Meghan and Harry ‘earn £400k speaking at exclusive JP Morgan banking summit’

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Prince Harry, Meghan Markle are posing for a picture: Prince Harry and Meghan to earn £400k speaking at JP Morgan event© WireImage
Prince Harry and Meghan to earn £400k speaking at JP Morgan event

The Duke and Duchess of Sussex have spoken at their first paid-for event – ­earning an estimated £400,000 (NZ$800,000) from the bank that sparked a global trading scandal.

The prince and Meghan, 38, joined bankers at South Beach’s 1 Hotel on Thursday night, where rooms cost up to £4,500 per night.

Public relations experts said they could have commanded anything up to £750,000.

PR boss Ronn Torossian said: “Given their status, this event is a massive win for JP Morgan. How can any brand go wrong by having them as speakers?”

The CEO of New York PR firm 5WPR added: “There is no celebrity in the world hotter than them. The Obamas? You alienate some Republicans. Kim Kardashian and Kanye West can’t hold a candle.

“Meghan and Harry have huge earning potential. From book deals to brand endorsements, to appearances, their opportunities are unlimited.

a large bed sitting in a room: The Duke and Duchess of Sussex turned up at the swanky 1 Hotel in Miami’s South Beach on Thursday© Booking.com
The Duke and Duchess of Sussex turned up at the swanky 1 Hotel in Miami’s South Beach on Thursday
a group of lawn chairs sitting on top of a sandy beach: The event is the first public appearance the royal couple have made since stepping down© Booking.com
The event is the first public appearance the royal couple have made since stepping down

“The Duke and Duchess can earn up to $100million this year. Private plane, security, hair and makeup, glam squads added six figures to this deal.

“Expect to see much more of this from the former royals as they continue to become financially independent.

“Whether or not future events will be as secretive as this one remain to be seen.”

The couple left themselves open to questions over the choice for their first public engagement since stepping down for royal duties.

a group of palm trees next to a pool of water: South Beach’s 1 Hotel charges up to £4,500 for some rooms© Booking.com
South Beach’s 1 Hotel charges up to £4,500 for some rooms

JP Morgan was fined more than £7billion in 2013 and 2014 for scandals including rigging foreign exchange markets.

Questions also surrounded their carbon footprint for flying from their waterfront home on Vancouver Island to Miami.

During the event, Prince Harry spoke candidly about having therapy to help him cope with the death of his mother, Diana.

A source said that Harry, 35, “spoke about how he has been in therapy for the past few years to try to overcome the trauma of losing his mother”.

Meghan is said to have introduced her husband at the Alternative Investment Summit attended by billionaires.

a tall building in a city: The Duke and Duchess of Sussex are expected to earn around £100,000 this year© Booking.com
The Duke and Duchess of Sussex are expected to earn around £100,000 this year

The source added: “He talked about how the events of his childhood affected him and that he has been talking to a mental health professional.

“He also touched on Megxit, saying that while it has been very difficult, he doesn’t regret their decision to step down as senior royals because he wants to protect his family.

“He does not want Meghan and their son Archie to go through what he did as a child.”

The couple is reported to have stayed at the mansion of tennis star Serena Williams.

According to the New York Post, the source added they spoke to 425 people inside a marquee. It is believed they also dined with attendees.

Buckingham Palace and JP Morgan declined to comment.

Related slideshow: Royals from around the world: Then and now

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