Meghan Markle and Prince Harry borrowed $7 million from Tyler Perry to help pay for their Montecito mansion, but they have since been kicked out of the property by the new owner. The new owner, a mysterious trust with a deliberately opaque name, reportedly canceled the Sussexes' rent contract after they failed to make a payment.
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The Sussexes have been living in the Montecito mansion since 2020, when they purchased it for $14.6 million. However, the property was actually owned by a trust controlled by Russian businessman Sergey Grecian. In 2022, Grecian sold the trust to the mysterious new owner, who has not been publicly identified.
The Sussexes' rent contract with the new owner was reportedly due to expire in June 2023. However, the new owner reportedly canceled the contract early after the Sussexes failed to make a payment. The Sussexes have not commented on the situation.
The Sussexes' eviction from their Montecito mansion is the latest in a series of financial setbacks for the couple. In recent months, they have also been forced to cancel their Netflix deal and their Spotify podcast. The couple is reportedly facing a significant financial shortfall, and they have been forced to borrow money from friends and family.
The Sussexes' financial troubles have led to speculation about their future plans. Some have speculated that the couple may be forced to return to the UK, while others have suggested that they may move to a new country. However, the Sussexes have not yet made any public announcements about their plans.