It was in the year 2020 that Prince Harry and Meghan Markle announced their decision to step down from royal duties. While the news created a furor amongst Royal family fans, it’s now certain that the duke and the duchess took that bold step only after chalking out a solid financial plan.
Recent reports indicate that their combined net worth is $60 million as of today. So, let’s see how the erstwhile royal couple earns their big bucks.
Projects In Hand
While Markle’s podcast with Spotify is already out, it’s interesting to note that the couple has also signed an $18 million deal for the next three years. Additionally, the couple has locked in a $100 million contract with Netflix. Not too long ago, in 2019, Harry announced their decision to roll out a mental health series that would stream on Apple TV+. The duke recently spoke at the JPMorgan summit in February for a paycheque of $1 million.
Owners Of Multiple Businesses
While Harry and Markle need no lessons as far as leveraging their brand name is concerned, turns out, that they collectively run 11 hugely profitable businesses. Markle who played the role of the para-legal Rachel Zane in Suits apparently continues to get residuals from the show. She also launched her fashion line after partnering with Canada’s Reitmans.
Properties
As per public records, Harry and his wife are proud owners of a plush property in Montecito, California whose worth is $14.7 million. They financed it with a $9.5 million mortgage loan. In 2020, they moved out of their royal residence in England and ventured out into a private neighborhood where celebs like Winfrey and Ellen DeGeneres live in close vicinity.
While they’re quite a prosperous couple, they are also wealthy in their own right. Harry inherited his mother’s riches and Markle was a fairly popular actress and influencer. It is believed that Harry’s father helped the couple at the start, but the two are currently doing quite well for themselves.
Lead Image: Sussex Royal/ Instagram