What Is Prince Harry Net Worth In 2022? A Closer Look Into Professional Life, Career, & Lifestyle
Prince Harry Net Worth: Prince Harry, Duke of Sussex, is a member of the British royal family. He is the younger son of Charles, Prince of Wales, and Diana, Princess of Wales, and is sixth in the line of succession to the British throne. Prince Harry has earned a huge amount of Net Worth over the years. Below we have mentioned everything about Prince Harry including his Net Worth, early life, and much more.
Prince Harry Net Worth
Prince Harry, the heir apparent to the British throne, has an estimated net worth of $60 million. Prince Harry is the second-born child of Prince Charles and Princess Diana (Princess of Wales). Queen Elizabeth II and Prince Philip, Duke of Edinburgh, are Harry’s paternal grandparents. If their father becomes King, his brother, Prince William (Duke of Cambridge), will take over as King. Prince Harry ranks top among the people having such a huge net worth.
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The great majority of Prince Harry $30 million personal net worth comes from a trust fund set up by his late mother Diana, who died. The trust has a huge impact on the net worth of Prince Harry. William and Harry each inherited $30 million in trust funds when they were 25 years old, so we’ll get into that later. When William’s great-grandmother died in 2002, the two of them shared a multi-million dollar inheritance.
After being cut off from his English family financially, they felt compelled to sign the contracts, according to reports. Approximately $4 million a year was spent by Harry’s father on staffing and security for the youngster.
Prince Harry’s Early Life Before Earning Such Huge Net Worth
Henry Charles Albert David was born on September 15, 1984, in Paddington, London, Uk. There are no last names given to members of the royal family. 1992 was the year when Prince Harry’s mother and father divorced. Their divorce was not formalized until 1996. Princess Diana tragically died in a vehicle accident in Paris the following year. Prince William was 15 years old and Prince Harry was 12.
Since his time at Sandhurst in 2005, Prince Harry has received a fair amount of unwanted attention from the media. He was commissioned as a second lieutenant in the Blues and Royals, a Household Cavalry regiment in the British Army, after completing his officer training in the Alamein Company. He became a lieutenant in 2008.
It was in 2018 that Prince Harry wed Meghan Markle. Soon after that, they made the announcement that they were expecting their first child as a married couple. Seventh in line to the British throne, Meghan Markle gave birth to a boy named Archie in May of 2019.
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The Diana Trust Fund
A $24 million settlement was handed to Diana by Charles when they divorced. After accounting for inflation, that amounts to about $40 million today. On the day of their 25th birthday, William and Harry inherited their mother’s money. They were both 30 years old when the trust appreciated to the point that each son received a $20 million inheritance. The trust has contributed hugely to the Net Worth of Prince Harry. Harry will not get any money from the Duchy of Cornwall trust, which made his father very rich and will eventually make William very rich as well.
For the benefit of the British throne’s future heir, King Edward III established an endowment fund in 1337. Currently, the Duchy holds a $1.3 billion real estate portfolio, which generates annual after-tax revenue of $20-30 million for the Crown Prince.
Prince Harry’s Other Ventures Which Aided In Earning Such Huge Net Worth
Harry and Meghan signed a five-year “mega-deal” with Netflix on September 2, 2020. Eventually, Harry and Meghan plan to form their own production firm, through which they hope to make feature films, documentaries, and television shows for children. The deal, it was said, maybe for up to $150 million.
Harry and Meghan struck a three-year podcasting agreement with Spotify worth $18 million in December 2020, according to a press release. As of now, Prince Harry has a total net worth of $60 million. These ventures have contributed massively to the net worth of Prince Harry.
Prince Harry has spent some amounts of his net worth on purchasing real estate. First, Harry and Meghan spent a few weeks in Canada before moving to Southern California, where they spent many months living in a mansion owned by Tyler Perry after they announced they were stepping down from their royal duties. As of August 2020, it was announced that Harry and Meghan have purchased a $14.7 million residence in Montecito, California (next to Santa Barbara).
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