HomeEntertainmentHarry and Meghan Netflix Documentary Adds to Booming Media Empire

Harry and Meghan Netflix Documentary Adds to Booming Media Empire

When Prince Harry and Meghan stepped down from their royal duties in 2020, the Duke and Duchess of Sussex were soon faced with a pressing question: how to make a living.

Although they were fine by ordinary standards, Forbes last year pegged their net worth at a modest $10 million, including the remains of Harry’s estate from his mother, Princess Diana, and the equity the couple have in their mansion. Of California. They were also financially insulated from the estimated $34 billion estate of the British Crown.

The response, ironically, was to capitalize on the public’s fascination with the glamorous couple who dared to flee the royal family’s gilded cage, along with the relentless media scrutiny that their official roles entailed. And despite the mixed critical reaction to his new Netflix documentary series, “Harry and Meghan,“The truth is that the company has enriched them much more.

Here’s what is known about the sources of wealth and income of the pioneer royals.

harry’s inheritance

Prince Harry told Oprah last year that the couple “didn’t have any plans” when they moved to California in 2020 and relied solely on their inheritance from Princess Diana, who died in a 1997 car accident.

“I have everything my mom left me, and without it we couldn’t do this,” Harry told Oprah.

According to The Independent, Diana left a heritage of almost 13 million pounds to be divided by his two sons, which grew to £20 million when they were legally able to access it in their 30s. That means Harry’s share was approximately 10 million pounds, or $12.2 million at current exchange rates.

That money was partly diminished by the $3 million that refunded to cover renovations carried out on the couple’s UK residences, costs which were initially covered by UK taxpayers.

Harry and Meghan have about $5 million in equity in their mansion in MontecitoCalifornia, which has a mortgage worth almost $10 million, although they are reportedly looking to move, according to TMZ.

meghan’s performance

Before the couple got married, Meghan was an actress, then known as Meghan Markle, running a lifestyle blog. Most of her income came from her appearances on the USA Network drama series “Suits,” for which she was paid $50,000 per episode.

She entered the marriage with a net worth of around $5 million, according to the Independent.

netflix offer

After breaking with the royal family, Harry and Meghan founded Archewell Productions, an arm of their non-profit organization, with the stated goal of creating “programming that informs, uplifts and inspire.” The company signed a multi-year production deal with Netflix. Estimate be worth between 100 and 150 million dollars, according to Term Y us weekly.

The first three episodes of their first documentary series, an intimate look at their personal lives, was released this week.

Under the multi-year deal with Netflix, the pair will produce documentaries, scripted shows, feature films and children’s programming, though they have said reality shows are off the table, according to reports. Town Country. An in-development series follows participants in the Invictus Games, a charity founded by Harry that provides sporting events to injured military veterans, CNN reported last year.

But the planned animated series created by Meghan, known by its working title “Pearl,” was one of several discarded programs by the streaming service this year, as a result of the cutbacks.

Harry and Meghan detail life in the British royal family in new Netflix docuseries


A memory with Penguin

Harry’s memoir, “Spare,” which the Associated Press nicknamed “an object of obsessive anticipation,” will be released by Penguin Random House next month. According to the editorThe book will deliver “raw, unwavering honesty” as well as “insight, revelation, self-examination, and hard-won wisdom about love’s undying power over pain.”

Harry received a $20 million advance last year when he sold the Page Six book. reported. The agreement includes up to three other books of the couple, according to Vanity Fair. The publisher also agreed to make two charitable donations totaling $1.6 million as part of the deal, th BBC reported.

Meghan last year also published a children’s book, The bank. It’s not known how much he was paid for it, but a trademark expert told the Daily Mail the down payment could be as high as $600,000.

Spotify Podcasts

Through Archewell Audio, Meghan and Harry also produce podcasts for the Spotify streaming service under a three-year contract. Meghan’s first podcast with the company, a series called “Archetypes,” has featured guests including Judd Apatow, Amanda Gorman, Mindy Kaling, Issa Rae, and Serena Williams. This week the series won the People’s Choice Grant for podcasting.

Forbes and the New York Post have estimated the deal to be worth between $15 million Y $25 millionrespectively, a huge difference from what most creators on the platform earn, which often equates to a fraction of a cent per stream.

The couple also has many other creative projects whose financial value is unknown. Before Harry left the royal family, he signed a contract with Oprah to executive produce an Apple TV series on mental health. Harry and Meghan have also signed with a conference agency. harry walkerwhose A-listers include the Clintons, the Obamas and Oprah.

To be sure, the young couple and their two children are likely to have substantial expenses, including security. services. Given this reality, and the uncertain value of some recent mega deals, estimates of his net worth vary widely, from $10 million, according to Forbes, to $60 million, according to Hello Y Women’s Health Magazine.

But with a fledgling media empire taking shape, that number is likely to rise considerably in the years to come.

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