Prince Harry and Meghan Markle made headlines in 2020 when they decided to step down from their roles as senior royals, aiming to achieve financial independence from the royal family.
Despite their efforts to break free from financial ties, concerns have arisen about potential money troubles looming on the horizon for the Duke and Duchess of Sussex.
Upon their departure from the royal family, Harry and Meghan declared their intention to distance themselves from senior royal duties and strive towards financial autonomy while continuing to support Queen Elizabeth II.
Since relocating to California last year, the couple has ventured into various ventures to generate income independently.
The dynamic duo has inked lucrative deals with entertainment giants like Netflix and Spotify, producing exclusive content for these platforms.
Additionally, they have partnered with Penguin Random House for book publications, with Meghan already releasing a children's book titled “The Bench” and Harry set to unveil his memoir in 2022.
In a bid to align themselves with causes close to their hearts, Harry assumed the role of chief impact officer at BetterUp, a mental health startup, while both Harry and Meghan became impact partners at Ethic, an investment firm supporting racial justice and environmental initiatives.
Despite their entrepreneurial endeavors, speculations about potential financial hurdles have emerged, fueled by the couple's lavish spending habits.
During a recent trip to New York City, Meghan splurged on designer outfits, including a cashmere coat priced at $5,480 and matching pants at $1,680, raising eyebrows over their extravagant lifestyle.
Royal commentator Neil Shaw highlighted concerns about the couple's extravagant tastes, questioning the sustainability of their spending habits in the long run.
With a penchant for luxury living, private jets, and opulent accommodations, doubts linger over the longevity of their financial resources.
Critics have accused Harry and Meghan of being out of touch with reality, particularly after Meghan faced backlash for wearing expensive attire while visiting an underprivileged school in Harlem.
The extravagant display of wealth in such settings has drawn criticism for its perceived insensitivity towards those less fortunate.
Looking ahead, doubts loom over the Sussexes' lasting influence, with predictions that their star power might dwindle in the coming years.
Despite their foray into finance with Ethic, a sustainable investment firm managing billions in assets, skepticism remains about their financial acumen and motives.
While Harry aims to inspire young investors towards sustainable financial practices, detractors like royal biographer Angela Levin question the couple's motives, alleging that they are leveraging their status for personal gain rather than genuine financial expertise.
As the world watches the financial journey of Harry and Meghan unfold, uncertainties persist about the sustainability of their lavish lifestyle amidst mounting scrutiny.
