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Business News/ News / World/  Prince Harry, Meghan Markle may not be as rich as you may think: Here’s how they earn
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Prince Harry, Meghan Markle may not be as rich as you may think: Here’s how they earn

Prince Harry and Meghan Markle have had to rely on their own income since stepping back as senior Royals.

(FILES) Britain's Prince Harry and Meghan Markle speak during the 2021 Global Citizen Live festival at the Great Lawn, Central Park on September 25, 2021 in New York City. (Photo by Angela Weiss / AFP) (Angela Weiss / AFP)Premium
(FILES) Britain's Prince Harry and Meghan Markle speak during the 2021 Global Citizen Live festival at the Great Lawn, Central Park on September 25, 2021 in New York City. (Photo by Angela Weiss / AFP) (Angela Weiss / AFP)

Prince Harry and Meghan Markle have seen a significant change in their financial circumstances since stepping back from their roles in the British Royal Family. The Duke and Duchess of Sussex, who departed from their Royal duties in 2020, no longer have access to the substantial funds provided by the Royal Family's $28-billion estate. As a result, they have had to rely on their own income to sustain their lifestyle.

With a combined estimated net worth of $60 million, as per Forbes, Prince Harry and Meghan Markle have adapted to their new financial reality. 

During a candid interview with Oprah Winfrey, Prince Harry revealed that they were able to make the move to Los Angeles thanks to the inheritance left to him by his late mother, Princess Diana. This inheritance, estimated at $10 million, played a pivotal role in their decision to step away from Royal life.

Also Read: King Charles takes away Queen Elizabeth’s wedding gift to Harry-Meghan, their UK home

Prior to marrying Prince Harry, Meghan Markle had a successful acting career, earning an estimated $2 million from her work on the television show Suits.

How Harry-Meghan earn

The couple has ventured into the media industry through their production company, Archewell Productions. They signed a lucrative contract with Netflix worth a reported $100 million. Under this agreement, they are creating a diverse range of content, including documentaries, scripted shows, feature films, and children's programming.

In addition to their work with Netflix, Archewell Productions has also entered the podcasting world. Meghan Markle hosted a podcast called Archetypes, where she engaged in conversations with influential women such as Serena Williams and Mariah Carey.

Also Read: King Charles, Kate ‘relieved’ as Meghan Markle skips coronation, Prince Harry will go solo

Prince Harry recently released his highly anticipated memoir, titled Spare. The book has been met with tremendous success, selling over 3.2 million copies worldwide in its first week across various formats.

Rumours suggest that Prince Harry's memoir is a part of a multi-book deal worth $20 million. Furthermore, Meghan Markle ventured into the world of literature with the publication of her children's book, The Bench.

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ABOUT THE AUTHOR
Sounak Mukhopadhyay
Sounak Mukhopadhyay, who also goes by the name Sounak Mukherjee, has been producing digital news since 2012. He's worked for the International Business Times, The Inquisitr, and Moneycontrol in the past. He's also contributed to Free Press Journal and TheRichest with feature articles. He covers news for a wide range of subjects including business, finance, economy, politics and sports. Before working with digital news publications, he worked as a freelance content writer.
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Published: 22 Jun 2023, 12:28 PM IST
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