Prince Harry and Meghan Markle are facing a financial crisis as they struggle to maintain their $14 million estate in Monteito, California.
The couple’s recent rejection from a major US bank is seen as a sign that their image of wealth and independence is faltering at the edges.
The bank’s refusal to lend money stems from concerns tied to Harry’s recent legal battles in the UK over security arrangements with the Home Office.
Harry’s days are no longer filled with the ceremonial ease of Buckingham Palace, but instead they are marked by tense conversations about cash flow.
Megan Markle, the architect of their brand, has never shied away from extravagance, from private jets to designer wardrobes. However, their lifestyle doesn’t come cheap, and Harry is the one feeling the pinch.
The Netflix deal once a Golden Goose has produced little since their 2022docuies and Spotify parted ways after Megan’s podcast failed to deliver the expected cultural earthquake. Harry’s memoir Spare brought in millions but alienated much of his family, closing doors to any royal reconciliation and its financial safety net.
Megan Markle’s ambitions extend beyond the home’s walls, with her lifestyle brand envisioning it as a rival to Gwyneth Paltro’s Goop. However, the venture has yet to launch in early spring, and critics are calling it a vanity project with no clear path to profit.
Harry is increasingly isolated, with his old friends in London being distant both geographically and emotionally, and his social circle in California revolves around Megan’s orbit. The couple’s staff turnover has left them leaning on support, relying on a skeleton crew to manage their sprawling ambitions.
In Monteito, the loss of trusted advisers has deepened Harry’s sense of drift, as he is not a businessman but a soldier and philanthropist at heart. The constant media spotlight has made them parers in a community that values discretion and the Sussexs’s unraveling fortunes.
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