Does Prince Harry Still Receive Money from the Royal Family?
The question of whether Prince Harry still gets financial support from the royal family has been raised multiple times in recent years. Since stepping back from royal duties in 2020, Harry and his wife, Meghan Markle, have resided in the United States.
Financial Independence
According to the official website of the Duke and Duchess of Sussex, the couple no longer receives funding from the Sovereign Grant — the annual payment provided by the government to support official royal duties. Their decision to step back meant cutting financial ties with the monarchy.
“In 2020, The Duke and Duchess of Sussex made the choice to transition into a new working model. As they stepped back as senior members of the Royal Family and no longer received funding through the Sovereign Grant, they became financially independent, which they looked forward to.”
New Professional and Charitable Ventures
The website further stated that the Duke and Duchess take pride in their charitable projects and intend to continue creating new ones. They also value the freedom to earn their own professional income, something previously restricted under their royal roles.
“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
Since 2020, Prince Harry and Meghan Markle have been financially independent, sustaining themselves through their own ventures and charitable initiatives rather than royal funding.
Author’s summary: Prince Harry and Meghan Markle have been financially independent since leaving official royal duties, relying on their own income and charitable work.