'Eyebrows will be raised' over Harry and Meghan banking venture
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The furious comments from the TV presenter follow the news that Meghan Markle and Prince Harry have accepted roles as “impact partners” at investment banking firm Ethic. The company, which has $1.3bn of assets under management, claims it only invests in ethical and socially conscious initiatives which the Sussexes claim will encourage more younger people to invest their money in sustainable companies.
Despite the positive chimes from the duo, Mr Brazier slammed the couple for the move which he said was another example of the California-based duo undermining the Royal Family.
Mr Brazier went on to claim Prince Harry “continues to trash decades of royal protocol” by continuing to develop a “close association with political causes and big business.”
He noted how the couple have “previously insisted they are not trading on their royal links to make money” as he speculated on the reasons behind the move into banking.
The GB News host concluded by suggesting how despite the seemingly positive message of Ethic, “eyebrows will be raised again” with the pair’s appointment as partners at the firm, which is the latest business venture for the pair.
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However, not everyone agreed with Mr Brazier’s analysis of Prince Harry and Meghan Markle’s new venture, with fellow GB News host Becca Hutson defending the couple.
In a separate segment on the broadcaster, Ms Hutson said: “I think this is great.
“This is actually Harry and Meghan fulfilling the promise they made to us all when they launched the Archewell Foundation.
“Investing in ‘awful’ causes like gender equality and racial equality.
“I can’t imagine what terrible aims they have…and climate change! I think this is actually great.”
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Announcing the move on Tuesday, the Sussexes said: “When we invest in each other we change the world.
“Our choices – of how and where we put our energy – define us as a global community.
“We believe it’s time for more people to have a seat at the table when decisions are made that impact everyone.”
They added: “We want to rethink the nature of investing to help solve the global issues we all face.
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“This is one of the ways we put our values in action.”
While in an interview with the New York Times on Tuesday, the Duchess of Sussex said: “My husband has been saying for years, ‘Gosh, don’t you wish there was a place where if your values were aligned like this, you could put your money to that same sort of thing?’”
According to their website, Ethic promises to deliver users of its mobile app “an all-round better life”.
The appointment to the bank is the latest in a raft jobs the couple have bagged since since leaving their roles as senior royals and settling in Los Angeles.
Back in March, the Duke of Sussex was appointed ‘chief impact officer’ at BetterUp, a Silicon Valley startup that provides professional coaching and mental health advice in the USA.
The Sussexes have also signed multimillion-dollar deals to produce content for Netflix and a Spotify.
The pair explore commerical media interests thorugh their Archewell production company.
While Meghan is currently producing an animated series titled ‘Pearl’ about a 12-year-old girl who is inspired by influential women from history.
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