Prince Harry and Meghan: Where do they get their money?

  • Published
Prince Harry and Meghan, the Duke and Duchess of SussexImage source, Netflix
Image caption,
Netflix released a series of previously unseen stills which were used in the Harry & Meghan documentary

The Duke of Sussex's highly-anticipated memoir Spare has been officially published after days of leaks.

Prince Harry and his wife Meghan no longer receive money from the Royal Family, and earn their income from commercial arrangements.

Why did Harry and Meghan leave the Royal Family?

The Duke and Duchess of Sussex met in 2016 and married in 2018. They stepped down as senior royals in January 2020.

The couple were angry about media intrusion, and frustrated that Buckingham Palace stopped them developing their "SussexRoyal" brand.

Other royals were said to be "hurt" by their decision.

Harry remained a Prince, and the couple kept their Duke and Duchess of Sussex titles, but are no longer addressed as His/Her Royal Highness (HRH).

Image source, Getty Images
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Prince Harry and Prince Andrew both wore civilian dress at the Queen's funeral

Harry also gave up his military titles, and therefore did not wear uniform at the funeral of the late Queen Elizabeth.

Where do Harry and Meghan live?

The couple moved to Montecito in California in June 2020.

They said they wanted space to raise their son Archie, and to develop their Archewell Foundation. A daughter, Lilibet, was born in 2021.

The couple returned to the UK for the late Queen's Platinum Jubilee in June 2022, and her funeral in September.

How do Meghan and Harry earn their money?

Image source, Getty Images
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The Duke and Duchess are working on a series of television programmes and podcasts

Television and podcasts

The Sussexes' media company, Archewell Productions, makes various programmes for Netflix - an arrangement thought to be worth millions of dollars.

This includes the Harry & Meghan documentary series in which the couple talked about life in the Royal Family.

The couple were interviewed by US presenter Oprah Winfrey in March 2021, but said they were not paid for their appearance.

Books

Harry's memoir, Spare, was officially published on 10 January. But much of the book's content was leaked in advance, including the claim he was physically attacked by his brother, Prince William.

He also talks about his grief over the death of his mother, Princess Diana, and says he and William urged their father not to marry Camilla, the Queen Consort.

When the book was announced, the publisher said some of the proceeds would go to charity. Two donations of $1.5m (£1.3m) and £300,000 respectively will go to the charities Sentebale and WellChild.

Meghan published a children's book called The Bench in 2021.

Other

What did Prince Harry and Meghan lose when they stepped down?

Annual income

As working Royals, they received 95% of their annual income from Harry's father, then Prince of Wales.

In the financial year 2018-2019 (the first year of their marriage), Charles' Duchy of Cornwall estate paid more than £5m to cover the public duties - and some private expenses - of the Sussexes, and of the Duke and Duchess of Cambridge.

The taxpayer-funded Sovereign Grant made up the other 5%.

Image source, Getty Images
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Harry and Meghan were married in May 2018

Charles subsequently gave them "a substantial sum" to support their transition to financial independence.

Duchy of Cornwall accounts show that the couple - along with Prince William and Kate - received £4.5m between April and June 2020.

"That funding [then] ceased," said a spokesman.

Bodyguards

Once they stepped back from official duties, the Duke and Duchess were no longer covered by the security arrangements in place for senior royals.

When Harry first left the UK, he said it would be too dangerous to bring his family back without police protection.

Frogmore Cottage

Image source, Carly b. talbot
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Frogmore Cottage sits within the larger Frogmore estate

The Queen gave Harry and Meghan Frogmore Cottage, in Windsor when they married in 2018.

What other funds do Harry and Meghan have?

William and Harry received the bulk of their mother's £13m fortune when Princess Diana died in 1997.

In a television interview, Harry told Oprah Winfrey this inheritance funded their US move: "I've got what my mum left me. Without that, we wouldn't have been able to do this."

Image source, Getty Images
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Princess Diana died in a car crash in Paris in 1997

Harry is also thought to have inherited millions from his great-grandmother, the Queen Mother.

It is not known whether the late Queen left him any money.

During her acting career, the Duchess of Sussex was reportedly paid $50,000 (£41,000) for each episode of the legal drama Suits. She appeared in more than 100 episodes.

Ms Markle also ran a lifestyle blog, and designed items for a Canadian fashion brand.