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Yahoo
11-07-2025
- Yahoo
Harry & Meghan Just Seemingly Confirmed Reports They're ‘Running Out of Money' After the Duchess Revealed Her ‘Fear' of Going Broke
Is the cash running out for the Sussexes? New reports from royal sources say that Prince Harry and Meghan Markle are cutting back on staff because of their dire finances. Sources have told Page Six that the Duke and Duchess of Sussex have let go of several of their staff members. 'It's the same old story – they cycle through staff as quickly as normal people cycle through toilet paper. Milk lasts longer than their employees,' said one royal source. The couple's $100 million Netflix deal is also supposed to be up this year. ' More from StyleCaster King Charles Just Hinted He's Officially Disowned Harry After Seemingly Claiming He Only Has 1 Son William & Kate's Friends Reveal the 'Only Solution' for Their Feud With Harry & Meghan: 'It's Worked Before...''This isn't strategy — it's survival,' one source told celebrity gossiper Rob Shuter. 'They're running out of money, and now they're running out of people.' Another royal source said that layoffs were inevitable for the former royal family members. 'They don't have the money to keep the team they built,' the source said. 'They tried to recreate the royal court — but California doesn't do crowns on credit.' Page Six also reports that the team lost Kyle Boulia, their Los Angeles-based deputy press secretary, and Charlie Gipson, their European communications director. Other losses include Deesha Tank, Archewell's director of communications and Lianne Cashin, formerly head of operations at Archewell. Two anonymous staff members were also let go. Prince Harry's shared net worth with Meghan Markle is estimated to be around $60 million, according to Celebrity Net Worth. When he left the royal family, he and Meghan announced their plan to be 'financially independent' and no longer take money from streams like the Sovereign Grant. Much of his net worth before his big move to America came from his father, King Charles III, who at the time controlled the Duchy of Cornwall, a portfolio of property and financial investments that brought in £21.6 million (or $29.8 million) in 2019. From 2018 to 2018, Harry's annual allowance from Duchy, which he shared with Meghan, was £5 million or $6.9 million. This paid for Harry and Meghan's public duties as working members of the royal family, such as wardrobe and travel, as well as private costs. The other 5 percent of Harry's income came from the Sovereign Grant, which is tax-payer funded and paid from the government to the royal family to cover expenses for official duties, as well as the royal palace. According to the BBC, the grant is worth £82.4 million (or $114,004 million). Meghan Markle's net worth before she shared with her husband was estimated to be $5 million in 2017. Most of her net worth came from her acting career when she starred in Suits. In her podcast, Confessions of a Female Founder, Markle got candid about her 'fear' of not having enough money. 'So many women, especially, we're taught to not even talk about money,' the Duchess said. 'And there's lots of guilt mentality surrounding having a lot.' 'And at the same time, there's a scarcity mindset that it's easy to attach to, of like 'I'll never have enough,'' she continued. She also mentioned her As Ever brand, adding that it was hard running her own business, 'When you only have yourself to answer to I think it's twofold. It can be incredibly liberating or it can be incredibly lonely.' She continued, 'There's a misconception that you need to go to Harvard Business School and have a lot of money and get all the best people behind you [to be successful in business]… So you talk yourself out of it.' Best of StyleCaster The 26 Best Romantic Comedies to Watch if You Want to Know What Love Feels Like These 'Bachelor' Secrets & Rules Prove What Happens Behind the Scenes Is So Much Juicier BTS's 7 Members Were Discovered in the Most Unconventional Ways
Yahoo
08-07-2025
- Yahoo
Meghan Markle & Prince Harry Lay off More Staff To Save Money, Says ‘Source'
