Prince Harry Net Worth 2022 (Forbes) – Salary, Income, Earnings

Prince Harry Net Worth

Prince Harry has an estimated net worth of $70 million. Prince Harry is the second son of Charles, Prince of Wales, and Princess Diana. He is known for his military service and charitable work. Before he left the royal family, the majority of his wealth was attributed to a trust fund set up by Princess Diana. According to her will, William and Harry would inherit trusts worth $30 million apiece when they both turned 25. 

Prince Harry began a ten-year military stint in 2005, which he spent in Afghanistan, and is involved in numerous charitable causes. In May 2018, he married American actress Meghan Markle, with whom he has a son Archie Harrison Mountbatten-Windsor.

Before being cut off financially from the British royal family, Harry’s father paid about $4 million a year to provide his son with staff and security.

In January 2020, the couple announced that they would retire from leadership roles in the royal family. Harry and his wife Meghan Markle then signed production contracts worth an estimated $120 million, primarily with Netflix and Spotify. Harry also signed a deal to produce a series for Apple TV + with Oprah Winfrey on mental health.

To calculate the net worth of Prince Harry, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets.

All debts, such as personal loans and mortgages, are included in total liabilities. 

Here’s the breakdown of his net worth:

Name: Prince Harry
Net Worth: $70 Million
Monthly Salary: $500 Thousand
Annual Income: $10 Million
Source of Wealth: Soldier, Tv Personality, British Royal Family Member  

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Childhood & Family Life

Prince Harry, the second son of Princess Diana and Prince Charles, is the sixth in line to the English throne, following his father, older brother William, and William’s three children. He grew up in the spotlight, with his personal tragedies, as well as his antics and gaffes, being the subject of numerous news reports.

Prince Harry’s mother once described him as “very artistic and sporty.” He became interested in riding and hunting at a young age. While the family spent the week at Kensington Palace, they frequently spent the weekends at Highgrove House, their family’s estate in Gloucestershire.

Despite their privileged position in British society, their mother strived to give both of her sons “as normal a life as possible.” Prince Harry attended Mrs. Mynors’ nursery school in London’s Notting Hill neighborhood to that end. Princess Diana also took Prince Harry and his brother to amusement parks, fast-food restaurants, and other places that other children their age frequented.

Growing Up Under the Spotlight

Photographers were present when Prince Harry’s parents dropped him off at his first day of school in September 1987. According to Ingrid Seward’s William & Harry, the young prince struggled to adjust to school at first. Despite his parents’ increasingly strained marriage, he was known as a child for his upbeat demeanor. As he grew older, Prince Harry developed an interest in all things military.

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Early Education

Prince Harry enrolled at Wetherby School, where his older brother William was already a student, in 1989. In 1992, he followed his brother to the Ludgrove School, a Berkshire boarding school. He was reportedly informed of his parents’ impending divorce around this time, which was officially announced in December. In 1996, the couple divorced.

Following their parents’ divorce, Prince Harry and Prince William spent their school holidays dividing their time between them.

They spent time at Highgrove with their father, participating in outdoor activities and traveling on official trips and vacations abroad. They did everything with their mother, from going on tropical vacations to visiting AIDS clinics and homeless shelters.

Princess Diana’s Tragic Death

Following Princess Diana’s tragic death in a car accident on August 31, 1997, Prince Harry remained at Balmoral for several days, mourning with his family in seclusion. He then went to London to prepare for Princess Diana’s funeral with his grandmother, Queen Elizabeth II, and his brother.

On September 6, 1997, Prince Harry walked past thousands of mourners gathered to bid farewell to the woman dubbed “the people’s princess.” In the funeral procession, he followed his mother’s coffin, along with his brother, father, and grandfather, Prince Phillip.

Following the service, Prince Harry and other members of his family traveled to Althorp, his mother’s family estate in Northampton owned by his uncle Charles, the 9th Earl of Spencer. His mother’s body was buried on the grounds on an island in the middle of a lake.

