Meghan Markle Net Worth: When you think of the royal family, visions of castles, crowns, and corgis likely dance through your head. But there’s one former royal who traded in the pomp and circumstance for a life in Hollywood – Meghan Markle. Her marriage to Prince Harry in 2018 was a total fairy tale, but their dramatic exit from royal life in 2020 was a shocker. Even without a royal title, Meghan’s managed to build an impressive $60 million net worth. From her acting days on Suits to lucrative deals with Netflix and Spotify, Meg’s proven she can make millions outside the palace walls. Curious how she built her fortune? Let’s take a peek inside Meghan Markle’s wallet today.
Meghan Markle Net Worth Today
Name | Rachel Meghan Markle |
Net Worth (2024) | $60 Million (INR 501 Cr) |
Profession | Former actress, author |
Monthly Income | $0.5 Million + |
Yearly Income | $5 Million + |
Last Updated | 2024 |
Netflix and Spotify Deals
These days, Meghan and Harry have a lucrative life outside the royal family. Their production deals with Netflix and Spotify have already earned them millions, and are estimated to be worth up to $150 million over several years. Not a bad way to start their new chapter!
Inheritance from Parents
Meghan’s parents, Doria Ragland and Thomas Markle, provided a comfortable upbringing. While the details of any inheritance are private, Meghan’s parents were likely able to provide financial support over the years.
Career as an Actress
Before marrying Harry, Meghan earned $50,000 per episode as Rachel Zane on Suits, bringing in around $450,000 a year. She also had roles in other TV shows and films, amassing an estimated $5 million from her acting career.
Brand Partnerships
As a royal, Meghan was prohibited from endorsing brands or accepting paid partnerships. Now private citizens, Meghan and Harry have already signed a speakers’ deal with the Harry Walker Agency, which represents the Obamas and Clintons. Brand partnership and sponsorship deals will likely contribute significantly to their wealth in the coming years.
While $60 million is an extraordinary amount of money, Meghan and Harry’s time in the royal family and their global fame means their earning potential is vast. If current deals are any indication, Meghan’s net worth in 2024 will likely far surpass today’s amount. The duchess’s next chapter might just be her most lucrative yet.
Meghan Markle’s Acting Career and Salary
Meghan’s big break came in 2011 when she landed the role of Rachel Zane on the USA Network show Suits. For seven seasons, Meghan played the paralegal-turned-lawyer and earned $50,000 per episode, amounting to $4.4 million total for the show.
Though Suits was her longest gig, Meghan picked up other roles over the years. Before Suits, she had bit parts on shows like CSI: Miami and 90210. She also starred in a couple of Hallmark Channel movies, where actresses can make between $100,000 to $500,000 per role.
One of Meghan’s most notable movie roles was in the 2010 rom-com Remember Me, starring Robert Pattinson. For those three minutes of screen time, she took home $187,000. Hey, every second counts!
While Meghan lived comfortably from acting, it was nothing compared to the wealth and status she gained from marrying her real-life prince. Still, without her successful Hollywood career and talent, she may never have crossed paths with Prince Harry in the first place. All’s well that ends well, right? Also Read: Dave Portnoy Net Worth.
Meghan Markle’s Suits Salary and Earnings
Meghan Markle Net Worth in 2023 | $65 Million |
Meghan Markle Net Worth in 2022 | $60 Million |
Meghan Markle Net Worth in 2021 | $58 Million |
Meghan Markle Net Worth in 2020 | $55 Million |
Meghan Markle Net Worth in 2019 | $50 Million |
Meghan Markle Net Worth in 2018 | $45 Million |
Meghan’s Salary on Suits
As an actress on the hit show Suits for 7 seasons, Meghan earned an estimated $50,000 per episode. With typically 16 episodes per season, her annual salary from the show was around $800,000. Not too shabby! While the show aired, Meghan’s earnings from Suits, combined with endorsements and sponsorships, totaled an estimated $450,000 per year.
Though the pay was certainly not chump change, it pales in comparison to the money Meghan now has access too as the Duchess of Sussex. Since stepping back from royal duties with Prince Harry though, the couple has signed major deals with streaming giants that have the potential to far surpass Meghan’s acting income.
