Prince Harry and Meghan Markle find themselves in a precarious financial situation, with reports suggesting that they are grappling with a staggering $28 million debt.

The couple’s extravagant lifestyle appears to have caught up with them, as their spending patterns have become unsustainable.

Despite securing high-profile deals with Netflix and Spotify, their financial success has fallen short of expectations, leaving them in a difficult position.

While Prince Harry and Meghan have not officially confirmed these reports, if they are indeed true, it indicates that the couple is facing significant financial challenges.

Their debt has reached an alarming £28 million, with no clear sources of future revenue.

To alleviate their financial burden, they may need to explore options such as selling their Villa Montecito or finding ways to reduce costs.

Adding another layer to this financial saga is Prince Harry’s attempt to seek additional financial support from his father, King Charles.

According to Angela Levin, a biographer specializing in the British royal family, Harry has been in constant contact with his father, causing him considerable distress due to Harry’s attention-seeking behavior in public following their departure from the royal family.

It is worth noting that Prince Harry and Meghan Markle stepped back from their roles as active members of the British royal family in 2020.

As a consequence, they lost their financial support from the royal foundation.

Their strained relationship with Prince Charles further complicated matters, as Harry constantly demanded an apology and more money, leading to heated exchanges and strained communication.

Prince Charles eventually reached a breaking point, refusing to entertain Harry’s requests for further financial assistance.

The couple’s lavish spending habits have only exacerbated their financial troubles.

Since moving to the United States, they have splurged on a $2 million Montecito mansion and frequently traveled by private jet.

Their clothing expenses alone amounted to over $114,000 last year, and Prince Harry’s passion for polo and the costs associated with maintaining his ponies added to their financial strain.

Prince Harry and Meghan Markle’s transition to a new life outside the royal family has been marked by financial difficulties and strained family relationships.

The couple’s debt continues to mount, and finding a sustainable solution remains a challenge.

Their future prospects hinge on their ability to address these financial issues and make necessary adjustments to their lifestyle.