Delving into the Earnings and Royal Fortunes: Prince Harry’s Net Worth Revealed
From british royal palaces to the glitzy world of American entertainment, Prince Harry ‘s (39 years old) sudden shift in location and vocation has sparked intrigue worldwide. As the Duke of Sussex transitions from his royal duties in the UK to pursuing personal projects and business ventures in the US, questions about his financial status are continually flying.
So, just how much is the rebellious royal worth? Let’s unveil the monetary tales of this intriguing royal personality!
Prince Harry’s $60 Million Net Worth Decoded
The net worth of Prince Harry, the Duke of Sussex, is estimated to be around $60 million. This figure does not stem from one particular source but is derived from a culmination of wealth and resources pertaining to his royal lineage and personal endeavors.
A significant portion of Harry’s fortune is from the inheritance left behind by his late mother, Princess Diana. Diana, Princess of Wales, left an estate worth an estimated £21.5 million after her untimely death in 1997.
After taxes, the inheritance was split equally between Prince Harry and his older brother, Prince William. Prince Harry was just 12 years old at the time of his mother’s tragic death. He received his share of the inheritance when he celebrated his 30th birthday.
In addition to this lump sum inheritance, the Duke of Sussex also benefitted from an annual allowance facilitated by his father, Prince Charles. This income was sourced from Prince Charles’s income from the Duchy of Cornwall, a private estate handed down to the heir to the British throne.
Until his departure from royal duties, this allowance covered Harry’s public and private life expenses and contributed significantly to his overall net worth.
Prince Harry’s Best Selling Memoir
Prince Harry’s highly anticipated memoir, Spare, made waves upon its release, selling in excess of 3.2 million copies across all formats – print, audio, and digital, within the initial week of publication, as reported by AP News. This best-selling memoir is speculated to be part of a lucrative multi-book deal estimated at $20 million, based on The New York Times’ reports.
An amount of $1.5 million from the book’s proceeds has been generously donated by Harry to Sentebale, a cause close to his heart, which supports children and young people affected by HIV in Lesotho and Botswana.
- 19 min reading time
- audio version available
Media Collaborations: Netflix and Spotify
Since their departure from the UK, the couple has made significant moves in the entertainment industry. This includes an array of interviews and a Netflix documentary presenting an in-depth look into their decision to renounce royal duties.
In 2020, the duo inked a $100 million contract with Netflix to produce various forms of content, including documentaries, scripted shows, feature films, and children’s programming, as cited by Forbes. Their documentary, Harry & Meghan, shattered Netflix’s documentary viewing records with a whopping 81.55 million global hours in its debut week, reported by People.
They also served as executive producers for the Netflix docuseries Live to Lead, featuring interviews with global leaders like Ruth Bader Ginsberg and Greta Thunberg. As per Vanity Fair, the Duke and Duchess signed an estimated $25 million multi-year deal with Spotify in December 2020, promising exclusive content through their production company, Archewell Audio.
Reportedly, their introductory podcast on Spotify, Archetypes by Markle, climbed swiftly to number one following its release in August 2022, as stated by Variety.
Prince Harry’s Future Inheritances
Prince Harry awaits future wealth, although how much more he will inherit remains uncertain. His late mother left him half of her £21.5 million estate (around $28 million), and he also stands to inherit part of an extensive fortune from his father King Charles of England.
However, Prince Harry was excluded as a recipient of the $100 million inheritance originally designated for grandchildren of the Royal family by his great-grandmother, the late Queen Elizabeth II.
Prince Harry’s Salary
As of this moment, Prince Harry does not receive a ‘salary.’ Prior to their move to North America, Prince Harry and his brother, Prince William, jointly received £5 million (approximately $7 million) annually from the Duchy of Cornwall.
However, post his royal exit, Prince Harry’s income has become more self-sufficient, based significantly on multimillion-dollar contracts with media companies such as Netflix and Spotify.
From being a prince amid the royal complexities of Britain’s monarchy to forging financial independence with his wife, Meghan Markle, has been both intriguing and bold. If you’re keen on learning more about Prince Harry’s personal narratives, his memoir, Spare, is available on Blinkist.
It provides more depth to his financial journey amid riveting personal events. Don’t miss this gripping story – use your free 7-day trial on Blinkist to delve into the memoir that has everyone talking.