According to Christopher Andersen’s Diana’s Boys, Prince Harry suffered from nightmares about his mother’s death for a time while grieving this tremendous loss.

Following the funeral, he returned to Ludgrove. During his next school break, Prince Harry traveled to Botswana and South Africa with his father. The trip lifted his spirits and provided him with the opportunity to interact with members of the Spice Girls pop group during a concert there.

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Teenage Challenges

Back at school, Prince Harry encountered some academic difficulties. It was decided that he would stay at Ludgrove for an extra year before applying to Eton College. His extra efforts were rewarded, as he passed the entrance exam with flying colors. In 1998, he began his studies there.

That same year, Prince Harry and Prince William showed off their cheeky sense of humour by throwing their father a surprise 50th birthday party, complete with comedy sketches mocking Prince Charles.

Rowan Atkinson, Stephen Fry, and Emma Thompson were all in on the joke. Around this time, the princes also met their future stepmother Camilla Parker Bowles, with whom their father had an on-again, off-again relationship for years.

Prince Harry, like many other teenagers, enjoyed going out to parties. During the summer of 2001, he allegedly engaged in underage drinking (at a pub and at Highgrove) and attempted to smoke marijuana. Reports of the prince’s illegal activities made tabloid headlines in January 2002. Prince Harry confessed his wrongdoings to his father, who forced the young royal to visit a South London rehabilitation center to see firsthand the dangers of drug use.

Prince Harry graduated from Eton in 2003. After finishing school, he spent some time traveling through Australia, Argentina, and Africa. Prince Harry, an avid polo player, took part in the Young England versus Young Australia Polo Match Test in Australia.

He became involved in charity work while visiting Lesotho in southern Africa, where he worked at a home for AIDS orphans. He made a documentary called The Forgotten Kingdom: Prince Harry in Lesotho to raise awareness about the problems there. The film raised nearly $2 million for the British Red Cross Lesotho Fund.

According to news reports, Prince Harry began dating Chelsy Davy around this time. For years, the two dated on and off. In January 2005, photographs of Prince Harry wearing a Nazi uniform to a costume party were published in several newspapers, and he was once again embroiled in controversy.

Many people were taken aback by the prince’s casual appearance in the uniform with a swastika armband — a symbol of hatred and the Holocaust’s atrocities. In response to the criticism, Prince Harry issued a statement in which he stated, “I sincerely apologize if I offended or embarrassed anyone. I apologize for my poor costume selection.”

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Military Career

Prince Harry and his brother attended their father’s wedding to Bowles a few months later. “She’s always been close to both me and William. She is not the evil stepmother. She’s an amazing woman who has made our father very happy, which is the most important thing “At the time, Prince Harry told the press.

Prince Harry enrolled at the Royal Military Academy Sandhurst in May 2005. After 44 weeks of training, he was commissioned as a second lieutenant in the Household Cavalry in April 2006. Later that year, Prince Harry and Prince William announced plans for a special concert in 2007 to commemorate their mother’s death on the tenth anniversary of her death.

More than 60,000 people gathered at Wembley Stadium for the Concert for Diana on what would have been Princess Diana’s 46th birthday. The event raised funds for the Diana, Princess of Wales Memorial Fund as well as other charities such as Sentebale, which Prince Harry founded to assist children and others affected by Lesotho’s AIDS crisis.

That same year, Prince Harry began training for possible deployment to a war zone. His royal status posed certain security challenges for the army, and there was much debate about whether he should be allowed to serve in combat. Prince Harry began his tour of duty in Afghanistan in February 2008. He was sentenced to two months in prison.

In early 2009, Prince Harry was chastised for his insensitivity once more. Videos of him from 2006 have emerged, showing him using a derogatory term for another Pakistani soldier as well as another offensive remark. The army ordered Prince Harry to undergo sensitivity training after he apologized for his comments.

