Meghan Markle and Prince Harry Net Worth & Earnings: From their sudden engagement announcement to their million-dollar wedding, and up until they stepped back from being senior royals and cutting all financial ties with the Royal Family…
…everything this pair does certainly ends up shocking the world.
Now that they’re all settled in the sunny land of California being neighbors with Oprah Winfrey, you may wonder how much Meghan & Harry are worth together.
After hours of research, we’re really stoked to bring you the details of Meghan & Harry Net Worth.
Today, we’re going to be diving deep into the Sussex duo’s career and we’ll be looking at:
- The Prince and the former actress’ earnings by year;
- Their individual net worths;
- The couple’s assets – property, cars, boats, planes etc.;
- how they like to spend their money
It’s an intriguing journey so far- my favorite is the part where they’re able to snag a Netflix and Spotify deal, ‘cause man, that’s weighty!
Let’s get started…
Who are Harry and Meghan?
In early 2016, a whirlwind relationship between Harry, then Prince of Wales, and American actress Meghan Markle, was about to happen – all thanks to the prince and actress’ mutual friend playing cupid.
Hold up, anybody knows where to get a friend like that, by the way?
So the two hit it off instantly and what was there left to do but to meet up the very next day for a second date?
…the two were literally inseparable and within months.
Harry had already introduced his new girlfriend to the members of the Royal family.
The future Duke of Sussex is the People’s Princess, Diana’s second born son… the spare to the heir as they say.
Born on the 15th of September 1984, Harry is known for his rebellious and laid back personality compared to that of his older brother, Prince William’s rather firm and formal one.
This and yes, his adorably red head endeared him to the masses.
The royal bad boy had a rather interesting military career, serving in the British Army from 2005 to 2015 all while making headlines due to his careless and improper behavior such as parading himself completely naked in Vegas.
On the other side of the world…
….was Rachel Meghan Markle. Born on August 4, 1981, she was 2 years Harry’s senior and was a Hollywood actress.
Markle grew up in Los Angeles, often visiting his photographer father’s set for a television show as a child.
In 1999, Meghan was admitted to Northwestern University and interned at the American Embassy in Argentina. That inspired her to pursue a political career
…the future duchess didn’t score high enough on the Foreign Service Officer Test.
But who needs that when you’re about to get royal-ized, right?
Nevertheless, Markle got her degree with a double major in theater and international studies.
After college, Meghan dived deeper into her acting and modelling career.
In 2011, Meghan joined the cast of the TV show Suits until its 7th season in 2017.
And then Prince Harry publicly announced their union…
…and by late 2016, the world was reeling thanks to the Prince’s and the actress’ romance.
After a big thumbs up from the members of the royal family, the couple announced their engagement on November 27, 2017.
Meghan shut down her lifestyle blog and was expected to fulfill public engagement duties from then on.
Prince Harry and Meghan Markle, Duke and Duchess of Sussex were married on May 19, 2018.
|Harry and Meghan Net Worth: $ 600,000|
|Date of Birth: Harry is 36 years old and Meghan is 39 years old|
|Current Occupation: Former soldier and actress respectively|
|Eye Colour: Blue and dark brown|
|Zodiac Sign: Virgo and Leo|
|Nationality: English and American|
|Relationship Status: Married|
|Place Of Birth: London, England and Los Angeles, California|
|Religion: Church of England|
|No. of Children: 2|
|Profession: Duke and Duchess of Sussex|
|Favorite Color: Blue and green|
|Favorite Food: Cottage pie and roasted chicken|
|Smoking/ Drinking: Smoking/ Drinking|
How Much are Prince Harry and Meghan Markle Worth?
Harry and Meghan Markle, the Duke and Duchess of Sussex have an estimated net worth of about $30 million.
Before stepping back from royal duties, Harry was estimated to be worth around $25 million to $40 million, the same as his brother Prince William.
This sum was accumulated from his former salary as a Captain in the British Army, his part in the $10 million inheritance his mother, Lady D, left the Wales brothers, as well as another inheritance from the late Queen Mother.
Now here’s the kicker…
The amount of the inheritance from the great Grandmother may have been undisclosed, but it’s reported that the late giggly grandma left Prince Harry a tad bit more than his brother because he was never going to be king.
Hey, now that sounds quite fair.
Meanwhile, Meghan was individually worth $2.2 million in 2019, thanks to her acting stint in the television show Suits.
…the duchess was making $450,000 a year from her most famous role in the TV show Suits. That’s $50,000 per episode.
After announcing that they’re no longer senior members of the royal family, the newlyweds’ tie with the Sovereign Grant was severed and they’re now expected to work by themselves to support their lifestyle and family.
