What is Prince Harry Net Worth?

Prince Harry’s Impressive Net Worth in 2024

As of 2024, Prince Harry and Meghan Markle have transitioned from their roles as working members of the British royal family to pursuing various lucrative ventures. Their estimated net worth stands at a remarkable $60 million, according to Celebrity Net Worth. The couple has embarked on a series of high-profile deals, including documentaries, books, podcasts, and more, with a combined estimated value of $135 million, as reported by Forbes.

Exploring Prince Harry’s Wealth

Prince Harry and Meghan Markle’s decision to step down as senior royals in 2020 marked a significant shift in their financial independence. They no longer receive financial support from the royal family, known as “The Firm,” which boasts a net worth of approximately $28 billion, according to Forbes. Despite this, the couple retains their titles as the Duke and Duchess of Sussex, bestowed upon them by the late Queen Elizabeth.

In a revealing interview with Oprah in March 2021, Prince Harry disclosed that they relied on the inheritance left to him by his mother, Princess Diana, after their departure from royal duties and relocation to Los Angeles. Princess Diana’s estate provided Harry with an estimated $10 million, as reported by The Telegraph.

Income Sources and Ventures

Prince Harry’s memoir, “Spare,” became a bestseller, selling over 3.2 million copies worldwide in various formats within its first week of release. The memoir is part of a rumored $20 million multi-book deal, as per The New York Times. Additionally, Harry generously donated $1.5 million of the book proceeds to Sentebale, an organization he co-founded to support children and youth affected by HIV in Lesotho and Botswana.

Meghan Markle also made her mark as an author with the release of her children’s book, “The Bench,” in 2021. She reportedly received an advance of approximately $618,000 (£500,000) for the book, according to The Telegraph.

Lucrative Deals and Collaborations

One of the couple’s major ventures post-royal life was signing a groundbreaking $100 million deal with Netflix in 2020. This partnership involved producing a range of content, including documentaries, docuseries, scripted shows, feature films, and children’s programming. Their documentary, “Harry & Meghan,” set a record on Netflix with 81.55 million global viewing hours in its debut week.

Furthermore, Prince Harry and Meghan Markle entered into a multi-year partnership with Spotify in December 2020, estimated to be worth $25 million. Their production company, Archewell Audio, created exclusive content for the platform, with their podcast “Markle’s Archetypes” reaching number one on Spotify after its release in August 2022.

Residence and Financial Independence

Harry and Meghan have established their home base in Montecito, Southern California, where they own a mansion valued at $14.7 million, according to Forbes. Their strategic moves post-royalty have not only solidified their financial independence but also enabled them to pursue diverse and impactful projects.

Frequently Asked Questions (FAQs) About Prince Harry’s Net Worth

1. How did Prince Harry and Meghan Markle increase their net worth post-royal life?

Prince Harry and Meghan Markle secured lucrative deals with platforms like Netflix and Spotify, ventured into book publishing, and engaged in various high-profile projects, significantly boosting their net worth.

2. What was the value of Prince Harry’s memoir, “Spare,” and how did he utilize the proceeds?

Prince Harry’s memoir, “Spare,” was part of a rumored $20 million multi-book deal. He generously donated $1.5 million of the book proceeds to the organization Sentebale, which supports children and young people affected by HIV.

3. What significant deals did Prince Harry and Meghan Markle sign with Netflix and Spotify?

In 2020, the couple signed a groundbreaking $100 million deal with Netflix to produce a variety of content. They also entered into a multi-year partnership with Spotify, estimated to be worth $25 million, to create exclusive podcasts through their production company, Archewell Audio.

4. How did Princess Diana contribute to Prince Harry’s net worth?

Princess Diana left an estimated $10 million to both Prince William and Prince Harry after taxes. This inheritance, along with other income streams, has been instrumental in Prince Harry’s financial stability.

5. Where is Prince Harry’s current residence, and what is its value?

Prince Harry and Meghan Markle reside in Montecito, Southern California, where they own a mansion valued at $14.7 million, serving as their home base for various personal and professional endeavors.