Prince Harry and his wife Meghan Markle made their exit from the royal family official last week and are now facing "a very different world" in Hollywood, as they make plans for their future away from all the protocol and royal duties. But will they be able to afford their private security and maintain their current lifestyle in times of the coronavirus crisis?
Can Harry and Meghan Cover Their Security Costs During COVID-19?
Omid Scobie, royal expert and frequent contributor to Harpers Bazaar and Vanity Fair on all things royal has now claimed on his podcast (the Heirpod) that the estimated £4 million (roughly $5 million) security costs might simply be a little too much for the former senior royals, who are without a regular income and therefore not immune to financial difficulties.
Scobie said that current COVID-19 pandemic will prevent them from going after commercial opportunities: "They have spent the last few years not earning a living. As a royal, your expenses are covered but you don't earn a salary. It will be very tough for them especially in the few months ahead."
"No-one knows when there is an end date to this. This could follow us for some time," the royal commentator continued. "For Harry and Meghan, on top of the difficulties they have had with the press, there has been this underlying issue of who pays for security moving forward."
"It is something the couple were very conscious of - that from March 31st it would have to be done by themselves. They didn't want to leave themselves open to further attacks."
CTV's Laney Lui, who was also on Scobie's podcast, added: "Security is not cheap. For them, you are dealing with multiple personnel and round-the-clock at that. You have to also account for that and travel and other expenses."
"This all goes back to the curiosity about their future plans and what they will be," she continued. "They are going to have to have a pretty significant income to cover that and their lifestyle."
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