Harry and Meghan: Host on new deal with Ethic Banking
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Meghan Markle and Prince Harry announced the push into finance as they joined a sustainability-focused investment firm Ethic as “impact partners.” The firm announced: “They’re deeply committed to helping address the defining issues of our time — such as climate, gender equity, health, racial justice, human rights, and strengthening democracy — and understand that these issues are inherently interconnected.” Their new string of ventures comes after they stepped down as working members of the Royal Family in January 2020.
NBC royal correspondent Neil Sean spoke about the couple’s new venture, citing a source suggesting the Duke and Duchess of Sussex may be looking into learning more about finance to better tackle their new job.
He said: “A good source close to the couple said they are not just taking on the role in banking to take the money and run.”
“Apparently they are going to finance school to study the ethical world of banking.”
“It is good to know that they do take some of this stuff seriously, but quite frankly some people spend years and years in the world of finance.”
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He added: “This is a rather new company, what can Meghan and Harry bring.”
“What can Harry and Meghan bring to this particular bank, apart from their profile?”
“Of course it does work out for them, no doubt there’ll be snaps or video footage of them attending certain meetings so we are convinced they know about the world of banking.”
“I for one do applaud them, you have to make money while you’re hot.”
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Harry and Meghan told Oprah Winfrey earlier this year in their bombshell interview that he started to make financial deals with companies like Netflix and Spotify after being “cut off” by his family financially.
Their Netflix deal was rumoured to be in the region of £150m.
Harry has also become Chief Impact Officer with the Silicon Valley startup, BetterUp, a coaching and mental health platform that has grown to more than 270 employees and a network of some 2,000 coaches.
According to reports, he and Meghan were introduced to Ethic by a friend.
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In a statement, the couple said: “When we invest in each other we change the world.”
“Be it through the investment of time, investment in community, or in the investment of funds, our choices – of how and where we put our energy – define us as a global community.”
They added: “We believe it’s time for more people to have a seat at the table when decisions are made that impact everyone.
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