Following Complete Independence From The Crown, How Do Prince Harry and Meghan Markle Fund Their $60,000,000 Net-Worth?

Published 05/28/2023, 12:30 PM EDT

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The Duke and Duchess of Sussex Prince Harry and Meghan Markle stepped down as the senior working member of the royal family in the year 2020. The decision of transitioning into a new working model specially marked their independence from the British Crown in terms of finances and funding. In brief, it thus meant that the Sussexes will no longer receive funding from the Sovereign Grant like the other members of the House of Windsors. 

Taking great pride in their charitable endeavors and philanthropic activities, the Duke and the Duchess of Sussex decided to take their finances into their own hands. Although they still stay committed to carrying forward The Crown’s legacy in the Kingdom and the Commonwealth, they are now at liberty to earn professional income by working externally. And the decision thus far has not proven disappointing for the couple. 

According to Celebrity Net Worth via Investopedia, the two have a combined net worth of 60 million US Dollars. But how exactly did they make their millions?


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Whopping book deals and memoirs of Prince Harry 

Prince Harry’s groundbreaking tell-all memoir, Spare, contributed to a major chunk of their income in the present year. Soon after it hit the shelves, Spare sold over 3.2 million copies worldwide. Nonetheless, it does not end here. The book is only a part of a $20 million multi-book deal as reported by The Times.

Hold your horses since the Duke is not the only author in the house. A couple of years ago, Markle laid the groundwork by releasing a children’s book called The Bench in 2021. Just the advance payment of the book summed up to $618,000 according to sources. 


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Lucrative business with Media houses of Meghan Markle

These serve as some of the most controversial sources of income for the Sussexes, in the eyes of the media. The Duchess alone signed a multi-million partnership with Spotify in December 2020. The award-winning Archetypes alone, estimated to be a lump sum of $25 million, deals with Archewell Audio. 

Much before, the pair, together, signed a whopping $100 million contract with Netflix. The multi-million partnership produced the Bombshell Netflix chartbuster, Harry & Meghan, which sent shockwaves around the world about the royal family. 


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The Splendid Montecito Abode of the pair

According to trusted sources, the Santa Barbara estate home to Prince and Meghan Markle stands at $14.65 million. They bought the gem of this mansion in the early 2020s when rumors of their renunciation were already in the air. The California-based real estate is a splendid grandeur of a Mediterranean and Spanish Revival-style home. Months ago, the mansion hit a whopping $33.5 million for buyers in the market.


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What is your take on the matter? Do let us know in the comments. 




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Shraddha Das is a Hollywood News writer at Netflix Junkie. She was captivated by the power of storytelling and the written word at a young age, which led her to pursue a career in journalism. She has over 1000 articles to her name.