Candian billionaire who served as a holiday residence to Prince Harry and Meghan is named controversial mining magnate – The Sun

PRINCE Harry and Meghan Markle’s Vancouver Island bolthole is owned by a controversial Canadian billionaire with links to the Clintons, who emerged last night.

The royals have so far refused to disclose the owner of the £ 11 million waterfront villa near Victoria in British Columbia, but is now believed to be former stockbroker Frank Giustra.

    Frank Giustra has been involved in trade deals with former United States President Bill Clinton

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Frank Giustra has been involved in trade deals with former United States President Bill ClintonCredit: Corbis – Getty
    Prince Harry and Meghan Markle at the Invictus Games in Canada in 2017

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Prince Harry and Meghan Markle at the Invictus Games in Canada in 2017Credit: Getty Images – Getty
    The house that Sussex rented from Giustra on Vancouver Island

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The house that Sussex rented from Giustra on Vancouver IslandCredit: WWW.SOTHEBYSREALTY.CA

Divorced, two-year-old dad, Giustra, 62, co-founded the Hollywood studio Lionsgate – producing films including American Psycho and Michael Moore’s documentary Fahrenheit 9/11.

He is also known as a major donor to the Clinton Foundation.

In 2005, he and President Bill Clinton traveled to Kazakhstan together to meet the authoritarian leader of the former Soviet republic.

Shortly thereafter Giustra acquired shares in three state-run uranium mines, an initiative worth over £ 2.2 billion.

Months after the Kazakh pact, Giustra reportedly donated £ 24 million to the Clinton Foundation and has since publicly committed to donating £ 76 million.

Both Giustra and Clinton strongly denied that the former President of the United States helped him cement the Kazakh agreement and Giustra subsequently divested.

In 2016, while Hillary Clinton was in the running for the President of the United States, the leaked emails revealed that Giustra and Mexican billionaire Carlos Slim granted a £ 15 million endowment in 2010.

LA GIUSTRA AND THE CLINTONS

It was used by the Clinton Foundation to establish the Haiti Profit Development Fund, intended to give seed money to Haitian entrepreneurs after the devastating earthquake.

Yet there is “almost nothing in the public register” that shows what happened to the millions of dollars, according to reports at the time.

Giustra was furious at the claims and later told the National Post of Canada that Clinton’s accusations were “madness … a fucking circus”.

The businessman, who currently runs the private equity firm Fiore Financial, remains on the board of directors of the Clinton Foundation and is a renowned philanthropist.

In 2016 he won the Dalai Lama Humanitarian Award and the Order of British Columbia in 2016, the highest civil honor for the results for the benefit of the local population.

FREE DUTY DUTY

Justra is believed to have lent Harry and Meghan to her home free of charge.

The main house, called Mille Fleurs, was purchased in 2014 and registered with a local country club to protect the owner’s identity.

Giustra is a close friend of the famous music producer David Foster, whose wife Katharine McPhee went to school and worked on theater productions with Meghan in Los Angeles.

Foster said he placed Meghan and Harry with the house after learning that they needed a discreet place to spend the holidays.

On Thursday, Meghan returned home to Vancouver Island to join little Archie, who was under the care of a nanny after her trip to London amid the fall of “Megxit”.

A convoy of three Toyota couriers with a black Land Rover Discovery following in the rear moved quickly out of the building on Saturday for lunch.

It is understood that Discovery was carrying British Royal protection officers while at least two of the people carrying were guarded by Royal Canadian police officers.

The discovery had returned home from £ 11 million four hours later, but it is unknown where the convoy had gone.

A local source said Meghan would go to Los Angeles to see her mother Doria.

    The couple announced that they were resigning from royal royalty and moving to North America

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The couple announced that they were resigning from royal royalty and moving to North AmericaCredit: Splash News
    Meghan returned to Canada to join little Archie on Thursday

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Meghan returned to Canada to join little Archie on ThursdayCredit: Getty
    The queen and the high royals are ready to make an agreement on the future of Harry and Meghan at the Sandringham summit on Monday

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The queen and the high royals are ready to make an agreement on the future of Harry and Meghan at the Sandringham summit on MondayCredit: PA: Press Association

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