Meghan Markle and Prince Harry’s net worth

Meghan and Harry's combined net worth, according to Forbes, is $10 million, which includes the value of their current house in Montecito, California.

She and Prince Harry have landed several lucrative jobs after leaving the royal house, including a three-year podcasting contract with Spotify, Archewell Audio, which Forbes estimates may be worth $15 million to $18 million. They also signed a multi-year contract with Netflix.

Meghan's net worth was reported to be $2.2 million in May 2019 by Forbes, based on her salary from the USA reality program Suits. The duchess earned an estimated total of $57,500 per episode in her role as paralegal Rachel Zane. She had roles in films such as Remember Me and owned her own fashion site, The Tig, before marrying Harry.

According to Money, Harry's net worth was reported to be between $25 million and $40 million in May 2019.

During a sit-down interview with Oprah Winfrey, Harry announced that he and Meghan were cut off financially from the royal family in early 2020, but that they were able to survive off of an inheritance he received from his late mother, Princess Diana.

Princess Diana left him wealth, as did the Queen Mother, his great-grandmother. According to Forbes, Princess Diana left her sons a $10 million inheritance, which they got in the form of $450,000 yearly dividends. When they turned 30, they were given the entire amount.

The Sovereign Grant is no longer a source of income for Harry and Meghan. The duke and duchess posted on their website that they “prefer to release this financial tie” as they cut down their positions in the monarchy when they declared their retirement. Harry had also made a living as a British Army lieutenant, earning about $50,000 per year, according to Town & Nation.

He and Meghan will also cash in on a contract with Harry Walker Agency, who also represents the Obamas, for public speaking gigs, in their post-working-royal lives. According to The New York Times, fees for each speech are projected to be $1 million, and the duke is supposed to speak on mental health and grief.

Security costs

The annual defense bill for Prince Harry and Meghan Markle is expected to be between $2 and $3 million. The couple and their children need 24-hour protection. To keep their Santa Barbara mansion secure, they'll probably need a mix of security guards and electronic devices. They'll even require a reconnaissance squad to scope out potential destinations before they arrive. They will also require drivers to safely accompany them. They'll still need a squad to track social media, stay in contact with local law enforcement for any possible attacks, and recruit people who look like Harry and Meghan to get the paparazzi off their tracks. This is serious business for Prince Harry, who lost his mother in a car accident in 1997 while being chased by paparazzi – who, despite being the most popular woman in the world at the moment, had her royal protective detail removed in her divorce from Prince Charles.

Regardless of who Harry and Meghan employed for protection, they must have evaluated their houses, the architecture of their home, the wildlife in the area, and the possibility of natural disasters such as wildfires and earthquakes, which are frequent in California. Drones will be used to secure the property's perimeter in order to discourage intruders. The employees of Harry and Meghan would also have to be carefully vetted.

Netflix deal

Prince Harry and Meghan Markle revealed earlier last year that they had established Archewell, a production agency, and had signed a contract with Netflix.

The pair is expected to produce movies, docuseries, feature films, scripted programs, and children's programming as part of the deal.

The Duke and Duchess of Sussex have stated that their new venture will be focusing on creating content which both informs and inspires.

According to Variety, the pair said in a statement that “Our lives, both independent of each other, and as a couple have allowed us to understand the power of the human spirit: of courage, resilience, and the need for connection. Through our work with diverse communities and their environments, to shining a light on people and causes around the world, our focus will be on creating content that informs but also gives hope .”

“As new parents, making inspirational family programming is also important to us, as is powerful storytelling through a truthful and relatable lens. We are pleased to work with Ted and the team at Netflix whose unprecedented reach will help us share impactful content that unlocks action.”