Prince Harry’s Net Worth 2024

The net worth of Prince Harry is estimated to be $60 million as of January 2024.

Prince Harry is the younger son of Prince Charles and the late Princess Diana. Being a member of the royal family, Prince Harry does not have to bear the cost of his lifestyle, as the Duchy of Cornwall covers his travel, clothing, daily expenses, and staff-related expenses. Additionally, Harry receives a portion of a $4.7 million allowance, which is split equally between him, his brother Prince William, and his sister-in-law Kate.

In 2018, Prince Harry married American actress Meghan Markle and became the Duke of Sussex. The couple has two children, Prince Archie and Princess Lilibet. In early 2020, the couple stepped down as working royals and moved to California, where Meghan is originally from.

Recently, Prince Harry produced a mental health documentary series with Oprah Winfrey called “The Me You Can't See.” He and his wife also filmed a documentary series about their lives, which was released in late 2022. Prince Harry also wrote a memoir titled “Spare,” which was published in 2023.

Who is Prince Harry?

Prince Harry, born Henry Charles Albert David, is a British royal, fifth in line to the throne. He was in the military, including active duty in Afghanistan. Harry founded the Invictus Games and actively promotes mental health awareness through his organization, Heads Together. He married Meghan Markle in 2018, and he will step down as a working royal in 2020 to live in California. They started Archewell Inc. and appeared in high-profile interviews and a Netflix documentary.

What is Prince Harry’s Net Worth as of 2024?

The estimated net worth of Prince Harry is $60 million as of January 2024. Before he decided to step back from the royal family in 2020, Prince Harry's significant personal net worth of $30 million largely stemmed from a trust fund established by his late mother, Princess Diana.

At the age of 25, he began receiving annual dividends from investments linked to Diana's fortune, amounting to approximately $450,000 per year. When he turned 30, he inherited half of his mother's estimated $17 million fortune, along with his brother, Prince William. The two also inherited their mother's jewelry.

In addition, William and Harry received several million dollars each when their great-grandmother passed away in 2002. However, after leaving the royal family, Harry and his wife, Meghan Markle, reportedly signed lucrative production deals worth an estimated $120 million, notably with Netflix and Spotify. He also partnered with Oprah Winfrey to produce a mental health series for Apple TV+.

These deals were believed to be necessary as Harry and Meghan were financially cut off from the royal family in England. Previously, Harry's father, King Charles, had been providing approximately $4 million per year to cover staffing and security costs for his son in his royal role.

How did Prince Harry make his money?

Prince Harry's main source of wealth comes from the inheritance of his parents, Princess Diana and Prince Charles. He also gets financial help from the Duchy of Cornwall, a private estate run by his father. In addition, he makes money from his different businesses and investments.

Sources of Income

Prince Harry’s current sources of income are his agreements with Spotify and Netflix. While Harry does not exactly have a regular source of income due to his status as a royal, he does receive money from his mother's trust.

Diana’s Trust Fund

Following the divorce of Princess Diana and Prince Charles, Charles paid a settlement of $24 million (an inflation-adjusted $40 million today) to Diana. After her passing, this money was placed in a trust for William and Harry, which they inherited on their 25th birthdays. By the time they reached 30, the trust had appreciated to the point where each of them received $20 million.

However, unlike his father and brother, Harry will not benefit from the Duchy of Cornwall trust. This trust was established in 1337 by King Edward III and benefits the heir to the British throne. It now owns a $1.3 billion real estate portfolio, generating $20–30 million in after-tax income every year for the Crown Prince.

Spotify Deal

In December 2020, it was announced that Harry and Meghan had signed an exclusive podcasting deal with Spotify for three years, valued at $18 million, according to Celebrity Net Worth.

Netflix Deal

In September 2020, Harry and Meghan signed a “mega deal” with Netflix for five years, enabling them to establish a production company that would create scripted content, documentaries, and children's programming. The deal was rumored to be worth up to $150 million.

Expenditure

Philanthropy

Growing up under the guidance of Diana, Harry developed a strong sense of philanthropy, just like his mother. Diana was often referred to as the “people's princess” and supported several charitable causes, including those focused on individuals living with AIDS. Harry has followed in her footsteps and is passionate about supporting charitable organizations.

His main focus is on causes that assist former service members. Harry founded the Invictus Games in 2014. This event brings together wounded, injured, or sick armed services personnel and their associated veterans to participate in a range of sports, including sitting volleyball, wheelchair basketball, and indoor rowing. The Invictus Games are particularly close to Harry's heart, and he remains an active patron of the foundation.

In April 2020, Harry launched HeadFIT, a platform aimed at providing mental health support for members of the armed forces which was developed in collaboration with the Royal Foundation's Heads Together campaign, the Ministry of Defense, and King's College London.

In March 2022, Harry and Meghan were among over a hundred people who signed an open letter published by the People's Vaccine Alliance, calling for free global access to COVID-19 vaccines and criticizing the UK, EU, and Switzerland for opposing a waiver that would lift vaccine intellectual property protections.

Car Collection

The car collection of Prince Harry includes various luxury vehicles, including a Land Rover Range Rover and a Land Rover Defender, which are known for their ruggedness and durability. He also owns an Audi RS6 Avant, a high-performance supercar known for its speed and power, and a classic Jaguar E-Type, a sleek and iconic sports car.

In addition to the E-Type, Harry also has a Jaguar F-Type. He has also shown a commitment to electric vehicles with an Audi e-tron and an Audi RS e-Tron GT, both fully electric models. Finally, Harry's collection includes a Cadillac Escalade, a large and luxurious SUV known for its comfort and style.

Real Estate Assets

Celebrity Net Worth reports that following their announcement to step back from royal duties, Harry and Meghan initially stayed in Canada before relocating to Southern California, where they resided for some time at a property owned by Tyler Perry.

In August 2020, it was announced that the couple had purchased a property in Montecito, California, for $14.7 million. The location is near Santa Barbara.

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