When Prince Harry and Meghan Markle made their move to California in March 2020, they sought refuge at the home of actor and comedian Tyler Perry.
While this information has been public knowledge for some time, Netflix’s new docuseries “Harry Meghan” shed light on the couple’s connection with Perry.
In an interview with director Liz Garbus, Perry vividly recalled the phone call that led to him offering his home to the Duke and Duchess of Sussex.
Sources close to Perry in Hollywood have now revealed that the reason behind his decision to purchase their mansion was due to Meghan’s property being sold at a significantly reduced price.
Originally valued at $14 million, the property was sold for around $9.5 million.
Perry saw an opportunity to refurbish the mansion and sell it at a higher price, effectively coming to the financial rescue of the struggling couple.
Not only did Perry’s intervention save the day for Harry and Meghan, but it also exposed the extent of their financial crisis.
Reports suggest that the Sussexes are currently burdened with a staggering debt of approximately $20 million.
The annual property taxes alone for their Montecito mansion range from $75,000 to $1.5 million, not to mention other expenses such as mortgage payments, staff salaries, and utility bills.
Despite their attempts to secure lucrative deals, such as the reported $100 million podcast agreement with Spotify, the couple has faced setbacks.
It is important to note that the $100 million figure was intended for production costs, and they would only receive payment if Netflix or Spotify greenlit their projects, earning them a mere one or two million dollars per successful venture.
With their previous sources of income depleted, Harry and Meghan find themselves grappling with mounting expenses related to travel, food, clothing, and their children’s education.
Contrary to claims that Meghan was a millionaire before marrying into the royal family, it appears she had no significant assets to her name.
She allegedly relied on financial support from various sources, including her public relations team.
These individuals would arrange photo deals and seek freebies from vendors, leveraging Meghan’s association with the royal family for their own business interests.
While she may have earned some money towards the end of her acting career, it is unlikely that her earnings reached the reported $5 million after taxes.
The Sussexes’ financial strain has become evident in their lifestyle choices.
They now rely on the generosity of friends for accommodations and often opt for low-key trips rather than extravagant vacations.
In fact, Harry even resorted to promoting the suit he wore to a coronation event to afford it.
It seems that no matter how much they accumulate, they are always in pursuit of more, consistently outspending their income.
To make ends meet, the couple has resorted to selling their belongings on eBay.
Shockingly, Meghan has been caught attempting to sell a pair of stolen Aquazzura shoes on the platform, leading to accusations of handling stolen goods.
Meanwhile, Meghan’s mother, Doria Ragland, continues with her daily routine, picking up dry cleaning near her Los Angeles home, seemingly unaffected by her daughter’s extravagant claims.
As Prince Harry and Meghan Markle navigate their newfound financial struggles, Tyler Perry’s intervention has provided them with a lifeline.
However, it remains to be seen how the couple will rectify their financial situation and whether they can find stability in their new chapter outside the royal family.