“90% of money has never helped anyone.” The “special envoy” investigated the accounts of Meghan and Harry’s former foundation.

Spotify, Netflix, Disney… “Their joint contracts are at least $135 million,” recalls the “Special Envoy”, whose latest program is dedicated to Prince Harry and Meghan Markle this Thursday, April 13. In particular, we learn that the couple made a “quite smart” financial arrangement in order to “not lose a crumb” of their wealth. Thus, the Sussexes would create more than a dozen companies through which their money passes. The latter were born in the American state of Delaware, “known in the world for its very low tax rates,” says journalist Julien Duponchel.

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“Taxes optimization”.

The latter called Eric Vernier, a specialist in international finance and tax havens, to decipher the couple’s finances. “These are arrangements that are found in multinational companies (…” analyzed the expert. Complex arrangements that play on the royalties of one company, which will be paid to another, on the difficulties of one, which will not have any consequences on the other, to achieve tax optimization. The expert, however, elaborated that all this is “completely legal”.

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9 million dollars asleep

The “Special Envoy” was also interested in the Archewell Foundation. The Sussex-based organization says on its website that it aims to “do good”. Adding to the somewhat vague aspect of this concept, Julien Dupontchel noted the lack of a page to allow donations. The reporter then went to the Archewell Foundation to find only empty offices, the offices of Prince Harry and Meghan Markle’s law firm.

The reporter also looked at Sussex’s latest financial statement. The couple announces that they have collected 13 million dollars (11 million euros) for their good deeds. If we subtract the approximately 2.9 million dollars (2.6 million euros) sent to the associations, and the million dollars (904,000 euros) allocated to their operating costs, “9 million dollars are sleeping in the accounts of the foundation”, emphasizes the “Special Envoy”. . “How to do good without spending what we have given,” the journalist excels, pointing out “the inconsistency of figures and their charitable discourse.”

“90% of the money never helped anyone”

The Correspondent has also seen the financial statement of Sussex’s former foundation, the Queen’s Commonwealth Trust. In 2020, Prince Harry and Meghan Markle raised £782,500 (€885,000) in donations. Of this amount, £705,000 (€798,000) was spent on operating costs. “90% of the money never helped anyone,” concluded Julien Duponchel. A finding that further damages the already contradictory image of this couple.

Not to mention the comments of royal correspondent Valentine Lowe, who returned to report on the dispute between Meghan Markle and her former London staff. “He made them cry, they were exhausted and afraid of provoking his anger,” she explained. Some of them even called themselves the “Sussex Survivors Club”. Words that may well confirm the decline in popularity of Prince Harry and Meghan Markle, which is already the lowest in the British polls.

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