Meghan Markle and Prince Harry Could Make "Hundreds of Millions" on Their Own, Expert Says
Prince Harry and Meghan Markle are stepping back from royal duties and working toward financial independence. An expert says they stand to earn millions on their own.

- In their bombshell announcement this week, Prince Harry and Meghan Markle revealed their decision to step back from their work as senior members of the royal family.
- One of the biggest implications of this decision is that it means the couple will no longer receive money from the Sovereign Grant, which funds the lives of working royals.
- Financial expert Trish Regan explained to People that Harry and Meghan shouldn't struggle when it comes to money, as she estimates they will be able to earn "hundreds of millions" of dollars on their own.
Prince Harry and Meghan Markle blew things up in a big way this week when they announced their decision to step back from their roles as working royals.
This will mean a lot of changes for the Sussex family. In a statement announcing the move, Harry and Meghan explained that they and their son, Archie Harrison, will be splitting their time between the United Kingdom and North America. They'll also be working toward financial independence.
If that last part made you scratch your head, then you're not alone. Royal finances are a complicated beast, which is why Harry and Meghan included a detailed explainer on the subject on their new website.
Now that they are stepping back from their roles as senior royals, Harry and Meghan will no longer receive money from the Sovereign Grant ("the annual funding mechanism of the monarchy that covers the work of the Royal Family in support of HM The Queen including expenses to maintain official residences and workspaces," as the Sussexes explain on their website).
So, how will these two former working royals forge their financial independence? They have several options, it turns out, and actually stand to make "hundreds of millions" as private citizens, according to financial expert Trish Regan, host of Trish Regan Primetime on Fox Business.
In an interview with People, Regan broke down everything you need to know about Harry and Meghan's financial situation, from their next steps to their income opportunities going forward. Here are some highlights of what she had to say:
On the "obvious" possibilities:
"The possibilities right now are endless for them. They need to think about what it is that they like, what they identify with and whether there’s a market for that. Obvious things might include a book deal if they can really provide insight into what life is like as a royal. I think there’s a lot of Americans and people throughout the world that would be very interested in that, so that would be a value. Another obvious thing might be something like a talk show."
Stay In The Know
Get exclusive access to fashion and beauty trends, hot-off-the-press celebrity news, and more.
On the value of their brand:
"They have a solid brand. It’s important that they keep their brand intact. Opportunities that I think would be perhaps more long-lasting for them would be the creation of a brand or endorsing a certain product, or if they license their name to certain products. You can look at the success, for example, of the Kardashians, a different kind of brand, and you can look at the success of a Jessica Alba and the Honest Company."
On Meghan's opportunities:
"There will be people that want to work with [Meghan]. There will be investors that want to work with her that will want to be able to help her cash in on that brand. Look at even Chelsea Clinton. She just revealed that she made millions of dollars as a board member on a company because she got stock in the company. There will be boards that want [Meghan and Harry] to join and in exchange, they may get equity value stock in a company.
"There’s tons of money in businesses that are not acting. And I think that she’s smart and savvy enough to be looking around and saying, there’s more that I can do. And her husband clearly supports her."
The bottom line:
“I think that it adds up. Just off the top of my head, I would think it would be in the millions. They have a certain lifestyle that they’ll want to replicate. They’re going to need to make somewh
ere within the vicinity of 10 million a year just knowing that a lot of that is going to go to taxes."
For more stories like this, including celebrity news, beauty and fashion advice, savvy political commentary, and fascinating features, sign up for the Marie Claire newsletter.
RELATED STORIES
Kayleigh Roberts is a freelance writer and editor with over 10 years of professional experience covering entertainment of all genres, from new movie and TV releases to nostalgia, and celebrity news. Her byline has appeared in Marie Claire, Cosmopolitan, ELLE, Harper’s Bazaar, The Atlantic, Allure, Entertainment Weekly, MTV, Bustle, Refinery29, Girls’ Life Magazine, Just Jared, and Tiger Beat, among other publications. She's a graduate of the Medill School of Journalism at Northwestern University.
-
Madison Errichiello Is the 'Love Is Blind' Season 8 Standout Who Left the Pods Single—But We Haven't Seen the Last Of Her
Fans already have thoughts on the love square between her, Alex, Mason, and Meg.
By Quinci LeGardye Published
-
Kylie Jenner Just Upstaged Timothée Chalamet at His Own Premiere
Valentine's Day came early for the couple.
By Hanna Lustig Published
-
Prince Archie and Princess Lilibet Will Likely Make Their Joint Royal Debut at this Event
Fans might have to wait a while.
By Kristin Contino Published
-
Prince Archie and Princess Lilibet Will Likely Make Their Joint Royal Debut at this Event
Fans might have to wait a while.
By Kristin Contino Published
-
Prince Harry and Prince William Share This Parenting Conundrum as They Honor Princess Diana
The Prince of Wales and Duke of Sussex have found themselves in similar situations recently.
By Kristin Contino Published
-
Prince Archie and Princess Lilibet Make Their Debut on Mom Meghan's Instagram Account for Valentine's Day
The Duchess of Sussex shared a video of her kids helping make some sweet treats.
By Kristin Contino Published
-
Exclusive: Prince Harry and Team USA Women Share How the Invictus Games Gives Athletes a "Renewed Purpose"
The Duke of Sussex and competitors Yen Soto and Lydia Figary tell "Marie Claire' about group chats, patriotic nails and building bonds in the military community.
By Kristin Contino Published
-
King Charles Is Very Particular and Can “Lose His Temper” If Things Aren’t Done Right, a New Book Claims
And his temper has apparently been "inherited in different measures by Prince William and Prince Harry."
By Kayleigh Roberts Published
-
Meghan Markle’s Engagement Ring Is Apparently the Most Popular in the World
There was a vote and everything.
By Kayleigh Roberts Published
-
Prince Harry Says "Curious" Prince Archie and Princess Lilibet "Have No Filter" When It Comes to Asking About Invictus Games
The Duke of Sussex opened up about "challenging but important" conversations with his kids.
By Kristin Contino Published
-
Meghan Markle Gives Fans a Peek at the Gifts She Brought Back for Princess Lilibet and Prince Archie From Invictus Games
The Duchess of Sussex showed a rare glimpse of her Montecito home on Instagram.
By Kristin Contino Published