Prince Harry and Meghan Markle’s net worth revealed!
The Duke and Duchess of Sussex, Prince Harry and Meghan Markle, have finally had their net worth unveiled.
A whirlwind romance.
Prince Harry described their relationship as going from “0 to 60” in a relatively short time.
In May 2018 the couple tied the knot at St George’s Chapel in Windsor, England, in a beautiful ceremony witnessed by millions.
Their love story continued to unfold as they welcomed their son, Archie, in May 2019, celebrating their one-year wedding anniversary simultaneously.
Stepping back and strained relationships.
This information comes four years post their dramatic exit from the Royal Family and relocation to the United States.
Four years after their departure from the Royal Family, Prince Harry and Meghan Markle continue to make headlines with their impressive net worth.
Despite stepping back from their Royal duties in 2020 and repaying the public money used for renovating Frogmore Cottage (their previous Windsor residence), their combined net worth remains substantial.
In May 2020, they committed to repaying the taxpayer-funded £2.4 million spent on refurbishing Frogmore Cottage over the next decade.
Their financial journey.
Nestled in the opulent Montecito, California, the Sussexes reside in a palatial mansion valued at a staggering $14 million (£11m).
This affluent neighborhood boasts residents like Oprah Winfrey, Ellen DeGeneres, and Katy Perry, adding to the allure of their lavish abode.
The couple’s financial journey post-royal life has been nothing short of sensational, surprising many with their prosperous ventures.
This decision showcased their dedication to financial responsibility, despite their newfound independence.
Mega-money deals.
Following their relocation, the Sussexes inked lucrative deals, including a groundbreaking agreement with Netflix worth a reported $100 million (£80m).
This partnership aims to produce captivating documentaries, series, and films.
They further solidified their financial prowess with a $20 million (£17m) book deal with Penguin Random House for a four-book series.
Additionally, their partnership with Spotify, valued at $25 million (£18m), saw Meghan debut her Archetypes podcast.
However, their departure from Spotify led to contentious remarks from a Spotify executive, adding a dramatic twist to their narrative.
Although the couple later parted ways with Spotify, their financial gains were substantial.
Royal income and beyond.
The sudden influx of wealth came after the couple’s announcement of stepping back from royal duties, surprising many with their strategic moves.
During their tenure as working royals, Harry and Meghan relied on financial support from Prince Charles, supplemented by taxpayer-funded Sovereign Grants.
During their time as working royals, 95 percent of their yearly income came from Harry’s father, King Charles.
The taxpayer-funded Sovereign Grant contributed the remaining 5 percent.
Upon their exit, reports surfaced that King Charles provided them with a significant financial package to aid their transition.
Before her royal union, Meghan Markle amassed a considerable fortune of $5 million (£3.5m) through her acting career.
Her portrayal of Rachel Zane in the popular TV series Suits earned her a substantial paycheck of $50,000 per episode (£37K).
Now, in 2024, Meghan is poised to venture into the entrepreneurial realm with the launch of her brand, American Riviera Orchard.
Drawing inspiration from Gwyneth Paltrow’s Goop, Meghan’s brand promises a range of luxurious products, as hinted by a recent trademark application.
From fragrance sachets to non-medicated skincare and cosmetics, the American Riviera Orchard is anticipated to redefine luxury in the market.
Net worth unveiled.
Despite relinquishing their senior royal roles in 2020, Harry and Meghan’s combined net worth is an eye-popping $60 million (£48m).
This impressive figure reflects their lucrative deals and strategic financial moves since their move from England to America.
With their net worth finally unveiled and their entrepreneurial endeavors in full swing, the world watches with bated breath as Prince Harry and Meghan Markle continue to carve their own path beyond the royal realm.
As they continue to make waves in the entertainment industry, their financial journey remains captivating and ever-evolving.