ROYAL FAMILY
Prince Harry and Meghan Markle’s business ventures
The Duke and Duchess of Sussex have done well for themselves since the split from the Royal Family, having signed several multi-million dollar deals.
Prince Harry and his American-born wife Meghan Markle have been hard at work since stepping back from their royal duties in January 2020.
Prince Harry and Meghan’s business ventures
Following their decision to step away from the Royal Family, the couple have embarked on a number of business ventures that have significantly increased their wealth, after publicly stating that the couple does not wish to live off of the wealth of the Royal Family.
From books to television and podcasts, the duo have dabbled in many media-related ventures, many of which have shared details on the Royal Family like never before. The Duke and Duchess of Sussex are now estranged from the family, and tensions continue to arise as the May 6 Coronation approaches.
According to Forbes, the Sussexes gained about $135 million for their joint business ventures since 2020.
The release of ‘Spare’
Prince Harry’s now famous tell-all memoir ‘Spare’, released in January 2023, has sold more than 1.4 million copies and earned him an estimated $20 million. The Guinness World Record has named it the fastest-selling nonfiction book of all time.
‘Spare’ sold 629,300 print copies in the United States during its first week. Penguin Random House, ‘Spare’ publisher reported that the Duke of Sussex intends to give some of the booked proceeds to British charities including about $671,000 to WellChild and $1.5 million to Southern Africa’s Sentebale, an organization the prince helped establish to help children affected by HIV. Prince Harry has reportedly already made the donation to Sentebale.
The five-year Netflix deal
Prince Harry and Meghan Markle’s shocking docuseries ‘Harry and Meghan’ is one small part of a five-year, $100 million contract with Netflix, which is scheduled to see the couple produce more docuseries and documentaries, as well as feature films, scripted shows, and even children’s programming.
The couple has released the docuseries ‘’Live to Lead’, featuring world leaders and celebrities such as Ruth Bader Ginsburg and Gloria Steinem, while a children’s show, the animated ‘Pearl’, was abandoned before its release. There’s also the docuseries ‘Heart of Invictus’, which portrays injured service members gearing up for the Invictus Games, to be released in 2023.
Meghan’s Spotify podcast
In the same year the couple shed their duties as senior members of the Royal Family, the pair signed a three-year contract with Spotify for somewhere between $15 million to $25 million, according to varying reports from industry sources. Markle’s podcast, ‘Archetypes’, was released in August 2020.