In a surprising turn of events, King Charles has decided to withdraw £10 million from the trust funds established for his grandchildren, Archie and Lilibet.
This move comes amid ongoing tensions between the Sussexes and the royal family, following Prince Harry and Meghan Markle‘s departure from their royal duties in 2020.
The decision has sparked outrage, particularly from Meghan, who reportedly reacted with fury upon learning of the King’s plans.
The rift between the Sussexes and the royals has been well-documented, especially after Harry and Meghan relocated to California.
Since then, they’ve shared candid interviews and conversations that often include sharp criticisms of the monarchy.
Sources indicate that King Charles is particularly disappointed with Harry’s comments about the royal family made during his time in the United States, leading him to take decisive action regarding the children’s funds.
According to reports, King Charles has instructed royal financial experts to scrutinize the trust funds set up for Archie and Lilibet, which were initially established by Prince William and Queen Elizabeth II.
Each child was allocated about £2-3 million, sourced from the Queen’s personal wealth and Prince William’s contributions.
These funds are intended to be managed until the children turn 18, at which point they can access the money.
However, the King appears to have different plans.
Royal aides have suggested that Charles believes Harry’s children should not benefit from these substantial financial gifts, especially given Harry’s apparent disregard for royal traditions and values.
The King’s disappointment is palpable, particularly in light of Harry’s use of his royal connections to secure lucrative deals with companies like Netflix and Spotify.
In light of these sentiments, Charles is contemplating redirecting the £10 million back to royal charities or other family members instead of allowing Archie and Lilibet unrestricted access to the funds.
This potential decision has reportedly sent Meghan into a rage, as she feels it undermines the financial support that was promised to her children.
Sources close to Meghan suggest that she views this as yet another instance of the royal family’s attempts to undermine her family.
She has expressed to friends that this situation illustrates the coldness of the royal family, arguing that punishing children for their parents’ decisions is both unfair and cruel.
Furthermore, Meghan has voiced concerns that the royal family perceives Archie and Lilibet as outsiders, particularly regarding their mixed-race heritage.
This perception, she believes, plays a role in the family’s decisions about financial support and inheritance.
Despite the ongoing drama between the two parties, Meghan insists that the fundamental principle of any inheritance should be to provide stability and support for the children.
In contrast, royal insiders have defended King Charles’s right to manage the trust funds as he sees fit.
They argue that since Harry and Meghan no longer hold royal titles, the financial arrangements for their children should reflect their current status.
This perspective underscores a significant shift in how the royal family views its responsibilities toward Harry’s children.
Interestingly, discussions among royal officials are also considering future funding arrangements for all minor royals.
There is a growing emphasis on ensuring fairness and oversight in how these funds are managed, especially in light of recent controversies.
The aim is to prevent any potential misuse of royal resources and maintain the integrity of the monarchy.
As the situation unfolds, it is clear that King Charles’s actions are part of a larger strategy to redefine the royal family’s financial practices and relationships.
The assessment of Harry and Meghan’s standing within the royal framework continues to evolve, and the implications of these changes will likely resonate for years to come.
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