Meghan & Harry Net Worth Year By Year
|Year||Net Worth $|
Meghan & Harry Investments
After stepping away from England – on their own, it’s clear the couple isn’t stopping anytime soon to fund their lavish lifestyle.
In September 2020, The Prince and Meghan Markle were able to bag a megawatt Netflix deal. The deal’s worth is still undisclosed…
…but hold on to your seatbelts…
Because Disney and Apple executives have tipped the New York Times that the couple are already eyeing similar deals with their company for about $100 million.
Now that escalated quickly.
Prince Harry and Meghan were also able to close a multi-year podcast deal with Spotify..
..and in late 2020…
Meghan made her debut as a startup investor by reaching out to Clevr Blends, a startup company that produces instant oat lattes.
The duchess’ representative refused to disclose the worth of her investment.
The Young Meghan Markle & Prince Harry
Growing up in the limelight, Diana’s second-born, Prince Harry has always been known as the cooler guy out of the two brothers.
Unintentionally, little Harry made people laugh with his funny antics and was even reported to have pranked Elizabeth II herself!
Now that’s something else.
As a student, Harry was more of an athlete than an academic.
He attended Eton College for his tertiary education, breaking his paternal line’s tradition of going to the rather rough Gordonstoun and following the Spencers’ footsteps instead.
In 2003, Harry was able to complete his education at Eton with 2 A-levels, scoring a grade of B in art and D in Geography.
The young prince was a passionate polo and rugby union player and most of his younger years were spent participating in sports matches.
On the other hand…
…young Meghan Markle was attending the Hollywood Little Red Schoolhouse.
Basically, Meghan grew up in Hollywood with his photographer father constantly tugging her with him on his sets.
Meghan got her first real paying job at age 13 in a frozen yogurt shop called Humphrey Yogart.
An easy-going royal bad boy who couldn’t care less about his grades and a young girl with double majors in college. Sounds interesting…
Both the Prince and Meghan enjoyed close relationships with their parents in their younger years, although Meghan was estranged from her half-siblings from the start and later, from her father, as well.
Prince Harry and Meghan Markle Families & Relationships
Prince Harry’s Previous Relationships
Chelsy Davy (ex-girlfriend)
Before Meghan Markle, there was the blonde girl next door Chelsea Davy.
Chelsea was Harry’s on and off girlfriend for 6 years from 2004 to 2010.
The two met in 2004 during Harry’s gap year when Chelsea was a boarder at Stowe School.
The Zimbabwe-born lawyer was working in the same law firm that advised Edward VIII on his abdication and his marriage to the American Wallis Simpson.
Chelsea was seen with the Royal Family only about twice. First was when Harry received his medal for his service in Afghanistan and second when Davy attended the wedding of Harry’s cousin, Peter Philips where she was introduced to the Queen.
But as it turned out…
…Chelsea was less willing than Kate Middleton to live the royal life with all its baggage.
It’s clear that both wanted different things and Chelsea was determined to pursue her career.
The two officially broke up in 2010 but speculation of them continuing their relationship in secret was still going around during the time of Prince William and Kate Middleton’s wedding.
Prince Harry’s Parents
Prince Charles (father)
Prince Harry’s father is Prince Charles, the Prince of Wales. His first wife was Harry’s mother, Diana, with Camilla, Duchess of Cornwall as his second.
Compared to his mother, Prince Harry’s father was less vocal about his love for his sons and was even said to be “awkward” with his first son in the beginning.
Prince Charles grew up the rough military way, just like how his father, Prince Philip liked it.
Unfortunately for him…
…Charles had always been the unpopular one. From being the most reserved one among all of the Queen’s children to his controversial love life, it seemed like pleasing the crowd wasn’t Charles’ forte.
Prince Charles and Diana divorced in 1996 and from then on, Charles more openly pursued his romance with his longtime lover, Camilla Parker Bowles.
Charles married Camilla in 2005 with the blessing of the Queen.
Harry, William, and the rest of the family accepted the new addition to their family with open arms and Harry appeared to be quite close with his father’s second wife.
Princess Diana (mother)
The history of Harry’s family isn’t news to the public. The Duke of Sussex is the Late Princess of Wales’ second and last son.
This late Princess of Wales is the much-beloved Princess Diana.
Despite his parent’s chaotic relationship, Diana was very much in touch with her sons and was able to keep a close and loving relationship with Harry.
Diana would drive them to and from school herself, take them out, and even walk with them around the streets of London just to give them a glimpse of the common life.
