Does Prince Harry Still Receive Money from the Royal Family?
The question of whether Prince Harry continues to receive money from the royal family has come up frequently in recent years. Since stepping back from royal duties in 2020, Harry and his wife, Meghan Markle, relocated to the United States, raising curiosity about their financial ties to the monarchy.
Financial Independence After Stepping Back
According to the official Sussex website, Prince Harry and Meghan Markle no longer receive funds from the Sovereign Grant. This grant is a yearly payment from the government to the monarch, intended to cover official duties. After their decision to step down from royal roles, the website clarified their new financial status.
“In 2020, The Duke and Duchess of Sussex have made the choice to transition into a new working model. As they step back as senior members of the Royal Family and no longer receive funding through the Sovereign Grant, they will become members of the Royal Family with financial independence which is something they look forward to.”
Commitment to Charitable and Professional Work
The Sussexes pride themselves on their charitable work and aim to expand their efforts independently. They also value the ability to earn a professional income, which their previous royal roles did not allow.
“The Duke and Duchess of Sussex take great pride in their work and are committed to continuing their charitable endeavours as well as establishing new ones. In addition, they value the ability to earn a professional income, which in the current structure, they are prohibited from doing.”
Summary
Prince Harry and Meghan Markle no longer receive funding from the royal family and have embraced financial independence to pursue charitable and professional opportunities.
Author’s summary: Since stepping back from royal duties in 2020, Prince Harry and Meghan Markle do not receive money from the royal family and focus on independent charitable and professional work.
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