Prince Harry Net Worth: How does (and how much) the 'Spare' royal family member earn his living after leaving the royal fold?

Time of India

03-05-2025

The second son of the royal family is on to making some waves, once again!
King Charles' younger son, Prince Harry, lost his legal challenge to changes to his security arrangements made by the British government following his decision to step down from royal duties with his wife, Meghan. The Court of Appeal ruled unanimously that a committee hadn't treated Harry unfairly when it decided to review his protection on a case-by-case basis each time he visits the UK.
One of Harry's biggest expenses is security for himself, Meghan, and their children, Archie and Lilibet. He reportedly spends around $2 million a year on security. Although it wasn't immediately clear whether Prince Harry would try to appeal to the UK Supreme Court, it is likely that the second son has been left with a large bill to pay the UK, including the government's legal fees and his own lawyers' costs.
However, that might not be a big dent in his pockets, given the Duke of Sussex's net worth.
How much is it?
Read on to find out.
Prince Harry's net worth:
As the youngest son of King Charles and the late Princess Diana, Prince Harry is fifth in line for the throne, although in January 2020, he and his wife, Meghan Markle, announced their decision to "step back" from their roles as senior royals in order to raise their family away from the scrutiny of the media. This move was intended to help them achieve financial independence while still supporting the monarchy.
In leaving their royal duties, Harry and Meghan distanced themselves from the extensive financial resources associated with the British monarchy, which is valued at approximately $28 billion. This wealth includes a vast array of assets such as castles, properties, and jewels, as well as funds from the Sovereign Grant, which is partially derived from taxpayer money. Their decision to step back also meant the loss of their official security detail.
Despite these challenges, the couple seized the opportunity to focus on new ventures, ultimately capitalizing on their fame to secure lucrative multi-million-dollar contracts with companies like Netflix and Spotify. They have also generated income through speaking engagements and various investments. In January 2023, Harry published a bestselling memoir, and in January 2025, he received an estimated $12 million in damages from the publisher of "The Sun."
The inheritance adds up:
As of 2025, Prince Harry's net worth is estimated to be around $60 million. He inherited $10 million from Princess Diana upon turning 25, and an additional $8.5 million from The Queen Mother on his 40th birthday in 2024. Given his relationship to Queen Elizabeth, it is likely that he was included in her will, although specific details remain undisclosed. Previously, as a working royal, Harry received an annual allowance of about $800,000 from the Duchy of Cornwall and was provided with $3 million for renovations to Frogmore Cottage, which he and Meghan repaid when they stepped back from their royal responsibilities.
In order to generate income independently, Prince Harry has taken advantage of the freedoms that come with not being a senior royal. He has highlighted the limitations of the traditional royal structure, which often restricts members from using their public platforms for personal gain. By stepping away, Harry has been able to control his own narrative and advocate for causes that matter to him, such as veterans' issues and mental health awareness.
How does Prince Harry earn his living?
Harry has successfully created multiple sources of income. Along with the money he inherited, he and Meghan have a deal with Netflix and previously had a $20 million contract with Spotify, which ended before they could complete all their planned content. They produced only 12 episodes of Meghan's podcast, Archetypes.
Harry is also an author, works as the chief impact officer at BetterUp, represents Travalyst, and invests in Ethic. He and Meghan earn about $1 million for each speaking engagement.
Harry reportedly received a $20 million advance for his memoir, Spare, which became one of the best-selling books. He may have earned an extra $6 million or $7 million from hardcover sales and will likely continue to earn from the paperback version.
The birthday bump:
Harry inherited $10 million from his mother, Princess Diana, when he turned 25. He mentioned in his and Meghan's interview with Oprah Winfrey that this money helped cover their living and security expenses when they stepped down from royal duties and moved to the US
For his 40th birthday, Harry inherited about $8.5 million from a $90 million trust set up by his great-grandmother, The Queen Mother. It's unclear if the late Queen Elizabeth left anything to Harry in her will after her death in September 2022.
Harry and Meghan could make around $100 million from Netflix if they keep producing popular content. Their docuseries, Harry & Meghan, received high ratings, and they have a romantic comedy planned. Other projects like Heart of Invictus and Live to Lead haven't become very popular, and their animated series, Pearl, was canceled before it started.
Not all of the $100 million will go to Harry and Meghan; some will cover the costs of their production staff. Additionally, Meghan has a cooking and lifestyle show in the works for Netflix to launch with her brand, As Ever.
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