Meghan Markle’s Unhappiness and Jealousy Over Princess Catherine’s $30 Million Windfall from the Cornwall Estate
Meghan Markle has reportedly expressed her unhappiness and jealousy upon learning that Princess Catherine, along with Prince William, received a $30 million payday this year from the Duchy of Cornwall estate. This windfall marks the couple’s first full year of income from the estate, following the accession of King Charles III in 2022.
The Duchy of Cornwall, established in 1337 by Edward III, has long served as a source of private income for the eldest son of the reigning British monarch. When King Charles III ascended the throne, Prince William inherited the title of Duke of Cornwall, thus gaining control over the vast estate. The duchy encompasses over 129,112 acres of land and boasts property holdings valued at over $1 billion, along with financial assets exceeding $100 million.
According to the recently published annual report for the 2022/2023 financial year, the Duchy of Cornwall generated a surplus profit of £23.6 million ($30.4 million) from its rents and investments. This figure, although slightly down by £400,000 ($516,485) from the previous year, represents the first full year’s income received by Prince William and Princess Catherine. The couple had previously received £5.9 million ($7.6 million) during the transition period when William took over the duchy part way through the term.
Meghan Markle, now residing in California with Prince Harry, has reportedly expressed feelings of unhappiness and jealousy over the substantial financial gain enjoyed by William and Catherine. This sentiment is perhaps fueled by the couple’s own financial struggles and ongoing legal battles, contrasting sharply with the significant income secured by the Duke and Duchess of Cornwall.
The annual review of the Duchy of Cornwall’s finances often sparks debate in Britain. While the income from the estate is not public money, the inherited nature of the estate and its historical acquisition of land and property are subjects of public interest and scrutiny. The duchy’s holdings include prime real estate and valuable agricultural land, contributing to its substantial revenue.
Meghan’s reaction to the financial disparity highlights ongoing tensions within the royal family. The stark difference in financial security between William and Catherine, who benefit from the duchy’s income, and Meghan and Harry, who have sought financial independence in the United States, underscores broader issues of equity and support within the royal institution.
As Prince William and Princess Catherine continue to benefit from the Duchy of Cornwall, it remains to be seen how this financial windfall will influence their public roles and responsibilities. Meanwhile, Meghan and Harry’s pursuit of financial independence through various ventures, including media deals and public speaking engagements, reflects their determination to carve out a separate and self-sufficient path.
In conclusion, Meghan Markle’s reported unhappiness and jealousy over Princess Catherine’s $30 million payday from the Cornwall estate underscore the ongoing complexities and disparities within the British royal family. The substantial income generated by the duchy not only provides financial security for William and Catherine but also highlights the contrasting financial realities faced by Meghan and Harry. This situation continues to fuel public debate and scrutiny over the distribution of wealth and support within the monarchy.