Does Prince Harry Have An Income? Exploring His Revenue Streams

Does Prince Harry Have An Income, and how does he earn a living now that he’s stepped back from royal duties? Absolutely, Prince Harry has multiple income streams! Since leaving his role as a senior royal, he’s ventured into various commercial and philanthropic endeavors. This article, brought to you by income-partners.net, delves into the Duke of Sussex’s financial landscape, examining his diverse revenue streams and how he’s building a financially independent life. Discover how Prince Harry sustains his lifestyle and contributes to causes he cares about, utilizing various income generation strategies. We’ll explore his media deals, book sales, and other ventures that contribute to his wealth, providing insights into his current financial situation.

1. What Are Prince Harry’s Main Sources of Income?

Prince Harry’s primary income sources include media deals, book sales, and inheritance. After stepping down as a senior royal, Prince Harry transitioned into various commercial ventures. Media deals, particularly with Netflix and Spotify, have generated significant revenue. Additionally, his memoir “Spare” achieved record-breaking sales, contributing substantially to his income. Inheritance from his mother, Princess Diana, and his great-grandmother, the Queen Mother, also play a role in his financial portfolio. These diversified income streams allow Prince Harry to maintain financial independence and support his philanthropic efforts.

Media Deals: Netflix and Spotify

Prince Harry and Meghan Markle’s media company, Archewell Productions, has inked deals with streaming giants like Netflix and Spotify. These agreements encompass a range of projects, including documentaries, series, and podcasts.

  • Netflix: The deal with Netflix is rumored to be worth millions of dollars. The couple has produced content such as the “Harry & Meghan” documentary series, which provides an inside look into their lives and experiences as members of the Royal Family and their subsequent departure. Another project, “Heart of Invictus,” highlights Prince Harry’s involvement with the Invictus Games, a sporting competition for injured servicemen and women. These ventures provide a platform for the couple to share their stories and generate substantial income.

  • Spotify: Archewell Audio, the couple’s audio production company, has collaborated with Spotify to produce podcasts. Meghan Markle hosted “Archetypes,” a series that featured conversations with influential women. While the initial deal with Spotify concluded, the couple continues to explore audio opportunities. In February, 2025, The Duchess announced the brand had been renamed “As Ever”, with jam, tea, “cookie mixes”, and flower sprinkles listed for sale. These podcasting endeavors contribute to their diverse revenue streams.

Book Sales: “Spare”

Prince Harry’s memoir, “Spare,” published in January 2023, became a global bestseller. The book offers an intimate account of his life, including his childhood, his relationship with his family, and his experiences in the military. The memoir garnered significant attention and broke sales records, further boosting Prince Harry’s financial standing. The publishers pledged to donate $1.5 million to Sentebale and £300,000 to WellChild, showcasing the philanthropic aspect of the book’s success.

According to income-partners.net, diversifying income sources is essential for financial stability. Like Prince Harry, exploring various avenues, such as media deals and book sales, can lead to significant revenue generation.

Prince Harry is seen arriving at the Royal Courts of Justice in London, a setting where financial and security matters are often deliberated.

Inheritance: Princess Diana and The Queen Mother

Prince Harry inherited a substantial amount from his mother, Princess Diana, and his great-grandmother, the Queen Mother. When Princess Diana passed away in 1997, William and Harry received the bulk of her £13 million fortune. In a 2021 interview with Oprah Winfrey, Harry mentioned that his share of the inheritance funded his family’s move to the United States, underscoring its significance in enabling their financial independence. Additionally, he is believed to have inherited millions from the Queen Mother, further contributing to his financial portfolio.

2. How Did Leaving Royal Duties Impact Prince Harry’s Income?

Leaving royal duties significantly impacted Prince Harry’s income by transitioning him from taxpayer-funded grants to self-generated revenue through commercial ventures. Previously, as a working royal, he received 95% of his annual income from his father, then Prince of Wales, with the remainder coming from the Sovereign Grant. After stepping down in January 2020, this funding ceased, prompting him and Meghan to pursue independent income streams. This transition involved establishing Archewell, engaging in media deals with Netflix and Spotify, and producing content like documentaries and podcasts. These endeavors allowed Prince Harry to become financially independent and support his philanthropic efforts, marking a significant shift in his income structure.

