Prince Harry, Duke of Sussex, is not only a prominent figure in the British Royal Family but also a globally recognized name. Known for stepping away from royal duties in 2020 alongside his wife, Meghan Markle, he has since carved his own path. This journey includes notable media projects, lucrative contracts, and personal memoirs that have significantly increased his wealth. However, his net worth is not solely the result of his recent endeavors—it is rooted in royal inheritance, family funds, and smart financial decisions.
In this blog, we’ll explore Prince Harry’s financial portfolio in detail, looking into how he has built his fortune, the role of his royal legacy, and the ventures he and Meghan have undertaken post-royalty.
Key Points:
- Prince Harry’s net worth in 2024 is estimated at $60 million.
- His wealth stems from royal inheritance, Netflix deals, and his book Spare.
- The Duke and Duchess of Sussex live in a lavish Montecito home with significant operating costs.
What Is Prince Harry’s Current Net Worth?
Prince Harry’s net worth in 2024 is reported to be around $60 million, a figure that has grown due to his diverse income sources. Much of this wealth comes from his royal inheritance. Upon turning 25, Harry inherited $10 million from his late mother, Princess Diana. This fund, which also supports his brother Prince William, was reportedly crucial when Harry and Meghan first moved to the United States.
Additionally, Harry received $8.5 million from a trust fund set up by his great-grandmother, the Queen Mother, on his 40th birthday. These royal inheritances form a strong financial backbone, enabling him to maintain his family’s luxurious lifestyle.
While Harry’s royal ties provide a robust financial foundation, his post-royal ventures have also contributed significantly. For instance, Harry and Meghan signed a Netflix deal valued at $100 million. The deal has brought us hit documentaries like Harry & Meghan, and projects like Heart of Invictus.
How Did Prince Harry Build His Wealth Post-Royal Life?
When Prince Harry and Meghan Markle stepped down as senior royals in 2020, they aimed to become financially independent. Their Netflix partnership marked a major milestone in achieving this goal. The success of Harry & Meghan brought them both significant revenue and mainstream popularity.
Furthermore, Harry signed a $20 million book deal, releasing his memoir Spare. This book became one of the bestsellers of all time and earned Harry millions in royalties. Similarly, he has taken on roles such as Chief Impact Officer at BetterUp, a mental health coaching platform, which adds to his income.
Below is a table summarizing Harry’s income sources post-royalty:
| Income Source | Estimated Revenue |
| Netflix Deal | $100 million |
| Book Deal (Spare) | $20 million upfront + royalties |
| BetterUp Role | Approx. $1 million annually |
| Speaking Engagements | $1 million per event |
Note: Harry’s diversified ventures have cemented his financial independence.
How Do Harry’s Expenses Impact His Wealth?
Living in luxury comes at a price. Harry and Meghan’s Montecito mansion, valued at $14.65 million, is a prime example. They reportedly took out a $10 million mortgage to purchase this stunning estate. Spread across 5.4 acres, it includes nine bedrooms, 16 bathrooms, and several high-end features such as a temperature-controlled wine cellar and a spa.
However, maintaining such a property comes with significant costs. Experts estimate the annual operating expenses for their home to run into six figures. Add to this the couple’s $2 million annual security bill, and it’s clear that their lifestyle requires a consistent income stream.
Here is a cost breakdown of their lavish lifestyle:
| Expense | Annual Cost |
| Montecito Mansion Upkeep | $1 million |
| Security | $2 million |
| Travel and Staff | $500,000 |
Reminder: While Harry’s wealth is impressive, maintaining it requires careful financial planning.
How Does Prince Harry Compare to Prince William Financially?
Prince William, being the heir to the throne, enjoys financial benefits far greater than Harry. William’s net worth exceeds $1 billion due to his control over the Duchy of Cornwall. This estate generates millions annually and funds the public and private activities of the King’s heir.
In contrast, Harry’s wealth, though substantial, pales in comparison. His income primarily depends on personal projects and the inheritances he received from Diana and the Queen Mother.
| Aspect | Prince Harry | Prince William |
| Net Worth (2024) | $60 million | Over $1 billion |
| Primary Income Source | Personal Ventures | Duchy of Cornwall Revenue |
| Inheritance | Diana’s Fund, Queen Mother’s Trust | Larger share of royal funds |
Conclusion
Prince Harry, Duke of Sussex, has successfully transitioned from a royal life of privilege to a financially independent lifestyle. With a net worth of $60 million in 2024, his wealth is built on a combination of royal inheritance and lucrative commercial ventures. However, his lifestyle demands careful financial management, given the high costs associated with his Montecito home and security needs.
Harry’s story is a testament to his ability to adapt and thrive outside the royal fold, leveraging his fame and influence to create a sustainable future for his family.
FAQ’s
- How much is Prince Harry worth in 2024?
Prince Harry’s net worth in 2024 is estimated to be $60 million. - What did Prince Harry inherit from Princess Diana?
Harry inherited $10 million from Princess Diana when he turned 25. - How much did Prince Harry earn from his Netflix deal?
Harry and Meghan signed a Netflix deal worth $100 million. - What is Prince Harry’s biggest expense?
Harry’s biggest expenses include his Montecito mansion’s upkeep and $2 million annual security costs. - How does Prince William’s net worth compare to Harry’s?
Prince William’s net worth exceeds $1 billion, making him significantly wealthier than Harry.