How much is Meghan Markle worth?
| Net Worth: | $50 Million |
|---|---|
| Profession: | Professional Actress |
| Date of Birth: | August 4, 1981 (age 41) |
| Country: | United States of America |
| Height: | 5 ft 6 in (1.68 m) |
About Meghan Markle
Meghan Markle, whose full name is Rachel Meghan Markle, is an American philanthropist and former actress, known most notably for being a member of the British royal family. In 2018, after her marriage to Prince Harry, the grandson of Queen Elizabeth II, she became the Duchess of Sussex. Two years later, the couple announced their intentions to move to Southern California and step back from their membership from the royal family.
Meghan Markle rose to fame with her marriage to Prince Harry. She was born on August 4, 1981, in Los Angeles, California. Her father is a retired lighting and television director of photography, while her mother worked as a yoga instructor and social worker. Rachel grew up in Hollywood and was educated at private schools.
Shortly after graduating from the Immaculate Heart High School, she joined Northwestern University. At that time she also participated in multiple community services and charity projects. In 2003, she earned her Bachelor’s Degree with a double major in theater and international studies.
Sometime before she became the Duchess of Sussex with millions of followers from around the world, Meghan tried several jobs to support herself while pursuing an acting career. In the early 2000s, she began work as a freelance calligrapher and also taught bookbinding. In 2002, she made her professional acting debut by working an episode of the medical drama General Hospital. A few years later, she continued to land roles in television series such as Century City, Cuts, Love, Inc., and 1 vs. 100.
Before she gained international fame with her marriage to Harry, Rachel was finding success in acting. After starting with small roles in various television films and series, in 2011, she joined the cast of the legal drama Suits, where she played the role of Rachel Zane for seven seasons until 2017. After that, she retired from acting and closed all of her retired social media accounts.
In 2005, she made her film debut by starring in A Lot like Love where she got a minor role. Thanks to her passion for acting, Markle received offers in many other television series, which helped her receive more opportunities. 90210, Till Death, Knight Rider, Without a Trace, Fringe, The League, and CSI: Miami are just a few of the series that she took part in.
In 2010, the talented actress joined the cast of two films – Get Him to the Greek and Remember Me. For her role in the latter, she received $187,000. She continued to earn more for her acting in several other films from the early 2010s such as The Candidate, Horrible Bosses, Dysfunctional Friends, and Random Encounters.
The role that not only helped Meghan Markle earn millions but also breakthrough was that of Rachel Zane in Suits. She joined the USA Network series in July 2011 and reportedly earned a peak salary of $50,000 per episode. Markle appeared in 108 episodes.
In addition to acting and prior to becoming a member of the royal family, in 2014, Meghan founded her own lifestyle website titled The Tig. The website, which included articles about beauty and travel, fashion, and food, quickly grew and Meghan began working with various makeup artists, fitness and yoga instructors, dietitians. By April 2017, she had more than 4 million followers. As a lifestyle blogger alone, Rachel was able to earn an estimated $80,000 annually from both sponsorships and endorsements.
Just before her exit from Suits in 2017, she met Prince Harry whom she began dating. After a little over a year, in November 2017, the Prince of Wales announced their engagement. Meghan then retired from acting and focused her attention entirely on becoming a British citizen, while also preparing for her introduction into the British royal family. Her final film role was in the 2015 crime movie, Anti-Social.
She and Harry got married in May 2019 and shortly after moved to Nottingham Cottage.
Markle’s Total Net Worth
Harry and Meghan remain one of the most covered couples by the news and media. For the past few years, they’ve been added multiple times in year-end lists by Time, British Vogue, and Powerlist that highlight the most influential people in the world. Just seven months after they agreed to resign their roles as members of the royal family, the couple signed a multimillion dollar deal with global streaming service Netflix, in 2020.
The deal includes the development of scripted and unscripted productions such as series, films, documentaries in which The Duke and Duchess of Sussex have agreed to star. The five-year deal has been reported to be worth $100-150 million.
In December of 2020 the couple also signed a deal with Spotify. The three-year deal has been reported to be worth another $18 million. That same year of 2020, Harry and Meghan had invested $14.7 million in a property in Montecito, California. It has been reported that a $5 million dollar cash payment was made in addition to taking a $10 million dollar mortgage.
Her role of Rachel Zane was the love interest of Gabriel Macht, played by Harvey Specter in Suits. Meghan’s involvement on the show earned her a peak salary of $50,000 per episode, and she still gets a paycheck when the show airs in the way of royalties.
From her television work, which included appearing in 17 TV series, as well as her 9 film acting credits, combined with her work as a writer and as a producer, and including all of the appearances that she has made on TV shows as herself. It is estimated that Meghan earned about $5 million dollars.
Of that amount, $700,000 is expected to have been paid in business related costs. The remainder, $4.3 million, will have been taxed at around 45% as Markle has been residing in the state of California. After tax, it is estimated that her career earnings are at around $2.36 million dollars, having paid $1.94 million dollars in taxes.
In her personal life, Markle has remained clear even when she was becoming one of the most famous people in history. She has said, “reflecting on where I came from helps me to appreciate and balance what I have now.” She has also been heavily involved in helping others, saying “there is a myth that those who do humanitarian work have a savior mentality, but the relationship is reciprocal.”
When taking into consideration likely expenditures that the Duchess would have incurred over her life and career, as well as her earnings, not to mention her spending. It appears that she may be worth something around $50 million dollars.
One of the Duchess’ best qualities that helped her find success is her compassion. Long before she became a media sensation, she has joined multiple charities, campaigns, and organizations.
While acting, in 2013, she joined the international charity One Young World as a counselor. She toured many countries such as Ireland, Afghanistan, and Spain, among many others, where she spoke on topics of modern-day slavery and gender equality. In 2016, she joined the World Vision Canada as a global ambassador. As a feminist, she has taken trips to countries where she has been able to raise awareness for women’s issues, including women’s rights and social justice.
Summing-Up
Meghan Markle is now known as not only one of the wealthiest, but most popular women on the planet. Long before she married the Prince of England and joined the royal family, she gathered millions of fans and found prosperity in various fields. In just a few years, she was able to earn and live as a professional actor from her acting roles, while also representing international charities and organizations and supporting different causes.
In addition to that, she also created her own lifestyle website, thanks to which she earned $80,000 annually. Today, Meghan Markle remains an influential public figure that has received recognition for her fashion and style. In 2016 she even launched her own fashion line.