Proving how well she knew her sons…
…Diana once remarked that Harry is the tougher one and he’d get away with murder if he wanted to, as all eyes were focused on his older brother William.
Diana and Harry’s father Prince Charles divorced in 1996 after a much-publicized feud involving Charles’ ex-lover Camilla.
Tragedy struck when Harry’s mother died in a car crash in the early hours of August 31, 1997.
Prince William (brother)
Harry is the youngest of Wales’ two boys with the first one being William.
Since birth and up until today, Prince William has been second in line to the British throne.
The differences between the two brothers were interestingly like a plot of a cheesy movie, actually.
Where Harry is the cool, rebellious athletic son, William is the dutiful one who excelled in his studies.
Like Harry, William studied in Eton instead of Gordonstoun, showing interest in arts and history.
… William took a gap year where he joined the British army as a helicopter pilot and worked on a dairy farm.
Then he entered the University of St. Andrews where he was to meet his future wife, Catherine Middleton.
The two had a long on and off relationship which ended up at the altar of Westminster Abbey in 2011.
For a couple of years, the trio consisting of William, Kate, and Harry was very popular and loved by many people.
Meghan Markle’s Previous Relationships
Trevor Engelson (ex-husband)
Meghan Markle began dating actor and producer Trevor Engelson in 2004. Theirs appeared to be a happy union which lasted for 7 years before deciding to finally tie the knot.
The couple had a beachfront wedding on September 10, 2011 in the heavenly Jamaica Inn in Ochos Rios, Jamaica.
The wedding may not be as lavish as the 2018 Royal one, but Meghan’s first wedding was as lovely with 107 guests and a divine view from the Jamaica Inn.
The couple divorced just 2 years after their wedding.
It’s reported that the Hollywood couple’s individual schedules were to blame, with Meghan’s filming commitments in Toronto, Canada, and Engelson’s LA career.
But according to the couple’s friends…
…the two didn’t really have any huge fights and the split was so abrupt that it took Trevor by surprise.
So abrupt – as Meghan sent her wedding ring back with a letter in the mail.
Doria Ragland (mother)
Born on September 2, 1956, Doria Ragland was an American makeup artist, businesswoman, social worker, and Yoga instructor.
After high school, Doria worked as a makeup artist and that was around the time she met Meghan’s father Thomas Markle.
Ragland completed her degree in Bachelor of Arts and went on to achieve a Masters degree in 2011.
Doria married Thomas in December 1979 and divorced in 1987 and was often seen accompanying her daughter to public events following her engagement to Prince Harry.
Thomas Markle (father)
Thomas Markle, who was born on July 8, 944, was an American TV lighting and photography director, now in retirement.
Raised in Newport, Pennsylvania, his family’s father’s side (formerly called Meckel) claims that they originated in the 18th century from Lampersloch, now a part of Bas-Rhin, France.
Thomas had a career as a well-known lighting director for WTTW-TV Channel 11 in the 1970s.
In 1975, he was awarded the Outstanding Achievement for Individual Excellence by the Chicago/ Midwest Emmy Award and in 1982, Daytime Emmy Awards bestowed him the Outstanding Achievement in Design Excellence for a Daytime Series for his work on the TV series General Hospital.
Thomas had a first wife named Roslyn Loveless with which he fathered two children, Thomas Jr. and Samantha, who would be Meghan’s step-siblings.
The couple divorced in 1975 and in 1979, he married Doria Ragland.
Meghan and Thomas had a close relationship when she was young.
For 10 years, Meghan would go straight to the set of “Married…with Children” where her father worked.
Thomas supported his future Duchess daughter until she went to Northwestern University to study where she double-majored in Theater and International relations.
But their relationship soured just when Meghan was about to get married to Prince Harry.
In a statement, Meghan announced that her father won’t be attending the ceremony due to his health problems.
Her father made waves by admitting to staging paparazzi shots ahead of the wedding just to show everyone that he’s perfectly alright.
Their relationship didn’t get any better after the wedding after he published his daughter’s letter for him.
Prince Harry and Meghan’s Child
On May 6, 2019, The Sussexes’ first child, Archie Harrison Mountbatten-Windsor was born.
Being Queen Elizabeth’s 8th great-grandchild, little Archie is one of the royal babies who weren’t given royal titles. The other ones in the same category would be Princess Eugenie’s son and the grandchildren of Princess Anne.
Meghan Markle’s Career
(Played Rachel Zane 2011-2018)
Meghan Markle’s Movies
A Lot Like Love (2005)
Harry and Meghan Career Earnings By Year
We know that former actress Meghan Markle’s income was much easier to track compared to Prince Harry’s as the Royal Family’s financial records are super guarded and private.
