Connect with us

Tyler Perry Seeks $7 Million Reimbursement from Sussexes over Alleged Misuse of Funds for Montecito Mansion

Photos: GETTY

All round

Tyler Perry Seeks $7 Million Reimbursement from Sussexes over Alleged Misuse of Funds for Montecito Mansion

Tyler Perry, the renowned filmmaker and entrepreneur, is reportedly demanding a refund of $7 million from Prince Harry and Meghan Markle, also known as the Sussexes.

This demand comes after the couple allegedly refused to repay the borrowed amount, which was initially used to purchase their luxurious Montecito mansion.

Perry, who is currently engrossed in a massive project, requires all available resources to expedite the process.

According to an announcement on Perry’s website, his ambitious plans for the property include the development of dense housing, a grocery store, restaurants, shopping outlets, and various live entertainment options, including multiple theaters, one of which would be a colossal 3,500-seat venue.

The revelation of this financial dispute stems from Harry’s memoirs, where he openly admitted to borrowing money from Tyler Perry after staying at the billionaire’s mansion.

In the memoirs, Harry described the property as a dream and revealed that he and Meghan asked Perry for his opinion, to which he responded, “Buy it.”

Consequently, they pooled together a down payment, secured a mortgage, and moved into the house in July 2020.

However, it appears that Harry had a sense of entitlement when it came to financial matters.

He expected others, like Tyler Perry, to foot the bill for his vacations, flights, and dinners.

It seems he even hoped that Perry would purchase the mansion on their behalf.

Harry justified this by claiming that their safety was compromised at Perry’s residence and that the security measures implemented were inadequate.

Consequently, he suggested that Perry should relocate them to the Montecito mansion instead.

Harry seemed oblivious to the fact that he had spent his entire life in a privileged bubble and now struggled to comprehend why he should have to pay for things himself.

Furthermore, it is worth noting that Harry has consistently relied on the Spencer Trust Fund for financial support, having received an annual income of at least $1-2 million over the years, leaving the principal untouched.

The excess funds from this income could have been reinvested into the trust, thereby increasing both the principal and the annual income.

Allegedly, Harry rarely carried money with him and expected others to cover his expenses.

At the time of purchasing the mansion, Harry received a substantial sum of $12.5 million from Diana’s estate when he turned 30, as well as an additional $2 million from the Duchy of Cornwall.

Rumors suggest that Penguin Random House paid him a staggering $20 million as an advance for his memoir.

Additionally, reports from ET Canada indicate that Prince Harry’s book deal encompasses four editions, amounting to a total value of $35 million.

Meghan, on the other hand, was supposedly earning around $5 million for her career, with two published books and a forthcoming cookbook, along with a lucrative Spotify deal worth approximately $25 million.

It is worth mentioning that Harry did not pay the reported $7 million for the interview.

However, it seems he still expects Tyler Perry to contribute half of the mansion’s purchase price.

According to sources, despite the passing years, neither Harry nor Meghan have reimbursed Tyler for the borrowed amount.

This contradicts their previous narrative, where they claimed to have been house hunting for the perfect property, which coincidentally happened to be the one they eventually purchased.

Oddly enough, there was no mention of Tyler Perry’s involvement in their decision-making process.

Moreover, there have been allegations that Tyler Perry evicted the Sussexes from his own residence after one of his housekeepers was pushed into a pool.

These accusations raise questions about the credibility of Harry and Meghan’s statements, as they seem to tailor their stories to fit their evolving narrative.

Continue Reading
Advertisement
You may also like...

More in All round

Top stories today

Popular this week

Popular Topics

Trending this month

To Top
yes