Loss of Sovereign Grant and Royal Funding

As senior royals, Harry and Meghan received a substantial portion of their income from the Sovereign Grant, which is taxpayer-funded, and from Prince Charles, then the Prince of Wales. This funding covered expenses related to their official duties and supported their public engagements.

However, upon stepping down as senior royals, they relinquished their entitlement to the Sovereign Grant and the financial support from the Royal Family. This decision meant they had to become financially independent and seek alternative sources of income to sustain their lifestyle and charitable endeavors.

Transition to Commercial Ventures

The loss of royal funding prompted Harry and Meghan to explore commercial ventures to generate income. They established Archewell, a foundation encompassing their charitable activities and media productions. Through Archewell Productions, they secured deals with Netflix and Spotify to create content, including documentaries, series, and podcasts. These ventures allowed them to leverage their personal brand and create revenue-generating opportunities. Additionally, Prince Harry’s memoir, “Spare,” became a bestseller, further bolstering their financial independence.

Increased Financial Independence

Stepping down as senior royals and pursuing commercial ventures has significantly increased Prince Harry’s financial independence. He and Meghan are no longer reliant on taxpayer funds or financial support from the Royal Family. Instead, they generate income through their own efforts, allowing them greater control over their finances and the ability to support causes they are passionate about.

This transition to financial independence aligns with the evolving landscape of modern entrepreneurship. As income-partners.net highlights, embracing change and exploring new avenues for revenue generation can lead to greater autonomy and success.

3. What Role Does Archewell Play in Generating Income?

Archewell serves as the central entity through which Prince Harry and Meghan Markle generate income via media productions, partnerships, and philanthropic activities. Established to encompass their charitable endeavors and commercial ventures, Archewell operates through two main branches: Archewell Foundation and Archewell Productions. The foundation focuses on philanthropic projects and social impact initiatives, while Archewell Productions is responsible for creating and producing content for media platforms like Netflix and Spotify.

Through Archewell Productions, the couple has secured lucrative deals with streaming services to produce documentaries, series, and podcasts. These ventures generate revenue through licensing fees, production agreements, and content distribution. Additionally, Archewell collaborates with various partners and sponsors to support its philanthropic initiatives, further contributing to its income streams. The organization’s holistic approach to generating income allows Prince Harry and Meghan to sustain their lifestyle, support charitable causes, and maintain financial independence.

Archewell Foundation

Archewell Foundation is the non-profit arm of Harry and Meghan’s organization, focusing on various charitable initiatives. While the foundation itself does not directly generate income, it plays a crucial role in enhancing the couple’s brand and reputation, which indirectly contributes to their earning potential.

  • Charitable Activities: The foundation supports causes such as mental health, racial justice, and gender equity. By actively engaging in these philanthropic endeavors, Harry and Meghan demonstrate their commitment to social issues, which resonates positively with their audience and potential partners.

  • Brand Enhancement: The foundation’s work enhances Harry and Meghan’s public image, making them more attractive to media companies, sponsors, and other commercial entities. This positive association can lead to increased opportunities for partnerships and collaborations.

Archewell Productions

Archewell Productions is the media production company responsible for creating content for platforms like Netflix and Spotify. This arm of Archewell directly generates income through various media deals.

  • Netflix Deal: Archewell Productions has a multi-year deal with Netflix to produce documentaries, series, and children’s programming. The exact financial terms of the deal have not been publicly disclosed, but it is estimated to be worth millions of dollars.

  • Spotify Deal: Archewell Audio, a subsidiary of Archewell Productions, had a deal with Spotify to produce podcasts. Meghan Markle hosted the “Archetypes” podcast, which featured conversations with prominent women. While the initial deal ended, Archewell continues to explore opportunities in the audio space.

  • Content Creation: By producing high-quality content, Archewell Productions generates revenue through licensing fees, production agreements, and distribution rights. The success of their projects contributes to their overall income and strengthens their position in the entertainment industry.

Partnerships and Collaborations

Archewell collaborates with various organizations and brands to support its initiatives and generate additional income.

