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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Published: 22 Jun 2023, 12:28 PM IST
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