Meghan Markle and Prince Harry Are Now Financially Independent From Prince Charles

Meghan Markle and Prince Harry have achieved their goal of financial independence, and are no longer receiving any support from Prince Charles.

london, england september 04 prince harry, duke of sussex and meghan, duchess of sussex attend the wellchild awards at royal lancaster hotel on september 4, 2018 in london, england the duke of sussex has been patron of wellchild since 2007 photo by victoria jones wpa poolgetty images
(Image credit: James D. Morgan)
  • Meghan Markle and Prince Harry have achieved their goal of financial independence, and are no longer receiving any support from Prince Charles, People reports.
  • On Monday, a spokesperson for Harry confirmed he had paid back the £2.4 million (about $3.1 million) in public funds used to renovate Frogmore Cottage.
  • Charles was previously "helping with some ongoing living costs," according to People, but that's no longer the case. 

When Meghan Markle and Prince Harry announced their plans to step down as senior royals, in an announcement shared on social media in January, they stated they would "work to become financially independent" from the royal family, while "continuing to fully support Her Majesty the Queen." And they've now achieved that goal: As well as paying back the renovation costs of their U.K. home, Frogmore Cottage, they're no longer receiving any financial support from Prince Charles, an insider told People.

On Monday, a spokesperson for Prince Harry announced that he had paid back the £2.4 million (about $3.1 million) in public funds that was spent on renovating Frogmore Cottage. "A contribution has been made to the Sovereign Grant by The Duke of Sussex. This contribution, as originally offered by Prince Harry, has fully covered the necessary renovation costs of Frogmore Cottage, a property of Her Majesty The Queen and will remain the UK residence of The Duke and his family," the spokesperson said.

Speaking to People, a source close to the Sussexes shared that while Prince Charles was formerly helping them with "some ongoing living costs" after they moved to the U.S., they're no longer receiving any financial support after signing their multimillion dollar Netflix deal. In a statement last week, Meghan and Harry announced that they would focus on "creating content that informs but also gives hope" in their partnership with the streaming platform.

Meghan Markle's Most Iconic Fashion Moments

March 9, 2020

Image 1 of 53

commonwealth day service 2020

(Image credit: Karwai Tang)

Meghan and Prince Harry attend the Commonwealth Day Service at Westminster Abbey with all of the royal family. Meghan is wearing a custom Emilia Wickstead dress and carrying a Gabriela Hearst Demi bag; she's also wearing Birks earrings and Aquazzura heels.

March 9, 2020

Image 1 of 53

commonwealth day service 2020

(Image credit: Karwai Tang)

Meghan and Prince Harry attend the Commonwealth Day Service at Westminster Abbey with all of the royal family. Meghan is wearing a custom Emilia Wickstead dress and carrying a Gabriela Hearst Demi bag; she's also wearing Birks earrings and Aquazzura heels.

Emily Dixon
Emily Dixon

Emily Dixon is a British journalist who’s contributed to CNN, Teen Vogue, Time, Glamour, The Guardian, Wonderland, The Big Roundtable, Bust, and more, on everything from mental health to fashion to political activism to feminist zine collectives. She’s also a committed Beyoncé, Kacey Musgraves, and Tracee Ellis Ross fan, an enthusiastic but terrible ballet dancer, and a proud Geordie lass.