Meghan Markle’s Endorsements and Other Projects
Possible Major Endorsements
You’ve likely seen Meghan promoting various brands on her Instagram. According to reports, Meghan is seeking more major endorsements to add to her portfolio. Many companies would jump at the chance to have Meghan as the face of their brand, given her immense popularity and influence. Major endorsements could be worth tens of millions per year for Meghan and significantly boost her net worth.
Some possible lucrative deals for Meghan include fashion, jewelry, cosmetics, and women’s empowerment brands. Meghan is passionate about ethical and sustainable fashion, so a brand partnership in that space seems ideal. A skincare or makeup line would also be a great match given Meghan’s natural beauty and Californian lifestyle.
No matter the brand, Meghan’s endorsements are sure to be a win-win. She’ll earn a sizable paycheck while the companies gain exposure and credibility from their association with the duchess. Keep an eye out for any major brand announcements from Meghan – her net worth is poised to skyrocket even higher through strategic endorsements and sponsorships. Also Read: Bobbi Althoff Net Worth.
Meghan Markle’s Real Estate and Assets
Real Name | Rachel Meghan Markle |
Nick Name: | Meghan Markle |
Birth Place: | Los Angeles, California, United States |
Date Of Birth: | 4 August 1981 |
Age: | 42 years old |
Height: | In Centimeters – 170 cm In Feet and Inches – 5’7” |
Weight: | In Kilograms – 65 kg In Pounds – 143 lbs |
Eye Color: | Brown |
Hair Color: | Brown |
Parents Name: | Father – Thomas Markle Mother – Doria Ragland |
Siblings: | N/A |
School: | Immaculate Heart High School |
College: | Northwestern University |
Religion: | N/A |
Nationality: | American, British |
Zodiac Sign: | Leo |
Gender: | Female |
Social media Accounts: | |
Sexual Orientation: | Straight |
Marital Status: | Married |
Boyfriend: | N/A |
Husband/Spouse Name: |
Trevor Engelson (m. 2011-2013), Price Harry, Duke of Sussex (m. 2018)
|
Kids/Children Name: |
Archie Harrison Mountbatten-Windsor, Lilibet Diana Mountbatten-Windsor
|
Profession: | Actress, author |
Net Worth: | $70 million |
Last Updated: | 2024 |
Luxury Homes
Meghan and Harry’s real estate portfolio includes luxurious properties across North America. Their newly purchased Santa Barbara mansion cost a whopping $14.65 million, featuring 9 bedrooms, 16 bathrooms, a tennis court, and a swimming pool. Before that, the couple briefly lived in a $3.5 million waterfront estate owned by a Russian billionaire. While not officially owned by the couple, these lavish homes provide a glimpse into their opulent lifestyle.
In addition to their properties abroad, Meghan and Harry maintain their UK residence, Frogmore Cottage. Though they stepped back from royal duties, the cottage remains their official royal residence. The historic property underwent $3 million in renovations ahead of their 2018 wedding to include 10 bedrooms and a yoga studio.
Vehicles
The couple enjoys a collection of high-end vehicles, including a Range Rover, Audi, and Jaguar. For their wedding, they rode in a classic Jaguar convertible. Harry is particularly fond of motorcycles and previously owned both Ducati and BMW bikes. Though they aim to live more sustainably now, their vehicle collection reflects their lifelong passion for luxury and status.
Other Assets
Beyond real estate and vehicles, Meghan and Harry’s assets include investments, cash holdings, and Meghan’s business. At their peak, the couple’s combined net worth reached over $60 million. Though they stepped back from the monarchy, their fame and business ventures will likely continue increasing their wealth and assets for years to come. Their lavish lifestyle may be at odds with their charitable work, but ultimately reflects their complex status as both celebrities and royals.
Meghan Markle’s Deals After Leaving the Royal Family
With freedom from the royal family, Meghan pursued new business ventures.
In March 2024, she announced a lifestyle brand called American Riviera Orchard, offering cookbooks and tableware. The venture marked her return to social media since 2020.
