Meghan Markle and Prince Harry Are Now Financially Independent
They've also paid back costs of their Frogmore Cottage home renovations.
According to ABC News, The Duke and Duchess of Sussex are now officially financially independent from Harry's father, Prince Charles, and have paid back British taxpayers' money that was used to refurbish their Windsor home, Frogmore Cottage — which they intend to continue using as their U.K. residence.
"A contribution has been made to the Sovereign Grant by The Duke of Sussex," a spokesperson for the couple said in a statement. "This contribution as originally offered by Prince Harry has fully covered the necessary renovation costs of Frogmore Cottage, a property of Her Majesty The Queen, and will remain the U.K. residence of The Duke and his family."
The news comes just after the Sussexes signed a deal with Netflix. Last year, Meghan and Harry moved into Frogmore Cottage just before welcoming their son, Archie. Earlier this year, it was reported that the couple would be paying back the costs of their home renovation, which allegedly cost about $3 million. When they announced their decision to step back as senior royal family members, they said they would "work to become financially independent, while continuing to fully support Her Majesty The Queen."
A source close to the Sussexes told ABC that they reimbursed the British taxpayers in full and will cover all the structural renovations, adding that all the furnishings and appliances were paid for personally by the couple from the outset.
Another source also told Vanity Fair that they are "very relieved and very pleased" to have been able to pay off the debt so quickly.
"This has been a pro-active step and something they wanted to do from the outset," said the source. "There was no requirement [from the Queen] for them to pay the money back but it was important to them that they did, and after the Netflix deal they were in a position to do so. I think this is quite a significant moment for them. They’re now in their forever home, it’s the start of their new life and they’re very much looking forward to everything that’s about to come."