In a recent interview, Lady Victoria Hervey has come to Prince Harry’s defense, shutting down rumors that the Duke of Sussex has been splurging excessively since stepping away from his royal duties. Hervey, a well-known British socialite and aristocrat, made it clear that despite what some may think, Prince Harry is financially stable and managing his expenses wisely.

The claims surrounding Prince Harry’s supposed extravagant spending have swirled since his and Meghan Markle’s departure from the royal family in 2020. Moving to California and securing lucrative deals with media giants like Netflix and Spotify, many have speculated about the couple’s lifestyle. However, Hervey was quick to clarify that these assumptions are overblown. “He is doing well financially!” she stated firmly, dismissing the idea that the prince is recklessly burning through his fortune.

Hervey’s comments come at a time when public interest in Harry’s personal life remains high, especially as he and Meghan continue to build their brand in the United States. While rumors of luxury homes and extravagant vacations persist, Lady Victoria assures that Harry has made smart financial decisions and is far from the carefree spender the tabloids portray him to be.

Hervey, who has her own connections to the British aristocracy, expressed empathy for the pressures Harry faces in maintaining a public image while balancing his private life. “It’s easy for people to assume the worst, especially when they are in the spotlight constantly,” she added, referring to the endless speculation that surrounds the couple.

Prince Harry and Meghan Markle’s financial independence has been a topic of interest ever since their exit from royal duties, but as Lady Victoria emphasized, the Duke is far from irresponsible with his money. It seems the rumors of Harry being a big spender are just that—rumors.