The fairy tale lives of Prince Harry and Meghan Markle have hit a major financial roadblock. The royal couple, who famously stepped back from their duties in the British royal family in 2020, have revealed that they are now facing a staggering $6 million in debt.
For years, Harry and Meghan have been living a life of luxury, splurging on lavish vacations, expensive cars, and a palatial estate in California. However, their overspending has finally caught up with them as their primary source of income, their YouTube channel, has seen a significant decline in revenue in recent years.
The Rise and Fall of Archwell Audio
The couple, who have 2.5 million subscribers on their Archwell Audio YouTube channel, long relied on their online presence to fund their extravagant lifestyle. At its peak, their channel was a massive success, with millions of views and lucrative sponsorships. They envisioned raking in millions of dollars through sponsorships and brand deals, but the reality is that their content just hasn’t been resonating with viewers the way they hoped
“Harry and Meghan really thought their YouTube channel would be a gold mine for them,” said royal commentator Emily Andrews. “They envisioned raking in millions of dollars through sponsorships and brand deals, but the reality is their content just hasn’t been resonating with viewers the way they hoped.”
As viewership and engagement have dropped, the couple has been unable to keep up with their lavish spending habits. Their income from YouTube, which once seemed like a limitless fountain of wealth, has dwindled, forcing them to seek alternative sources of income.