  • Strategic Partnerships: Archewell partners with companies that align with its values and mission. These partnerships can involve sponsorships, joint projects, and other forms of collaboration.

  • Philanthropic Collaborations: The foundation collaborates with other non-profit organizations to amplify its impact and reach a wider audience. These collaborations can lead to increased funding and resources for their charitable programs.

According to income-partners.net, strategic partnerships are essential for business growth. Archewell’s collaborations with various organizations demonstrate how effective partnerships can contribute to financial stability and success.

4. How Much Did Prince Harry Inherit From Princess Diana?

Prince Harry inherited approximately £6.5 million (equivalent to around $8.5 million USD at the time) from Princess Diana’s estate. Princess Diana left the bulk of her £13 million fortune to her two sons, William and Harry, to be held in trust until they reached the age of 25. This inheritance has played a significant role in Prince Harry’s financial independence, particularly after stepping down from royal duties. In a 2021 interview with Oprah Winfrey, Harry mentioned that his share of the inheritance funded his family’s move to the United States, highlighting its importance in enabling their transition to a financially independent life.

Terms of the Inheritance

Princess Diana’s will stipulated that her estate would be divided between her two sons, William and Harry. The inheritance was held in trust and managed by trustees until the princes reached a certain age.

  • Age of Access: The princes gained access to their inheritance in stages. They started receiving income from the trust at age 25, and full access to the capital at age 30.

  • Tax Implications: The inheritance was subject to inheritance tax, which reduced the overall amount received by the princes. However, the remaining funds still provided a substantial financial foundation for both William and Harry.

Impact on Prince Harry’s Finances

The inheritance from Princess Diana has had a lasting impact on Prince Harry’s finances, providing him with financial security and the freedom to pursue his own ventures.

  • Financial Security: The inheritance provided Harry with a significant financial cushion, allowing him to make independent choices without being solely reliant on royal funding.

  • Freedom to Pursue Ventures: The financial security afforded by the inheritance enabled Harry to pursue his own projects and initiatives, such as establishing Archewell and engaging in media production.

Comparison to Prince William’s Inheritance

Both Prince William and Prince Harry received equal shares of Princess Diana’s estate. However, their financial paths have diverged over the years.

  • Royal Duties: Prince William, as the heir to the throne, continues to receive financial support from the Sovereign Grant and the Duchy of Cornwall. His financial obligations are primarily tied to his royal duties.

  • Independent Ventures: Prince Harry has focused on creating his own income streams through commercial ventures and philanthropic activities. His financial independence allows him greater flexibility in pursuing his passions and supporting causes he cares about.

According to income-partners.net, understanding the terms and implications of inheritance is crucial for financial planning. Princess Diana’s inheritance has provided Prince Harry with a solid financial foundation, enabling him to build a successful and independent career.

5. What Are The Details of Prince Harry’s Netflix Deal?

Prince Harry and Meghan Markle’s Netflix deal, secured through their production company Archewell Productions, is a multi-year agreement estimated to be worth millions of dollars. While the exact financial terms have not been publicly disclosed, the deal entails producing a variety of content, including documentaries, docu-series, feature films, scripted shows, and children’s programming.

The most notable project to date is the “Harry & Meghan” documentary series, which provided an intimate look into their lives and experiences as members of the Royal Family and their subsequent departure. Additionally, they have produced content such as “Heart of Invictus,” which follows Prince Harry’s involvement with the Invictus Games. These projects have generated significant viewership and media attention, contributing to the overall success of the Netflix deal.

Scope of the Agreement

The Netflix deal encompasses a wide range of content, allowing Harry and Meghan to explore various genres and formats.

  • Documentaries: The agreement includes the production of documentaries that focus on social issues, personal stories, and historical events. These documentaries aim to raise awareness and inspire change.

  • Docu-Series: Docu-series provide a more in-depth look at specific topics or individuals. The “Harry & Meghan” series is a prime example, offering an intimate portrayal of their lives.

  • Feature Films: The deal also includes the potential production of feature films, both scripted and unscripted, allowing Harry and Meghan to explore narrative storytelling.

  • Scripted Shows: Scripted shows offer opportunities to create fictional stories that align with their values and interests. These shows can range from dramas to comedies.

