In January it will be three years since Prince Harry and Meghan Markle announced their retirement as members of the royal family, saying they wanted to be “financially independent.”
What is Prince Harry’s net worth? Read on to find out all the details of the prince’s financial situation.
1) What is Prince Harry’s net worth?
Before he left London, the Duke of Sussex was worth between $25 million and $40 million, according to Celebrity Net Worth. But now he and wife Meghan Markle have a combined net worth of $60 million.
2) How much money did Prince Harry inherit?
In the 1990s, Queen Elizabeth (aka the Queen Mother) established a trust fund for her great-grandchildren. At age 21, Prince William and Prince Harry split the first half of their share, which amounted to about £6 million (about $7.8 million).
The brothers will share another dividend when Prince Harry turns 40. The second payment is estimated at £8 million (about $10 million), although we highly doubt Prince William will be as generous next time.
Princess Diana also left money to her two children. The princess established a $10 million trust fund (after taxes) for Prince William and Prince Harry, which began receiving payments at age 25. Forbes estimates the annual checks at about $450,000.
3) Does he have a salary?
Prince Harry had a salary when he served in the military. According to Forbes, he earned between $50,000 and $53,000 for his work as a helicopter pilot. Since he technically has no accounts, we would not be surprised if all this money ended up in his savings.
Prince Harry also received an income just for being a member of the royal family. Five percent of his income came from the Sovereign Grant, a lump sum of taxpayer money given annually to the monarch.
The rest (95 percent) came from the Duchy of Cornwall, a private estate managed by Prince Harry’s father, King Charles. While the exact figure is unknown, it appears to be a generous amount, as the Sovereign Grant will have raised £49.3 million (about $64.3 million) in the 2018-2019 financial year.
4) Earned from the Netflix series “Harry & Meghan?”
Although the exact figures are unknown, it is likely that Prince Harry and Markle received a generous salary for their participation in the Netflix series “Harry & Meghan.” Whether it was part of a contract or a separate payment, it was probably a large sum.
5) What is Meghan Markle’s net worth?
Before she married Prince Harry, Markle’s net worth was $5 million, according to Celebrity Net Worth. Her current net worth is unknown, as her finances were combined with Prince Harry’s. Her income comes from her podcast, children’s book and Netflix partnership.
