Harry & Meghan: Wealth on Display, But Is It Dwindling?

Since their departure from royal duties six years ago, Prince Harry and Duchess Meghan have established a significant financial presence, aiming for independence. They have secured major media deals, including a reported $100 million with Netflix and a $20 million Spotify deal, though the latter ended prematurely. Harry's memoir, 'Spare,' reportedly earned him a $20 million advance.

Their financial landscape is also shaped by substantial inheritances. Prince Harry received millions from Princess Diana's estate and a reported $25 million trust fund from the Queen Mother. Following their stepping back, Prince Charles also provided them with financial support. Their primary residence in Montecito, California, cost $14.65 million, with ongoing mortgage payments and taxes.

Despite these earnings, significant expenses present a challenge. Annual security costs for the family are estimated at $2 million, a necessity after losing taxpayer-funded protection. Other major outlays include mortgages on their properties in California and Portugal, and school fees for their children, estimated at $70,000 annually.

Legal battles with British tabloids have also contributed to their financial ecosystem, resulting in both damages awarded and substantial legal costs. While Meghan received undisclosed damages for privacy invasion, Harry was awarded over $187,000 in a settlement, but later lost a privacy lawsuit costing almost $13 million. Meghan also earned nearly $200,000 from 'Suits' broadcasting deals, and her brand 'As Ever' has shown significant sales potential.

Royal commentators note the complexity of their finances, making precise valuation difficult. While they are entirely self-funded, questions arise about the sustainability of their wealth given their considerable expenses, including multiple homes and extensive security.