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Meghan Markle Sells Princess Diana’s Jewelry to Open Shop in Los Angeles, Faces Financial Troubles
Meghan Markle, who will be celebrating her 42nd birthday next week, has reportedly sold the precious jewelry gifted to her by Prince Harry in order to open a shop in Los Angeles.
The couple, who stepped back from their royal duties in 2020, have been known for their extravagant gifts to each other.
Harry, still considered a prince, has spared no expense in showering his wife with lavish presents and sentimental pieces, including jewelry that once belonged to his late mother, Princess Diana.
One of the most notable gifts was the engagement ring Harry presented to Meghan in 2017.
As they were cooking dinner at Kensington Palace, Harry dropped to one knee and offered her a stunning ring adorned with three massive diamonds.
Following their wedding, Meghan was often seen wearing an emerald-cut aquamarine ring on her right hand, which also belonged to Princess Diana.
These were just a few of the many jewelry items Harry had gifted his wife over the years.
However, it seems that all these precious gifts are now gone.
According to a source, Meghan has sold them in order to fund her new venture – a shop in a hotel suite in Los Angeles.
The location is said to be conveniently close to her new agency, as she aims to establish herself as a prominent figure in Hollywood.
While Meghan has kept her future plans under wraps, recent reports suggest that she and Prince Harry are pursuing different career paths.
Showbiz correspondent Kinsey Schofield discussed the rumors on GB News and revealed that Meghan's alleged shop is positioned across from her agency, William Morris Endeavor.
It appears that Meghan has her sights set on bigger opportunities and desires to become a power player in Hollywood, a path that Harry does not share the same enthusiasm for.
In fact, it is believed that Harry is not pleased with Meghan's latest move.
However, experts have raised concerns about the viability of Meghan's shop.
The cost of premises in Los Angeles is notoriously high, and it is uncertain whether Meghan will be able to afford the monthly expenses.
Some have criticized her decision as hasty, warning that if the shop fails to generate profits, it may have to close within a few months.
Adding to their troubles, Meghan and Harry have recently faced setbacks in their business ventures.
Their Netflix docuseries was snubbed at the Emmys, and their Spotify deal came to an abrupt end.
Sources have revealed that the couple is now grappling with mounting business pressures and massive overheads.
In order to sustain their current lifestyle, they may be forced to downsize from their extravagant 9-bedroom, 19-bathroom mansion, a prospect that has left both of them disheartened.
Amidst these challenges, rumors have circulated about the state of Meghan and Harry's marriage.
Speculation of a rift and reports of spending time apart have raised questions about the future of their relationship.
Commenting on this, Kinsey Schofield described their situation as a deep wound that refuses to heal.
The couple seems to be facing a difficult period, both personally and professionally.
While Harry reportedly longs to return to the UK and his family, Meghan shows no desire to do so.