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Prince Harry and Meghan Markle’s new life will be funded from their £34million private fortune – as they face losing £5m handouts from the royal purse when they quit as senior royals
UK Daily Mail ^ | January 8, 2020 | Terri-Ann Williams

Posted on 01/08/2020 1:10:50 PM PST by C19fan

Prince Harry and Meghan Markle could be walking away from an estimated £5.5 million in Royal funds after they announced they would be 'stepping back' from their duties as senior Royals in a bid to become 'financially independent'.

But just how do the couple, who have an estimated combined net worth of £34 million, fund their lavish lifestyle which in the past has included their six-week Christmas break to Canada and solo trips to the US, such as when Meghan flew to America to watch Serena Williams play tennis.

In terms of what the couple receive from the Royal household, it is thought that the Queen gives around £2 million to Prince Harry from the Crown.

Her Majesty pays Harry and William jointly £5 million from the £82 million annual Sovereign Grant, which is funded by the taxpayer, and handed to the most senior members of the royal family.

(Excerpt) Read more at dailymail.co.uk ...


TOPICS: Society
KEYWORDS: half; princeharry; uk
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When Meghan orders Harry to move to CA we will know why....HALF.
1 posted on 01/08/2020 1:10:50 PM PST by C19fan
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To: C19fan

ridiculous parasites...feel sorry for the UK taxpayer.


2 posted on 01/08/2020 1:14:04 PM PST by sheehan (DEPORT ALL ILLEGALS.)
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To: sheehan

This couple remodeled a cottage costing the UK taxpayers around $3 MM.


3 posted on 01/08/2020 1:15:29 PM PST by C19fan
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To: C19fan

lol I’m smelling the next failed “reality TV” show in the offing.


4 posted on 01/08/2020 1:17:07 PM PST by Retrofitted
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To: C19fan

How did they get $34 million?


5 posted on 01/08/2020 1:17:19 PM PST by tennmountainman (The Liberals Are Baby Killers)
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To: C19fan

Move to New York City and you’ll get taxed for more than you have.


6 posted on 01/08/2020 1:17:50 PM PST by Colt1851Navy (What was wrong with Nixon?)
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To: tennmountainman

Most of it as Harry’s inheritance for his mother and some from his grandmother. The Royals and many of the aristocrats, for example, the Spencers, have extensive land holdings and other investment holdings they can draw income from.


7 posted on 01/08/2020 1:19:21 PM PST by C19fan
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To: C19fan

How did they get that much money? Fulfilling their royal duties? (Smiling for the cameras.)

The monarchy is outdated. The French had the right idea.


8 posted on 01/08/2020 1:19:27 PM PST by I want the USA back (If free speech is taken away, dumb and silent we are led, like sheep to the slaughter: G Washington)
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To: C19fan

With their lifestyle, 34 million of anything won’t last long, will it?


9 posted on 01/08/2020 1:21:01 PM PST by Notthereyet (NotThereYet)
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To: C19fan

It’s good to be King..but apparently its not to bad being Prince either.


10 posted on 01/08/2020 1:22:17 PM PST by Leep (Everyday is Trump Day!)
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To: Retrofitted

Something like that. Wife obviously must think she can cash in and make more than 5.5 million if she doesn’t have to follow all the strict rules that come with being a “Senior royal”.


11 posted on 01/08/2020 1:22:29 PM PST by Boogieman
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To: C19fan

Wow... It is ROUGH not getting that 5.5 million every year... geeze how will they survive?


12 posted on 01/08/2020 1:22:48 PM PST by TexasTransplant (Damn the Torpedoes! Full Speed Ahead!)
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To: Notthereyet

$45 MM @ 5% interest generates $2.25 MM a year. Whether that is enough to satisfy Meghan is another question.


13 posted on 01/08/2020 1:23:21 PM PST by C19fan
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To: C19fan

34 million at 2% return like the rest of us mortals would give them $680,000 of income.


14 posted on 01/08/2020 1:23:45 PM PST by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: I want the USA back
The monarchy is outdated. The French had the right idea.

But the Brits love their Royals. It's their country, and their taxes, so c'est la vie.

15 posted on 01/08/2020 1:26:11 PM PST by Yo-Yo ( is the /sarc tag really necessary?)
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To: C19fan

Somehow, I don’t see Harry asking: “Do you want chips with that?”


16 posted on 01/08/2020 1:27:02 PM PST by nuke_road_warrior (Making the world safe for nuclear power for over 20 years)
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To: C19fan

“$45 MM @ 5% interest generates $2.25 MM a year. “
___________________________________________

Yikes. I don’t see $2.25 million lasting them a year.

Renovating their residence cost a bit over $3 million.

And I surely don’t see Megan purchasing a house without completely renovating it.


17 posted on 01/08/2020 1:27:22 PM PST by Notthereyet (NotThereYet)
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To: C19fan

Why do so many in the U.S. care about these people we fought a war to free ourselves from? If they don’t like the U.K. they should go back to Germany, where they came from.


18 posted on 01/08/2020 1:32:29 PM PST by nickcarraway
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To: C19fan

The two of them are total jerks. They make Wallace Simpson and whatever his name was look like paragons of virtue.

The Royal Family should pay them to stay away.


19 posted on 01/08/2020 1:36:24 PM PST by livius
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To: C19fan

It sho’ mus’ suck tah be po’!


20 posted on 01/08/2020 1:41:08 PM PST by Terry L Smith
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