The Sussexes have “to prove their authenticity as a power couple” and raise more money for their Archewell charity in the US after accounts revealed only £37,000 brought in, said a royal expert
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Prince Harry and Meghan Markle must “prove their authenticity as a power couple” and firmly establish the Archewell charity after accounts revealed that it only raised £37,000, said a royal expert.
The Sussexes’ US charity Archewell stated it made less than $50,000 in 2020 while at the same time more than $55,000 was spent on legal fees to dissolve their UK charity Sussex Royal in the 12 months up to June, 2021.
Royal expert Duncan Larcombe told OK! that it will be important that the Sussexes bounce back and ensure that the Archewell charity is well respected.
“If they really want to prove their authenticity as a power couple doing good then the focus needs to be more [on] raising money for charity rather than the Sussex family coffers,” he said.
Mr Larcombe continued: “These figures demonstrate that there is a hell of a lot of work to do to turn this tiny foundation they’ve set up into a proper well-supported and established charity.
“What we’ll see this year is Harry and Meghan really throwing their heart and soul into achieving what they want to achieve with Archewell because now that the figures for 2020 are in the public domain, a very close eye will be kept on how successful they are this year in promoting and raising the coffers of Archewell.”
He pointed out that over the same period of time, Harry and Meghan have been making “tens of millions of pounds” privately.
“This puts pressure on them,” he said.
“It’s the kind of publicity that they certainly would not want and the other thing is, if you were to publish similar figures for Harry and Meghan’s private income for the same period, we were lead to believe it is in the tens of millions of pounds.”
Companies House, in the UK, shows accounts for Sussex Royal which had its name changed to MWX in 2020, and is currently being dissolved. The filing reveals that there was $380,000 in its accounts in 2020 and that $55,600 was spent on lawyers.
Then the new charity Archewell was launched in April, 2020, and a bank account wasn’t set up until January, 2021, according to the filings.
In the US, charities that present accounts with less than $50,000 paid in, only need to file basic details which was the case for the Sussexes.
The couple left the UK in 2020 and have been critical of the Royal Family in interviews with the American media since setting up home in California.
But there are now reports that the Sussexes are looking to leave their luxury home but they won’t be moving too far.
“They are thinking of selling their house there. However, it won’t be on the market because of who they are,” a source told the Mirror. “It’s only being shown to people who are confirmed with funds and are serious buyers.”
The source added: “They want to stay in the neighbourhood or nearby but they aren’t over the moon about the house and the location.”