Meghan Markle latest business investment has been revealed following the news that the Duchess of Sussex is an 'angel investor' in Midi Health.
The mother-of-two's latest investment is firmly geared towards empowering women in their 'Second Act' since the California-based business is a virtual care clinic where women aged 35 or over can speak to experts in perimenopause and menopause.
© Getty ImagesMidi Health confirmed in September 2024 that it had attracted interest from 80 investors, who had paid between £8,000 and £385,000.
Fortune has revealed that Meghan was one of these investors, and she is reportedly 'angel investor', a high net-worth individual who provides money for a start-up company, sometimes in exchange for equity in the company.
© Getty Images, GettyMeghan's husband, Prince Harry, is not involved as the company has only garnered female investors. Other investors include comedian Amy Schumer and Connie Britton.
Speaking to Fortune this week about her business interests, Meghan explained: "Women need to see that they can build. Women don't need to be afraid to talk about finance and I think the more financial literacy we have, the stronger we're going to be."
© InstagramShe also revealed that her first business was in designing scrunchies, explaining: "I'd buy the remnants of fabric from the fabric store and elastics, and use my little home sewing machine to make scrunchies and sell them."
Meghan's other investments
The Duchess of Sussex has also made other investments, mostly in female-led and socially conscious brands, such as coffee brand Clevr and financial services company Ethic.
Previously speaking to Fortune about her involvement in the coffee company, Meghan said: "This investment is in support of a passionate female entrepreneur who prioritises building community alongside her business.
"I'm proud to invest in Hannah's commitment to sourcing ethical ingredients and creating a product that I personally love and has a holistic approach to wellness."
In August 2024, it was revealed that the Duchess had invested in the handbag brand, Cesta Collective, which works with artisans in Rwanda to make luxury handwoven bags. Last November, Meghan invested in Highbrow Hippie, a new haircare line by her long-time colourist and BFF, Kadi Lee.
