In recent revelations, it has emerged that King Charles III is deeply concerned about the financial stability of his youngest son, Prince Harry. The monarch's worries stem from the fear that Harry's lavish lifestyle and significant expenditures may quickly deplete the millions he and his wife, Meghan Markle, have earned from high-profile deals with companies like Netflix and Spotify.
The concern was highlighted in royal reporter Robert Jobson's forthcoming biography about Kate Middleton, titled "Catherine: The Princess of Wales." Jobson claims that within the Palace, the ongoing issue is referred to as the "Harry problem." According to an excerpt published in the Daily Mail, a Palace official stated, "What worries His Majesty, and his top team, is what is going to happen when all the money runs out."
The financial strains on Harry and Meghan have been a topic of much discussion, especially given their lifestyle in Montecito, California. Royal reporter Michael Cole told GB News, "You can burn through an awful lot of money with security around the clock, 365 days of the year. They have high expectations. Although they have earned a great deal of money from Netflix in particular and other ventures, you can quickly become poor and their ambitions are high."
Despite the strained relationship between Harry and his family, King Charles reportedly harbors hopes of reconciliation. Cole added, "King Charles has had a tap of the shoulder from fate. He's got cancer. He, above all, wants reconciliation with his younger son. He would perhaps take a view that if he can help his son, he will. The door has already been opened."
Relations between Harry and the rest of the royal family have been tense since he and Meghan stepped back from their royal duties and moved to the United States in 2020. The couple has often been critical of senior royal figures, including King Charles, Queen Camilla, Prince William, and Princess Kate, through various media outlets, including their Netflix documentary and Harry's memoir, "Spare."
Adding to the complexity, Harry's recent visit to London for the 10th anniversary of the Invictus Games did not include a meeting with his father, further highlighting the ongoing rift. A spokesperson for Harry cited the King's busy schedule as the reason, saying, "It unfortunately will not be possible due to His Majesty's full program."
The financial concerns are not new. In a bombshell 2021 interview with Oprah Winfrey, Harry claimed that his father had "literally cut me off financially," which motivated the couple to seek lucrative deals with media giants to cover their security costs and maintain their lifestyle.
Jobson's book also suggests that Harry and Meghan are attempting to diversify their income streams, seeking avenues that do not rely on public grievances against the Royal Family. He noted, "The public have wearied of their constant complaints."
The tension extends to Prince William, who, according to Jobson, is "adamant" about not supporting the Sussexes financially in the future, despite the perceived void their departure has created within the Royal Family. This void, Jobson writes, has never loomed so large, referring to the loss of both star power and manpower due to Harry and Meghan's abdication of their senior roles.
Cole further warned that Harry's lavish lifestyle could quickly deplete their resources, stressing the importance of finding sustainable income sources. "You can burn through an awful lot of money," he emphasized, noting the high costs associated with maintaining security and a high-profile lifestyle.
