LONDON, Jan 10 — Prince Harry and his wife Meghan will attempt to go their own way in a bid for financial independence, with one foot in and one out of the British royal family. But recent royals who have left the fold or tried to forge an independent life outside the monarchy have achieved mixed...
Britain's Prince Harry and Meghan, Duchess of Sussex attend the European premiere of 'The Lion King' in London July 14, 2019. — Reuters pic
The risk of allegations of potential conflicting interests, cashing in, failure or financial ruin seem tricky pitfalls to avoid.David McClure, who examined the family’s wealth in his book“The history of senior royals making money — the two is a toxic mix. It hasn’t worked well in the past. It is fraught with dangers.”Diana, princess of Wales
Following their 1996 divorce, she was stripped of the title “her royal highness” and resigned from 93 charities, keeping on just six. But she was hit in a tabloid newspaper sting in 2001, making comments about the royals and senior politicians in a pitch for business. It was seen as cashing in on her royal status.Since then, Sophie has grown to become one of the most trusted and reliable royals, often seen accompanying Queen Elizabeth.After divorcing the Queen’s second son Prince Andrew in 1996, Sarah found herself out in the cold, despite remaining very close to her ex-husband.
Andrew suspended all public duties in November over his friendship with convicted US child sex offender Jeffrey Epstein — who had reportedly helped bail out Sarah in the past.Andrew and Sarah’s daughters are the highest-ranking members of the royal family who do not carry out royal duties, reportedly much to Andrew’s annoyance.
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