Net Worth: $60 Million
Category: Richest Politicians › Royals
Birthdate: September 15, 1984
Birthplace: Paddington, London, United Kingdom
Profession: Soldier, Philanthropist, Public Figure
Nationality: United Kingdom
Prince Harry, Duke of Sussex, is a prominent member of the British royal family with a net worth of $60 million. Known for his service in the British Armed Forces, philanthropic endeavors, and departure from royal duties, Harry has lived a life marked by both privilege and challenges.
Early Life
Born Henry Charles Albert David on September 15, 1984, at St. Mary’s Hospital, London, Prince Harry is the younger son of King Charles III and the late Princess Diana, Princess of Wales. Harry’s early life was deeply affected by the tragic death of his mother in 1997, when he was just 12 years old. This event fueled his lifelong resentment of paparazzi and his commitment to mental health advocacy.
Harry was educated at prestigious schools, including Ludgrove School and Eton College, before taking a gap year during which he worked in various roles, including teaching in Africa and participating in polo matches.
Military Career
Prince Harry joined the Royal Military Academy Sandhurst in 2005 and served in the Blues and Royals regiment. Known as Lieutenant Harry Wales, he was deployed to Afghanistan twice, serving as a helicopter pilot and on the frontlines. During his military career, he earned an annual salary of about $50,000.
Harry retired from active duty in 2015, having served for ten years. His military service garnered him respect for his dedication and bravery, particularly during his tours in Afghanistan.
Marriage and Family
In 2018, Prince Harry married Meghan Markle, an American actress, in a globally televised ceremony. They welcomed their first child, Archie Harrison Mountbatten-Windsor, in 2019, followed by their daughter, Lilibet Diana Mountbatten-Windsor, in 2021. Both children are now part of the royal line of succession.
The couple’s decision to step back from royal duties in 2020 and relocate to the United States marked a significant shift in Harry’s life and public role.
Financial Independence
After leaving royal duties, Harry and Meghan became financially independent. They signed lucrative deals, including:
- Netflix Deal: Estimated at $150 million over five years, producing documentaries, scripted content, and children’s programming.
- Spotify Deal: A three-year deal worth $18 million to produce podcasts.
Additionally, Harry reportedly earned $20 million as an advance for his 2023 memoir, “Spare”, the first in a four-book publishing deal.
Inheritance and Trust Funds
Prince Harry’s wealth includes significant inheritances:
- Diana’s Trust Fund: Upon turning 30, Harry inherited $20 million from his late mother’s estate.
- Great-Grandmother’s Bequest: Harry and Prince William received several million dollars from Queen Elizabeth, The Queen Mother, upon her passing in 2022.
Unlike his brother William, Harry does not benefit from the Duchy of Cornwall, a $1.3 billion trust providing annual income to the heir apparent.
Philanthropy and Advocacy
Prince Harry has devoted much of his life to philanthropy, with notable contributions including:
- Invictus Games: A sporting event for wounded and disabled service personnel.
- Archewell Foundation: A charitable organization focusing on community-building and creative media ventures.
- Mental Health Advocacy: Collaborating with Oprah Winfrey on a mental health documentary for Apple TV+.
Real Estate
After stepping down from royal duties, Harry and Meghan purchased a $14.7 million home in Montecito, California, with a $10 million mortgage. This property reflects their commitment to building a new life outside the royal fold.
Previously, they resided in Frogmore Cottage, gifted to them by Queen Elizabeth II. They vacated the property in 2023 following King Charles’ request.
Public Image and Controversies
Prince Harry’s life has been marked by intense media scrutiny and public interest. His candid discussions about mental health, his military service, and his challenges within the royal family have earned him both admiration and criticism. His 2023 memoir, “Spare,” offered unprecedented insights into his life, sparking global discussions about the monarchy.
Legacy
Prince Harry’s journey from a young royal to a philanthropist and advocate for change reflects his commitment to forging his own path. His work in mental health, veterans’ welfare, and public service continues to shape his legacy, offering a modern interpretation of royal duties in the 21st century.
