Prince Charles still funded Prince Harry after Megxit until last summer: report

Prince Charles still funded Prince Harry after Megxit until last summer: report

Prince Charles still supported Prince Harry until they become financially independent, according to a report.

Prince Charles has been funding his sons Prince William and Prince Harry when both were working for the monarchy. At present, the Prince of Wales’ financial support for the Duke and Duchess of Sussex already ceased because they stepped down from their royal duties last year. Prince Harry said the financial support ended after Megxit. However, another source said it continued until last summer.

Prince Charles supported Prince Harry financially until last summer

Prince Harry and Meghan Markle sat down with Oprah Winfrey for a CBS special. During the interview, the Duke of Sussex said his dad “cut me off financially” after Megxit.

Clarence House account published its report and revealed that it gave Prince Harry and Markle a “substantial sum.” It served as a confirmation that Prince Charles still supported Prince Harry and Markle after Megxit. There are no details as to how much Prince Charles gave to the Sussexes, but some outlets claimed it was about £3million.

“As we’ll all remember in January 2020 when the Duke and Duchess announced that they were going to move away from the working Royal Family, the Duke said that they would work towards becoming financially independent,” a senior spokesman for Clarence House said.

“The Prince of Wales allocated a substantial sum to support them with this transition,” the source added.

Prince Charles’ support for the Duke and Duchess of Sussex ended last summer. Prince Harry and Markle are now financially independent.

Sussexes’ income after Megxit

Prince Charles’ income was from the Duchy of Cornwall, the taxpayer-funded sovereign grant, or both. The Duke and Duchess of Sussex remain well-off even after they left the U.K.

Prince Harry received £13m fortune from his mom, Princess Diana. According to Prince Harry, the said money was what helped him and Markle settle in the United States.

Since they are no longer working royals, they are not entitled to receiving funds from Prince Charles. But they make money after signing a multi-million deal with streaming services Netflix and Spotify.

Prince Harry and Meghan Markle have to shoulder the security of their family. Initially, they settled in Canada after leaving the U.K. Then the Canadian government announced that it would stop providing them security. At that point, Prince Harry and Markle decided to move to the U.S.

Prince William’s younger brother admitted that the deals with Netflix and Spotify were never part of their plan. However, they needed enough money to be able to pay for their security and keep their family safe.

Image used courtesy of Inside Edition/YouTube Screenshot

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