Does Prince Harry Still Receive Money from the Royal Family?
The question of whether Prince Harry continues to receive financial support from the royal family has arisen frequently in recent years. Since stepping back from royal duties in 2020, Harry and his wife, Meghan Markle, have lived in the United States. But do they still benefit financially from 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 annual payment helps finance the monarch's official duties, but it does not extend to the Sussexes following their decision to step back from royal work.
“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,”
The couple is committed to their charitable activities and establishing new initiatives. Additionally, they appreciate the freedom to earn a professional income, which was 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
Prince Harry and Meghan Markle no longer receive money from the royal family and have embraced financial independence while continuing their charitable work.
Author’s summary: Since stepping back from royal duties in 2020, Prince Harry and Meghan Markle have become financially independent and no longer receive funding from the Sovereign Grant.