Megan Markle Net Worth 2021, Early Life, Personal Life, and Source of Earning

After quitting royalties and all entitlement to it, one would think that Megan Markle Net Worth will be as miserable as a commoner’s. But is this the case? How much do you think Megan Markle makes since he surrendered her royal life? Well don’t think too much as we are about guiding you through Prince Harry’s wife Net worth

Megan Markle Net Worth

Here’s where the duchess’ net worth currently stands following her dizzying journey from private citizen to acclaimed television actress to working royal, and back again. But before then, let’s look briefly at her early life as well as her personal life concerning her relationships.

Early Life of Rachel Meghan Markle

Rachel Meghan Markle was born in Los Angeles, California, on August 4, 1981. Her parents Doria Ragland and Thomas Markle Sr. divorced when she was six years old, and she is their only child together.

She has two paternal half-siblings from whom she is reportedly estranged. Markle is of mixed-race heritage; her mother is African American, and her father is of white European descent.

Growing up, Markle’s mother taught yoga, and her father was a lighting director for television shows. Her father won several awards including Emmys for his work in TV.

Markle grew up in Hollywood, California, where she received her education at private schools like the Hollywood Little Red Schoolhouse and Immaculate Heart High School.

She continued her education at Northwestern Sorority, graduating with double degrees in theater and international studies in 2003.

Personal Life of Markle

Markle started a relationship with actor and producer Trevor Engelson in 2004, and the pair got married in September 2011.

Megan Markle Net Worth

However, they got a no-fault divorce in August 2013, following which she dated celebrity chef Cory Vitiello for almost two years.

In June 2016 Meghan Markle was rumored to be romantically linked to Prince Harry, a member of the British royal family.

Their relationship was confirmed in November 2016. One year later, in November 2017, the couple announced that they were engaged, and they officially tied the knot in March 2018.

In May 2019, Meghan gave birth to a son named Archie, who is seventh in line to the British throne. Through her marriage to Prince Harry, Markle is now known as the Duchess of Sussex.

Rachel Meghan Markle Source of Income

This is very important as you will want to know how the duchess earns her net worth after leaving behind the crown.

Now that they’ve left their life as full-time working Royals, the Duke and Duchess of Sussex are tapping into their celebrity status to make money and bolster what they currently have. Now, let’s go straight to see how she makes her money.

Megan Markle Net Worth

Netflix Deal:

On September 2, 2020, it was announced that Harry and Meghan had inked a multi-year “mega deal” with Netflix.

Through the deal, Harry and Meghan will launch a production company, through which they will ultimately create scripted content, documentaries, and children’s programming. It was reported that the deal could be worth as much as $150 million.

Real Estate:

After announcing their decision to step back from royal duties, Harry and Meghan first spent some time in Canada before leaping down to Southern California where they lived for several months at a home owned by Tyler Perry.

In August 2020 it was revealed that Harry and Meghan had purchased a home in Montecito, California (near Santa Barbara) for $14.7 million.

An Influencer:

Long live The Tig! For those who don’t remember or weren’t inhaling every bit of news about the soon-to-be American princess back in 2017 (could never be me!), Meghan used to run a blog called The Tig.

Unfortunately, she shut it down soon after her romance with Harry went public, but not before sharing some truly iconic takes on her idea of a perfect bachelorette weekend (no “headbands of the phallic persuasion” here) and her undying love of hot sauce.

Between any monetization scheme and endorsements attached to her popular blog and various sponsored posts on her social media feeds, Meghan was estimated to have earned about $80,000 a year from endorsement and sponsorship deals, Business Insider reported before her wedding.

Fashion Design:

As if juggling her steady acting job, influencing deals, and, you know, dating a literal prince wasn’t enough, Meghan also collaborated on two fashion collections with Canadian retailer Reitmans and served as a brand ambassador for the store.

Megan Markle Net Worth

When her second capsule collection launched in 2016, shortly after rumors of a romance with Harry began to crop up, Meghan described the line as “Aspirational Girl Next Door,” noting that it was “totally an extension of my personal style” and that she’d been fully involved in the design process.

Her partnership with Reitmans ended in early 2017. Though it’s unclear how much she earned from that particular deal—a sum that was likely encompassed within the $80,000 she reportedly received each year for endorsements—between all of her various forms of income, Meghan was estimated to have joined the royal family with a total of about $5 million to her name.

She’s Back to Content Creation.

After a couple of years as a publicly funded philanthropist, now that she’s back to supporting herself, Meghan has returned to her original career as a content creator.

She and Harry announced a three-year deal with Spotify last December to produce podcasts through their Archewell Audio brand; the deal is believed to be worth between $15 million and $18 million, per Forbes, which could garner the couple about $3.5 million in post-tax earnings per year once they start rolling out the podcasts.

And in September 2020, Harry and Meghan were reported to have partnered with Netflix to form a production company that will create “inspirational family programming” that “informs but also gives hope.”

That deal was expected to clock in at around $100 million, though some reports placed that number as high as $240 million.

Acting: Suit

Many followers of the royal family are already familiar with the fact that Meghan Markle had a successful acting career long before she became the Duchess of Sussex.

Her most popular role was on the television show Suits, where she played a character named Rachel Zane.

According to knownetworth.com, Meghan made anywhere up to $50,000 per episode on the series. But that’s not all—Meghan also made a pretty penny from smaller roles on films like Remember Me and The Candidate, for which she was paid approximately $187,000 and $171,429 for respectively by 2010

What is Meghan Markle’s Net worth in 2021?

According to a 2021 report by Forbes, Meghan and Harry’s net worth is around $10 million, which includes the money Meghan made from her acting career as well as other sources of income pre- and post-royal family, mentioned in this article.

Megan Markle Net Worth

Forbes also reported that Meghan and Harry have a “nest egg” of around $5 million after they started to repay the Sovereign Grant and put down a payment on their $14.7 million home in Montecito, where they moved to in August 2020.

In comparison, Harry’s grandmother, Queen Elizabeth II, has a $500 million net worth, according to a 2020 Forbes report.

Though there was speculation that Meghan and Harry were paid for their 2021 interview with Oprah Winfrey. However, this is not information we can guarantee you of.

“A spokeswoman for the Oprah Winfrey Network confirmed that the couple won’t be collecting a paycheck and said that no donations are being made to their charity,”

Also, Meghan Markle together with Prince Harry bought a $14.7 million estate in Montecito, the seaside Santa Barbara, California, an enclave that’s home to such Hollywood celebrities as Oprah Winfrey and Ellen DeGeneres and wife Portia de Rossi, in August 2020.

You will agree with us that Megan Markle Net Worth is very good, which she has achieved through hard work.

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