Prince Harry and Meghan Markle: The Update

Prince Harry and Meghan Markle will no longer use their “royal highnesses” titles as they step down from working as members of the royal family.

They will still be known as the Duke and Duchess of Sussex.

In a statement from Buckingham Palace, Harry and Meghan will also have to repay UK taxpayers for the 2.4 million pounds that was used to refurbish their home.

They will keep Frogmore House, but will have to pay rent.

They will no longer formally represent the Queen or receive money from the Sovereign Grant – which is the annual funding given to the Queen by the government to cover the costs of the royal family’s official expenses.

While the exact net worth of the couple is unknown to the public – Meghan’s is estimated to be around $5 million while Harry is estimated to be at $21 million thanks to inheritance.

Harry will also lose his honorary military appointments. As far as their security detail, Buckingham Palace chose to not comment.

“Buckingham Palace does not comment on the details of security arrangements. There are well established independent processes to determine the need for publicly-funded security."

The new arrangement will come into effect in spring of this year.

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