Prince Harry and Meghan Markle’s employees at their Archewell Foundation are earning six-figure salaries on average.
Employees at Prince Harry and Meghan Markle’s Archewell Foundation are making an average salary of more than £122,000 ($153,505) despite the company reporting significant losses.
The Duke and Duchess of Sussex founded their Archewell Foundation charity in 2020, named after their four-year-old son Prince Archie, with the company taking on James Holt as executive director, who is known as one of Prince Harry’s closest figures, and handing him a 280% salary increase.
A tax return filed in the US showed Archewell Foundation donations plummeted from £10.3 million ($13million) from several donors in 2021, to just over £1.6million ($2 million) from two donors, a significant £8.7million ($11million) decrease from last year.
Archewell’s executive director and president James Holt received a salary of £181,582 ($227,405), with senior strategic advisor Michael Stein pocketing £111,882 ($140,116) and co-executive director Shauna Nep taking home £74,232 ($92,994).
The average of these three paid employees is over £122,000 ($153,505).