Meghan Markle, 38, and Prince Harry, 35, had stepped down as senior members of the Royal Family and declared to be financially independent. What is their net worth?
Early this year January, the royal couple, jointly announced their exit from the Royal family. Prince Harry and Meghan Markle relinquished all their royal duties and privileges, in order to be financially independent. How much money do they have in the bank?
Meghan Markle and Prince Harry Net Worth
According to Business Insider, Meghan Markle has an estimated net worth of $5million, while Prince Harry’s net worth is reported to be at least $ 25million. Hence the couple’s joint venture be around 23 million.
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Both the Sussexes have managed to rake in a massive bank during their short time in America. Sources close to the situation theorized that once they moved to North America, the Duke and Duchess of Sussex might find themselves dealing with unexpected financial constraints. Since stepping down, the couple sacrificed their substantial allowance as royals.
Fortunately, it seems there’s no real reason to be concerned about their finances. Since they have signed a 100 million deal with Netflix.
“ They are both overjoyed to have made this final step into their free and independent lives. This is a huge deal for them.” as per a report from “Hollywood Life”
“ They will always be respectful of his family, but they are very glad to have been able to cut the financial cord.”
The insider confirms that the renovation money is no longer an issue, as it has been paid back in full.
“ Paying everything back [that was spent on Frogmore Cottage renovations] was always part of the plan, but it’s, of course, a big relief to have it handle.” the informant claims.
Duke and Duchess might have abridged from their formal titles, but it seems Harry and Meghan are still living like royalty.
Most of the British monarchy’s wealth is derived from inherited lands and investments. British taxpayers also support the royal family through a sovereign grant issued by the treasury.
Moreover, they could give worldwide popularity, with the birth of their first child, especially as the first mixed-race child born into a senior position in British royalty in recent history.