Tbt to when Prince Harry and Meghan Markle blew everyone’s minds by agreeing to a tell-all interview with Oprah after officially stepping away from being senior royals and becoming “financially independent.” (Cool-cool, sure, same.) In fact, their exact words when they made the decision were: “We intend to step back as ‘senior’ members of the royal family and work to become financially independent while continuing to fully support Her Majesty the Queen.” Well...apparently this announcement went down without any heads-up given to the palace—and Harry said at the time that he and Meghan were “cut off” financially. So naturally, that brought up questions about what that meant exactly and what kind of net worth the Duke and Duchess of Sussex were working with.
In a Q&A posted to their website in January 2020, Meghan and Harry explained that they, “Value the ability to earn a professional income, which in the current structure they are prohibited from doing.” Fast-forward to now, and we obviously know that the two probs *majorly* cashed in on their six-part docuseries c/o Netflix (along with other projects they've got in the works with the streamer 👀). Plus, not only is Meghan’s net worth huge, but Prince Harry is also wildly rich—let’s break it down:
Princess Diana Left Him an Inheritance
According to Forbes, Princess Diana reportedly left both Prince William and Prince Harry $10 million after taxes, and they started receiving annual dividends at age 25 to the tune of $450,000 a year. That’s a lot to live on—even for a fancy royal. (Psst: Diana also left her boys a gorgeous collection of jewelry, although I think we can all agree it’s fully priceless.)
^ Price-less.
He Got an Air Corps Salary
Forbes also reports that Harry was earning between $50,000 and $53,000 as a helicopter pilot for the army, which is way less than his other income streams but still a ton of money!
He Has (Or…Had) a Trust Fund From His Great-Grandma
In 1994, the late Queen Elizabeth’s mom, the queen mother, placed two-thirds of her money (an estimated £19M, wowowow) into a trust fund for her great-grandchildren, including William and Harry. The Guardian reports that the brothers split about £6M of this trust at age 21, and believe it or not, Harry took the majority of that money to “compensate for not becoming sovereign.”
However!! It’s unclear whether Harry was cut off from this money after he and Meghan stepped back as senior royals...
He Could Be Even Richer at Age 40
William and Harry are supposed to split another £8M of the queen mother’s trust fund when they hit 40, while her other grandchildren who are farther down the line of succession (like Eugenie and her sister, Beatrice) will get a few million pounds each. Again, it’s unclear whether or not this is still happening for Harry given his ~royal developments~ over the past few years.
He and Meghan Signed Deals with Netflix and Spotify
In a newer turn of events, Prince Harry and Meghan Markle inked lucrative deals with both Netflix and Spotify after they resigned from being senior royals. Reports in the time since claimed the Netflix deal is worth a whopping $100 million, although TBD on how much of that the couple sees directly.
P.S. In the time since, they cut their 'ship with Spotify, but something tells us that they def got majorly compensated for the work they did on Archetypes.
So, What’s Prince Harry’s Net Worth?
According to Celebrity Net Worth, that’d be $60 million, which is up a whopping $10 million since the last time we reported on his #funds back in March 2021. *Le sigh* Brb, thinking of ways to scam my way into becoming Archie and Lilibet's nanny!
