Prince Harry and Meghan Markle are going to have to put their hands in the wallet. Through their foundation, MWX, the Sussexes will settle an unpaid debt to an anonymous non-profit organization. In official documents, we learn that a claim for 213,000 pounds had been received from a creditor concerning a subsidy due to a “non-profit company”. If Meghan Markle and Prince Harry have already repaid 134,500 pounds, their debt has increased. Since they did not regularize their situation in time indeed, the interest increased the remaining sum by nearly 28,000 pounds. As their business closed, a £213,000 surplus from the closure was paid out as a ‘grant’ to a ‘not-for-profit’ company, Harry and Meghan’s eco-travel company, Travalyst Ltd, according to the Daily Mail.
“In accordance with the terms of the grant agreement, we receive income and expense reports on the use of grant funds to show that they are being used in accordance with the purposes of the charity,” the directors said. liquidators. Almost a year ago, the Sussexes instructed a voluntary liquidator to liquidate the charity they had created, Sussex Royal, to permanently cut their link with Great Britain. Since then, Meghan Markle and Prince Harry have created another, Archewell, this time domiciled in the United States. For them, therefore, the financial problems accumulate. Because if they signed big contracts with Spotify then Netflix, the series of the duchess was canceled by the video platform. With the judgment of Pearl, Meghan Markle has therefore said goodbye to potential sources of remuneration.
“For Harry and Meghan, it’s a big waste of money”
“Meghan had big plans for Pearl, ranging from duvet covers with the logo, coloring books, pens, etc., confided a Crown expert. It could have been a huge source of money if managed correctly. It’s not necessarily his fault no matter what people think, things are turning around and the TV channels are deciding they don’t want to spend anymore. For Harry and Meghan, it’s a big waste of money.” For the moment, their other projects with Netflix are not yet in the hot seat. Even if the American giant is annoyed with Prince Harry, who is producing a documentary on the Invictus Games. Netflix officials would not have appreciated his agreeing to give interviews to competing channels, and revealing the details of his visit to the Queen, when he came to the Netherlands.
Harry and Meghan © Julien Burton