After Prince Harry and Meghan announced their step back in January 2020, Buckingham Palace said they would no longer use their HRH (His/Her Royal Highness) titles, as they were no longer working members of the royal family. However, they did retain the titles.
Royal expert Christopher Andersen, author of The King: The Life of Charles III (opens in new tab), tells Marie Claire exclusively that nothing will change in this regard: “The Duke and Duchess of Sussex will retain their titles, as will Prince Archie and Princess Lilibet,” he says.
What are Prince Harry and Meghan Markle's titles? Believe it or not, their titles haven't changed. Currently, Harry and Meghan still officially hold the titles of Duke and Duchess of Sussex, which carry a sweet and meaningful significance.
Can Harry and Meghan legally lose their Duke and Duchess titles? Legally, the monarch has no powers to remove a family member's royal titles - it would require an act of parliament to actually happen.
He is opted not to escalate the situation. It seems that despite the revealing Netflix documentary that Prince Harry and Meghan Markle have been a part of, King Charles is very unlikely to strip them of their titles.
Harry and Markle no longer receive money from Harry's royal relatives. The pair announced in early 2020 they would step down as working members of the royal family, and they no longer receive money from the royal family.
Key Takeaways. Prince Harry and Meghan Markle have an estimated net worth of $60 million, according to Celebrity Net Worth.
Instead, a Buckingham Palace statement confirmed, the Duke and Duchess had accepted the gift of Frogmore Cottage from Her Majesty the Queen. The statement described Windsor as “a very special place for their royal highnesses”.
It is ultimately owned by the Crown Estate, but is used as a private royal residence and is not open to the public. Ownership of Frogmore Cottage is passed from monarch to monarch. Since 2019, the Duke and Duchess of Sussex have used Frogmore Cottage as their official home base while in the UK.
The Duke of Sussex has confirmed he will attend King Charles' coronation in May, but his wife Meghan will not go. The couple no longer receives money from the Royal Family and has a series of commercial arrangements with a number of firms.
Due to the fact that he's quite literally royalty, Prince William is rich. Like, “I live in a casual castle and my late grandma owned a scepter” rich. Not only does William have more money than Prince Harry for reasons that would cause any family to feud, but he's about to get even richer too.
That means that when they made the decision to step back from their roles as senior working royals, Harry and Meghan were left with a meager sum of $13 million (estimated by Forbes), largely made up of the inheritance from Harry's late mother's estate.
Since the establishment of The Office of The Duke and Duchess of Sussex, 95 percent of the funding received for their Office expenditure is derived from income allocated by HRH The Prince of Wales, generated through the Duchy of Cornwall.
Prince Harry has described how he “can't ever get out” of the royal family, but he does not believe it will ever be possible for him and the Duchess of Sussex to return to the UK as working royals.
Oprah has been a loyal friend and neighbor to the royal couple, following their relocation to Montecito, California in 2020.
While Kate inherited $110 million in jewelry from the Queen, that collection did not include the Spencer tiara, a diamond-encrusted crown inherited by William's late mother, Princess Diana, in the mid-1970s. Diana wore the tiara in her wedding to King Charles—then Prince Charles—in 1981.
The youngest of both brothers already had an inheritance from the Queen mother (Queen Elizabeth II's mother) of around $10 million. Plus, he had to share $14 million left by his mother, the late Princess Diana of Wales that was left for him and Prince William.
Princess Charlotte has been refered as "the richest kid in the world" due to her status as a member of the British royal family, which is one of the wealthiest and most prominent royal families in the world.
From 2018 to 2018, Harry's annual allowance from Duchy, which he shared with Meghan, was £5 million or $6.9 million. This paid for Harry and Meghan's public duties as working members of the royal family, such as wardrobe and travel, as well as private costs.
How else does Prince William make money? William, and all royals, receive money via the annual Sovereign Grant, which is funded by British taxpayers to support “their official duties – such as receptions and garden parties – and to cover running costs – such as for royal travel and building maintenance.”
Markle reportedly made about $50,000 per episode of Suits toward the end of her tenure on the USA Network series. Combined with her bit parts and walk-on roles in other TV shows and movies, her total net worth from acting is estimated to be around $2 million, according to Forbes.
Contrary to what others might think, Meghan Markle and Prince Harry are not upset over King Charles's decision to have them vacate their U.K. residence of Frogmore Cottage.
The statement came after a report in a British newspaper said they had been asked to give up the house by King Charles III, and it was being offered to King Charles' disgraced brother Prince Andrew, who is "resisting" taking up residence in the royal abode, according to the tabloid.