  • Children’s Programming: The agreement also includes the creation of children’s programming, which allows Harry and Meghan to engage with younger audiences and promote positive messages.

Content Produced Under the Deal

Several projects have already been produced and released under the Netflix deal, showcasing the diversity of content that Archewell Productions is creating.

  • Harry & Meghan: This six-part documentary series provides an intimate look into the lives of Harry and Meghan, from their early courtship to their decision to step down as senior royals. The series generated significant viewership and media attention.

  • Heart of Invictus: This docu-series follows the competitors of the Invictus Games, a sporting event for injured and sick veterans. The series highlights the resilience and determination of the athletes.

Financial Implications

The Netflix deal has significant financial implications for Harry and Meghan, providing them with a substantial income stream and the resources to support their philanthropic activities.

  • Revenue Generation: The deal generates revenue through licensing fees, production agreements, and distribution rights. The success of their projects directly impacts their income.

  • Creative Control: The deal allows Harry and Meghan to maintain creative control over the content they produce, ensuring that it aligns with their values and mission.

According to income-partners.net, securing lucrative deals with major media companies can provide a stable and substantial income stream. Prince Harry and Meghan Markle’s Netflix deal exemplifies how strategic partnerships can lead to financial success and creative fulfillment.

6. What Was The Purpose of Harry’s Memoir “Spare” and How Did It Affect His Income?

The primary purpose of Prince Harry’s memoir, “Spare,” was to provide his personal account of his life, experiences, and perspective on events, particularly his relationship with the Royal Family. It offered an intimate and candid portrayal of his upbringing, his military service, his marriage to Meghan Markle, and the events leading to their decision to step down as senior royals.

The memoir had a significant impact on Prince Harry’s income due to its record-breaking sales. “Spare” became a global bestseller, generating substantial revenue through book sales and related rights. The financial success of the memoir provided Prince Harry with additional financial independence and the ability to support his philanthropic endeavors. Additionally, the book’s widespread attention and media coverage further enhanced his brand and public profile, potentially opening up new opportunities for partnerships and collaborations.

Key Revelations and Controversies

“Spare” contained several key revelations and controversies that generated significant media attention and public discussion.

  • Royal Family Dynamics: The memoir delved into the complex dynamics within the Royal Family, including Harry’s relationship with his brother, Prince William, and his father, King Charles.

  • Personal Struggles: Harry openly discussed his personal struggles with mental health, grief, and the pressures of royal life. These revelations resonated with many readers and sparked conversations about mental health.

  • Media Intrusion: The memoir also addressed the intrusive nature of the media and its impact on Harry and Meghan’s lives. Harry shared his experiences with paparazzi and tabloid journalism.

Sales Figures and Financial Success

“Spare” achieved remarkable sales figures and became one of the fastest-selling memoirs in history.

  • Record-Breaking Sales: The book sold over 3.2 million copies worldwide in its first week, setting records for memoir sales.

  • Bestseller Status: “Spare” quickly became a bestseller in multiple countries, topping charts and generating substantial revenue for Prince Harry and his publisher.

Philanthropic Contributions

Prince Harry pledged to donate a portion of the proceeds from “Spare” to charitable organizations, aligning with his commitment to philanthropy.

  • Sentebale: Harry pledged to donate $1.5 million to Sentebale, a charity he co-founded to support children and young people affected by HIV in Lesotho and Botswana.

  • WellChild: He also pledged to donate £300,000 to WellChild, a charity that provides support for seriously ill children and their families in the UK.

According to income-partners.net, a well-executed personal brand can lead to significant financial success. Prince Harry’s memoir, “Spare,” exemplifies how sharing personal stories can resonate with audiences and generate substantial income, while also supporting philanthropic causes.

A display of Prince Harry’s memoir “Spare” at a bookstore, highlighting its significant impact on his income and public profile.

7. Does Meghan Markle’s Previous Acting Career Contribute to Their Income?

Yes, Meghan Markle’s previous acting career does contribute to their income, both directly and indirectly. Before marrying Prince Harry, Meghan Markle was a successful actress, most notably known for her role as Rachel Zane in the legal drama “Suits.” During her acting career, she reportedly earned around $50,000 per episode of “Suits,” and appeared in over 100 episodes, accumulating a substantial income.