Through Archewell Productions, the couple signed a multi-year deal with Netflix to produce documentaries, docu-series, feature films, scripted shows and children’s programming. Their first project, an animated series called “Pearl,” was announced in July 2021.
They also have an exclusive multi-year partnership with Spotify to produce and host podcasts that elevate and amplify voices of community. Their first audio series focused on the 12 extraordinary people making an impact in the world.
While no longer working royals, Harry and Meghan maintain their patronages and associations with charities like Smart Works, Mayhew, and WellChild. Through Archewell Foundation, they also support efforts around racial justice, gender equity, climate change and mental health.
Despite controversies, Meghan and Harry continue using their platform to spread compassion and make a difference. Though far from the royal spotlight, their post-palace pursuits keep them busy and their bank accounts full. Overall, Meghan’s 2024 net worth including business deals and real estate is estimated at $75 million. Also Read: Prince Harry Net Worth.
Meghan Markle and Prince Harry’s Combined Net Worth
Since stepping down from their royal duties, Meghan Markle and Prince Harry’s combined net worth has skyrocketed thanks to lucrative business deals.
According to financial experts, the couple’s wealth is estimated to be around $60 million.
The bulk of their fortune comes from Meghan and Harry’s production deal with Netflix, reportedly worth $100 million, and their podcasting deal with Spotify, valued at $18 million. These major contracts demonstrate how in-demand the couple has become in Hollywood. Meghan’s acting experience and Harry’s charity work have also added value.
Though Meghan struggled early in her career, her acting roles in Suits and other shows have contributed to the couple’s wealth. Meanwhile, Harry inherited millions from Princess Diana’s estate and his great-grandmother the Queen Mother.
Between their business deals, inheritances, and established brands as philanthropists, Meghan and Harry found financial freedom. They’ve been able to pay off Frogmore Cottage and pursue new creative endeavors focused on social issues they care about. Though no longer working royals, they continue to have a global platform and influence.
Meghan Markle Net Worth FAQ
Meghan Markle’s net worth has skyrocketed since marrying Prince Harry. Before the royal wedding, Markle’s net worth was around $5 million. Now, Meghan and Harry’s combined net worth is estimated at $60 million.
How did Meghan Markle earn her fortune? Most of Markle’s wealth came from her acting career. She reportedly made about $50,000 per episode of Suits, contributing to her estimated $2 million net worth from acting. Markle also founded the lifestyle website The Tig, which generated revenue from sponsorships and affiliate marketing.
Markle’s net worth exploded after marrying into the royal family. Along with Prince Harry, Markle signed a production deal with Netflix worth $100 million and an $18 million podcast deal with Spotify. The couple is also collaborating on a book series worth $20 million.
Between acting, blogging, and her new media empire with Harry, Markle has built an impressive fortune. While Markle left acting behind to focus on royal duties, her business savvy and ambition have clearly paid off. Markle’s rags-to-riches story is a true inspiration.
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What is Harry & Meghan’s net worth?
Despite stepping down from their royal duties, Prince Harry and Meghan Markle, the Duke and Duchess of Sussex, still remain financially well-off. Their combined net worth is estimated at $60 million.
Harry’s personal net worth is around $40 million, inherited from his mother Princess Diana’s estate and trust funds set up by the Queen Mother and Prince Charles. Meanwhile, Meghan earned over $50,000 per episode starring in the TV show Suits, and made an estimated $4 million total from the series.
Since leaving the royal family, the Sussexes have secured lucrative business deals, including a multi-year production partnership with Netflix rumored to be worth up to $100 million, and an exclusive podcasting deal with Spotify worth a reported $25 million. These commercial ventures will likely boost their fortune significantly in the coming years.
While no longer receiving an allowance from Prince Charles, the couple do still benefit from Prince Harry’s inheritance. They live in a $14.7 million, 16-bathroom mansion in Montecito, California and travel privately in their own jet. Though they strive to become “financially independent”, their wealth and lavish lifestyle remains a source of controversy. Still, the Sussexes seem focused on using their platform to promote social causes they care deeply about.
