Celebrity

Prince Harry & Meghan Markle Just Spent *So* Much Money On Their New Home–People Are SO Mad!

August 18, 2020 by Justine Schwartz
shefinds | Celebrity

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Prince Harry & Meghan Markle are the proud owners of a new home in Montecito–for the mere price tag of $14.7M. At least British tax payers aren’t paying for this one!

The Duke and Duchess of Sussex just shelled out the shocking sum for their new property in Santa Barbara, California, which comes complete with an 18,000 square foot floor plan, stunning mountain views, 9 bedrooms, 16 baths, a pool and a tennis court!

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The couple join fellow celebs Oprah Winfrey, Ellen DeGeneres and Tom Cruise in retreating to this stunning coastal town, just 90 miles away from LA.

The couple reportedly didn't receive any financial support for the royal family for the purchase--and in fact, The Daily Mail reports that they obtained a $9M mortgage to complete the sale. Stars--they're just like us!

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The mansion, known as "The Chateau," was built by Russian tycoon Sergey Grishin and featured a stripper pole and arcade! We doubt that the pair--who are parents to 1-year-old Archie--left the stripper pole in tact.

A spokesperson for the family confirmed to Vogue that the couple had moved into a new home in July. “The Duke and Duchess of Sussex moved into their family home in July of this year. They have settled into the quiet privacy of their community since their arrival and hope that this will be respected for their neighbors, as well as them for a family," they told the mag.

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Giving us a first glimpse of the interiors, Meghan appeared in a video conference for The 19th* Represents virtual summit and Harry with Invictus Games competitors last week. From Meghan's video conference, we were able to see a mahogany high back chair, large framed window with a stunning tree-lined backyard visible. Thanks for the first sneak peek, Meghan!

But not everyone was so thrilled about the acquisition. "Does this mean they've paid us back for Frogmore Cottage?" asked one Twitter user in response to the news, referencing the couple's former home on the Queen's Windsor estate. "For someone that isn't working that's quite an impressive buy..." wrote another. Indeed!

Author:

Editorial Director

Justine Schwartz is a veteran women's lifestyle editor; she's written extensively about style & beauty tips, health advice and wedding planning for more than a decade. Her work has appeared in New York Magazine, Huffington Post and New York Weddings. Justine has been with SheFinds since 2010; you can reach her via email at [email protected].

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