Meghan Markle reportedly flew into a rage following announcements from royal officials regarding King Charles's plans to withdraw £10 million from Prince Harry's children's trust fund.
This development comes amidst ongoing tensions between the Sussexes and the royal family, which have persisted since Harry and Meghan stepped back from their senior royal roles in 2020. Since their relocation to California, the couple has given several high-profile interviews criticizing the royal institution.
According to a news story published in the UK tabloid The Sun, King Charles is deeply frustrated by Harry's continued public critiques of the monarchy in American media. In response, the king is allegedly taking action by ordering royal financial experts and advisors to investigate the multi-million-pound trust funds established for his grandchildren, Archie and Lilibet, by Prince William and the late Queen Elizabeth II.
These trust funds, reportedly set up a few years ago, contain between £2 million and £3 million each. The funds were sourced from Prince William and matched by the Queen Mother's personal wealth before her passing. Initially, the funds were intended to be managed until Archie and Lilibet each turned 18, at which point they would gain full access to the money.
However, King Charles now seems to have different plans. Royal aides suggest that the king believes it is no longer appropriate for Harry's children to receive such substantial financial gifts, given that they have been stripped of their HRH status and Harry is no longer a working royal. Charles is said to be particularly frustrated with Harry's use of his royal connections to criticize the monarchy while simultaneously leveraging his royal status for lucrative deals with Netflix and Spotify.
The new proposal under consideration by Charles and his advisors involves removing £10 million from the children's trust funds and redirecting the money to royal charities or other family members. This move has reportedly enraged Meghan Markle. Sources close to her claim she is furious that King Charles would consider cutting off Archie and Lilibet's access to their inheritance. Meghan believes that the funds were intended by the Queen and others to support Harry's children, irrespective of their titles or status.
It is being reported that Meghan views this decision as another attempt by the royals to undermine her family and assert dominance. She allegedly expressed to friends that this action exemplifies the cold and cruel nature of the royal family. Meghan also reportedly finds it extremely unjust to punish the children for their parents' decisions. A friend of Meghan's told The Sun that Meghan perceives the royal family's view of Archie and Lilibet as outsiders due to their mixed race, given Meghan's biracial heritage.
According to sources, Meghan argues that despite the familial disputes, the fundamental purpose of the children's inheritance was to ensure financial stability and support for Archie and Lilibet as blood relatives of future monarchs. However, royal insiders insist that King Charles has the right to determine the appropriate use of royal financial gifts and trusts, particularly as Harry and Meghan are no longer senior working royals. They argue that the children's inheritance should be reconsidered in light of these changes.
Interestingly, another source mentioned that King Charles and royal officials are reviewing future funds for all minor royals to ensure more oversight and fairness. This review aims to address concerns about the reliance of some family members on royal handouts instead of financial independence. Nonetheless, the fact that this review seems to specifically target Harry has not gone unnoticed.
