Meghan Markle and Prince Harry News and Updates

[Anonymous]

That's also why the British media are pissed that Meghan and Harry now own their Santa Barbara home. None of the royals can say the same, Princess Anne being the exception, they stay in their homes rent-free (unless the public gets in a tizzy like they did with the Gloucesters) for their lives but at any point in time it can be decided that those homes need no longer be maintained or should be given this or that person.

And with the Queen firing 250 staffers thanks to COVID-19 -- something's going to give.

[Anonymous]

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Anonymous wrote:Gotta hand it to MM. She leaves Hollywood as a third rate actress on a barely watched show, married PH, and now slides back to Santa Barbara to a house that sounds lovely but way too expensive for a pair who really have no viable means of income save for what the BRF and Prince Charles will hand out to them. Sure, Harry has an inheritance from Diana but it wasn’t massive.

Guessing these two will downside in the next few years - and divorce shortly after. This isn’t for the long haul, that’s for sure.

Harry received a larger inheritance from the Queen Mother than he got from Diana. And hasn’t he been living rent free his whole life? Not to say they have the funds to live a billionaire lifestyle but they could theoretically have paid for this house with harry’s cash on hands (which also makes sense as to how they got a mortgage on it).

I'm embarrassed that I know this, but the estimates I've seen are in the $20ish million range. That's a nice sum of money, but not enough to buy and maintain a $12 million house over the long haul. If they had paid in cash, they'd have around $10 million to live on, which would throw off around $400k in interest, at best. Maintaining the gardens alone at that place will be a drain. Plus, they're allegedly paying for their own security and paying the British people back a couple of million for the renovation of Frogmore House. That's before you start paying publicists, personal assistants, etc., much less flying private and buying a designer wardrobe. They're very young -- their money has to last them a loooong time. I'm sure they'll inherit something from Charles when he goes, but my understanding is that the bulk of his wealth goes by law to William (English inheritance laws have always favored primogeniture and keeping big estates together).

So, assuming they got a mortgage, they've still got their capital, but now they have a fairly huge mortgage. They're either getting a massive subsidy from Charles, or they're going to need to get paying jobs very quickly.

Forbes had an interesting article about how these huge homes are financed. They don’t get regular mortgages like us chumps. They get a much better deal.

https://www.forbes.com/sites/megangorman/2020/08/14/what-prince-harry-and-meghan-markles-home-purchase-shows-us-about-financial-planning-for-the-wealthy/

Doesn't matter. They still owe approx. half their net worth, just for the mortgage.

This. And on top of it they have massive maintenance costs every year on the home - on top of security they are supposedly paying for themselves.

[Anonymous]

Tell me this isn’t true- Is Harry, or favorite wild child bachelor royal, going to suddenly transform into a So Cal suburban dad? How long will this Santa Barbara stepford-bro charade last?

And why does his man cave feature a stage, a glittery curtain, and a dance pole?

https://www.latimes.com/business/real-estate/story/2020-08-12/prince-harry-meghan-markle-buy-montecito-estate

[Anonymous]

Anonymous wrote:That's also why the British media are pissed that Meghan and Harry now own their Santa Barbara home. None of the royals can say the same, Princess Anne being the exception, they stay in their homes rent-free (unless the public gets in a tizzy like they did with the Gloucesters) for their lives but at any point in time it can be decided that those homes need no longer be maintained or should be given this or that person.

And with the Queen firing 250 staffers thanks to COVID-19 -- something's going to give.

What? They took a 9M mortgage! Far from owning their own home. The only thing British population is pisses is that their taxes and Duke of Cornwall's estate is paying for a house in California! LOL!! Who exactly is working, Harry or Meghan? What is this income you speak of?

[Anonymous]

Anonymous wrote:Tell me this isn’t true- Is Harry, or favorite wild child bachelor royal, going to suddenly transform into a So Cal suburban dad? How long will this Santa Barbara stepford-bro charade last?

And why does his man cave feature a stage, a glittery curtain, and a dance pole?

https://www.latimes.com/business/real-estate/story/2020-08-12/prince-harry-meghan-markle-buy-montecito-estate

Because it was owend by a Russian oligarch? Duh!

[Anonymous]

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Anonymous wrote:For folks predicting they'll divorce, there's no chance she divorces him until his dad dies. Too much $$$.

However, I feel like he could leave her, but of course that would mean he'd have to wise up – a trait he hasn't really ever displayed.

Please stop posting about this as you have no idea how inheritances work in this context. An inheritance is not community property.

It is in the UK.

Then how did Sarah Ferguson end up in her own words “without a pot to p*ss in?”

Because PP doesn’t know what they’re talking about.

Because Prince Andrew didn't have any inheritance to speak of.

He lived in a home that was owned by the Crown Estate as the majority of the Queen's children and grandchildren do.

Kate and Wills don't own Anmer Hall. The Crown does. The monarch can designate it as a lease-free rental for however long she or he chooses.

Similarly Andrew's income came or comes from an allowance from the Queen.

Where Sarah Ferguson messed up was that she had no leverage in her divorce. She was the one that cheated on Andrew, not the other way around. She also wasn't popular with the public like Diana was.

Diana there held out for the goods - that being £18 million dollars in cash (which went into trusts for William and Harry a year later on her death), £400,000 a year in spousal allowance, and a lease-free rental in Kensington Palace for the rest of her life.

She only got the lump sum after Charles borrowed £10 million from the Queen to pay her divorce settlement. What did Sarah Ferguson get? £1 million and strong encouragement to leave the U.K.

