Inside Prince Harry, Meghan Markle’s finances, Montecito’s mansion for sale

Meghan’s huge annual bill for clothes and jewelry doesn’t seem to match up with Meghan and Harry’s.

How did you get through the quarantine last year? An endless supply of Lindt balls? Night Martini Sessions? Sobbing into your pillow when your leaven has failed?

If in 2021 you are happy to accept new and shiny things, then you are in a very famous company. New tally has shown that Meghan, Duchess of Sussex, managed to debut $ 143,509 worth of new jewelry and apparel last year, despite spending most of it, like the rest of us, stuck inside.

Such spending superficially suggests that doing business with Netflix and becoming “influencers” with Wall Street’s billion-dollar investment fund are deliciously lucrative ways to while away the hours between gardening yoga and cold calling senators.

But here’s the thing: How golden is Sussex finance?

While they may have signed a slew of high-profile deals, all of which have been marked by hyped press releases, two new events this week have raised a question mark of sorts about how reliable a couple’s coffers can be, both in person and in terms of their charity. be.

To begin with, just 18 months after the Sussexes moved into their $ 20 million Montecito mansion, the couple are already looking to sell the house. Mirror

The report says the duo are “not happy” about the property. A source told the newspaper that they are “open to private offers” and are already looking around for a new location.

The source said: “They are thinking of selling their house there. However, it won’t be in the market because of who they are. It is shown only to people who have funds and who are serious buyers.

“They want to stay in the neighborhood or nearby, but they are not happy with the home and the location.”

This is all curious, considering that last year, during Harry’s appearance on Later late show with James CordenWhen the video duo called Megan, she said at one point, “I think we’ve done enough moves.”

While Harry and Meghan have made headlines since 2020, signing one high-profile deal after another valued at more than $ 200 million, their glittering new career in the US has remained outwardly neutral in terms of actual output. …

Sure, they’re probably messing around behind closed doors, one blue sky mulling session after another, production meeting after production meeting, but they haven’t released anything through their two streaming partnerships in over 12 months.

In December 2020, less than two weeks after announcing that they were the newest Spotify employees from the best list, they released one 32-minute podcast featuring a group of celebrities, some of whom might have seemed like friends, given that they were visiting the Sussexes. wedding. (Let’s be honest, as great as he is, Uncle Elton’s connection to the line was pretty sluggish.)

Since then, despite hiring award-winning podcast producer Rebecca Sananes as head of audio at Archewell last July, they have yet to release a sequel.

So are their programs for Netflix. More than 14 months ago, in September 2020, when their lucrative marriage to streaming first became known, they arrogantly promised that they would do “content that is informative, but also hopeful.” Okay then, but where is it?

To be fair, it should be noted that making high-quality television and documentaries is not easy and fast, and the situation is exacerbated by the pandemic. However, they only announced two projects, Pearl, children’s animation (which Telegraph reported that the Duchess had discussions with the streaming company when she was a working royal in 2018) and a documentary about the Games of the Unsubdued, a veteran charity sports event previously founded by Harry.

Both of these shows can be moving and powerful, but on paper they don’t quite sound like they’ll set audiences or Hollywood on fire.

With the swift payment of the $ 4.4 million sovereign grant used to renovate their supposedly still official UK residence, Frogmore Cottage, shortly after announcing their engagement to Netflix, it could be assumed that they received some kind of lump sum.

However, this kind of transaction, i.e. Telegraph reported, “The couple is more likely to pay a relatively small upfront payment, with larger amounts confirmed when the programs they are promoting receive the green light.”

Given how much publicity was given to only two shows, how much money could they make from this deal?

This week marks two years since the Sussexes dropped their Megsit bomb, and therefore two years since Harry was forced to painfully learn, perhaps for the first time in his life, about what is called caring for money.

As he sternly told Oprah Winfrey during their dynamite interview last March, “My family literally cut me off from my finances.”

His barely disguised resentment at this turn of events, when he has to support himself financially and no longer receive guarantees funded by British taxpayers, despite the fact that he lives on another continent, painfully shows how disconnected from reality the Duke has been for a long time. most of my life. a life.

After all, this is a person who until 35 was fully supported by his father, then the military, then his father again, and the person who most likely never attended a job interview, CV, paid the gas bill or owed had to pay the bill for the roof over my head.

But real life is a cruel mistress.

Harry and Meghan’s new life might be freedom, father and son bike rides, and a never-ending parade of beige sofas, but it doesn’t come cheap. Daily mail It has been tentatively estimated that the cost of keeping the Sussex afloat, including personnel, utilities, mortgage payments and security costs, will be more than $ 6 million per year.

More recently a royal fashion site UFO is gone, who scrupulously counts these things, published his annual list of the cost of new clothes worn by royal women last year, and there in second place, beating three queens and three future queens, was Meghan, who wore $ 115,960. new products last year.

(Topping the list was Megan’s daughter-in-law Kate, Duchess of Cambridge, who had donned $ 160,523 worth of designer clothes in the previous 12 months.)

Similar Daily mail reported that the former Costumes In 2021, the star also wore $ 27,549 new jewelry, including a $ 2,013 necklace designed to “boost self-confidence,” and a $ 5,523 diamond earrings she wore to visit their coop during Oprah’s special performance time.

Hopefully this self-confidence necklace works wonders because elsewhere the success of their charitable arm, Archewell, has been questioned by official tax filings showing it raised less than $ 50,000 in 2020.

Not the best start to their brave new career now, is it?

Obviously, it is impossible to find out the real state of Harry and Megan’s bank accounts. In her former life, the duchess’s entrepreneurial spirit led to her founding and running a successful blog, launching a clothing collection for the Canadian department store, Reitmans, and starring in the hit cable TV show for seven seasons, which is no feat at all. I want to say that she is clearly a very good business woman, and they may well participate in her.

However, if this is the case, then their itchy feet in real estate leave us here: with the fact that they never, never seem content or content with their lot. Over the past three years, they have changed houses five times (from the Knott Cott Hotel in Kensington Palace to Frogmore Cottage in Windsor, to a rented mansion on Vancouver Island, to Tyler Perry’s mansion in Beverly Hills and to their current home), in three countries and have changed careers in spectacular ways.

Why are Harry and Meghan always unhappy? Just what are they looking for?

Back in 2016, a year before meeting the prince, she wrote about her month-long hiatus from filming. Costumes on the Eat Pray LoveTravel in style across Europe. She kindly remarked that her readers might not have enough money for a month for Med, but what she really wanted was everyone to join her in “the act of celebrating and truly enjoying her life … you are. “

This is a great idea that seems to get lost somewhere along the way. Maybe it’s time to reanimate Teague – there is another fortune to be made (oh! Golden Rivers of Sponkona), but more importantly, 2022 Harry and Meghan could make just such wise advice.

Daniela Elser is a royal expert and writer with over 15 years of experience working with a number of leading Australian media outlets.

Read related topics:Meghan Markle Prince Harry

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