Prince Harry and Meghan Markle’s extravagant $20 million yearly lifestyle, including a $14.6 million Montecito home, has raised concerns within Buckingham Palace. Since stepping back from their royal duties four years ago, the couple aimed for financial independence, securing lucrative deals with Netflix and Spotify, although the Spotify partnership ended recently.
- Financial Burden: The Sussexes face significant expenses, including security and a hefty mortgage. There is anxiety about their financial future, especially if current deals aren’t renewed.
- Netflix Ventures: Despite speculation about their future with Netflix, the couple is reportedly working on unscripted projects, including a film and series in early development.
- Netflix Deal: The five-year, £80 million Netflix deal signed in 2020 may play a crucial role in sustaining their lifestyle, with new productions in progress.
- Spotify Endeavor: The couple’s podcast deal with Spotify, worth £18 million, ended after Meghan hosted the Archetypes series. They mutually agreed to part ways with the audio streaming giant.
- Future Ventures: Beyond Netflix, the couple may explore other outlets for income, keeping Buckingham Palace on edge regarding their financial stability.
Meghan and Harry’s ongoing financial decisions and ventures are closely watched, with uncertainties lingering about their ability to maintain their opulent lifestyle.