and are reportedly cutting down on their staff in a bid to save money. Sources exclusively told Page Six that the Duke and Duchess of Sussex have let go of their comms team to focus as they run out of money. However, this report comes a few weeks after insiders shared that the couple downsized their staff, parting ways with a few employees, including in-house reps. Weeks after Prince Harry and Meghan Markle reportedly let key staff members go, the couple are allegedly making more cuts. According to Page Six's exclusive report, the couple's focus on saving money amid the financial crisis has left them with a choice of laying off their comms team. The pair has also lost up to 25 staff members since they stepped down from their royal duties in 2020. Page Six also reported that a few of these layoffs haven't been made public yet. In June, sources revealed that four important staff members parted ways with the Duke and Duchess of Sussex. These include Kyle Boulia, the deputy U.S. press secretary, and Charlie Gipson, the longtime U.K. media liaison. Deesha Tank, Archewell's communications director, and Lianne Cashin, former operations head at Archewell, among others, also bid their farewell. A royal source revealed that Prince Harry and Markle's decision to let go of staff is an 'old story.' The insider continued, 'They cycle through staff as quickly as normal people cycle through toilet paper. Milk lasts longer than their employees.' The couple's professional successes with Netflix's 'Harry & Meghan' docuseries and 'With Love, Meghan' aren't enough to keep up with their increasing expenses. As per Page Six's report, they took out a $9.5 million mortgage and put up a $5 million deposit to purchase their $14.65 million home after their move to the U.S. They reportedly have to pay a property tax amounting to $288,000 alongside paying a portion of their 'faux foreign tours,' and footing their staff's bill. As of now, Meredith Maines reportedly serves as the pair's chief communications officer. A source previously shared that Prince Harry and his wife's move isn't a 'strategy' but a way of survival. The post Meghan Markle & Prince Harry Lay off More Staff To Save Money, Says 'Source' appeared first on Reality Tea.
Politico
07-07-2025
- Politico
Hamptons hopping with Eric Adams
THE EAST END ELECTION: The Hamptons-hopping Mayor Eric Adams is raising the temperature on former Gov. Andrew Cuomo as he tries to get the business community to coalesce behind him in the general election. The mayor spent his Saturday in ritzy Bridgehampton and Southampton where he knocked Cuomo and made his pitch to the assembled elites. His message for the well-to-do donors? Zohran Mamdani, the anti-American candidate, demeans you. I, the working-class lover-of-country, will comfort you. His message to Cuomo? Get. Out. 'This must be a city where you don't have mayors say, 'We don't need billionaires in our city' and, 'We're going to tax only white communities,'' Adams said to the crowd of expensively dressed onlookers in the summer heat of Bridgehampton. He was referring to Mamdani's stated beliefs that there shouldn't be billionaires and that the tax burden should shift 'to more expensive homes in richer and whiter neighborhoods.' 'I want the person that drives the limousine to love the city and the person in the back seat of the limousine to enjoy the city,' Adams told attendees. The mayor's bid to woo the billionaire class is picking up steam as the Cuomo campaign continues to dither over whether he'll actively run in the general election. Cuomo's name will appear on the ballot, but how much effort he puts into the race remains an open question. Meanwhile, Mamdani's foes are scrambling to find a viable candidate to beat him in November. This afternoon the Cuomo campaign backed long-shot independent candidate Jim Walden's call for an independent survey that would poll who has the best shot to beat Mamdani in the general election. If Walden, Adams and Cuomo simultaneously run, 'it all but ensures a socialist victory,' Cuomo's campaign said in a statement supporting Walden's survey idea. The campaign added, 'We do not see any path to victory for Mayor Adams.' Adams' remarks Saturday on Long Island's East End came after a breakfast-time speech at the well-known Hamptons spot 75 Main, where Cuomo happened to have dined the night before, PageSix reported. But a source close to Cuomo said his visit to the Suffolk County shores had nothing to do with politics. While speaking with the Hamptonites, Adams took a shot at the former governor. 'I don't have anything negative to say about Andrew,' he said. 'But you took it for granted. New Yorkers have five fingers. They love the middle one the most. You can't just think because of a name that you're going to be the mayor of New York City.' Rich Azzopardi, a spokesperson for the former governor, noted Cuomo received 24,000 more votes than Adams in 2021. The mayor's weekend appearances were topped off by a spot on CNBC's 'Squawk Box' this morning, when he described a phone call he had with Cuomo in which the former governor displayed 'the highest level of arrogance.' 'Has [Cuomo] asked you to step aside?' one of the program's hosts asked Adams. 'Yes,' Adams replied. 'I said, 'Andrew, are you that level of arrogance?' I'm the sitting mayor and you expect for me to step aside when you just lost to Zohran by 12 points?