Net Worth Ranker
What Is Meghan Markle’s Net Worth?
Meghan Markle, an American humanitarian, philanthropist, and former actress, possesses a substantial net worth. Her combined net worth with her husband, Prince Harry, stands at $60 million. Before her marriage to Prince Harry in 2018, Meghan Markle’s individual net worth was approximately $5 million. Prince Harry entered the marriage with a net worth of $20 million, largely derived from a trust fund established by his late mother, Princess Diana.
Meghan Markle’s Earnings and Assets
Following their decision to step back from royal duties and pursue financial independence, Harry and Meghan secured significant deals in the entertainment industry. In September 2020, they signed a five-year production deal with Netflix valued at $100 million. This agreement allows them to produce a variety of content, including feature films, children’s programming, and documentaries. Depending on bonuses, incentives, and extensions, the Netflix deal could potentially reach $150 million.
Further expanding their media presence, Harry and Meghan also entered into a three-year podcasting deal with Spotify in December 2020, worth $18 million. This venture allows them to create and distribute audio content through Spotify’s platform. In April 2023, Markle signed with WME, a prominent talent agency, to represent Archewell, the couple’s organization.
In August 2020, Harry and Meghan invested $14.7 million in an estate located in Montecito, California. They made a cash down payment of $5 million and obtained a mortgage of approximately $10 million to finance the purchase. Additionally, they repaid $3 million that had been used to renovate their former U.K. residence, Frogmore Cottage.
Meghan Markle’s acting career also contributed significantly to her net worth. She reportedly earned $50,000 per episode for her role as Rachel Zane on the USA Network show “Suits.” Over seven seasons, this amounted to an estimated $4 million in pre-tax earnings. In 2010, Meghan Markle earned $187,000 for her role in Remember Me and $171,429 for her role in the short film The Candidate.
Prior to her acting success, Meghan Markle supported herself through freelance calligraphy, creating wedding invitations for various clients. From 2014 to 2017, Meghan Markle founded and served as the editor-in-chief of the lifestyle website The Tig. Meghan Markle shut down The Tig in 2017. In 2016, Meghan Markle released two clothing lines for Canadian retailer Reitmans. Meghan Markle was also the brand ambassador for Reitmans. It is estimated that Markle earned roughly $80,000 per year from her lifestyle blog, sponsorships, and endorsements.
Early Life and Education
Rachel Meghan Markle was born in Los Angeles, California, on August 4, 1981. Her parents, Doria Ragland and Thomas Markle Sr., divorced when she was six years old. Meghan Markle received her education at private schools, including the Hollywood Little Red Schoolhouse and Immaculate Heart High School. She attended Northwestern University, graduating in 2003 with double degrees in theater and international studies. During her college years, she was a member of the Kappa Kappa Gamma sorority. Her father won several awards, including Emmys, for his work in TV.
