Prince Harry’s Financial Journey Post-Royalty: Unveiling His Diverse Income Streams
Even though Prince Harry and Meghan Markle departed from senior royal life in 2020, Prince Harry’s financial standing remains noteworthy. Unlike his older brother, Prince William, who boasts a significant net worth, Prince Harry’s wealth is substantial.
After leaving royal duties in 2020 and relocating to the United States, Prince Harry and Meghan Markle relinquished certain financial ties associated with royal life. This move, while depriving them of assets linked to royal responsibilities, opened doors to new career opportunities that wouldn’t have been available within the confines of the palace.
Princess Diana’s legacy has significantly contributed to the financial well-being of both Prince William and Prince Harry. Forbes reports that Princess Diana bequeathed $10 million to each of her sons after taxes, along with annual dividends of $450,000 from the age of 25. Additionally, the invaluable collection of jewelry passed down from Princess Diana is beyond monetary valuation.
Prince Harry’s service as a helicopter pilot for the military added to his income, with earnings between $50,000 and $53,000, providing another financial stream.
In 1994, the Queen Mother transferred about $23 million, two-thirds of her fortune, into a trust fund for her nieces and nephews, including William and Harry. At age 21, the brothers reportedly split approximately $8 million from this trust. Notably, Harry used a significant portion of his share to compensate for the future role of not becoming king. However, the fate of this trust fund in light of Harry and Meghan’s departure from royal life remains uncertain.
Prince Harry and Prince William are expected to receive another $10 million from the Queen Mother’s trust fund at the age of 40. While William may have already received his share, it remains unclear whether Harry’s recent royal developments will affect his entitlement.
Post-royal life, Prince Harry and Meghan secured lucrative deals with Netflix and Spotify. Their Netflix deal is rumored to be valued at $100 million, although the exact portion reaching their bank account remains undisclosed. Their Spotify agreement, while less detailed, promises substantial compensation for their podcast, Archetypes.
In total, Prince Harry’s net worth is estimated to be around $60 million, trailing behind his older brother William by $40 million. Despite the financial differences, Prince Harry’s diverse income sources and strategic career moves underscore his financial stability post-royalty.