All things considered, Meghan and Harry seem to be in a good financial position. Though no longer working royals, they continue to prove that they can succeed and thrive pursuing their own path. Their net worth in 2024 looks set to grow even more.
Was Meghan Markle rich before marrying Harry?
While Meghan Markle was certainly not poor before marrying Prince Harry, she wasn’t extremely wealthy either. Her acting career provided a comfortable living, but nothing extravagant. Meghan earned around $50,000 per episode during her seven seasons on the hit show “Suits.” With an estimated net worth of $2 million from acting alone, Meghan lived an upper-middle class lifestyle.
However, Meghan’s total net worth was reportedly around $5 million before merging finances with Prince Harry. This included income from her blog “The Tig,” a now-defunct lifestyle site, as well as a clothing line she collaborated on with a Canadian retailer. Still, compared to the British royal family’s wealth, $5 million is pocket change.
Marrying Prince Harry in 2018 catapulted Meghan into a life of luxury. While she gave up her acting career, together Meghan and Harry have signed major media deals with Netflix and Spotify that will earn them well over $100 million. They’ve also invested in startup companies. With lavish homes, expensive vacations and access to royal jewels, Meghan’s days of budgeting her “Suits” paychecks are long gone. Her new royal status provides wealth and opportunities far beyond anything she could have achieved on her own.
So in summary, while Meghan Markle was by no means poor before Prince Harry, her net worth has skyrocketed thanks to marrying into the royal family. From $5 million to over $60 million combined with Harry, the Duchess of Sussex can now enjoy all the riches and spoils that come with her new title.
What is Kate Middleton net worth?
Kate Middleton, the Duchess of Cambridge, has an estimated net worth of around $10 million. Before marrying into the royal family, Kate worked in the fashion industry and her family founded a successful party supply company.
Though the exact figures are private, Kate’s net worth comes from a few sources. The Middleton family party supply company, Party Pieces, is now worth over $50 million. While Kate previously worked for the company, she does not currently earn an income from it.
Kate also worked with various fashion retailers before becoming a royal, including Jigsaw and her family’s company. As a royal, Kate cannot earn an income from corporate sponsorships or brand endorsements. However, the royal family’s net worth, including investments, real estate, and assets, is estimated at over $88 billion.
As a working royal, Kate focuses her efforts on charitable work and royal duties. She patronizes over 20 charities and carries out over 100 royal engagements each year. While the charities and patronages do not provide a direct income, they do help raise awareness and goodwill. Between her pre-royal career, family business, assets, and role as a royal, Kate has built an estimated $10 million net worth to support her life as the future Princess of Wales.
How much is Prince William worth?
As the eldest son of Prince Charles, Prince William is second in line to inherit the British throne. However, he already has an impressive net worth of his own. According to various estimates, Prince William’s net worth is between $100 million to $200 million.
A large portion of Prince William’s wealth comes from the Duchy of Cornwall, a vast estate owned by the British royal family. The Duchy generates an annual income of over $1.2 billion, which provides Prince Charles and his family with financial independence. As heir to the Duchy, Prince William will inherit this estate when Prince Charles becomes king.
In addition to the Duchy of Cornwall, Prince William also earns an annual salary as a helicopter pilot for the East Anglian Air Ambulance. While his exact salary is unknown, helicopter pilots in the UK earn an average of $50,000 to $100,000 per year. Prince William donates his entire salary to charity.
Between his royal inheritance, family estate, and personal income, Prince William has amassed an impressive fortune. However, unlike other royals and celebrities, Prince William lives a relatively modest lifestyle and donates much of his wealth to charitable causes like wildlife conservation, mental health, and education. His frugal and charitable nature have made him a popular member of the royal family.
Conclusion
You’ve just scratched the surface of Meghan Markle’s fascinating story. From her acting days to marrying a prince to becoming an entrepreneur, her life has taken some unexpected turns! While her net worth is impressive, there’s so much more to her than money. She’s an inspiration for strong women everywhere. Her compassion and drive to make the world better are what really make her royalty. No matter what you think of Meghan, you have to admit she’s lived a remarkable life. Who knows what she’ll do next? One thing is for sure – we’ll all be watching!