Based on the video, Harry and Meghan seem to be learning the hard way that living the high life comes with a price tag. Recently, it was revealed that the Sussexes have been slapped with a hefty tax bill for their sprawling Montecito mansion – a figure that’s sure to make anyone’s eyes water. The grand total? A whopping $100,000.
The former royals are now grappling with a tax bill that seems almost as large as the mansion itself. In a move that’s left many scratching their heads, Harry and Meghan splurged on an 11 million mansion with seven bedrooms and a whole lot of headaches. While the couple may have envisioned themselves living in luxury among Montecito’s finest, it turns out that maintaining such a grand estate isn’t as glamorous as it seems. In fact, the property tax alone is enough to send anyone into a panic, and it’s been steadily rising. In 2022, the Sussexes were hit with a $110,000 bill, and in 2021 it was $108,000. Clearly, the taxman has no mercy, even for those who once called Buckingham Palace home.
Despite raking in millions from their various deals, including Netflix and Spotify, it seems the Sussex piggy bank may be running dry after all. There’s only so much they can cash in on their royal grudges. While their income may look impressive on paper, their lavish lifestyles are devouring their earnings at an alarming rate. Maintaining a $14 million mansion comes with more than just a hefty tax bill. There are endless costs lurking behind those grand doors. Let’s not forget about the maintenance of their massive garden and lawn – it’s probably costing them a small fortune just to keep the grass green. And with Montecito’s mudslide risks and inevitable insurance hikes, their idyllic home might be more of a burden than a blessing. Add to that the upkeep of the gas-guzzling vehicles, groceries, and, of course, the designer wardrobes for Meghan and the kids, and it’s no wonder that they’re feeling the pinch.
What’s even more amusing is that Harry and Meghan seem woefully unprepared for the real world. Remember when Harry tried his hand at home maintenance and proudly boasted about it during that infamous interview on The Cut? The poor guy complained about the plumbing, revealing just how clueless he truly is. The idea of Harry trying to fix leaky pipes is almost too laughable to believe, but at least he gave it a shot, even if it did turn the home into what’s now being dubbed “Montecito [ __ ] show.”
As the tax bills pile up, the Sussexes’ financial realities are becoming increasingly bleak. While their Montecito neighbors like Oprah, Ellen DeGeneres, and Katy Perry are rolling in millions or even billions, Harry and Meghan’s wealth pales in comparison. With Oprah sitting on a cool $3 billion, and Harry and Meghan struggling to keep up with just a fraction of that, it’s safe to say that they’re the paupers of the neighborhood.
The irony here is that the couple who seem to believe that they could buy their way into Montecito’s upper echelons are now stuck with a mansion that they may not be able to afford in the long run. However, rumor has it that the house had been sitting on the market for ages before they snapped it up, and for good reason. From plumbing woes to postponed maintenance, it’s starting to look like they bought themselves a money pit.
So what’s next for the couple as their bills mount and the funds dwindle? One can’t help but wonder if Harry’s 40th birthday will end up being a potluck at a local Moose Lodge rather than the lavish affair that they likely once dreamed of. And as for that mansion, well, they might just have to offload it sooner than they thought.
