Prince Harry, the Duke of Sussex, has been a subject of intense public interest since his birth. Born into the British royal family, he grew up in a world of privilege and wealth.
However, after stepping back from royal duties in 2020, he and his wife Meghan Markle sought to become financially independent. This blog explores Prince Harry’s net worth in 2024, detailing how he has achieved this wealth and what it means for him and his family.
Key Points
- Prince Harry’s net worth is estimated at $60 million in 2024.
- He has diversified his income through various ventures, including Netflix and book deals.
- His lifestyle requires significant financial resources, including security costs and mortgage payments.
How Much Is Prince Harry Worth in 2024?
As of 2024, Prince Harry’s net worth is estimated to be around $60 million. This wealth largely stems from his royal lineage and various income sources that he has developed since stepping back from royal duties. While Harry does not receive a royal allowance anymore, he has made a name for himself in the business world, securing lucrative deals that have significantly bolstered his financial standing. His high profile and background have allowed him to command substantial contracts, particularly in entertainment and speaking engagements.
For instance, Harry and Meghan’s Netflix deal, reportedly worth up to $100 million, allows them to produce documentaries and other content that draws on their experiences as members of the royal family. They have also signed deals with companies like Spotify and BetterUp, where Harry serves as Chief Impact Officer. These ventures not only contribute to his wealth but also help him maintain a lifestyle befitting a Duke.
The following table summarizes the major sources of income contributing to Prince Harry’s net worth:
| Income Source | Estimated Amount |
| Netflix Contract | Up to $100 million |
| Book Advance for “Spare” | $20 million |
| Speaking Engagements | $1 million per engagement |
| BetterUp | Not publicly disclosed |
What Are Prince Harry’s Major Income Sources?
Prince Harry’s income sources are varied and reflect his efforts to establish a career independent of the royal family. Here are the primary avenues through which he generates revenue:
- Television and Film Contracts: Harry and Meghan’s contract with Netflix is a significant income source. Their projects, such as the docuseries “Harry & Meghan,” have received substantial viewership, indicating that their storytelling resonates with audiences. While they have faced challenges with some of their other Netflix projects, the financial backing from this deal provides a steady income stream.
- Book Deals: Harry’s memoir, “Spare,” received an advance of $20 million and became a bestseller shortly after its release. This book not only detailed his life experiences but also opened up additional income avenues through continued sales and potential royalties. The public’s interest in his story has created a lucrative market for his written works.
- Speaking Engagements: Prince Harry commands around $1 million per speaking engagement. These appearances allow him to share his insights on various topics, including mental health, well-being, and his experiences as a royal. His high profile makes him a sought-after speaker at international conferences and events.
- Investments: Harry has made strategic investments, including a stake in a sustainable investment firm called Ethic. Such investments not only align with his personal values but also provide potential financial returns over time.
The combination of these income sources reflects a diversified approach to his finances, ensuring that he can sustain his lifestyle despite leaving the royal family.
What Did Prince Harry Inherit From the Royal Family?
In addition to his earnings, Prince Harry has also benefited from significant inheritances. Upon reaching the age of 25, he inherited $10 million from his late mother, Princess Diana. This inheritance has reportedly helped sustain his and Meghan’s lifestyle, especially in the early days of their move to the United States.
More recently, Harry is expected to receive around $8.5 million from a trust established by his great-grandmother, the Queen Mother. This inheritance comes as a part of a larger $90 million trust and is indicative of the wealth that Harry was born into. Although he may be working to establish his financial independence, these inheritances have provided a financial cushion that many do not have access to.
The following comparison chart highlights the estimated inheritances Prince Harry has received over the years:
| Inheritance Source | Amount |
| Inheritance from Princess Diana | $10 million |
| Inheritance from Queen Mother | $8.5 million |
How Are Prince Harry and Meghan Markle Managing Their Expenses?
Despite their wealth, managing expenses is crucial for Prince Harry and Meghan Markle. Their lifestyle requires significant financial resources. For example, they purchased a $14.65 million mansion in Montecito, California, which comes with high annual operating costs. The couple took out a $10 million mortgage on this property, adding to their financial responsibilities.
Security is another major expense for the family, costing approximately $2 million annually. This expense reflects the high-profile nature of their lives and the threats they face due to their status. Given the public scrutiny they endure, ensuring their safety has become a priority, which further impacts their overall financial management.
Conclusion
In conclusion, Prince Harry’s net worth in 2024, estimated at $60 million, reflects his transition from royal duties to financial independence. His varied income sources, including lucrative contracts with Netflix and speaking engagements, showcase his ability to capitalize on his high profile. Additionally, his inheritances from his mother and great-grandmother have provided a financial safety net. However, the costs associated with his lifestyle, including mortgage payments and security, emphasize the challenges of managing wealth as a public figure.
Through careful planning and strategic decisions, Prince Harry has successfully navigated the complexities of his financial landscape, ensuring that he and his family can enjoy a comfortable and secure life while continuing to advocate for causes that are important to them.
FAQ’s
- What is Prince Harry’s net worth in 2024?
- Prince Harry’s net worth is estimated to be around $60 million.
- How did Prince Harry make his money?
- He earns money through contracts with Netflix, book deals, speaking engagements, and investments.
- What did Prince Harry inherit from his mother?
- He inherited $10 million from Princess Diana when he turned 25.
- What are the main expenses for Prince Harry and Meghan?
- Their main expenses include their mortgage, security costs, and the upkeep of their mansion.
- Is Prince Harry richer than Prince William?
- No, Prince William is significantly wealthier, with a net worth reportedly exceeding $1 billion.