On the other hand…
After Meghan wedded the prince, she was no longer allowed to work as a professional, which put her entirely beholden to the crown.
$450,000 yearly funds from Diana’s estate, around $3 million from the Duchy of Cornwall, and $50,000 annual income from the British Army were where the couple’s income came from before being financially independent.
Harry may also still have been benefitting from the $10 million inheritance his mother, Princess Diana left him.
Oh and I almost forgot the allowances from Harry’s father, Princes Charles, to cover their wardrobe and travel expenses.
After cutting ties with the Royal Family…
The couple is now earning their own money and by the looks of it, they won’t be running out of moolah anytime soon!
Just a little after they left England, the Sussexes were able to bag a million-dollar Netflix deal! The amount is still undisclosed but The New York Times revealed that it’s around $100 million.
But that’s not all.
Aside from Netflix, Harry and Meghan also took to Spotify to work on a podcast where they’ve been “…talking to some amazing people, they’re going to share their memories that have really helped shape this past year which has been, as we know, a difficult one for everyone.”, according to Meghan.
Their Sportify podcast premiered on December 2020 with a pilot episode called 2020 Archewell Avedio Holiday Special.
And insiders say…
…that this couple isn’t planning on slowing down anytime soon as they’re also reportedly talking to Disney and Apple!
Now here’s how Harry and Meghan Markle estimated and disclosed income including their allowances stacked up over the years.
|Year||Net Worth $|
Harry and Meghan Markle Scandals & Controversies
The Oprah Moment
On March 7, 2021, they shocked the world with their sit-down interview with none other than Oprah Winfrey….which, by the way, makes it more intriguing.
In the interview, Meghan promised no stone left unturned. She and her husband Harry tackled very controversial topics pertaining to the Royal family.
Now hold on to your horses…
…because these topics include the issue of Meghan’s alleged bullying of the palace staff, claims of being suicidal and a victim of racism within the palace, Archie’s titles and protection…
…and yep, you’ve guessed it…
Meghan also claimed that while it was reported that she made the Duchess of Cambridge, Kate cry in 2018, it’s actually the other way around.
It’s such a bombshell that some royal analysts dubbed it the worst royal crisis since the annus horribilis in 1997.
And Harry’s beloved grandpa, Prince Philip’s being confined in the hospital while the interview made waves didn’t help.
Days after the bomb was dropped, the Her Majesty The Queen finally issued a statement saying that the family will resolve the matter privately and they all love Harry and Meghan.
What a rollercoaster ride.
The Daily Mail lawsuit
In 2019, Prince Harry filed a lawsuit against the Daily Mail for incorrect information and defamation of his wife.
The couple won the case and accepted an apology while the said tabloid issued a correction and paid damages.
This stemmed from an article that stated Harry had turned his back on his prized military associations.
But it wasn’t their first.
Meghan was already suing tabloids for publishing her letter to her estranged father in 2018.
Thrice the Nannies
In the advent of the hot and sizzling Oprah interview and the issue of Meghan’s alleged bullying of household staff, some people can’t help but notice how the couple’s nannies just don’t last long with them.
…at the beginning of the marriage, Harry and Meghan announced they weren’t taking any household staff because they didn’t want to follow the Cambridges’ footsteps and they love their privacy too much.
But lo and behold.
They’ve apparently had 3 nannies for Archie since his birth.
The first one was hired as a night nurse. But on her second night, it’s reported that she was forced to leave in the wee hours because she was “unprofessional and irresponsible.”
The couple also reportedly had some troubles with the second one as they were still feeling paranoid because of nanny number 1.
During her pregnancy between 2018 and 2019, social media communities decided that Meghan was cradling her baby bump too much and that it was annoying.
According to the majority, Meghan seemed to be cradling her bump too much as if someone was going to snatch it! For some, it’s Meghan’s thirst for attention and others say that it’s just a mother’s instinct.
And it gets worse…
…because rumors that the duchess of Sussex was just faking her pregnancy surfaced.
Images of her with a seemingly lopsided bump that sometimes even looked like it’s hanging too low, peppered the whole of the internet.
In the end…
…Archie popped out but some are still insisting that he’s just a surrogate son.
The Tiara Tantrum
Lots of crazy tales surfaced before and after Harry and Meghan’s high profile wedding.
One of these was about Meghan’s choice of tiara.
It’s a custom in the royal family for the Queen to give or lend a royal bride one of the family’s tiaras to be used in the wedding.
Meghan was given the minimalist but fabulous-looking Queen Mary Bandeau Tiara.
