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Last year Prince Harry and Meghan Markle decided to step down as senior members of the Royal Family, and move to the US with their son Archie.
In an interview with Oprah Winfrey, Harry revealed that they had been “financially cut off” after stepping down.
Up until last year Prince Harry’s father, the Prince of Wales, covered the majority of expenses associated with their royal duties – including staff and travel.
But now that they are “financially independent”, they no longer receive funding through the Sovereign Grant.
This meant that the Duke and Duchess of Sussex had been living off his inheritance from Harry’s late mother Diana.
Fast forward to today, and Prince Harry and Meghan Markle have taken on several business endeavours to start earning an income.
How much is Prince Harry and Meghan Markle’s net worth?
According to Forbes, Prince Harry and Meghan Markle have a collective net worth of around $10million (£7million) – including their California home.
Since leaving the Royal Family, the couple have paid back the £2.4million of taxpayer's money used to renovate their royal residence, Frogmore Cottage, and have mostly relied on the £10million fortune left by Princess Diana.
He also previously received inheritance from the Queen Mother, which reportedly included her jewels.
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Alongside his inheritance, Harry previously reportedly earned between £36-38,000 a year during his time in the British Army Air Corps.
But without the money from the Duchy of Cornwall, which Forbes estimated to be about $800,000 (£580,000), their earnings have dropped drastically.
Meanwhile, Meghan brought her own small fortune of her own into the marriage.
A former Hollywood actress, the Duchess of Sussex reportedly earned more than £36,000 per episode for her role in USA Networks Suits.
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She also had acting roles in 90210, CSI: Miami and Horrible Bosses.
According to Forbes, she went into her marriage in 2018 with about £1.5million saved up.
In addition to their wealth, Harry and Meghan also own the home they currently live in.
The couple purchased their home in Santa Barbara, California for a whopping £10.75million.
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Harry and Meghan's net worth will no doubt start to rise now they are settling into their new lives.
Even though they didn't get paid for their Oprah Winfrey interview, Harry and Meghan have signed multi-million pound deals with Spotify and Netflix.
There are also other ways in which Meghan and Harry could start earning money, including signing a book deal.
- Meghan Markle
- Prince Harry
- Net Worth
- Royal Family
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