Is it really possible for Prince Harry and Meghan Markle to become financially independent?
When Prince Harry and Meghan Markle made their shock announcement to “step back” from their roles as senior royals last week, one of the reasons they cited was their desire to become “financially independent”. Previously funded by the Sovereign Grant (five per cent) and Prince Charles’ Duchy of Cornwall (95 per cent), these led to many questions about how the royal couple hoped to earn their keep. Prince Charles was also quick to express his stance that he would stop funding the Duke and Duchess of Sussex if they were to step away from their duties.
Now, following the Sandringham “summit” on Monday that saw Queen Elizabeth, Harry, Prince William, and Prince Charles discussing the couple’s future roles, this remains unclear, although the Queen has given her blessings—albeit regrettably—to help Harry and Meghan transition into their new roles.
While it is not uncommon for non-working royals to establish their own careers, senior royals, like Harry was, haven’t had much luck in that area.