The Duke and Duchess of Sussex’s fortune could be at risk from the collapse of Silicon Valley Bank. This week, the financial world suffered a setback after scores of customers rushed to withdraw deposits and investments. This was the biggest banking collapse since the 2008 global financial crisis.
After Harry and Meghan resigned as senior members of the Royal Family in 2020, they received no funds through the Sovereign Grant. Since then they have had to seek new sources of income such as contracts to create content on platforms such as Netflix, Spotify or book publishing.
Harry and Meghan affected by Silicon Valley Bank?
The crisis of this bank could affect Prince Harry and Meghan Markle. Rumors point out that the couple resident of California, the same city as the bank, would have part of their income in that banking institution.
After having established and made business connections on the US West Coast, some speculated that the couple could also be exposed to the collapse of Silicon Valley Bank.
As published by Newsweek, the rumors about the Sussexes’ bankruptcy are only speculation. However, on Twitter some users have commented on the matter.
“The only positive news coming out of the Silicon Valley Bank collapse is that Prince Harry had his worldwide privacy tour and book advance in the bank – for now he’s completely broke,” wrote user @amuse.
Other users have also posted information, but so far nothing has been confirmed.
There are rumours that Harry & Meghan have millions of dollars tied up in the bankrupt Silicon Valley Bank. Hopefully it’s true and they will end up owning nothing and being devastated. pic.twitter.com/A7c4DbHoi2
— Mark Alan Pearce (@PearceAlan1962) March 11, 2023
Harry and Meghan will reportedly lose millions in the collapse of Silicon Valley Bank.
Oprah stands to lose $590 million.
Hollywood elites, climate change companies, and billionaires will be ruined by the woke bank’s demise.
No wonder Democrat politicians want to bail out SVB.
— Paul A. Szypula 🇺🇸 (@Bubblebathgirl) March 11, 2023
