Meghan Markle net worth in 2024 has become a hot topic among her fans. The former actress and member of the British royal family has made headlines for her successful career and life changes. Known for her role in Suits, Meghan has also gained fame as the Duchess of Sussex.
Let’s explore her earnings, sources of income, and the journey that has contributed to her remarkable net worth.
Meghan Markle in Brief
Full Name | Meghan Rachel Markle |
Date of Birth | August 4, 1981 |
Place of Birth | Los Angeles, California, USA |
Occupation | Actress, Humanitarian, Author |
Height | 5 ft 6 in (1.68 m) |
Spouse | Prince Harry (married 2018) |
Partners | Trevor Engelson (2007-2013) |
Children | Archie Sussex and Lilibet Sussex |
Net Worth | $60 million |
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What is Meghan Markle Net Worth in 2024?
Meghan Markle is an American former actress, humanitarian, and author with a net worth of $60 Million as of 2024. She has a net worth of $60 million which she shares with her husband Prince Harry. Before they married, Meghan was worth $5 million, while Harry had about $20 million, mostly from a trust set up by his mother, Princess Diana.
When Meghan married Prince Harry in 2018, she became a princess and received titles like the Duchess of Sussex. In January 2020, they decided to step back from royal duties and leave England to seek financial independence. After talks with Harry’s grandmother, the Queen, they agreed to their plan but lost the titles “His Royal Highness” and “Her Royal Highness.”
After leaving England, Meghan and Harry signed a huge deal with Netflix worth $100 million. They will make movies, kids’ shows, and documentaries for the platform. They also signed a podcast deal with Spotify for $18 million. In April 2023, Meghan joined WME to represent their company, Archewell.
With their new earnings, they bought a $14.7 million estate in Montecito, California, in August 2020. They paid $5 million in cash and took out a $10 million mortgage. They also paid back $3 million to remodel their home in the U.K., Frogmore.
Meghan Markle’s Early Life and Education
Meghan Markle was born on August 4, 1981, in Canoga Park, Los Angeles, California. She is of mixed race, saying, “My dad is Caucasian and my mom is African American. I’m half black and half white.” Her parents, Doria Ragland and Thomas Markle Sr., separated when she was two years old and divorced four years later.
Meghan grew up mostly with her father after her mother focused on her career. Her father worked on shows like “General Hospital” and “Married… with Children.” Meghan visited the set of “Married… with Children” when she was a child. Later, she lost touch with her father and half-siblings.
Meghan Markle attended Hollywood Little Red Schoolhouse and later went to Immaculate Heart High School, a Catholic school. At age eleven, she and her classmates wrote to Procter & Gamble to make a dishwashing soap ad gender-neutral. While in high school, she acted in plays, worked at a frozen yogurt shop, and volunteered at a soup kitchen.
In 1999, Meghan went to Northwestern University in Illinois. She joined the Kappa Kappa Gamma sorority and did volunteer work. Her uncle helped her get an internship at the American embassy in Buenos Aires, where she thought about a career in politics. However, she did not pass a key test and returned to school. In 2003, she graduated with a degree in theater and international studies.
Meghan Markle’s Acting Career
Meghan Markle had trouble getting acting jobs early on because she looked “ethnically ambiguous.” She said, “I wasn’t black enough for the black roles and I wasn’t white enough for the white ones.” To support herself, she worked as a freelance calligrapher and also taught bookbinding. Her first role was as a nurse on “General Hospital,” where her dad worked as a lighting director.
She appeared in small guest roles on shows like “Century City,” “The War at Home,” and “CSI: NY.” For “Century City,” she told casting directors she was a SAG-AFTRA member when she wasn’t, but the Taft-Hartley Act let her join after being cast. Between 2006 and 2007, she was a “briefcase girl” on “Deal or No Deal” for 34 episodes. Later, she acted in “Fringe” as Agent Amy Jessup.
In movies, Markle had small parts in “Get Him to the Greek,” “Remember Me,” “The Candidate,” and “Horrible Bosses.” She earned $187,000 for “Remember Me” and $171,429 for “The Candidate.”
In 2011, Markle landed a big role in “Suits,” playing Rachel Zane. She stayed on the show until 2017, working in Toronto for nine months each year. She was paid around $50,000 per episode, earning about $450,000 annually.
Meghan Markle’s Personal Life
First Marriage
Meghan Markle started dating Trevor Engelson, a film producer, in 2004. They got married in Jamaica on August 16, 2011. Unfortunately, they separated in July 2013 and finalized their divorce in February 2014.
After her first marriage, Markle had a relationship with chef Cory Vitiello, which ended in May 2016.
Second Marriage and Motherhood
In mid-2016, Meghan Markle began dating Prince Harry, who is the grandson of Queen Elizabeth II. They first connected on Instagram and went on a blind date set up by a friend. When their relationship became public, Prince Harry spoke out against negative comments about Meghan in the media. They appeared together at the Invictus Games in September 2017.