…Meghan didn’t like it and wanted the emerald tiara that’s reserved for Princess Eugenie for her wedding day.
Ever so devoted, Harry talked to the Queen but irked, the Queen remarked that he must let Meghan know that she can’t get everything that she wants and she’ll wear the tiara that’s given to her by the Queen.
How Harry and Meghan Spend Their Money
Harry and Meghan Houses
Electric jaguars, private jets, and a newly renovated Frogmore palace were just some of the luxuries that Harry and Meghan left upon cutting ties financially from the crown.
But they’re far from poor…
…as the ex-senior royals apparently started their independent life with a bang by buying a 9-bedroom home with not just 10, but 16 bathrooms!
Settling warmly and cozily in the private comforts of Santa Barbara in the heart of Montecito, California, their 7.4-acre compound consists of the main house in the Mediterranean style, a library, gym, separate wet and dry saunas, an elevator, arcade, games room, and home theater.
Apart from these…
…it also features a “tea house,” a “children’s cottage,” tiered rose gardens, century-old olive trees, and tall Italian cypresses.
The estate was built in 2003 and sold for $25 million in 2009.
When the previous owner attempted to sell it for $34.5 million in 2015 and failed, it was sold for much less to the Sussexes – for just $16.97 million.
In 2019, the couple received backlash for traveling in private jets while lecturing about climate change.
And to make it worse…
…the next year, they’re spotted driving a luxury Cadillac Escapade which further enraged environmentalists. Turned out, the car is listed among the 10 worst cars for the planet as per the Environmental Transport Association.
Next, the Sussex lovebirds were seen near their Californian estate driving another luxurious car, a £170,000 Range Rover.
Now here’s where it gets interesting…
This range rover is known to be the British Royal Family’s favorite car.
Hmmm…do I smell someone missing home?
Harry and Meghan Philanthropy
During their time as working royals, Harry and Meghan were patrons to countless charities. But upon leaving the arena, they had to let go most of them to be redistributed among the working royals.
The Duchess of Sussex chose 2 charities and 2 organizations to continue working with, namely animal welfare charity Mayhew, Smart Works, The National Theatre and The Association of Commonwealth Universities
Prince Harry remains the patron of Invictus Games Foundation, children’s charity WellChild, and Rhino Conservation Botswana.
- Apparently, Prince Harry started drinking at age 12 and smoked his first cigarette when he was 8 years old.
- Harry loved partying at his father’s country house in his Eton days. As a result, that particular house was given the nickname “Club H.”
- Harry actually had a Facebook account under the fake name of Spike Wells until the royal advisors advised him to shut it down after his naked affair in Vegas.
- The redhead prince is actually a huge Star Trek fan – sorry Star Wars nerds!
- 11-year old Meghan Markle once wrote to Procter & Gamble to gender-neutralize a dishwashing soap commercial. After 3 months, the P&G changed the commercial according to the little girl’s request.
- The future Duchess started doing yoga when she was 7 years old, with the help of her Yoga instructor mom
- Harry and Meghan met during a blind date and had their second date the day after.
- It’s okay to go out of the box sometimes
- It’s never too late to change the world you grew up in
- Nothing beats being financially independent
- Privacy is always the key to a peaceful life
- Race, color, belief, and culture are not hindrances to true love
- “This geographic balance will enable us to raise our son with an appreciation for the royal tradition into which he was born, while also providing our family with the space to focus on the next chapter.”- The Duke and Duchesses Instagram ‘announcement
- “This is for us. This is what makes it special, that it’s just ours.” – Meghan
- “I left my career, my life. I left everything because I love him. Our plan was to do this forever.” – Meghan Markle
Frequently Asked Questions (FAQ’s)
How long was the Oprah interview?
The interview was two hours long.
Is Harry no longer a Prince?
Upon stepping down as a senior royal, Harry is no longer allowed to use his HRH title anymore but still remains firmly in the line of succession to the throne.
Do Harry and Meghan still get paid?
As they’re no longer working royals, they don’t have any income from the royal purse anymore and are free to pursue whatever profession they wish.
Conclusion: Meghan & Harry Net Worth
You’ve just read about one of the most chaotic and interesting royal partnerships in modern history.
I’m sure you’ll agree that Prince Harry and Meghan journey so far is more thrilling than your usual princess story.
Despite all the negative light shone on them…
…we can’t deny that it totally rocks to be able to pursue whatever you like in life.
…that is, if you’re a well-known prince or an actress.
Oh, and always remember to be nice to your grannies, kids!
We hope you enjoyed this article.
Put the Bounce in your Mojo today!