Heritage

Why Prince Harry Reportedly Won't Get a Prenup Before Marrying Meghan Markle

Royal experts weigh in.
IMAGE GETTY IMAGES
Comments

When members of the royal family tie the knot, there’s a lot at stake—including a whole lot of money. Which is why it might be surprising to some onlookers that, according to the Daily Mail, Prince Harry has declined to seek a prenuptial agreement before he marries Meghan Markle this May. But we spoke to two royal experts who said nobody should be shocked at this news. When it comes to the royals, prenups are simply not done.

“This is not a celebrity marriage, it’s a royal marriage.”

“I don’t think members of the royal family sign prenuptial agreements,” says Katie Nicholl, author of Harry: Life, Loss, and Love. “It’s commonplace with celebrity marriage, but this is not a celebrity marriage, it’s a royal marriage.” Nicholl says that Prince William and Kate Middleton also did not sign a prenuptial agreement, despite the very public divorce between William and Harry’s parents, Prince Charles and Princess Diana. And even though three of the Queen’s four children have divorced, none apparently had a prenuptial agreement.

ADVERTISEMENT - CONTINUE READING BELOW

Yes, there is a large sum of money in the balance for this marriage, but the true, staggering wealth belongs to the Queen, so it wouldn’t be divided up if Meghan and Harry did end up divorcing. “You wouldn’t need a prenuptial agreement to stop Windsor Castle from being cut in half in the event they divorce, because it’s not Harry’s,” says Duncan Larcombe, author of Prince Harry: The Inside Story.

Larcombe notes that Harry does have substantial wealth on his own, thanks to his inheritance from Princess Diana, but the Queen holds the vast majority of the royal property and fortune. The Queen's net worth has been estimated at around $500 million, while Prince Harry's is estimated anywhere from $25 to $40 million. Meghan also has her own money as a successful actress on Suits, reportedly making around $50,000 per episode of the long-running series.

If Meghan and Harry do ever divorce, Larcombe adds, the vast majority of negotiations would happen outside of court. For example, Diana received a new title, a financial settlement, and was entitled to royal security protection, although she turned that down. Plus, the Daily Mail notes that even though prenups are taken into account in U.K. divorces, they’re not legally enforceable.

ADVERTISEMENT - CONTINUE READING BELOW

And though royal divorces may have had a violent start, thanks to Henry VIII’s habit for decapitation, royal splits try to make as few waves as possible in modern times. “In the modern history of the royal family, the divorce is described as amicable for PR reasons,” Larcombe says, “and the person who is departing the royal family, they’re just looked after, and those arrangements are not done through court, they’re done behind closed doors.”

This story originally appeared on Townandcountrymag.com.
* Minor edits have been made by the Townandcountry.ph editors.

Comments
View More Articles About:
Recommended Videos
About The Author
Megan Friedman
View Other Articles From Megan Friedman
Comments
Latest Stories
 
Share
For starters, good quality and design are aspects they will appreciate.
 
Share
The first-ever Filipino Netflix movie imparts nuggets of wisdom to the social media-crazed generation.
 
Share
 
Share
Because the holiday season isn't complete without a movie marathon.
 
Share
Looking to grow your own vintage watch collection? Start with these classic picks.
 
Share
 
Share
Her portrayal of a masked mercenary in this month’s Rise of Skywalker is one of Hollywood’s best-kept secrets. Keri Russell prepares for the big reveal at a brownstone in Brooklyn, a galaxy far, far away.
 
Share
Take a ride on a train through Asia or take a trip to a champagne chalet, the options are endless.
 
Share
Alcohol-free traveling is an emerging trend, but there’s much more to this phenomenon than meets the eye.
 
Share
It comes complete with jewels, corgis, banquets, and etiquette lessons.
Load More Articles
CONNECT WITH US