Meghan Markle flaunts $30K necklace at event even as source claims she’s ‘hyper-concerned’ about money

LOS ANGELES, CALIFORNIA: Meghan Markle drew attention over the weekend when she appeared at an event for Godmothers bookstore in California, donning a stunning 18K Fortuna tennis necklace with diamonds in yellow gold from Logan Hollowell, worth $30,000.

The extravagant piece comes amid ongoing rumors about the Duchess of Sussex's financial situation, as reported by OK Magazine.

Meghan Markle steps out in $30,000 necklace for bookstore event

Meghan Markle and Oprah Winfrey, who are also neighbors, made an unexpected appearance at a local bookstore event near their California residences to show their encouragement and support for authors.

Meghan sported the lavish accessory on a black Club Monaco jumpsuit, as speculation about the Sussexes' financial situation continues to swirl.

Rumors have circulated suggesting that Meghan and Prince Harry are facing financial challenges. A source revealed to the oulet that Meghan is reportedly anxious about their ability to sustain their lavish lifestyle in California.

“Meghan is hyper-concerned about money, rightfully so, given their extravagant spending and lower-than-expected earnings,” the source shared.

Previously, Meghan had expressed concerns about the financial implications of purchasing their $14 million Montecito mansion, noting the uncertainty of her employment status at the time.

“The situation is particularly daunting this time, as they have rapidly depleted their funds and are not as financially secure as they once were," the insider added. "Meghan is taking charge, but it may be too little too late."

Meghan Markle's brand American Riviera Orchard

Amid rumors of financial stress, Meghan Markle is working on her lifestyle brand, American Riviera Orchard. However, the brand may face a potential setback due to a trademark issue.

“The team are thinking of backups as we speak just in case,” a source revealed. Despite this challenge, they remain optimistic, noting that similar situations with other celebrities, such as Kim Kardashian, have turned out well. 

“They’ve been put into a bit of a last-minute spin but they’re not too worried because they are aware that Kim (Kardashian) also changed her brand name after launch and it still did amazingly well.”

The insider noted, "It will be a rather costly measure if they have to change the name at this late stage due to all the branding, but it won’t be the end of the world.”

Meghan's return to social media in March to promote her company has not yet resulted in the brand hitting retailers.

There are speculations that the duchess may be waiting for the premiere of her Netflix series to formally launch her brand.

"There are rumors that Netflix has said, 'Allow us to manage the retail strategy' is she can't manage to find a CEO or somebody willing to work with her. Netflix sees an opportunity there," said an insider.

"They are going to release a cooking show where she's going to be handling lots of different products, and maybe they could create affiliate links," they added. "Maybe they could place some of those items on American Riviera Orchard and use that Netflix series to drive traffic to her website."

Television host Eamonn Holmes suggested that Meghan's leadership style might have played a role in the struggles she faced.

"To be an influencer, people have got to want to be like you, and they've actually got to like her. Most people have to be liked or admired — she'll have difficulty on both fronts," Holmes remarked.

Meghan Markle’s $30,000 necklace sparks reactions online

Meghan Markle’s recent appearance at an event wearing a $30,000 diamond necklace has ignited reactions across social media.

One user speculated the necklace might not have been a purchase, writing, "It was most likely on loan. Designers and jewelers love to let celebrities borrow items to showcase."

Another commented, "Already spending spares inheritance. She won't have that money in her bank account long."

"She's such a wanna be ... So sad to be her," one user remarked, while another defended her, saying, "Meghan is used to having to earn her own living. And now she has a husband and two children to support. She married a man who is woefully unprepared to earn his own living. Why wouldn’t she be concerned about money?"

Some questioned the motives behind Meghan’s lifestyle choices, with one user pointing out, "It’s expensive to try and be relevant," while another bluntly stated, "Meghan married money, period."

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.