On November 27, 2017, Harry’s father announced their engagement. The news was well-received, especially since Meghan is mixed-race. Markle decided to leave acting and become a British citizen.
Markle was baptized in the Church of England on March 6, 2018, before their wedding at St George’s Chapel, Windsor Castle, on May 19, 2018. Her wedding dress was designed by Clare Waight Keller. They had a private exchange of vows three days earlier, but it wasn’t legally recognized.
After the wedding, they lived in Nottingham Cottage and later moved to Frogmore Cottage, which was renovated for £2.4 million. Meghan gave birth to their son, Archie, on May 6, 2019. The couple stepped back from royal duties in March 2020 and eventually bought a house in California. They had a daughter named Lilibet on June 4, 2021.
Political Views
Meghan has been politically active for a long time. As a child, she campaigned against the Gulf War. She supported Hillary Clinton in the 2016 election and expressed disappointment over Brexit. In July 2018, she was criticized for comments about the Irish abortion referendum.
After moving back to the U.S., she encouraged people to vote in the 2020 election. Meghan also lobbied for paid family leave and supported various causes, including voting rights and gun safety. In February 2022, she backed Ketanji Brown Jackson’s Supreme Court nomination and spoke out against a Supreme Court decision on abortion rights.
Meghan Markle’s Charity work
Meghan Markle has been very active in charity and social causes. Since 2014, she has worked with various organizations. She became a counselor for One Young World and spoke at their summit in Dublin. She also visited countries like Spain, Italy, and Afghanistan with the United Service Organizations. While living in Toronto, she volunteered at the Community Meals Program and donated food from the set of Suits.
In 2016, Meghan became a global ambassador for World Vision Canada and went to Rwanda to support clean water initiatives. She wrote an article for Time magazine about women’s health issues after visiting India. Meghan also worked with the United Nations to support gender equality. In 2017, she helped with conservation efforts for elephants in Botswana.
In January 2018, Meghan Markle got involved with the Hubb Community Kitchen, which was set up by women affected by the Grenfell Tower fire. She encouraged the group to publish a cookbook, Together: Our Community Cookbook, to raise money. Proceeds from the book helped various charities, including Migrateful and Himmah, which support refugees and food banks.
Meghan narrated Disneynature’s Elephant documentary in 2020, supporting elephant conservation. She and Harry joined campaigns for social justice, like Black Lives Matter and Stop Hate for Profit.
In 2021, they led a concert to promote COVID-19 vaccinations and wrote letters to pharmaceutical companies about vaccine equity. Meghan also launched a campaign called 40×40 to encourage mentoring women returning to work.
Over the years, Meghan Markle received several awards for her charity work, including the Ripple of Hope Award and the Ms. Foundation for Women’s Award. She has also been involved with organizations like Smart Works and The National Theatre.
After stepping back from royal duties, Meghan and Harry created their foundation called Archewell. The name means “source of action,” reflecting their commitment to make a positive impact in the world.
Meghan Markle’s Investments
In the summer of 2019, before stepping down in January 2020, Meghan and Harry talked with Jeffrey Katzenberg about a role at Quibi, a streaming service. They chose not to join. By September 2019, they hired Sunshine Sachs, a public relations firm from New York, to help them until 2022. They also worked with Plus Capital, a group that connects new companies with investors.
In June 2020, they signed with the Harry Walker Agency to do paid speaking events. Later that year, they made a deal with Netflix to create shows. In December 2020, Meghan invested in a coffee company called Clevr Blends. They also signed a deal with Spotify to make their podcasts through Archewell Audio. Their holiday special came out in December 2020, and Meghan’s podcast, “Archetypes,” started in August 2022. However, Spotify canceled the podcast in June 2023 after one season of 12 episodes.
Meghan Markle released a picture book titled “The Bench” in June 2021. It is about her husband’s relationship with their son. The book had mixed reviews but reached number one on The New York Times Best Seller list. Later, in July 2021, Meghan announced that she would help produce an animated series called “Pearl” for Netflix, but it was canceled in May 2022.
In October 2021, they partnered with Ethic, a sustainable investment firm, to manage their investments. Meghan and Harry also set up 11 companies and a trust for their foundation. They created Orinoco Publishing LLC and Peca Publishing LLC for their book rights.
Their docuseries, “Harry & Meghan,” produced by Netflix, premiered on December 8, 2022, but it received mixed reviews. In April 2023, Meghan signed with the talent agency WME.
In March 2024, she launched a lifestyle and cooking brand called American Riviera Orchard. By April 2024, Archewell Productions announced two new shows for Netflix. In August, Meghan invested in Cesta Collective, a handbag brand that sells baskets made by women in Rwanda.
Meghan Markle’s Real Estate
After deciding to leave their royal duties, Harry and Meghan spent some time in Canada. Then, they moved to Southern California. For a few months, they stayed in a house that belonged to Tyler Perry. In August 2020, they bought their own home in Montecito, California, near Santa Barbara, for $14.7 million. They paid for the house using a $10 million mortgage and a $5 million cash down payment.