Prince Harry Net Worth: How Much the Duke of Sussex Earns After Departing from the Royal Family?

It's been roughly two years since Prince Harry and Meghan Markle made the financial decision to go it alone. The pair was back in the limelight this week to kick off the 5th annual Invictus Games, an adapted sports tournament for veterans that Prince Harry started in 2014. This year's tournament is anticipated to be featured in the upcoming Netflix docuseries 'Heart of Invictus,' which will focus on the organization behind the games.

The series is the first project to emerge from the Duke and Duchess of Sussex's overall arrangement with the streaming service, which is one of several entertainment partnerships the pair has inked since stepping down from their royal duties.

After Prince Harry and Meghan Markle left their duty to the queen, they also took on several costs that had previously been covered by the British government and the royal family, such as private protection and their Montecito, California, residence. A summary of Prince Harry's sources of income and why the pair is expected to make more than $200 million in the coming years.

Prince Harry's Net Worth, Inheritances

It's worth emphasizing that the pair did not abandon the royal family due to a lack of financial resources. Last year, during an interview with Oprah Winfrey, Prince Harry said that he and Meghan had been using his mother's money to keep themselves afloat as they built a new life for themselves.

According to Kelly Lynch, author of The Duches' Diary and royals expert, Princess Diana gave each of her boys between $10 million and $13 million when she died. When he reached 25, he was given access to the trust fund. Prince Harry also walked away from the family with a $33 million legacy from his great-grandmother, the Queen Mother, according to The Wrap.

Harry has the advantage of being a Prince. Prince Harry was bequeathed and trusted money by his late mother, Diana. In 2020, Harry and his bride, Meghan Markle, will be removed from the Royal Family's day-to-day obligations and activities thanks to the financing. After turning 25, he and his brother, Prince William, got their $30 million trust monies.

After receiving an inheritance from their great-grandmother's death in 2002, Prince William and Prince Harry increased their riches. Prince Harry and Meghan Markle acquired roughly $120 million in endorsement and production deals with Netflix and Spotify after their divorce from the Royal Family.

Prince Harry also agreed to collaborate with Oprah Winfrey on an Apple TV+ series about mental health. After being cut off from the Royal Families' money after leaving in 2020, Harry felt compelled to sign these production deals.

In 2018, Prince Harry married actress Meghan Markle, and their first child, Archie, was born in May 2019. Prince Harry hails from a wealthy and royal background. He is recognized for keeping his cool and keeping in contact with the British population.

He notably stated that he would not undertake military training unless he were willing to fight with other British troops in Iraq. During his deployment, Prince Harry was rarely in action or danger, although he did get to pilot a combat chopper.

Prince Harry is a member of the Royal family and is said to be worth $60 million. He is married to actress Meghan Markle, who also has a significant fortune, making them one of the world's wealthiest couples, as per Finty.

How Does a Royal Family Member Make Money?

Following Prince Harry and Meghan Markle's interview with Oprah on March 7, the subject of where and how the royals acquire their money resurfaced. After he and Meghan announced their official resignation as senior members of the Firm, Prince Harry told Oprah that "my family litterally cut me off financially."

Following unconfirmed reports that Prince Andrew, Queen Elizabeth's second-youngest son, would forego his annual payment of roughly $300,000 after stepping back from public duties for the foreseeable future amid a cloud of scandal, the royal family's salaries were last in the news in November 2019.

So, what are the royal family's incomes, how do they get paid, and where do they get their money?

The answer, like with most things royal, is convoluted. The royal family is compensated with a combination of public and private funds, on top of hereditary riches, sizable real estate holdings, and other assets. The public Sovereign Grant, as well as the private Duchies of Cornwall and Lancaster, pay the majority of Queen Elizabeth II's and her children's annual income and expenses, as did the late Prince Philip, Oprah Daily reported.