of the scandalous couple Harry and Meghan.
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| Royal expert says Meghan is obsessed with money. Photo: WireImage. |
The royal expert described the Duchess of Sussex as obsessed with money. “Her biggest surprise and disappointment is how little Prince Harry has. She imagined he was worth hundreds of millions, if not billions. Now she’s having to make up for that,” he said.
Tom Bower added that the Sussexes could not afford their current lifestyle if they were still members of the British royal family. According to the writer, Meghan wanted to drive big Cadillacs and use private jets on demand. “Now she has to beg for those things,” he hinted.
Regarding the much-discussed topic of whether Harry and Meghan will attend King Charles’ coronation, Mr. Bower commented that the Sussexes’ presence could potentially ruin the important event and overshadow their father.
According to the Daily Mail , as senior members of the British royal family, Prince Harry and Meghan were largely subsidized by the Duchy of Cornwall, a £1.2 billion ($1.44 billion) real estate fund owned by the British royal family that paid for the expenses of Prince Charles and his heirs. It is reported that the Sussexes received an average of £2.3 million ($2.77 million) a year.
Harry and Meghan said the money accounted for 95% of their income. The remaining 5% comes from the annual Sovereign Grant, worth around £82 million, which is paid by the British government to the most senior members of the British Royal Family from taxpayers.
When they announced their departure from the royal family in 2020, Harry and Meghan pledged to become financially independent. At that time, they gave up the Sovereign Grant, but continued to receive money from King Charles. However, according to a senior spokesperson for Clarence House, Charles’s residence when he was the prince, the grant stopped in the summer of that year.
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| Harry and Meghan are working hard to make money in Hollywood. Photo: ZUMAPRESS.com. |
In 2021, Forbes estimated Harry and Meghan’s net worth at $10 million, a figure that is expected to have increased after a busy year for the couple in Hollywood.
In an interview with Oprah Winfrey in March 2021, Harry revealed that he had to rely on an inheritance to survive in the US. He is believed to have around £20 million ($24 million) left to him by his mother, Princess Diana. The late Queen Elizabeth also gave him around £7 million ($8.4 million).
Meanwhile, Meghan’s personal fortune, mainly from acting work and other assets in Canada, is reported to be £4 million ($4.8 million).
After settling in the US, they signed a deal to produce a documentary. It was reported that the noisy couple received £88 million ($106 million) from the project. In December 2020, Harry and Meghan signed a podcast deal worth £30 million ($36 million).
In addition, with Spare setting a sales record, the red-haired prince is expected to “pocket” a significant amount of money. Previously, Harry received an advance of 20 million USD.