‘90% of the money never helped anyone’: Meghan and Harry’s accounts scrutinized, shock revelations

The key word of Meghan Markle and Prince Harry since they met? To do and spread good by helping the less fortunate and by donating their person and their money to the causes that are close to their hearts. This is why they have together set up their own foundation, called Archewell in tribute to their son Archie, soon to be 4 years old. Except that contrary to what we think, if the intense communication of the Sussexes makes it possible to reap significant profits, the greater part is kept warm on the accounts of Meghan Markle and the prince harry.

The show Correspondent decrypted Foundation accounts and made some startling discoveries. As France 2 journalists discovered, “couple claim to have raised $13 million for good works in latest financial report“The 22 checks for the charities that Meghan and Harry are defending are well listed and have been sent. The problem? They represent only $2.9 million in addition to the million intended for “operating costs” : “9 million sleep on the accounts of the foundation and are currently useless.” An observation also established from the time when they were still living in London.

Still according to the survey ofCorrespondent, Meghan Markle and Harry had created the Queen’s Commonwealth Trust. The principle was the same: collect donations to redistribute them to the associations they defend. “For the year 2020, they had collected 782,000 pounds of donations. Of this sum, £705,000 was spent on operating costs. Clearly, 90% of the money has never helped anyone..” An observation that risks undermining their already badly tarnished reputation…

Tax optimization above all

Far from the British monarchy, Meghan and Harry must earn their money without counting on that of the Windsors. In total, it would be around 135 million dollars that the couple would reap thanks to all the contracts they signed. To protect this money, “the Sussexes have set up a financial package” and have “created more than a dozen companies through which their money passes.“Companies created in the US state of Delaware renowned for its”very low tax rate.” A practice certainly not very honest for a couple who wants to be philanthropists but perfectly legal according to Eric Vernier, specialist in international finance and tax havens.

“These are arrangements that we find in multinationals that have several activities, that we sometimes find in image management, I am thinking for example of footballers. We are on sophisticated assemblies by playing on royalties of the one which will be poured on another (…) to lead to a tax optimization. It’s perfectly legal. The idea, once again, is this confusion and this image a little dented by this editing. Those who emphasize that they pay all their taxes that they respect the law before we realize that in their investments, there are some who are completely legal but not very ethical.”