Lifestyle

Meghan Markle and Prince Harry have had to pay £213,000 to charity to settle their last debt to the Sussex Royal Foundation

PRINCE Harry and Meghan Markle have been forced to pay £213,000 to charity to settle their foundation’s final debt.

The couple’s MWX Foundation, formerly Sussex Royal, which is in liquidation, has paid off its outstanding debt to an unnamed charitable organization, papers revealed.

Harry and Meghan have paid off their outstanding debts

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Harry and Meghan have paid off their outstanding debtsPhoto credit: The Mega Agency

According to the report, a claim of £213,000 has been received from a creditor in relation to a grant to a “non-profit organization”.

A total of £134,500 was paid off last year as the couple said all their debts would be paid off in full within 12 months.

However, the remaining £78,500 was paid later, according to the report.

The delay in payment caused an additional charge of £27,447 as “time costs exceeded estimate”.

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The document also states that £22,000 will go to Harbottle & Lewis for legal representation.

Harry and Meghan founded the outfit back in 2019 and called it Sussex Royal – The Foundation of the Duke and Duchess of Sussex.

But the couple had to change the foundation’s name to the MWX Foundation when they retired from court life.

And almost a year ago, they ordered a voluntary liquidator to wind up the charity, essentially severing another link with the UK.

A Smith & Williamson report filed in September 2021 showed the company had £289,106 in an account with Coutts & Co when they were called in.

The corpse was said to have a wholly owned subsidiary – Harry and Meghan’s trading arm MXH Trading Ltd – which is also being voluntarily wound up by the couple.

The document states that £26,000 will go to Harbottle & Lewis for legal representation and £10,000 to insolvency practitioners.

Meanwhile, the Sussex-born Dutch girl is looking for a new television home for her animated series Pearl, which was pulled from Netflix earlier this month.

Sources told the Sun that Meghan, 40, and her team at production company Archewell are “reviewing the project to see where else it might find a home.”

They will introduce the concept of the series to other TV channels and streamers like Apple and Amazon.

https://www.the-sun.com/lifestyle/5316833/meghan-markle-prince-harry-pay-charity-foundation/ Meghan Markle and Prince Harry have had to pay £213,000 to charity to settle their last debt to the Sussex Royal Foundation

Jessica MacLeish

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