From Hollywood To Royalty: A Review of Meghan Markle’s Net Worth
From her early days starring in the hit television series ‘Suits,’ to her entrance onto the global stage as Duchess of Sussex, Meghan Markle (42 years old) has captivated the world with her grace, philanthropy, and inspiring journey. Her foray into the British royal family and subsequent departure, alongside her husband, Prince Harry, has made headlines across the globe, showcasing her resilience and dedication to creating her own narrative.
Yet, alongside her impactful societal contributions and personal transformations, there’s another aspect of Markle’s life that piques public curiosity – her net worth. In this article, we delve into Meghan Markle’s financial landscape, exploring the various facets that have contributed to her net worth and offering a comprehensive understanding of her financial journey.
The Facts Behind Meghan Markle’s $60 Million Net Worth
Predicted estimates diverging from various reliable financial institutions suggest that Meghan Markle (42 Years Old) may be ending 2023 with an impressive net worth in the range of $60 million. As a successful actress with a major breakout role in the popular television series ‘Suits’, Meghan’s past portfolio has furnished her with considerable remuneration.
Upon embarking on a new chapter of marital life and embracing a royal status, Meghan, alongside her husband Prince Harry, appears to have fostered an even more promising financial outlook. Their exclusive lifestyle in the United States has not shown any signs of budget-conscious hardship, and rightfully so, with the former actress’s net worth maintaining a robust standing.
Meghan and Harry are not the kind of couple that could ever be described as lacking opportunities to increase their wealth. Ever since their decision to step back from royally official responsibilities, the couple has been presented with a plethora of commercial opportunities that they’ve embraced with entrepreneurial flair.
These range from lucrative public speaking arrangements to collaborations with major corporations, and the couple have been strategic about leveraging their globally recognized names to bolster their financial status and independence.
Specifically, one of the most notable financial growth avenues for the couple includes their multi-year deal with Netflix, a partnership anticipated to generate millions. Further supplementing this is Meghan’s return to her roots in the entertainment industry with voiceover work, book deals, and an investment in a plant-based latte start-up.
The accumulation of these entrepreneurial ventures is a testament to the couple’s drive to maintain their financial autonomy while also serving their philanthropic interests. Their business-savvy approach, combined with their continued earnings from past projects, is set to secure their net worth well into the future.
From TV Royalties to Real-Life Royalty
In her pre-royal life, Meghan Markle was a talented actress known for her role in the popular legal drama ‘Suits.’ Airing on the USA Network for nine seasons, the show accounted for a large chunk of Meghan’s earnings during her acting career.
The show’s success not only spotlighted Meghan’s acting prowess but also significantly amplified her financial status. As per trusted network sources, Meghan was raking in around $50,000 per episode, and with multiple seasons, this clearly made a substantial impact on her financial well-being.
Remarkably, Meghan’s departure from the show has not severed her monetary ties with ‘Suits.’ Even after she bid adieu to Rachel Zane, her on-screen character, Meghan continues to garner income from her time on the show through the concept of TV royalties. This means that every time an episode of ‘Suits’ in which Meghan appears is aired, she receives a certain percentage of the earnings, further fueling her post-acting career net worth.
It’s a common practice in the television industry and one that continues to financially benefit Meghan to this day, adding a steady stream to her and Harry’s combined net worth.
Meghan Markle’s Net Worth Before Her Royal Marriage
Before she met and married Prince Harry, Meghan Markle was paving her own path in the world of acting and was estimated to have accumulated a net worth of approximately $5 million.
Apart from ‘Suits,’ Meghan was also the face behind the successful lifestyle blog ‘The Tig,’ which acted as a curated hub of food, travel, fashion, and beauty insights. Meghan’s entrepreneurial prowess shone through the blog, contributing a significant income chunk to her net worth.
On top of this, she also had numerous roles in various films and shows aside from ‘Suits,’ further supplementing her income. Additionally, Meghan also earned revenue through strategic endorsements and brand collaborations, capitalizing on her growing fame and popularity.
Undeniably, her pre-marriage earning channels showcased both her entrepreneurial acumen and her acting talents, culminating in a significant net worth that laid a financially healthy foundation for her future.
Harry and Meghan’s $120 Million Combined Net Worth
Harry and Meghan’s decision to step back from royal duties in early 2020 marked the couple’s pursuit of financial independence. As of 2023, the projected combined net worth of Prince Harry and Meghan Markle is estimated to be around $120 million. It’s important to note that this hefty sum doesn’t solely depend on Meghan’s acting career or even their recent business deals.
Prince Harry’s individual net worth, estimated at around $50 million before his marriage, contributes significantly to the couple’s combined wealth. His wealth largely came from his inheritance from his mother, Princess Diana, and his great-grandmother, Queen Elizabeth, the Queen Mother. Part of his wealth also originates from the yearly allowance he received from his father, Prince Charles, through the Duchy of Cornwall.
On the other hand, Meghan Markle entered the marriage with an estimated worth of $5 million, mostly amassed through her success as a television actress, particularly from the legal drama ‘Suits.’ Upon their departure from royal duties, Meghan and Harry signed lucrative deals with companies like Netflix and Spotify, which have been instrumental in propelling their wealth. Their production company, Archewell Productions, and podcast platform, Archewell Audio, are both significant streams of income for the couple.
Meghan Markle’s net worth, accumulating from various endeavors, reflects a fascinating journey from acting to royalty and again back to the entertainment industry with successful ventures.
For more insights into their royal life and transition, Prince Harry’s book, ‘Spare,’ available on Blinkist, is a must-read. The book offers a first-hand account from the Prince’s perspective and will be a riveting experience. Don’t forget that there is a free 7-day trial on offer, so you can get started on your royal reading journey right away!
Spare
- 19 min reading time
- audio version available
