Prince Harry and Meghan Markle have been warned over potential future money issues and the possibility that they might have to go “cap in hand” to either King Charles or Prince William.
The warning was issued by royal author Robert Jobson on the Palace Confidential podcast when he was in conversation with host Jo Elvin and Richard Eden about the latest state of affairs regarding Harry and the rest of the Royal Family.
Mr Jobson was asked by Jo what would happen when the money ran out after years spent in America trying to build a business empire. In response, Mr Jobson claimed Harry had made a career out of speaking about his family in recent years and that this could only go on for so long.
His comments come as Harry and Meghan continue to build new wealth-creating opportunities, four years after leaving the Royal Family.
Mr Jobson said: “What is going to happen? That is the whole point. The King is fully aware of that because at some stage the currency of talking about your family endlessly of which he’s made a career for the last few years is going to become less and less.
“Because, number one, not many people are really dealing with them anymore. We’ve already said the phone calls aren’t getting through
“So what you’ve got to say is less and less relevant, the distance becomes further and further apart and the closer his brother comes to the throne, he’s the relevant person and so’s his family. This guy, rather like Edward 8th…became a rather sad, wealthy, but ridiculous person.
“If you keep spending money on every litigation in the world and it’s ok if you win, but if you start losing a couple that’s not going to be good and also they have a very expensive lifestyle.”
On their lifestyle, Mr Jobson said: “They’ve got security, they’re flying all over the world, they’re doing all sorts of things, they’re doing their own royal tours to Nigeria, of course, it cannot go on indefinitely.
“I suppose he’s going to have to go cap in hand to his father or his brother but I’m not sure that they’re necessarily going to be that generous.”
Whilst the money has yet to run out for Harry, the former senior Royal is set to receive a small financial boost when he receives £7m worth of inheritance after he turns 40.
The money comes courtesy of his late great grandmother the Queen Mother who died in 2002 and left some cash in her will for her great-grandsons.
Discussing the windfall, Christopher Andersen told Fox News about why the Queen Mother may have stipulated that Harry and William had to wait until they turned 40 before receiving the money.
He said: “Why 40? To a woman who nearly lived to be 102, one can only imagine that 40 seemed like the perfect age to come into some extra cash — when you’re young enough to appreciate it but also old enough, and hopefully wise enough, not to blow it.
“Of course, the prince’s great-granny couldn’t have anticipated all the trouble Harry caused the rest of the family. I think she would have cut him out of [the trust] entirely had she known.
“The Queen Mother knew [Harry] would have fewer opportunities and responsibilities. It was a logical and thoughtful decision.”