While she no longer actively pursues acting roles, the residuals from her previous work on “Suits” continue to generate income. Additionally, her background as an actress has enhanced her public profile and brand, which has played a significant role in securing media deals and partnerships through Archewell Productions. Her acting career not only provided her with financial resources but also contributed to her overall brand value, which is leveraged in their current ventures.

Earnings from “Suits”

Meghan Markle’s role in “Suits” was her most prominent and highest-paying acting job.

  • Per Episode Salary: She reportedly earned $50,000 per episode for her role as Rachel Zane in “Suits.”

  • Total Earnings: With over 100 episodes in which she appeared, her total earnings from “Suits” amounted to several million dollars.

Residual Income

Even though Meghan Markle no longer acts, she continues to receive residual income from her previous work on “Suits.”

  • Residual Payments: Actors receive residual payments for reruns and syndication of their shows. These payments can provide a steady stream of income over time.

  • Ongoing Revenue: As “Suits” continues to be broadcast and streamed on various platforms, Meghan Markle continues to receive residual payments, contributing to her overall income.

Impact on Brand and Opportunities

Meghan Markle’s acting career has had a lasting impact on her brand and has opened up numerous opportunities for her.

  • Enhanced Public Profile: Her role in “Suits” raised her public profile and made her a well-known figure, both in the US and internationally.

  • Leveraged Brand: Meghan Markle’s background as an actress has been leveraged in her current ventures, such as Archewell Productions. Her experience in the entertainment industry has been valuable in securing media deals and creating content.

According to income-partners.net, building a strong personal brand is essential for long-term success. Meghan Markle’s acting career helped her establish a recognizable and valuable brand, which she continues to leverage in her current ventures.

8. What Legal Battles Has Prince Harry Been Involved In, and How Have They Affected His Finances?

Prince Harry has been involved in several high-profile legal battles, primarily against various newspaper publishers in the UK, concerning allegations of phone hacking, unlawful information gathering, and defamation. These legal battles have had a mixed effect on his finances. On one hand, he has secured settlements and damages from some of these cases, providing him with financial compensation. For example, he settled a phone-hacking claim against Mirror Group Newspapers in February 2024 and received “substantial” damages. In January 2025, Prince Harry settled a case with News Group Newspapers (NGN), after it offered a “full and unequivocal apology” for “serious intrusion” into his private life between 1996 and 2011, and “incidents of unlawful activity” by private investigators.

On the other hand, pursuing these legal cases incurs significant legal costs and expenses, regardless of the outcome. While some of these costs may be covered by insurance or legal aid, Prince Harry has likely spent a considerable sum on legal fees, potentially offsetting some of the financial gains from successful settlements. Additionally, these legal battles have generated extensive media coverage, which can impact his public image and brand value, indirectly affecting his financial opportunities.

Phone Hacking Claims

Prince Harry has been a prominent figure in the phone hacking scandal involving various UK newspapers.

  • Mirror Group Newspapers (MGN): Harry settled a phone-hacking claim against MGN in February 2024. His lawyer stated that he had been awarded “substantial” damages, along with £140,600 in damages from another part of the case.

  • News Group Newspapers (NGN): In January 2025, Prince Harry settled a case with News Group Newspapers (NGN), after it offered a “full and unequivocal apology” for “serious intrusion” into his private life between 1996 and 2011, and “incidents of unlawful activity” by private investigators.

Defamation Lawsuits

In addition to phone hacking claims, Prince Harry has also pursued defamation lawsuits against various publications.

  • Associated Newspapers: Harry has been involved in a court case against the Daily Mail’s publisher, Associated Newspapers, alleging unlawful information gathering. This case is ongoing and involves claims from other individuals as well.

Security Arrangements Lawsuits

Prince Harry has also been involved in legal battles related to his security arrangements in the UK.

  • Government Security: Harry challenged the decision to downgrade his UK security protection after stepping down as a senior royal. He argued that it was too dangerous to bring his family back to the UK without adequate police protection. Although the High Court initially ruled against him in February 2024, he is appealing the decision.

