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​Truth about Harry and Meghan’s finances ​

Prince Harry and Meghan Markle vowed they would “work to become financially independent” – but he got one last boost from dad.
Harry and Meghan. Picture: GettySource:Getty Images

Harry and Meghan. Picture: GettySource:Getty Images

Prince Charles is no longer bankrolling Meghan and Harry after their mega millions Netflix deal, it has emerged.

The Prince of Wales had funded the pair’s jaunt to California since they stepped down as senior royals at the end of March.

The couple had vowed in their Megxit statement they would “work to become financially independent”.

Questions were raised when they took out a $13 million mortgage on a 14,563-sq ft (1353sq m) mansion in Montecito this summer – while still paying Frogmore back.

But the Duke and Duchess of Sussex have now paid back in full $4.3 million for taxpayer funded renovations on Frogmore Cottage.
 

The former royal couple have vowed to ‘become financially independent’. Picture: Getty Images
The former royal couple have vowed to ‘become financially independent’.
Picture: Getty ImagesSource:Getty Images

 

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The royal couple were urged by MPs to refund the money spent on their Windsor home after netting a $200 million deal with Netflix last week.

A spokesman for the pair said: “A contribution has been made to the Sovereign Grant by The Duke of Sussex.

“This contribution, as originally offered by Prince Harry, has fully covered the necessary renovation costs of Frogmore Cottage, a property of Her Majesty The Queen, and will remain the UK residence of The Duke and his family.”

Grade II-listed Frogmore Cottage in Windsor was a wedding gift from the Queen but remains empty after Meghan and Harry left for LA with baby Archie.

Originally, the couple were said to be paying rent of $32,000 a month to keep the home if they returned to the UK.
 

Charles reportedly gave his son one final cash injection as he flew the nest. Picture: Patrina Malone
Charles reportedly gave his son one final cash injection as he flew the nest.
Picture: Patrina MaloneSource:News Corp Australia

 

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But they now live in a $19m nine-bedroom and 16-bathroom mansion in upscale Montecito, Santa Barbara.

Frogmore had fallen into disrepair before the couple moved in.

Builders worked around the clock for about six months so they could move in before the birth of baby Archie.

It needed extensive rewiring – including a new electrical substation – and the installation of modern gas and water mains.

The public paid for the kitchen, bathrooms and even fitted wardrobes, as well as the services of a renowned interior designer.

Wooden ceiling beams and floor joists were also replaced while inefficient heating systems were updated.

But the hefty $4.3 million repair bill was covered by the taxpayer.

Harry had previously clashed with the royal family over funds after marrying former actress Meghan Markle in 2018.
 

The ex-royal couple have signed a big deal with Netflix. Picture: Karwai Tang/WireImage
The ex-royal couple have signed a big deal with Netflix.
Picture: Karwai Tang/WireImageSource:Getty Images

 

According to bombshell biography Finding Freedom, the Duchy of Cornwall “controlled the purse strings”.

Authors Omid Scobie and Carolyn Durand claimed: “The brothers sometimes had to vie for additional funds for projects from their father, who also helped cover expenses related to Camilla and some of those for his sons (including Kate and Meghan’s wardrobes).

“They actually genuinely have to debate who gets what amount of money from their father to fund their projects,” an aide said.

“Add in the fact that there is an inherent hierarchy and that is really tricky.”

This story originally appeared on The Sun and is republished here with permission.

Source: News Corp Australia Network:

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