Born Henry Charles Albert David in 1984, the
Duke of Sussex has come a long way since his
party boy days.
He's now settled down with Meghan Markle and
has to be an upstanding member of the royal
family.
Part of that responsibility is knowing how
to manage money, but, spoiler alert: he'll
be fine.
From his multiple inheritances to his wife's
substantial wealth, let's add it all up to
see how much Prince Harry is really worth.
From mom
Following her tragic passing in 1997, Princess
Diana's will ensured that her two sons and
their families would be set up for life through
a Discretionary Fund.
According to The Balance, the fund managed
assets such as intellectual property, apparel,
and accumulated income.
Additionally, an estate was created for Prince
William and Prince Harry and held in trust
until their 30th birthdays, and by that time,
the estate had reportedly grown to $16 million.
Diana's sons both started receiving dividends
when they turned 25, earning Harry $450,000
a year, according to Esquire.
The brothers also inherited their mother's
private jewelry collection, though its value
remains unknown to this day.
Great-grandma and grandma
When great-grandma Queen Mother Elizabeth
Bowes Lyon passed in 2002, she bequeathed
her estate to her only living child, Queen
Elizabeth the second.
However, $18 million was left to Prince William
and Harry to share, and since the rules pertaining
to the British monarchy's money are complicated,
the bulk of that dough went into a trust for
Harry.
Why not William?
According to the Express, since the Duchy
of Cornwall will pass to William when Charles
becomes king, Harry won't inherit any of that
money.
When it comes to grandma Queen Elizabeth the
second, it stands to reason that Harry will
inherit at least some of her wealth when she
passes.
The royal family isn't big on discussing money,
but according to BBC, in 2002 the queen inherited
her mother's entire estate, which was valued
at $93 million at the time.
Forbes reported that the Queen has an estimated
net worth of $500 million.
Duchy allowance
Let's go back to the Duchy of Cornwall.
According to the Express, the revenues from
the estate include a staggering $6.8 million
annual allowance to cover, quote, "the costs
of staffing, travel and the official wardrobes"
of Harry, the Duke and Duchess of Cambridge,
and now Meghan Markle.
According to a 2016 article in the New Zealand
Herald, Harry spent roughly $135,000 traveling
with his staff to Brazil and Chile.
Army paychecks
Military service for members of the British
royal family is not required, but Harry completed
a 10-year career in the British Army in 2015.
He published a piece in The Times about his
experience in Afghanistan, writing, in part,
"I saw some horrendous things: the tragic
injuries and deaths of local people from roadside
bombs, some of whom were children; coalition
forces lying on the battlefield; and the constant
ferrying of injured personnel to the hospital.
[…] See it, smell it, hear it, feel it,
there was no escaping it."
According to Fortune, his salary was $45,000
per year.
Wealthy wife
Now that Meghan Markle is an official member
of the royal family, her life will change
in a big way, but make no mistake, she wasn't
looking for a sugar daddy she's rich on her
own.
The Duchess of Sussex walked away with a tidy
sum from her time on the USA series Suits,
where Markle reportedly earned $50,000 per
episode.
According to the Daily Mail, she's accumulated
an estimated $5 million over the span of her
acting career.
Though she's no longer acting, Markle's economic
power is greater than ever.
According to The New York Times,
"[She] could contribute [about $209 million]
annually simply to British fashion in the
form of unofficial endorsements."
Thanks, dad
First in line to the throne, Prince Charles
has generated a substantial fortune during
his lifetime.
According to Business Insider, he has a reported
net worth of $100 million with some estimates
as high as $400 million.
The vast majority of his wealth flows from
the Duchy of Cornwall, which paid him $25
million in 2016.
That same year, his total assets reached nearly
$1.3 billion.
Prince Charles is also an entrepreneur, founding
Duchy Originals, an organic food company,
in 1990.
At some point down the line, Prince Harry
and his brother will likely split the bulk
of their father's tremendous wealth.
Combined net worth
Now that we know how Harry and Meghan earned
their money, let's figure out their combined
net worth following their historic wedding.
The Duchess of Sussex brings about $5 million
to the table, but what's in her husband's
wallet depends on who you ask.
Money reported that while there are many guesses
out there, the conservative estimate right
now is $25 million.
"Boom."
It's safe to say that these newlyweds are
probably worth at least $30 million... with
much more to come.
Yeah, they'll be just fine.
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