Wednesday, 12 August 2020

Why are Prince Harry and Meghan Markle blowing £8m on a Santa Barbara mansion when they still owe the British taxpayer £2.4m for Frogmore Cottage?



Prince Harry and Meghan's £8million secret Santa Barbara house buy came under scrutiny today - after it emerged Prince Charles helped with funds and the couple are still paying off Frogmore Cottage's renovations.

The Duke and Duchess of Sussex ditched Tyler Perry's 12-bedroom Beverly Hills mansion for the 'considerable privacy' of the new property.

They have been living in the upscale California community for six weeks since early July under the radar.

Their neighbours now include close friends Ellen DeGeneres, 62, as well as Oprah Winfrey, 66, who also have multi-million-pound properties there, as well as Ashton Kutcher and Mila Kunis.

But there were questions asked about the expense after the pair had agreed to pay £18,000 a month to repay £2.4million used to refurbish and renovate their previous Frogmore Cottage residence.
 

Royal expert Ingrid Seward told MailOnline she understood why people were asking about the price spent on the new home.

She said: 'I think people at this moment of time when Meghan and Harry do anything to do with money, it isn't going to be looked at very favourably.

'People will not like what they do when it involves a lot of money.' 

Film directors and screenwriters are also known to favour their new community - nicknamed Beverly Hills North - due to its proximity to Hollywood and LA.

Santa Barbara also has a bi-weekly Woke Men groups for people to get in touch with their feelings. 

Royal insiders said Prince Charles had contributed money to his son to help him secure the property for his family.
 
A source said: 'Charles had been keen to help out and put his hand in his own pocket to assist.

'He is devoted to both his sons and any time he can assist them he always will'. Clarence House declined to comment.

At their peak Harry and Meghan's combined wealth had been estimated to be worth around £33 million.

He was estimated to have earned as much as £700,000 to speak at a star-studded JP Morgan summit in Miami in February. 

Papers for their now in liquidation Sussex Royal Foundation also showed it was owed £200,000 from an unknown source. 





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