King Charles III, with all he is managing, has found himself deeply invested in a story about his son, Prince Harry, and his wife, Meghan Markle, because he might need to take proactive measures.
When Prince Harry and Meghan Markle stepped down from their royal duties more than six years ago, they made firm promises to the late Queen, King Charles, and themselves.
They swore they would remain completely independent, implying they would find ways to secure their own incomes, support their families, and never need a loan or a handout from King Charles.
Broken Independent Promises Trigger Palace Panic
However, an insider close to Prince Harry and Meghan Markle has been talking to Page Six about expenses. The source revealed the raw truth about the couple’s free-falling lifestyle, declaring: “Money is tight.”
It is understood that the situation around the Sussex purse is complicated at best and dire at worst. With several reports claiming that Prince Harry’s inheritance is now low, it is clear from her busy career as a businesswoman, author, paid speaker, investor, and Netflix presenter that Meghan Markle has officially become the family’s main provider, facing overwhelming expenses.
To make ends meet, Meghan Markle, the serial entrepreneur, is aggressively expanding her commercial footprint by driving her independent lifestyle brand, “As Ever” — selling high-end homeware, wines, jams, and candles with the help of her two children, Prince Archie and Princess Lilibet — while simultaneously diving into the digital fashion space as an investor and featured curator for the AI-powered style platform OneOff. Meghan Markle is also considering a return to acting.
The Staggering Multimillion-Dollar Cost of a Montecito Lifestyle
To maintain their elite lifestyle in the billionaire enclave of Montecito, California, the couple faces massive annual operating costs, including a multimillion-dollar mortgage on their $15 million mansion and $3 million spent exclusively on private security for their children, Prince Archie and Princess Lilibet.
A source revealed the staggering, multimillion-dollar reality of their annual outgoings, explaining that Markle and her husband, Harry, need: “at least $6 million a year for operating expenses in the billionaire enclave of Montecito, California.”
They are facing an incredibly tough situation because many of their high-profile projects simply did not pan out. The couple has lost major contracts, including their multi-million-dollar streaming empire deal, after Netflix completely severed its partnership and canceled the duchess’s lifestyle series, With Love, Meghan.
Prince Harry Left Dependent as Netflix Collapse Ruins Financial Stability
A Markle source told Page Six she felt completely abandoned during her failed streaming era, claiming that she had been left to: “carry the whole thing by herself.”
The couple’s financial burden was placed squarely on Meghan Markle’s shoulders, as she was pushing the majority of the big business projects while Prince Harry was occupied with polo shows, documentaries, and an unrealistic podcast with Vladimir Putin as his first guest.
King Charles now has no choice but to closely monitor this volatile situation. If Prince Harry is unable to pay for their private security and their massive mortgage, he might very well come crawling back to the Palace for a loan.
However, Palace insiders say the King is unlikely to save the couple unless he is really forced to, and even then, it might come at a hefty price.
