Meghan Markle, 38, and Prince Harry, 35, said they want to become financially independent from the Royal Family as they announced they would be stepping down. ITV’s royal correspondent, Chris Ship, revealed the Duke and Duchess of Sussex are still receiving money from Prince Charles, 71. It comes as the pair have signed up to a lucrative speakers agency as they plan to pay off their debt to the UK taxpayer.
Speaking on ITV’s Royal Rota, Mr Ship said: “They still need to own money.
“Prince Charles is essentially paying for them for the interim for however long father and son have agreed for money to be handed over that way.
“But they’ve go to, as they said they wanted to, earn their own money.
“We learnt this week how they are going to earn some of that money.”
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Product Lizzie Robinson added: “They said when they stepped back they want to become financially independent.
“They’ve got quite a big bill to pay off in Frogmore.
“They also promised they would pay back the £2.4million in taxpayers money that was used to refurbish Frogmore and they’re also paying rent on that.”
The royal couple have signed with an agency that works with former US President Obama and other high-profile clients.
The pair is being represented by the New York-based Harry Walker Agency, whose roster of speakers includes Barack and Michelle Obama, Bill and Hillary Clinton and Oprah Winfrey, the person said on Wednesday.
The move is one of the first major steps by the Duke and Duchess of Sussex to engage in paid work beyond the British royal family after they announced plans in January to lead a more independent life and to finance it themselves.
They now live in Los Angeles with their 1-year-old son Archie.
The couple’s speaking engagements will focus on issues such as racial justice, gender equity, the environment and mental health, an important topic to Prince Harry who has talked publicly about his struggles with grief following the death of his mother, Princess Diana.
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The speaking circuit can be lucrative for high-profile celebrities. Big-name speakers can earn six figures for a single appearance.
Meghan recently narrated a Disney nature documentary and Harry teamed with Winfrey for an upcoming mental health documentary. Both projects were in the works before they stepped back from the royal family.
Harry and Meghan also have supported charitable causes.
On Tuesday, they donned hair nets, aprons and face masks to bake with employees of Homeboy Industries, a Los Angeles-based social justice organization that hires former prisoners and gang members.