What is Meghan Markle’s net worth?
Meghan Markle is an American humanitarian, philanthropist and former actress. Meghan Markle has a net worth of $60 million. This is a combined net worth with her husband Prince Harry. Before marrying Harry, Meghan’s net worth was $5 million. He entered the marriage with a net worth of $20 million, most of which came from a trust fund set up by his late mother, Princess Diana.
Meghan’s 2018 marriage to Prince Harry of England made her a Princess of the United Kingdom and also gave her the titles of Duchess of Sussex, Countess of Dumbarton and Baroness Kilkeel.
In January 2020, the couple announced their intention to step down from royal duties, leave England and seek financial independence. After lengthy discussions with Harry’s grandmother, the Queen of England, a deal was reached which allowed the couple to go ahead with their plan, but they can no longer use the titles ‘Her Royal Highness’ or ‘Her Royal Highness’.
After leaving England and ditching the headlines, Harry and Meghan signed a five-year, $100 million production deal with Netflix. With Netflix they will produce feature films, children’s programs and documentaries. Following the Netflix deal, they signed a three-year podcasting deal with Spotify worth $18 million.
Using their profits, in August 2020, Harry and Meghan paid $14.7 million for a property in Montecito, California. They put $5 million down and took out a mortgage of about $10 million on the rest. During this time, they also paid $3 million which was used to remodel the families home in the UK, Frogmore.
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, and she is their only child together. She has two paternal half-siblings to whom she is apparently estranged. Markle is of mixed race heritage; her mother is African American and her father is of white European descent. As a child, Markle’s mother taught yoga and her father was a lighting director for television shows. Her father won several awards, including an Emmy, for his work in television.
Markle grew up in Hollywood, California, where she received her education at private schools such as Hollywood Little Red Schoolhouse and Immaculate Heart High School. She continued her education at Northwestern University, graduating with dual degrees in theater and international studies in 2003. She was a member of Kappa Kappa Gamma sorority in college.
Career in acting
Markle’s first screen appearance was a small role in an episode of the soap opera “General Hospital.” She went on to have other guest roles in series such as ‘Century City’ (2004), ‘The War at Home’ (2006), ‘CSI: NY’ (2006) and ‘Fringe’. She has also worked as a model, including as a “briefcase girl” in the series “Deal or No Deal”. Additionally, he had supporting/guest roles in Get Him to the Greek (2010), Remember Me (2010), and Horrible Bosses (2011).
Her big break came in July 2011 when she joined the cast of the American television show ‘Suits’ as the character Rachel Zane. She appeared on the show for several seasons, eventually leaving in late 2017.
Matches salary and earnings
At her peak, Markle earned about $50,000 per episode of “Suits.” It resulted in an annual salary of about $450,000. In total, Meghan earned $4 million pre-tax from “Suits.”
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Markle founded the lifestyle website and blog, The Tig, in 2014. She writes articles on topics such as food, fashion, beauty and travel. Tig was very successful and her readers were mostly her fans as well as fans of the show ‘Suits’. The social media accounts for The Tig had 3 million followers on Instagram, 800,000 on Facebook and 350,000 on Twitter. She has received many sponsorships and endorsements for her website and is estimated to have earned around $80,000 per year from her lifestyle blog. Markle ran the site for three years, eventually shutting it down and archiving all material in 2017.
Thanks to her lifestyle blog, which helped make her known for her fashion sense, Markle had the opportunity to launch two fashion collections in 2015 and 2016 with Canadian clothing company Reitmans. The collections were largely based on her personal style, but also the style of her “Suits” character Rachel.
Markle began a relationship with actor and producer Trevor Engelson in 2004. They married in September 2011. They divorced without fault in August 2013. After the split, she dated celebrity chef Cory Vitiello for nearly 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. A year later, in November 2017, the couple announced that they were engaged and officially married in March 2018. In May 2019, Meghan gave birth to a son named Archie, who is the seventh. in line to the British throne. Through her marriage to Prince Harry, Markle is now known as the Duchess of Sussex.
The public role in the royal family
Markle’s first official public appearance with the British royal family took place in December 2017, shortly after her engagement to Prince Harry was announced. There was a World AIDS Day walking event in Nottingham. In total, she appeared at 26 public engagements as Prince Harry’s fiancée. After their wedding, Markle’s first official appearance as Duchess of Sussex was in May 2018, celebrating Prince Charles’ charity work.
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The Sussexes have been the target of much negative media scrutiny and numerous breaches of privacy. In late 2019, it emerged that Markle had sued The Mail on Sunday after it published a letter she had sent to her father. In January 2020, they announced that they would be stepping down from their role and duties as senior members of the royal family. They also announced that they would be splitting time between the UK and North America and seeking financial independence. They officially resigned on March 31, 2020.
Before becoming a royal, Markle was active in charity work. She worked as an advisor for the international charity One Young World and spoke at a 2014 summit in Dublin for them. In the same year (2014) he went on a tour to Afghanistan and Spain with the United Service Organizations. Then, in 2016, he became a global ambassador for World Vision Canada. Other organizations she has worked with on her own include the United Nations Entity for Gender Equality and the Empowerment of Women.
Along with Prince Harry, Markle continued her charity work. They began working with Elephants Without Borders in 2017, a partnership they continued until 2020. In 2018, she began working with survivors of the Grenfell Tower fire, and the resulting charity cookbook Together : Our Community Cookbook” she was. the first charity project she completed after becoming the Duchess of Sussex. Harry and Meghan have registered their own charitable foundation, called the Sussex Royal Foundation of the Duke and Duchess of Sussex. They changed the name of the foundation in April 2020 to Archewell.
After announcing their decision to step back from royal duties, Harry and Meghan first spent some time in Canada before jumping to Southern California, where they are spending a few months in a house owned by Tyler Perry. In August 2020, it was revealed that Harry and Meghan bought a house in Montecito, California (near Santa Barbara) for $14.7 million. As previously mentioned, they bought the house with a $10 million mortgage and a $5 million down payment.
The Netflix offer
On September 2, 2020, it was announced that Harry and Meghan had signed a five-year, $100 million deal with Netflix. Under the deal, Harry and Meghan will launch a production company, through which they will create in the following scripts, documentaries and children’s programming. With bonuses/incentives/extensions, the deal could go up to $150 million.
In December 2020, it was announced that Harry and Meghan had signed a three-year podcasting deal with Spotify worth $18 million.