This week has left many feeling Donald Trump is making their lives harder. Prince Harry and Meghan Markle could lose millions of dollars to him!


 

This week has left plenty of people feeling like Donald Trump is making their lives more difficult. And, it seems that Prince Harry, Duke of Sussex can be added to that list.

Harry recently received over $10,000,000 after settling his lawsuit against tabloid publisher News Group Newspapers.

Yet, despite what his barrister David Sherborne called a “monumental victory” for the royal, he may ultimately pocket far less of the payout than he thought. And, it’s all because he lives in the United States, per The Daily Mail.

A source told the Daily Mail that “As a U.S. resident, Harry has to pay tax on his worldwide income unless it’s been taxed in Britain.” They added, “And here’s the sting in the tail: legal damages are not taxed in the UK.” Harry is reportedly using most of the money he received in the settlement to pay his lawyers. And now, he’ll need to use some of what’s left over for taxes.

 

This financial setback likely won’t affect Harry too much

Prince Harry and Meghan Markle, Duchess of Sussex, made the move from the U.K. to California back in 2020 after cutting ties with their royal roles.

Now, after Catherine, Princess of Wales reportedly extended an olive branch to the couple amid the LA fires and news that being in the U.K. would have saved them quite a bit of money on taxes, we could see how Harry’s home country could be looking better than ever right about now. It doesn’t seem, however, that the feud between Harry and William, Prince of Wales, has come to an end, so he may still not feel particularly welcome back home.

While Harry, like so many of his fellow U.S. residents, may be bemoaning the financial downsides of Donald Trump’s second presidency kicking off, this monetary setback shouldn’t be too much of a problem for the duke.

 

In September 2024, Harry’s 40th birthday earned him a massive inheritance from his great-grandmother, Queen Elizabeth, the Queen Mother. Hitting the milestone birthday meant gaining access to a $10 million trust fund. So, while Harry’s big legal battle payday may not save Meghan’s Hollywood dreams, these two are surely not strapped for cash.

 

Related Posts

Honky-Tonk Heartbeat: Aaron Nichols Turns The Voice Into a Bakersfield Bash with Luke Combs Magic

Under the glaring lights of Universal Studios Hollywood, where the echoes of past champions still linger like cigarette smoke in a dive bar, Aaron Nichols stepped onto…

‘Through My Window 3’ Wraps Raquel and Ares in Wedding Bliss – But Artemis and Apollo’s Daddy Drama Teases a Steamy Spin-Off That Could Shatter the Hidalgo Empire

The sun-dappled terrace of a sprawling Andalusian villa, where bougainvillea vines twist like lovers’ secrets around wrought-iron balustrades, frames the final, fairy-tale frame of Netflix’s Through My…

Flirty Strings and Electric Sparks: Ella Langley and Riley Green’s CMT Studio Session Steals Hearts

In the cozy confines of CMT’s Studio Sessions, where the air hums with the faint twang of acoustic guitars and the scent of fresh coffee lingers like…

A Holiday Harmony That Heals: Michael Bublé and Sofronio Vasquez’s “Maybe This Christmas” Lights Up the Season

As the first snowflakes of December dusted the streets of Vancouver and Manila alike, the holiday season got an unexpected gift that felt less like a release…

The Spark That Ignited Country: Riley Green and Ella Langley’s Unstoppable Chemistry and the Hype for What’s Next

In the heart of Nashville, where neon lights flicker like fireflies on a humid summer night and the hum of steel guitars never quite fades, something electric…

Hollywood’s Darkest Betrayal: The “Superman Curse” That Crushed Henry Cavill’s Empire in Just 60 Days – What They Don’t Want You to Know!

In the glittering yet ruthless world of Hollywood, few stories capture the brutal whims of the industry like that of Henry Cavill. The chiseled British actor, once…