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The Sussexes ‘create 11 companies in a tax haven’ for ‘multi-million dollar memoirs’

Lawyers and business owners for the Duke and Duchess of Sussex have incorporated 11 companies and a trust for the couple since April 2020, according to state filings.

The couple chose to set up the businesses in the national tax haven of Delaware – rather than in California where they live and do business.

Two of the companies are publishing houses, set up by lawyer Richard Genow, who has worked with Meghan for years, and the Duchess’ business manager, money guru Andrew Meyer, reports Mail online.

The first – Peca Publishing LLC – was used by Meghan to own the rights to The Bench children’s book.

The second – Orinoco Publishing LLC – is said to have been set up to hold Harry’s rights to his explosive memoir – due for release later this year.

Peca translates from Spanish to freckled – which could be a reference to a book Meghan wrote in her eighth year of school – titled A Face Without Freckles… Is A Starless Night.

And the Orinoco is the name of a South American river that crosses Venezuela and Colombia.

Other companies set up by the Sussexes include Cobblestone Lane LLC – which was established in February 2020 and owns the Archewell logo.

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