Prince Harry trained as an Apache helicopter pilot in the Army Air Corps from 2009 to 2012. He then applied his newly acquired skills during his second tour of duty in Afghanistan, which began in September 2012. After participating in several combat missions, the prince retired from the military in 2015, though he continued to volunteer to help wounded servicemen.

Vegas Photo Scandal 

Prince Harry was back in the headlines in August 2012 after nude photos of the royal were leaked to the public. The photos of the prince were taken at a private party in a hotel room in Las Vegas, where he and his friends were allegedly playing strip billiards.

The photos of the partying prince were published in Rupert Murdoch’s The Sun, but most other English newspapers refused to publish them. While the scandal dominated the news for a short time, it did not appear to have a long-term impact on his public image.

One of his first public appearances following the scandal was at the WellChild Awards in London, where he was greeted warmly. Prince Harry is a patron of WellChild, a charity that helps sick children and their families. According to BBC News, he even joked in his speech that he was “never shy in coming forward.”

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Meghan Markle

In 2016, Prince Harry began dating actress Meghan Markle, star of the television show Suits. They met while Harry was in Toronto for the Invictus Games, where Suits is filmed. Kensington Palace issued a statement confirming their relationship in November of that year. The statement also requested privacy and respect for the couple after Markle faced racist and sexist attacks on social media, as well as paparazzi harassment.

Prince Harry and Meghan Markle secretly got engaged earlier that month, it was revealed on November 27, 2017. According to an official announcement, the couple will marry the following spring and relocate to Nottingham Cottage at Kensington Palace in London. The couple later announced that they would marry on May 19, 2018, in St. George’s Chapel at Windsor Castle.

Other members of the royal family were overjoyed to learn of the engagement. The announcement was “delighted” by Prince Charles, the Queen, and the Duke of Edinburgh, while Prince William and Catherine, Duchess of Cambridge were “very excited for Harry and Meghan,” adding, “It has been wonderful getting to know Meghan and to see how happy she and Harry are together.”

The Daily Mail reported in March 2018 that Prince Harry would not sign a prenuptial agreement. According to a reliable source, “Harry had no doubt that he would sign a prenuptial agreement. He’s determined that his marriage will last, so he doesn’t need to sign anything.”

Furthermore, prenuptial agreements were not considered legally binding in the United Kingdom, though judges were known to consider them during divorce proceedings.

Opening Up About His Mother’s Death

In April 2017, Prince Harry spoke candidly with British journalist Bryony Gordon in a podcast published by the Daily Telegraph about his difficulties coping with the death of his mother in his late 20s. “I can say with certainty that the loss of my mother at the age of 12 and the suppression of all my feelings over the last 20 years that went with it has had a huge impact not only on my personal life but also on my work,” he said in the interview.

“My way of dealing with it was to bury my head in the sand and refuse to ever think about my mother, because why would that help?” he said. “It’s just going to make you sad, it’s not going to bring her back. So from the emotional side, I was like, ‘Right, never let your feelings be a part of anything.'”

He added that he felt he was “close to a complete breakdown on numerous occasions,” and eventually sought professional counseling at the urging of Prince William, who told him, “Look, you really need to deal with this. It’s not normal to think that nothing has affected you.'”

Prince Harry also turned to boxing to cope with his grief. “It really saved me because I was about to hit someone, so it was certainly easier to hit someone who had padding,” he said.

He shared his personal story in hopes that it would encourage others to “break the stigma that surrounds mental health problems,” according to the Daily Telegraph article. Prince Harry, Prince William and his wife, the Duchess of Cambridge, have also launched the Heads Together campaign to overcome the stigma surrounding mental health.

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Royal Wedding and Children

Kensington Palace issued a statement in April stating that no formal invitations would be sent to political leaders for the wedding, breaking with a long-standing tradition at British royal weddings.

According to a Palace source, 600 friends and family members would be invited based on St. George’s Chapel capacity, and another 1,200 members of the public would join Prince Harry and his bride at Windsor Castle to celebrate.