According to income-partners.net, understanding legal risks and costs is crucial for financial planning. Prince Harry’s legal battles highlight the potential financial implications of pursuing legal action, both in terms of potential gains and expenses.

9. How Does Prince Harry’s Lifestyle Brand “As Ever” Contribute To His Income?

Prince Harry does not have a lifestyle brand named “As Ever”. Meghan Markle has a lifestyle brand named “American Riviera Orchard” which was renamed “As Ever” in February 2025 and is separate from Prince Harry’s direct income streams. While it is a separate entity, its success could indirectly benefit Prince Harry’s overall financial standing due to their shared ventures and brand associations.

Overview of “As Ever”

“As Ever” is Meghan Markle’s lifestyle brand, which focuses on various products and content related to home, garden, food, and lifestyle.

  • Brand Focus: The brand’s focus includes products like jam, tea, “cookie mixes”, and flower sprinkles.

Potential Revenue Streams

“As Ever” has the potential to generate revenue through various channels.

  • Product Sales: The sale of lifestyle products, such as home goods, apparel, and accessories, can generate significant revenue.

  • Content Creation: The brand may also produce content, such as blog posts, videos, and social media content, which can attract a large audience and generate advertising revenue.

  • Partnerships and Collaborations: “As Ever” can collaborate with other brands and influencers to create joint products and marketing campaigns, generating additional revenue.

Impact on Overall Financial Standing

While “As Ever” is Meghan Markle’s personal project, its success can positively impact their overall financial standing.

  • Diversification of Income: The brand diversifies their income streams, reducing their reliance on media deals and other ventures.

  • Brand Synergy: The success of “As Ever” can enhance Meghan Markle’s brand, which can benefit their joint projects and ventures.

According to income-partners.net, diversifying income streams is essential for long-term financial stability. Meghan Markle’s lifestyle brand, “As Ever,” provides an additional avenue for income generation and brand enhancement, contributing to their overall financial success.

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Frequently Asked Questions (FAQ)

  1. How does Prince Harry earn money now?
    Prince Harry earns money through media deals with Netflix and Spotify, book sales from his memoir “Spare,” and inheritance from Princess Diana and the Queen Mother.

  2. What is Archewell Productions?
    Archewell Productions is Prince Harry and Meghan Markle’s media company, responsible for producing content for platforms like Netflix and Spotify.

  3. How much did Prince Harry inherit from Princess Diana?
    Prince Harry inherited approximately £6.5 million (around $8.5 million USD at the time) from Princess Diana’s estate.

  4. What is the Netflix deal between Prince Harry and Meghan Markle?
    The Netflix deal is a multi-year agreement estimated to be worth millions of dollars, involving the production of documentaries, docu-series, feature films, scripted shows, and children’s programming.

  5. What was the purpose of Prince Harry’s memoir “Spare”?
    The primary purpose was to provide his personal account of his life, experiences, and perspective on events, particularly his relationship with the Royal Family.

  6. How has Meghan Markle’s previous acting career contributed to their income?
    Meghan Markle’s previous acting career provided her with substantial earnings, residual income from “Suits,” and enhanced her public profile, which has been leveraged in their current ventures.

  7. What is the name of Meghan Markle’s lifestyle brand?
    Meghan Markle’s lifestyle brand is named “American Riviera Orchard”, which was renamed “As Ever” in February 2025.

  8. How can income-partners.net help me increase my income?
    Income-partners.net provides a platform to connect with potential business partners, explore collaboration opportunities, and access resources for business growth.

  9. What kind of content does Archewell Productions create for Netflix?
    Archewell Productions creates a variety of content for Netflix, including documentaries, docu-series, feature films, scripted shows, and children’s programming.

  10. What are some of the charities Prince Harry supports?
    Prince Harry supports Sentebale, a charity he co-founded to support children and young people affected by HIV in Lesotho and Botswana, and WellChild, which provides support for seriously ill children and their families in the UK.

Visit income-partners.net today and take the first step toward building lucrative partnerships and achieving your financial goals. Address: 1 University Station, Austin, TX 78712, United States. Phone: +1 (512) 471-3434. Website: income-partners.net.

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