Prince Harry, the Duke of Sussex, is one of the most prominent figures in the British royal family, and his financial standing has been a topic of interest for many. Since stepping back from his official royal duties in 2020, Prince Harry has shifted his focus to building his own wealth through various independent ventures. In this article, we will take an in-depth look at Prince Harry Net Worth in 2024, explore the key sources of his income, and compare his financial standing to that of his brother, Prince William, the Crown Prince of the United Kingdom.
What Is Prince Harry Net Worth in 2024?
As of 2024, Prince Harry’s estimated net worth is $60 million. While he was born into wealth as a member of the British royal family, his net worth today reflects a combination of his inheritance, earnings from various projects, and his financial independence after stepping down from royal duties. Here’s a breakdown of the key sources contributing to his current wealth.
1. Inheritance from Princess Diana
Prince Harry’s wealth has been significantly shaped by his inheritance from his late mother, Princess Diana. Upon her death in 1997, Harry and his brother, Prince William, inherited a portion of her estate, including stocks, cash, jewelry, and personal belongings. Harry reportedly received around £10 million ($13 million) from this inheritance when he turned 30, providing him with a strong financial foundation even before his personal ventures began.
2. Income from the Duchy of Cornwall
Before stepping down from royal duties, Prince Harry, like his brother William, received annual income from the Duchy of Cornwall—a private estate that generates millions of pounds in revenue for the Prince of Wales. Although Harry no longer benefits from this after leaving his official role as a senior royal, the income he received from the Duchy played a part in his financial standing until 2020. The annual income from the Duchy provided Harry with around £2.5 million ($3.3 million) during his time as a working royal.
3. Netflix and Spotify Deals
One of the most significant changes in Prince Harry’s financial portfolio came after he and Meghan Markle, the Duchess of Sussex, signed lucrative media deals. In 2020, the couple signed a multi-year deal with Netflix, reportedly worth $100 million, to produce documentaries, docuseries, and children’s programming. This partnership with Netflix has been a significant source of income for the couple, with Prince Harry playing a leading role in creating content that aligns with their values.
Additionally, they signed a deal with Spotify, reportedly worth $25 million, to produce podcasts through their company, Archewell Audio. These partnerships have proven to be major contributors to Prince Harry’s financial independence post-royalty.
4. Book Deals
Another key contributor to Prince Harry’s net worth has been his memoir deal. In 2022, Prince Harry released his highly anticipated memoir titled Spare. The book deal itself is reportedly worth $20 million, which includes advances and royalties from future sales. Spare quickly became a bestseller upon its release, adding millions to Harry’s earnings.
His literary ventures, along with Meghan’s children’s book The Bench, have helped diversify their income sources, demonstrating that Prince Harry’s financial growth is increasingly driven by commercial projects.
5. Public Speaking Engagements
Since moving to the United States, Prince Harry has also become a highly sought-after public speaker. Through their partnership with the Harry Walker Agency, both Harry and Meghan have participated in numerous speaking engagements, covering topics such as mental health, leadership, and philanthropy. It’s estimated that the couple can earn up to $1 million per speaking event, making this another lucrative source of income for Prince Harry.
6. Real Estate Investments
Prince Harry and Meghan Markle purchased a mansion in Montecito, California, in 2020 for a reported $14.7 million. This home is a significant asset in their portfolio and has added to Prince Harry’s net worth. The Montecito property includes nine bedrooms, 16 bathrooms, and features such as a pool, tennis court, and tea house, reflecting the couple’s lavish lifestyle. Over time, real estate investments such as this one will likely appreciate in value, contributing further to Prince Harry’s wealth.
Crown Prince William’s Net Worth in 2024
To understand Prince Harry’s financial standing in comparison to his brother, it’s important to examine Crown Prince William’s estimated net worth. As of 2024, Prince William’s net worth is estimated to be around $100 million. This includes his inheritance from Princess Diana, his income from the Duchy of Cornwall, and the wealth he will inherit as the future King of the United Kingdom.
1. Duchy of Cornwall
As the heir to the throne, Prince William now oversees the Duchy of Cornwall, which generates approximately £20 million ($25 million) in annual income. This estate is a significant part of William’s wealth, providing him with a steady stream of income. In comparison, Prince Harry no longer receives funds from the Duchy following his decision to step back from royal duties.
2. Inheritance from the Queen Mother
In addition to their inheritance from Princess Diana, both Harry and William received funds from their great-grandmother, the Queen Mother. It is reported that William received a larger portion of this inheritance due to his position as the future monarch, further boosting his net worth.
3. Future Royal Wealth
Once Prince William ascends to the throne, he will inherit vast royal estates and holdings, including the Crown Estate, which is worth billions. While this doesn’t directly contribute to his personal wealth, it does reflect the significant financial advantage that comes with his royal title.
Comparison: Prince Harry and Prince William’s Net Worths
As of 2024, Prince William’s estimated net worth of $100 million is notably higher than Prince Harry’s estimated $60 million. The primary difference in their wealth comes from William’s future role as King, which brings with it additional estates and assets, and his continued income from the Duchy of Cornwall. Prince Harry, on the other hand, has built his wealth primarily through commercial ventures like media deals, book sales, and public speaking.
Conclusion
In 2024, Prince Harry’s net worth is estimated to be $60 million, a figure that reflects his transition from royal life to financial independence. His wealth is driven by major media deals with Netflix and Spotify, successful book sales, and lucrative public speaking engagements. Although his net worth is lower than his brother Prince William’s, Harry has established a substantial financial foundation that continues to grow.
As Prince Harry continues to expand his media projects and philanthropic endeavors, his net worth is expected to increase in the coming years, making him one of the most financially successful members of the British royal family to step outside of royal duties.