Prince Harry and Meghan Markle Are Hoping to Buy a $7 Million Malibu Mansion

Things are moving quickly with Prince Harry and Meghan, Duchess of Sussex’s exit from the British royal family. The pair have been figuring out their next moves since announcing Megxit in January 2020. Now that their official end date as working senior members of the royal family is set, the duke and duchess are ready to move on.

After April 1, the duo will no longer be using the name Sussex Royal as their brand, but they are intent on pressing forward to gain financial independence and forming their charitable entity.

Though the pair are currently living on Vancouver Island in Canada, it looks like they also have plans to set up a home in Malibu.

Meghan Markle and Prince Harry are going Hollywood

Since they will no longer be using the Sussex Royal brand — even more opportunities can open up for the Sussexes. The pair have already made bank with a lucrative speaking opportunity at JP Morgan. It seems like the sky is the limit.

“We could easily compare them to any former presidents,” Royal commentator and author Kristen Meinzer explained to Business Insider. “My mind keeps going to Barack and Michelle Obama and how [they] make money. The reason I compare the two is that they’re already friends with each other and I would put them on the same level in terms of fame.”

The duchess is also looking for representation through an agent and/or manager. “Meghan is actively looking for representation. She has begun outreach,” a source tells Us Weekly. “It can be a manager or an agent, but she’s reaching out to people to find someone to represent her for future professional projects. [Meghan] has no plans to do another show like Suits, but Harry’s been encouraging her to do more voice-over work, writing, producing and directing in her free time.”

Prince Harry and Meghan Markle want to spend the summer in Los Angeles

Though they have home bases in Canada and the U.K. — the Sussexes also have a great love for Los Angeles — Markle’s hometown.

“They have started to look at homes online and are in the process of interviewing security teams,” a source close to the Sussexes told E! News. “They are getting their ducks in a row and seeing if it’s logistically possible. They’ve reached out to people in L.A. and would like to assemble a team of locals. Meghan would like to be able to do meetings at the house and also be able to host friends and entertain. Those are two things that are important to her.”

Meghan Markle and Prince Harry are eyeing a $7 million Malibu mansion

According to The Sun, the Sussexes have their eyes on a $7million (£5.4million) Malibu mansion. The home includes a swimming pool, tennis court, and five bedrooms. The home was previously owned by Baywatch actor David Charvet and his wife, Brooke Burke.

Celebrities like Robert Downey Jr, Mel Gibson, Dick Van Dyke, and Caitlyn Jenner all live in the neighboorhood. This would be the perfect move for the duke and duchess who already have business in California. They are working on building their charity at Stanford University and the duke is working on an Apple + series with Oprah Winfrey.