Sigh.

You are literally hopeless. You have not a single source to say that inheritances are community property and clearly aren’t a lawyer. I hope you aren’t hoping to divorce someone for an inheritance because you are going to be sorely disappointed. I also wonder if perhaps Andrew would have gotten something from his grandparents in much the same way as William and Harry did but who knows.

[Anonymous]

Anonymous wrote:

Anonymous wrote:That's also why the British media are pissed that Meghan and Harry now own their Santa Barbara home. None of the royals can say the same, Princess Anne being the exception, they stay in their homes rent-free (unless the public gets in a tizzy like they did with the Gloucesters) for their lives but at any point in time it can be decided that those homes need no longer be maintained or should be given this or that person.

And with the Queen firing 250 staffers thanks to COVID-19 -- something's going to give.

What? They took a 9M mortgage! Far from owning their own home. The only thing British population is pisses is that their taxes and Duke of Cornwall's estate is paying for a house in California! LOL!! Who exactly is working, Harry or Meghan? What is this income you speak of?

Didn’t Harry just do some speech for an investment bank for like $900k?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That's also why the British media are pissed that Meghan and Harry now own their Santa Barbara home. None of the royals can say the same, Princess Anne being the exception, they stay in their homes rent-free (unless the public gets in a tizzy like they did with the Gloucesters) for their lives but at any point in time it can be decided that those homes need no longer be maintained or should be given this or that person.

And with the Queen firing 250 staffers thanks to COVID-19 -- something's going to give.

What? They took a 9M mortgage! Far from owning their own home. The only thing British population is pisses is that their taxes and Duke of Cornwall's estate is paying for a house in California! LOL!! Who exactly is working, Harry or Meghan? What is this income you speak of?

Didn’t Harry just do some speech for an investment bank for like $900k?

Great, he just needs 9 more of those and at least another 9 to pay for maintenantce, staff and protection. Somehow I don't see them in the news with any speeches, and I am not optimistic that it will pick up post-COVID. What do they really know about money and investing and even human rights? Nothing. Americans and others might be suckers for the British Royal family, but not forever for the people that don't know anything about anything. Harry and Meghan need to be canceled. Bcs they really don't know anything. Moving away to California shows they are dumb as rocks. Already one book printed that they might be profiting off from airing dirty laundry, no doubt next tell-all coming soon to pay for their bills. They went from top snob admired aristocratic family in the world, to hangers on in Holywood. Their only value was being royals. I'd rather listen to Kevin Hart that to those two, at least he is funny.

[Anonymous]

Does it make anyone else uneasy that meghans latest thing about urging women to vote has her name “Meghan, duchess of Sussex” underneath her pic?

I just don’t think a “royal” of another country should be inserting themselves into our politics however well intentioned. I understand she’s just campaigning For people to vote, not supporting a political platform per se... but still.

[Anonymous]

They both seem to have mental illness

[Anonymous]

Anonymous wrote:They both seem to have mental illness

Harry is like his mother--I'm sure he's a good person but he's emotionally unstable, immature, and not very bright.

[Anonymous]

Anonymous wrote:Does it make anyone else uneasy that meghans latest thing about urging women to vote has her name “Meghan, duchess of Sussex” underneath her pic?

I just don’t think a “royal” of another country should be inserting themselves into our politics however well intentioned. I understand she’s just campaigning For people to vote, not supporting a political platform per se... but still.

+1. It is off-putting to Americans even if she has dual citizenship.

[Anonymous]

Anonymous wrote:Does it make anyone else uneasy that meghans latest thing about urging women to vote has her name “Meghan, duchess of Sussex” underneath her pic?

I just don’t think a “royal” of another country should be inserting themselves into our politics however well intentioned. I understand she’s just campaigning For people to vote, not supporting a political platform per se... but still.

Came here to post this: https://spectator.us/meghan-markle-duchess-sussex-voting-rights-activist/

The take away: "If you’re going to lecture the former colonies on how they should vote, maybe at least start by dropping the imperial title. Being committed to democracy and voting rights ought to be more than just a personal branding ploy."

The argument on why she sounds ridiculous "Now, after very publicly withdrawing from one Western democracy, Meghan is very publicly butting back into another. In her interview with the 19th, the Duchess mentioned that her husband has never been able to vote, citing it as an example of why no one should ever take the right to vote for granted. If a PR consultant devised that talking point, they should probably be fired. In the US, voter disenfranchisement remains an enormous problem, from draconian state measures that strip felons who have served their time of the right to vote for life, to misinformation campaigns that attempt to convince certain blocs of voters to stay home. The Duchess of Sussex’s husband can’t vote because he was born into money, castles, corgis, and the overwhelming burden of showing up at a lot of charity balls. There is zero comparison. I’m sure that if Harry did want to become an American citizen and start casting ballots, he could use his connections to leapfrog our labyrinthine immigration system that leaves scores of would-be eager American citizens and voters in a painful holding pattern."

[Anonymous]

all the markle stans seem to be curiously silent...hm.

[Anonymous]

She doesn't get it, she wants her public persona to be as a celebrity who deals with meaningful change and increased social awareness. But society does not WANT her in that role. She is not in a position to improve lives by "using her platform" or "lending her name" to causes. No one is asking her to show up on a global let alone an American stage to promote good.

At least Harry was invited to acts of service. And even now he is working on the Invictus Games with other organizers.

If Meghan was really about helping others she would stop trying to put herself out there and promote her name/face alongside the causes.