Megxit

On 8 January 2020, Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex, announced on Instagram their decision to "step back as 'senior' members" of the British royal family, split their time between the United Kingdom and North America, and become financially independent. This was dubbed Megxit, a portmanteau of the words "Meghan" and "exit" and a play on the term Brexit, and adopted globally on mainstream and social media, spawning various Internet memes and "Megxit" merchandising.