Endorsements
The Duke and Duchess of Sussex are reportedly utilizing their fame to make money through lucrative endorsement deals. According to reports, the couple can command up to $1 million for each endorsement deal. They have been linked to various brands, from tech companies such as Spotify and BetterUp, to consumer products like Smartwater and Coca-Cola.
Branding Deals
The Duke and Duchess of Sussex have also engaged in branding deals, which allow them to leverage their influence over various brand initiatives. For instance, they broker deals with a company or organization that will benefit from their marketing prowess in exchange for payment or other perks.
Some of these partnerships include the global education platform MasterClass and the sustainable fashion line VUORI.
Public Appearances
Prince Harry and Meghan Markle also benefit from making public appearances. The couple has been known to charge thousands of dollars per hour for speeches, interviews, and other engagements. In 2020, they reportedly earned up to $1 million for a virtual chat with a mental health summit in April.
Investments
The couple is believed to be investing in various sectors that can bring them additional income. Reports suggest that the Duke and Duchess of Sussex are planning on investing some of their money into environmental initiatives and start-ups.
And it goes without saying that the royal couple is fond of stocks, bonds, and real estate ventures. So, chances are that the royal lovebirds are actively making money from their investment portfolios.
Writing Projects
The Duke and Duchess of Sussex have also used their platform to pursue writing projects. Prince Harry penned the foreword for a book about mental health, while Meghan was said to be helping with an upcoming documentary series on gender equality.
Apart from that, the lovebirds are also reportedly considering working on a biography together that will tell their story from their points of view.
Parting Thoughts
The Duke and Duchess of Sussex stepped away from the royal family in 2020. This step was taken despite the fact that Prince Harry was the direct heir to the British throne. Today, the royal couple has amassed massive fame for the “bold steps” they took in 2020 – stepping away from royal duties.
How do they make money today? Well, there are multifarious ways for the royal lovebirds to make a living. Prince Harry and Meghan Markle have been able to transition away from their royal life by leveraging the power of their influence in various ways.
These range from endorsements and branding deals to investments and writing projects. Ultimately, this has enabled them to make money and maintain financial security without having to rely solely on funds from the British monarchy.
