Prince Harry and Meghan Markle ‘lack authenticity’ as the continue to sign ‘multi-million dollar deals’, according to a royal expert.

Royal commentator Daniela Elser has accused the Sussexes, who have signed deals with Spotify and Netflix to name just two companies, of trying to disguise their financial gains “as part of some great philanthropic mission”.

Her rant came after yesterday’s news that Harry and Meghan had agreed to become “impact partners” at Wall Street firm Ethic, an asset manager focusing on sustainable investments.

Writing for, Elser also claimed that the couple stepped back from the royal duties last year because the Queen wouldn’t let them be royals “while simultaneously pulling in dosh from the corporate world”.

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Prince Harry and Meghan Markle 'not authentic' with 'multi-million $ deals', says expert
It is estimated that their Netflix deal is worth $150 million

Elser’s main point of contention was not that the Sussexes court corporate cash, but rather that they act as if not motivated by it.

She wrote: “This performance of wrapping everything up in buzzwords and trying to pass it all off as part of some great philanthropic mission is just getting exhausting.

“TV shows, podcasts and getting a job with a Silicon Valley unicorn are not going to trigger a profound global reckoning or catalyse any sort of world-shaking changes.

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“We know they need money because they have told us, with Harry having bitterly told Oprah Winfrey earlier this year, ‘my family literally cut me off financially’.”

Prince Harry and Meghan Markle 'not authentic' with 'multi-million $ deals', says expert
The couple have agreed a new partnership with Wall Street firm Ethic

In September last year, Harry and Meghan penned their first mega-deal, a multi-year contract with Netflix rumoured to be worth as much as $150 million (£110 million).

Their statement at the time said they were going to “create content that informs but also gives hope”, and that Netflix’s “unprecedented reach will help us share impactful content that unlocks action”.

The couple then signed their Spotify deal in December, the same month Meghan invested in vegan latte brand Clevr.

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They said after the Spotify announcement that they hoped the content could “build community through shared experiences, narratives and values”.

Prince Harry and Meghan Markle 'not authentic' with 'multi-million $ deals', says expert
They recently visited New York together

Deals have continued into this year too. Before the latest announcement with Ethic, in March Harry signed as Chief Impact Officer for BetterUp, a mental health-oriented consultancy firm

In July, he was inducted onto the board of Penguin Random House, with whom he’ll be publishing his memoir next year.

Elser added: “The combined value of these arrangements has been estimated at somewhere north of $200 million [£146 million].”

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