Sussex Scandal Unveiled: Harry and Meghan’s Controversial Investments Exposed

A Wall Street investment firm, backed by Prince Harry and Meghan Markle, has come under scrutiny after an investigation revealed their questionable investments.

Despite the couple's public condemnation of online hate and their fight against fake news, the firm, named Ethic, owns millions of dollars worth of shares in Twitter, Facebook, and Google, the parent company of YouTube.

Ethic, where Harry and Meghan are impact partners, manages around $1.3 billion of investments for approximately 1,000 wealthy clients.

While the firm claims to provide clients with socially responsible investment options, its financial filings show a long list of investments in American corporate giants, resembling a traditional investment portfolio.

Among its holdings, Ethic has invested $6.9 million in Facebook shares, $2 million in Twitter, and holds a stake of $32 million in Alphabet.

Prince Harry has been vocal about the negative impact of social media and the lawless space it creates.

In August, he wrote a column expressing his concerns.

In 2020, the couple was reportedly working with a pressure group called Stop Profit for Hate, which organized a Facebook advertising boycott.

Additionally, they removed all their social media profiles after Meghan Markle shared her struggles with online trolling.

Ethic's filings with the U.S. Securities and Exchange Commission reveal investments in companies such as Apple, Microsoft, Amazon, Coca-Cola, Visa, Nike, and Tesla, amounting to millions of dollars.

Surprisingly, the firm also holds shares in oil and gas companies, airlines, and major automotive manufacturers, including General Motors, Honda, and Toyota, contradicting Harry and Meghan's green campaigning efforts.

Furthermore, Ethic has invested in Mandalay's, the owner of Cadbury's, accused in 2018 of destroying orangutan rainforest habitat due to their palm oil suppliers.

This contradicts the Sussexes' campaign for forest conservation and endangered species protection.

The firm also holds shares in pharmaceutical giants involved in COVID-19 vaccine production, a topic on which Harry and Meghan have strong opinions.

They believe these companies should relinquish their vaccine patents.

However, experts question the ethics of some of Ethic's investments.

Becky O'Connor, a market expert, explained that so-called ethical funds sometimes invest in controversial companies that promise to transition to greener practices, but the pace of change is questionable.

O'Connor added that fossil fuels are typically not expected in a purely positive impact investment portfolio.

Harry and Meghan have personally invested their own money in Ethic and are reportedly shareholders.

However, the exact amount of their investment remains undisclosed.

Since Ethic tailors its portfolios to individual investors, it is unlikely that the Sussexes hold shares in Facebook.

The investigation further revealed that Ethic has invested in major pharmaceutical companies involved in COVID-19 vaccine development.

This includes shares worth $747,000 in Pfizer, $1.6 million in AstraZeneca, $2.2 million in Novartis, $2.5 million in Johnson & Johnson, $1.6 million in Sanofi, and $760,000 in GlaxoSmithKline.

Interestingly, Prince Harry has criticized these ultra-wealthy pharmaceutical companies for not sharing vaccine recipes and has urged them to give up patents to facilitate vaccination in poorer countries.

The revelation of Harry and Meghan's controversial investments raises questions about the ethical standards of the investment firm they support.

While Ethic claims to provide clients with sustainable investment solutions, its holdings seem to contradict the couple's public stance on various issues.

As the Sussexes continue to navigate their post-royal lives, their association with Ethic may face increased scrutiny from both the media and the public.