Another Failed Sussex Venture: Reports of Archewell's 'Going Into the Red' Is 'Getting Under' Meghan Markle and Princes Harry's 'Skin'

prince harry
Source: MEGA

Prince Harry and Meghan Markle are upset about Archewell reports.

Dec. 16 2023, Updated 7:20 p.m. ET

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Meghan Markle and Prince Harry are upset about news reports claiming their foundation, Archewell, is "going into the red."

"Someone from Archewell told TMZ that Harry and Meghan and Archewell have big-time money stashed away, and this recent report suggesting that they were in the red or strapped for cash was misleading because it doesn't take into account that they are not a corporation," royal expert Kinsey Schofield told an outlet.

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prince harry
Source: MEGA

The Duke and Duchess of Sussex are trying to highlight that Archewell is a charity and not a coporation.

"So obviously this particular headline is really getting under the Duke and Duchess's skin here in the States. And do we know anything about these donors? So $ 1 million each, I believe, in the last year. Who are they? What's going on?" We don't know, but I bet they look a lot like Tyler Perry and Oprah Winfrey. But we have no clue who it is. You know, I think another wild aspect of the story is that Harry and Meghan only work one day a week. Can you imagine, what a nice life?" she added.

Schofield continued: "We don't know where their money goes when Harry and Meghan typically work with Archewell, and I'll give Invictus the credit it deserves, Invictus is great. However, that was an organization started under the royal family's tree with teamwork from the Palace itself. That was not just a Harry solo initiative, but when it comes to Archewell, they tend to just attach themselves to other charities that are you know going and and and kicking butt, and just say 'hey we're Harry and Meghan, can you stamp us on to something that already exists?"

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prince harry
Source: MEGA

Prince Harry and Meghan Markle at the 2023 Invictus Games.

This comes after Schofield's earlier remarks on the program, Breakfast with Eamonn & Isabel.

They think that this story is garbage. They say that they are not in the red because they're not a corporation. And this is just the U.K. media making a big deal out of nothing, but interesting to me that a source close to Archewell can talk to TMZ about Archewell in the red, I'm sorry to do this, sorry to bring it up again, but no word on Endgame."

"Isn't it the first time we've heard from them at all, they haven't done anything to say we had nothing to do with Endgame, but they did come out and defend their charity," host Isabel Webster responded.

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prince harry
Source: MEGA

Prince Harry and Meghan Markle with Prince Archie in 2019.

Shortly after its release on November 28, the Dutch version of Omid Scobie's book contained a "translation error" that named King Charles III and Kate, Princess of Wales, as two senior royals who allegedly questioned Prince Archie's skin color. Meghan famously told Oprah Winfrey in 2021 that only one senior royal asked her about her baby's potential complexion.

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prince harry
Source: MEGA

Prince Harry and Meghan Markle have had numerous issues throughout 2023.

Source: TRO

GBN interviewed Schofield.

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