Soon after, it was announced that Prince William would serve as Prince Harry’s best man at the wedding. Harry had played the part at his older brother’s wedding in 2011.

With his marriage on May 19, 2018, at St. George’s Chapel at Windsor Castle, the Queen officially bestowed upon her grandson the title Duke of Sussex, as well as the additional titles Earl of Dumbarton and Baron Kilkeel.

The Duke and Duchess of Sussex announced in October that they were expecting their first child the following spring. Archie Harrison Mountbatten-Windsor arrived at 5:26 a.m. on May 6, 2019. He is the seventh in line to the throne of the United Kingdom.

“It’s been the most incredible experience I could ever imagine,” he said. “It’s difficult to understand how any woman does what she does. But we’re both overjoyed and grateful for all of the love and support from everyone out there. It’s been incredible, and we just wanted to share it with everyone.”

Prince Harry and Meghan announced their second child, a daughter, on Valentine’s Day 2021.

Lilibet “Lili” Diana Mountbatten-Windsor was born on June 4, 2021, in Santa Barbara, California, at Santa Barbara Cottage Hospital.

Trip to Africa and Documentary

In late September 2019, Harry, Markle and baby Archie took an eventful 10-day trip to Africa. At one point, Harry walked in his mother’s footsteps through a minefield in Angola, which happened just a few months before her death. On the last day of the trip, the royal couple announced they were suing the Mail on Sunday for publishing a private letter Markle wrote to her father.

With a film crew in tow to produce the documentary Harry & Meghan: An African Journey, the prince revealed to his interviewer that he always thinks of his mother when facing the flashing cameras of the press.

He also confirmed rumours that he and William weren’t as close as they used to be, but downplayed the notion of a deep rift between the two: “We’re certainly going different ways at the moment, but I’ll always be there for him, and I know he’ll always be there for me. … We don’t see each other as much as we used to because we’re so busy, but I love him dearly.”

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Stepping Back From Royal Duties

On January 8, 2020, the Duke and Duchess of Sussex announced that they would retire from their leadership positions in the royal family and work to become “financially independent.”

“Thanks to your encouragement, especially in recent years, we feel ready to make this adjustment. We now plan to divide our time between the United Kingdom and North America to continue to fulfill our duty to the Queen, the Commonwealth and our patronages,” they wrote in a joint statement on Instagram. “This geographic balance will allow us to raise our son with an appreciation for the royal tradition he was born into, while giving our family the space to focus on the next chapter, including the creation of our new charity.”

A few days later, Buckingham Palace issued a statement addressing some of the details of the new arrangement, including confirmation that the Duke and Duchess of Sussex will no longer receive public funds for royal duties or use the honorary title ” His/Her Royal Highness.” They would be allowed to continue their work with private benefactors and use Frogmore Cottage as their British residence, although they would have to repay the Sovereign Grant for recent renovations.

After attending the Commonwealth service at Westminster Abbey for the final time in early March, Harry and Markle wrapped up their move to Los Angeles before bidding farewell as senior royals on March 31.

In February 2021, Markle and Harry confirmed they will not return to their royal posts. They will keep their titles, but will no longer use them. “The Duke and Duchess of Sussex have confirmed to Her Majesty the Queen that they will not be returning as working members of the royal family,” a Buckingham Palace statement said. “Following discussions with the Duke, the Queen has confirmed in writing that it is not possible for them to continue to fulfill the responsibilities and duties that come with a life of public service if they retire from the work of the Royal Family.”

Oprah Interview

In March 2021, Markle and Harry met with Oprah Winfrey for a special two-hour interview in which they told all. In the interview, Harry talked about the couple’s reasons for leaving the royal family, growing up in the royal family, the status of his relationship with his grandmother, father and brother, “repeating history,” and how he thinks his mother would react to everything. “I think she would be very angry about the way things have turned out and very sad,” he said.

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