Prince Harry’s finances have been in the public eye since he met Meghan Markle, and his earnings have only grown since they moved to the US.
Before meeting Meghan, Harry’s net worth was nearly £35 million, mostly from his inheritance from Princess Diana and investments in trust funds.
He also received an estimated £2 million annually from the Sovereign Grant and £2.3 million annually from his father’s estate, the Duchy of Cornwall.
In total, his personal wealth before meeting Meghan was around £34.6 million, and he also received perks such as accommodation and security.
Since leaving the royal family in 2020, Harry and Meghan have signed lucrative deals with Netflix, Penguin Random House, and Spotify, which have brought in an estimated £100 million.
The couple claimed that they needed to make these deals to pay for their security since Harry was cut off financially by King Charles. However, the Royal Family refuted these claims, stating that they continued to fund the couple until the summer of 2020.
Despite their wealth, Harry and Meghan have had a strained relationship with Harry’s family. Since moving to the US, they have diversified their income sources by creating films, podcasts, and books.
Their four-book deal with Penguin Random House is worth upwards of £16 million, and Prince Harry’s memoir, Spare, sold 3.2 million copies in its first week. They also signed an £81 million deal with Netflix and a £25 million deal with Spotify.
Expenses for their personal security detail in California have reportedly cost between $2-3 million annually, and their mansion in Montecito, California, is valued at £11 million. Despite their increased earnings, tensions with the Royal Family appear to have continued.
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