… You lost. They heard your message and you lost.' — Jason Beeferman From the Capitol PATERSON'S PLEA: Former Gov. David Paterson got into the act of trying to narrow the general election field too today. He held a press conference in midtown with billionaire Republican donor John Catsimitidis, who appeared alongside Adams this weekend in the Hamptons, and conservative radio host Sid Rosenberg. The trio were there to echo the urgency felt by the city's business class that a single challenger must emerge to take on Mamdani in the general election. 'We can do this, but it's going to take a united effort, and it's going to take some sacrifice that someone is going to have to make,' Paterson said. The former governor, who backed Cuomo in the primary, declined to name who he thinks should drop out of the election, or how they might be persuaded. 'As public polls and surveys are revealed over these coming weeks, it is my hope and belief that the other candidates still in the race will come to the logical conclusion that New York City needs the most effective leader to navigate what comes next and that cannibalizing each other's support will be doing a disservice to the millions of people who call New York 'home',' Paterson wrote in a statement. — Amira McKee FROM THE CAMPAIGN TRAIL HOMAN VS. MAMDANI: The anti-Mamdani drumbeat continued to emanate from Republican quarters as well. President Donald Trump's border czar Tom Homan pledged earlier today at the White House to keep the pressure on New York City and intensify deportation efforts, waving away Mamdani's resistance to Trump's agenda. 'Good luck on that because we're going to be in New York City, and President Trump said it two weeks ago, we're going to double down and triple down on sanctuary cities,' Homan said, responding to a reporter's question about the Democratic nominee for mayor. 'We'll flood the zone in 'sanctuary' cities,' Homan continued, adding that if migrants can't be arrested at jails because New York City and other 'sanctuaries' limit cooperation between federal immigration agents and local law enforcement officers, then they'll be stopped 'in the community' and 'at a worksite.' Mamdani, a state assemblymember, confronted Homan in March when the border czar visited Albany. 'Do you believe in the First Amendment?' Mamdani shouted at the time. Trump has said that Mamdani would be arrested if he blocks Immigration and Customs Enforcement, or ICE, officers from detaining New York migrants. 'The President of the United States just threatened to have me arrested, stripped of my citizenship, put in a detention camp and deported,' the Queens Democrat said last week in a statement. 'Not because I have broken any law but because I will refuse to let ICE terrorize our city.' Mamdani has more recently said the Trump administration's threats are a distraction from the president's unpopular 'one big, beautiful bill.' — Emily Ngo FROM THE DELEGATION FIRST IN PLAYBOOK: Upstate Rep. Josh Riley has about $1 million cash on hand for his reelection bid, even if it's not yet clear who his GOP challenger or challengers may be. The freshman Democrat raised $725,000 in the past three months and nearly $1.6 million for the cycle, his campaign told Playbook ahead of next week's second-quarter filing deadline. Riley, a top GOP target in the midterms, has lambasted Trump's domestic policy megabill as the 'one big, beautiful scam.' Others in his party are sure to run against the cuts to Medicaid and food aid too, while Republicans defend the bill as providing tax relief. 'Out of touch Democrats Tom Suozzi, Laura Gillen, Pat Ryan and Josh Riley's vote is a betrayal of New Yorkers,' National Republican Congressional Committee spokesperson Maureen O'Toole told Playbook on Sunday. 'Instead of standing up for New Yorkers, they voted to raise taxes, kill jobs and gut national security.' In his House floor speech opposing the megabill, Riley accused the GOP of 'shitting on the middle class.' He used similarly fiery language in a fundraising text to supporters today that listed how the legislation hurts upstate families. 'Republicans might be okay with letting working families, farmers, and kids get less so that billionaires and big corporations can have even more,' Riley wrote, 'but I sure as hell am not.' IN OTHER NEWS — HOW BIG, BEAUTIFUL, BILL AFFECTS NYC: The sprawling federal law is expected to force Adams to decide whether to cut or backfill a host of city programs. (THE CITY) — GAME OF CHICKEN: Adams wants Cuomo out. Cuomo wants Adams out. But neither is budging. (POLITICO) — DECONGESTANT PRICING: Air quality has improved or remained steady across the five boroughs since congestion pricing launched in January, according to new Department of Health data. (Streetsblog) Missed this morning's New York Playbook? We forgive you. Read it here.
