As someone who has followed the lives and careers of the Royal Family with a keen interest, I must say that Meghan Markle’s journey is nothing short of inspiring. From her humble beginnings as an actress on shows like Deal or No Deal to becoming the Duchess of Sussex, she has come a long way.
2020 saw Meghan Markle and Prince Harry creating quite a buzz as they acquired a stunning $14.65 million estate in Santa Barbara. This opulent villa boasts nine bedrooms, 16 bathrooms, a library, swimming pool, fitness center, sauna, tea house, and a quaint children’s cottage – a perfect sanctuary for their two little ones, Archie Harrison and Lilibet Diana. Seeking tranquility away from the public eye, they also relinquished their royal duties that year. Since then, their financial status has witnessed a significant rise. Curious to know the net worth of this modern-day fairytale duchess?
In 2024, it’s said that my family, the Duke and Duchess of Sussex, boast a net worth of approximately $60 million. This may seem substantial to some, but compared to other members within the Royal Family, it’s relatively modest. Leaving the UK to ensure our children could lead a normal life outside of royal media scrutiny meant a decline in our royal salaries. As we found ourselves jobless at that time, we made the decision not to return and visit this residence, as quoted by the Duchess during an interview with The Cut.
She discussed how purchasing their ideal home seemed more of a distant aspiration rather than a reachable one. “It was unattainable,” she explained, “Just like when I was younger and window shopping, it’s the same feeling—I don’t want to gaze at things that are beyond my means. It doesn’t feel right.”
Nevertheless, the royal pair managed to restore their fortune by making numerous public appearances, such as the Netflix show “Harry & Meghan” and Markle’s podcast on Spotify titled “Archewell Audio.”
Meghan Markle’s net worth before her marriage to Prince Harry
Prior to becoming the Duchess, Meghan Markle had an impressive career in Hollywood, featuring in over 100 episodes of the TV series Suits. Her wealth was roughly $5 million before her union with Prince Harry, primarily accumulated from roles in films like Remember Me and The Candidate in 2010.
Originally named “Tig,” the blog she managed saw a surge in popularity, generating an estimated $80,000 per year through partnerships, promotions, and brand deals. Unfortunately, once her relationship with Prince Harry became public, she was forced to shut it down.
Markle’s net worth after step down as an active royal
The change in their royal roles didn’t impact their overall wealth, but they no longer receive funding from the monarchy and must now maintain their lifestyle using their own resources. Previously, only 5% of their expenses were covered by the Sovereign Grant.
As a lifestyle expert, I can share that my income comes from various business endeavors, such as partnerships with renowned companies like Netflix and Spotify. Currently, I reside in a stunning £11 million mansion located in Montecito, California. Previously, I returned £2.4 million to the UK taxpayers, which had been utilized for renovations of my official residence, Frogmore Cottage, situated on the Windsor Estate.
Additionally, it’s worth noting that the Sussexes also get paid for their public appearances. In June 2021, they joined forces with a well-known agency called Harry Walker—the same one that represents the Obamas and Clintons—for negotiations regarding these engagements. Allegedly, they ask for a substantial fee of $1 million for a single speech or public event.
Markle’s net worth from her early career
Beyond her role in the popular series Suits, Markle had appearances on over 30 episodes of Deal or No Deal earlier in her career. She received approximately $800 per episode during this time. While the pay was substantial, it’s worth noting that she found the work to be less enjoyable.
In 2018, she shared with Esquire that her career journey took an unexpected turn from working at the U.S. Embassy in Argentina to participating in Deal or No Deal. This range of experiences was definitely educational for her. She described her time on the show as standing on stage in uncomfortable and affordable high heels, waiting for someone to call her so she could sit down. This experience helped her clarify what career path she preferred.
Additionally, she shared that the program portrayed her as if she were merely an object for visual appeal, which contrasted sharply with her self-perception as someone with greater capabilities. She felt demeaned and reduced to a stereotype, rather than recognized for her talents and intelligence.
In her initial professional journey, she was linked with the Disney documentary titled “Elephant.” As reported by The Times, she provided the narrative for this documentary in return for a substantial contribution to the organization called Elephants Without Borders.
How much did Markle make from her infamous Oprah interview?
One of the most debated interviews in the annals of British royal history was the candid conversation between her and Prince Harry, hosted by Oprah Winfrey. Despite the interview’s sensational topic – the couple sharing their insights about the royal family – Oprah asserted that they didn’t receive any payment for it.
In a prelude to our conversation, I wanted to ensure everyone understands that I’ll be posing questions you may not anticipate, with no boundaries on the topics discussed. It’s important to clarify that there are no monetary compensation arrangements for this interview, and Markle has agreed to these terms.
How much did Markle make through brand collaborations?
It’s said that the Duchess secured an impressive $20 million contract for her Archewell Audio podcast, which is now available on Spotify. In her debut episode, she delved into the concept of ambition, featuring tennis champion Serena Williams as a guest.
As a lifestyle expert, I can share that the esteemed royal pair, Meghan and Harry, have collaborated with the renowned streaming service, Netflix, where their documentary, “Meghan & Harry,” was made available. Their agreement with this platform is believed to be valued at approximately $150 million. Subsequently, a representative for the couple confirmed that this substantial sum from Netflix enabled them to repay in full the expenses related to the renovation of Frogmore Cottage.
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2024-08-19 20:24