Breaking down Harry and Meghan's bid for 'financial independence'

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NSTworld: PrinceHarry and MeghanMarkle earned a small share of the Sovereign Grant, paid annually to QueenElizabethII to cover her and family members' official duties, as well as the upkeep of royal palaces.

The couple are giving up their taxpayer-funded income, maintaining some other revenue streams, while leaving several questions about their finances unanswered.

The couple will"no longer receive public funds for royal duties", according to a Buckingham Palace statement on Saturday. But it said that was expected to come from his own private investment income rather than revenue generated by the duchy, and that this was not"an inexhaustible source of funds", according to a royal source.

For her part, Meghan Markle previously earned hundreds of thousands of dollars when she was an actress, starring in the US TV series Suits, and running her blog The Tig.

 

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