Since Prince Harry and Meghan Markle's departure from the Royal Family almost four years ago, the Duke has navigated various financial endeavors, experiencing both challenges and successes.
The royal couple made headlines when they relocated to the upscale neighborhood of Montecito, California, in 2020. Subsequently, they inked lucrative deals with major entertainment platforms such as Netflix and Spotify.
In 2020, the Sussexes signed a groundbreaking $100 million deal with Netflix, leading to the production of several projects, including the 2022 documentary "Live to Lead" and a six-part docuseries. Prince Harry's most recent venture includes the release of "Heart of Invictus" in August, a documentary highlighting the annual Invictus Games.
Meghan Markle, the former Suits actress, entered the podcasting world with a $20 million deal with Spotify, hosting a 12-episode show titled "Archetypes" before the deal was terminated by the music streaming platform in June.
Aside from entertainment ventures, Prince Harry earned millions from the release of his bombshell memoir, "Spare," in January. Additionally, he took on the role of Chief Impact Officer for the Californian firm BetterUp in March 2021.
As a senior member of the Royal Family, Harry and Meghan's annual income reached approximately £5 million or $6.9 million, covering wardrobe, travel, security, and private expenses. However, this funding ceased when they stepped down from their royal roles, including the security funded by taxpayers' money.
Prince Harry acknowledged that his move to the U.S. was made possible by the £13 million fortune left by his late mother, Princess Diana, and reportedly inherited a substantial amount from his great-grandmother, the Queen Mother.
The Duke's financial journey underscores the shift from traditional royal income to strategic partnerships and independent ventures, reflecting a multifaceted approach to financial stability post-royal life.
