Duchy of Cornwall, Harry and Meghan have built their fortune in Hollywood through partnerships with Netflix, Spotify, and other ventures.
The Duchy of Cornwall, worth £1.2 billion, provides the Prince of Wales a substantial annual income. Following his inheritance of the estate in September 2022, William’s income soared, reaching £23.1 million for 2023-24. According to Newsweek, this marked a significant increase from the £5.7 million he shared annually with Harry before the Sussexes stepped back as working royals in 2020.
In contrast, the Sussexes’ wealth is rooted in their media projects, including a $100 million Netflix deal, a $20 million Spotify contract, and Harry’s $20 million advance for his memoir, Spare. Harry also serves as Chief Impact Officer at BetterUp, while Meghan has invested in wellness brands like Clevr Blends and Highbrow Hippie.
William’s financial transformation is closely tied to the Duchy of Cornwall, an estate that generates private income for the Prince of Wales. Although he receives significant earnings, he does not have full control over the Duchy’s assets, which cannot be sold.
Newsweek reports that William’s income from the Duchy nearly doubled within a year, increasing from £12.7 million in 2022-23 to £23.1 million in 2023-24. Projections suggest his income could total £82 million by 2025, rivalling the upper estimate of the Sussexes’ Netflix deal. Despite these figures, the Duchy’s structure ensures a steady, long-term income for William