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Sometimes princes pay rent.
Prince Harry and Meghan Markle reportedly paid $3.3 million to cover the cost of rent and renovations for their Frogmore Cottage home.
“The payment covers all their current obligations,” Sir Michael Stevens, Keeper of the Privy Purse, confirmed on Wednesday, according to People. “We are confident that it represents a good outcome.”
Stevens added, “The Duke and Duchess of Sussex have made a substantial contribution to the Sovereign Grant that covered the refurbishment costs of Frogmore Cottage.”
Markle, 39, and Harry, 36, reportedly paid five months of rent for the home after resigning from the royal family in March 2020. They then shelled out a total of $3.3 million to cover the costs, licensing the home as their own until March 31, 2022.
Stevens also expressed how the couple’s contribution has helped at a time when money has been tight for royals amid the pandemic.
“It should also be remembered also that this payment has come in the current year at a time where our supplementary income has reduced dramatically,” he said, referencing a reported 53 percent drop in tourism-related revenue for Buckingham Palace. “[Harry and Meghan’s payment] has helped to offset the reduction that we would have seen.”
Frogmore Cottage, located on the grounds of the crown’s public estate in Windsor, was where Harry and Markle lived with their son Archie until they quit the monarchy.
But it’s stayed in the family: Princess Eugenie, her husband Jack Brooksbank and their new son August have been residing in the residence since November.
The former “Suits” actress and Harry now reside in their $14 million Montecito, Calif. manse with 2-year-old Archie and their newborn daughter Lilibet.
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