Prince Harry Net Worth: How Much Worth Does He Have?
Meghan Markle is the wife of Prince Henry. She is better known as Meghan, Duchess of Sussex. She is a very active philanthropist and humanitarian. Before she got married and moved back to the U.S. to start a new life with her family, she was a successful actor on the hit show “Suits” for seven seasons and ran her lifestyle and fashion blog called The Tig.
Prince Harry’s Net Worth
Prince Harry’s net worth is $60 million. He is a member of the British royal family and is a prince. Prince Charles and Princess Diana Spencer have a son named Harry (Princess of Wales). Queen Elizabeth II and Prince Philip, Duke of Edinburgh, are Harry’s paternal grandmother and grandfather. If their father becomes King, his brother, Prince William (Duke of Cambridge), will take over as King.
Harry’s $30 million personal net worth came from a trust fund set up by his late mother Diana before he left the Royal family in 2020. More information about this trust fund will come later, but when William and Harry turned 25, they each inherited trusts worth $30 million.
When their great-grandmother died in 2002, William and Harry also had a lot of money.
After Harry left the Royal family, he and his wife Meghan Markle signed production deals worth about $120 million, mainly with Netflix and Spotify. Harry also agreed to make a show about mental health for Apple TV+ with Oprah Winfrey.
They felt they had to sign the deals because they couldn’t send money to his family in England. When he was younger. Harry’s dad paid about $4 million yearly for his son to have staff and security.
Markle was financially stable before she got married to Prince Harry. Her estimated net worth was around $5 million. In 2018, Prince Harry had about $20 million. Most of it came from a trust fund his late mother, Princess Diana, set up for him. In the past few years, the couple has done well financially. Some good things have come from leaving the royal life behind for what has been called Megxit.
Celebrity Net Worth said that the couple’s net worth as of March 2021 was about $60 million, but that’s just the tip of the iceberg. After giving up their royal duties, the couple made a $100 million deal with Netflix to produce shows for kids, documentaries, and full-length movies. They also got $18 million from Spotify for a three-year deal to make podcasts.
After giving up being royal in 2020, they left their stately English home and bought a $14.7 million estate in Montecito, California. Public records show they used a $9.5 million mortgage loan to pay for the house.
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Henry Charles Albert David was born in Paddington, London, UK, on September 15, 1984. No one has a last name in the royal family. In 1992, Prince Harry’s mother and father split up. The end of their marriage didn’t happen until 1996. The following year, Princess Diana was killed in a terrible car accident in Paris. Prince Harry was 12, and Prince William was 15.
Even though Prince Harry has had his share of bad press, he made up for it when he went to the Royal Military Academy Sandhurst in 2005. He joined the Alamein Company and went through officer training to become a Comet (second lieutenant) in the British Army’s Blues and Royals regiment, which is part of the Household Cavalry.
The prince was sent to Iraq in 2007. He was made a lieutenant in 2008. Prince Harry agreed with the move, saying, “There’s no way I’m going to go through Sandhurst and then sit on my arse at home while my boys are out fighting for their country.
General Sir Richard Dannatt, who was in charge of the British Army then, thought that Harry would be a “high dollar target” if he went to Iraq. As a soldier, Prince Harry went by the name “Lieutenant Harry Wales.”
In 2018, Prince Harry and Meghan Markle got married. Soon after they told everyone, they discovered they would have their first child together. Meghan had a baby boy in May 2019. His name is Archie, and he is seventh in line to the British throne.
The Diana Trust Fund
Charles gave Diana a $24 million settlement when they broke up. After she died, the money was put in a trust so William and Harry could get it when they turned 25. By the time they were both 30, the confidence had grown to the point where each son had earned $20 million from it. Considering inflation, that’s the same as about $40 million today.
Harry will not get any money from a trust called the Duchy of Cornwall, which has made his father very rich and will make William very rich in the future.
In 1337, King Edward III set up a trust to help the next person who would be King of Britain. Today, the Duchy owns a portfolio of real estate worth $1.3 billion, which brings in $20–30 million after taxes for the Crown Prince every year. As long as Queen Elizabeth is on the throne, Charles, Harry’s father, will get the money. When Charles becomes King, it will be to William’s advantage.
After announcing that they were giving up their royal duties, Harry and Meghan spent some time in Canada before moving to a house owned by Tyler Perry in Southern California for a few months. In August 2020, it was made public that Harry and Meghan bought a $14.7 million home in Montecito, California, near Santa Barbara.
Harry and Meghan signed a “mega deal” with Netflix for five years on September 2, 2020. With this deal, Harry and Meghan will start a production company that they will use to make scripted shows, documentaries, and shows for kids. The deal could be worth as much as $150 million, it was said.
In December 2020, it was reported that Harry and Meghan had signed an $18 million deal with Spotify to make podcasts for three years.
Frequently Asked Question
What Does Prince Harry Do Now to Make Money
Meghan and Harry can work with big companies to build their brand because they are well-known. For example, they made deals to make content with Netflix and Spotify, which are two of the most important streaming services. Meghan and Harry also started working for Penguin Random House, which sells books.
How Much Does Prince Harry Have Right Now?
Landscape Insight says Prince Harry has a net worth of £47.8 million (about $60 million) as of May 10, 2022. Before the couple gave up their royal duties, almost all of their money came from the Crown Estate.
How Much Does Meghan Markle Make?
So, Prince Harry and Meghan have a nest egg of about $5 million, which is surprisingly small—at least for now. Including the value of their home in Montecito, their estimated net worth is about $10 million. 26-Feb-2021