Meghan and Harry now ‘financially independent’ and ‘should be congratulated’

"Financially independent" Meghan Markle and Prince Harry "should be congratulated on achieving their goal" in raking in millions from the private sector".

Accounts revealed by the Sovereign Grant report show the likes of the Queen, Prince Charles and the Cambridges continue to incur massive costs.

However, the Sussexes are absent from the report, keeping their vow to go out on their own and stand on their own two feet.

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A source close to Prince Charles said the Duke and Duchess "should be congratulated on achieving their goal" to earn millions privately.

The pair also paid for their own flights when they visited England at Easter.

Royal officials also said the couple's decision to repay £2.4million on their Frogmore Cottage home in Windsor was a "good deal" for taxpayers.

A royal source said of their financial independence: "Great credit to them… that has now been achieved."

Meanwhile the remaining royals have collectively cost the British taxpayers more than £100million, as regular members of the public struggle to make ends meet in the cost of living crisis.

The core Sovereign Grant is calculated based on 15% of the income account net surplus of the Crown Estate for the financial year two years previous.

The Crown Estate surplus for the financial year 2019-20 amounted to £345million, thereby producing a core Sovereign Grant of £51.8million for 2021-22.

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However, official expenditure was more than the Sovereign Grant and the supplementary income earned, with net expenditure for the first time ever of £102.4 million, a 17% increase on the previous year.

This was driven by spending totalling £54.6m on the Reservicing of Buckingham Palace – an increase of 41%.

Since stepping back from the royal family, Harry and Meghan have signed several deals that are thought to be worth millions of dollars.

One is with Netflix , which they will work with to create "content that informs but also gives hope".

It is unknown exactly how much the deal is worth but it has been reported it could be worth $112 million, £98.2 million.

Programmes in the works are believed to be a documentary about the Invictus Games which Harry founded and a children's series about a young girl's adventures called Pearl, where Meghan will act as executive producer.

Other deals include a deal with Spotify, said to be worth £30 million to produce podcasts promoting “diverse and inspiring voices” under the couple's brand Archewell Audio.

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