The Rich Life of Meghan Markle _ HIGHLIGHTS
Category
✨
PeopleTranscript
00:00 Meghan Markle and Prince Harry have gone exceptionally grand with their California
00:04 starter house. Prince Harry and Meghan Markle are living large and we're about to take an
00:09 inside look into their massive house. The Duke and Duchess of Sussex secured a 9.5 million dollar
00:16 mortgage to acquire the seven acre compound. They have chosen to make their home in the serene
00:21 neighborhood of Montecito, California, residing in a massive mansion valued at 14 million dollars
00:28 since they decided to step away from their royal duties back in 2020.
00:33 The couple bought this 14,000 square foot Montecito estate from a Russian businessman
00:37 for 14.7 million dollars in June. This very opulent residence, it has an expansive 18,000
00:44 square feet encompassing nine bedrooms as well as 16 bathrooms. It has nine bedrooms,
00:51 16 bathrooms along with a game room, tennis courts and ruski stripper pool. Despite their attempts to
00:57 keep the interior of the home shielded from public view, the Duke and Duchess of Sussex,
01:02 Harry and Meghan, have inadvertently provided occasional glimpses into their luxurious home.
01:08 And when you take a look at this mansion, it really gives off like royal family
01:13 vibes. Like it's very interesting. Like check it out.
01:23 This house where they are raising their young children, Prince Archie and Princess Lillibet,
01:28 seamlessly blends the timeless elegance of royalty with a tasteful fusion of mid-century
01:34 modern aesthetics and a Victorian design element. Yeah, it's pretty fascinating,
01:38 the architecture in this home. Very well done. So yeah, like I was saying, Harry and Meghan have
01:42 given glimpses into their luxurious home office, especially where they conduct their professional
01:48 affairs. And Meghan Markle initially provided a sneak peek of their office space in a 2021
01:54 promotional video and that coincided with the announcement of her 40 times 40 initiative.
01:59 You know your camera's on, right? I can see you.
02:01 Hang on, I'll be right back. No, no, it's no problem. It's fine.
02:07 And this is not just any old office space. Like this office is adorned with a stylish $1,699
02:14 handcrafted pine wood pottery barn dining table repurposed as a desk, complemented by ivory chairs
02:21 and a $1,800 cashmere Hermes blanket and an array of meticulously curated coffee table books. Now,
02:29 this home office, prominently featured in Harry's Heart of Invictus Netflix documentary,
02:35 boasts additional elements such as a striking stone fireplace, a tan woven rug, and an abundance of
02:43 natural light streaming in through elegant round top French doors. According to The Cut,
02:50 Meghan Markle said this in an interview with them. "We did everything we could to get this house,
02:57 and I don't blame them. This house is a beauty, guys." She also said that the house is very
03:03 healing and it also makes her feel free. There are also some images from the Meghan and Harry
03:09 limited Netflix docuseries that provided a glimpse into numerous rooms that they have within their
03:16 home. And a mirror selfie shared by Meghan Markle cradling her daughter, Lilibet, revealed a
03:22 fairy tale-style nursery that they had set up. The room features wooden ceiling beams,
03:27 plush carpeting, an oval crib, and charming nature-themed wall paintings. Harry and Meghan
03:33 Markle's living space showcased during her 2020 America's Got Talent appearance. It really showed
03:39 off all of its opulence with fine art and contemporary accents. Pattern throw pillows,
03:46 a gallery wall, and a diptych candle infuse vibrancy into the entire room. I don't know how
03:54 many other big words that I can use to describe their home. Even greenery and flower bouquets,
03:59 they abound in their home and they introduce pops of color and dimension to the predominantly
04:05 monochromatic themes that are seen throughout the home. And the exterior of the mansion mirrors the
04:11 beauty of the interior. The expansive property boasts a pool, a tennis court, a tea house,
04:17 rose garden, olive trees, and a two-bedroom guest house and a children's cottage. Despite rumors
04:25 suggesting a potential relocation to another Malibu residence, a spokesperson for the couple,
04:31 Harry and Meghan, they have firmly denied that they are moving at all, stating that there's no
04:37 truth to them moving to Malibu or anywhere else. Maybe they're going to be purchasing other
04:43 properties, but even if they do, they're not going to move there. The couple, who got married back
04:48 in 2018, initially resided in Tyler Perry's $18 million Beverly Hills mansion before settling
04:54 into their current house. So exactly how rich is Meghan Markle anyways? With reports coming
05:20 daily about her struggles to make it big in Hollywood, as well as her facing some financial
05:26 pressures right now, Meghan Markle, surprisingly, has still amassed a considerable amount of money
05:32 over the years. First up, let's talk about her earnings from Suits. Among her most notable acting
05:46 roles was her portrayal of Rachel Zane in the TV series Suits, and she portrayed that character
05:52 from season 1 to season 7. According to Cheat Sheet, Meghan's earnings amounted to $50,000 per
06:04 episode for her involvement in the show. However, Meghan's financial success extended beyond
06:10 Suits. She also enjoyed substantial earnings from smaller roles in films such as Remember Me,
06:17 as well as The Candidate. Reports show that she received approximately $187,000 for Remember Me,
06:25 and she also received $171,429 from The Candidate, both of which were in 2010.
06:33 Now, when it comes to other earnings, similar to other aspiring actors, Meghan recognized the
06:38 importance of diversifying her sources of income. So, she ventured into the role of lifestyle expert,
06:45 and she successfully managed a popular blog named The Tig for a number of years before closing it
06:52 in April of 2017. In addition to her blog, Meghan capitalized on sponsorships and endorsements
07:05 through her presence on social media platforms. This reportedly contributed to an extra income
07:11 of up to $80,000 per year, according to Nonetworth.com. Now, from there, when it comes to
07:23 Meghan Markle's earnings and her net worth, we also have to factor in Prince Harry's income
07:30 and net worth before and after marriage. According to the BBC, the major portion of Prince Harry's
07:37 income, accounting for 95%, was derived from his father, King Charles III, who managed the Duchy of
07:44 Cornwall, which is a comprehensive portfolio of financial investments and property holdings that
07:51 yielded £21.6 million, which is approximately $29.8 million in revenue, during 2019 alone.
08:01 This income arrangement extended to Meghan Markle after their marriage,
08:13 so of course that added to her net worth. During the period of 2018-2020, Prince Harry,
08:18 alongside Meghan, received an annual allowance of £5 million, or $6.9 million, from the Duchy of
08:26 Cornwall. This financial allocation was intended to cover various expenses related to their roles
08:31 as active members of the royal family, encompassing responsibilities such as wardrobe and travel
08:37 expenditures, as well as personal costs. The remaining 5% of Prince Harry's income
08:44 originated from the Sovereign Grant, which is funded by taxpayers and administered by
08:52 the government to support official duties and the operation of the royal palace. The Sovereign Grant,
08:58 in conjunction with profits from Crown Estate assets and commercial properties owned by the
09:04 Crown, accumulates to a value of £82.4 million, which is $114 million. However, after Meghan and
09:14 Harry left the royal family, they no longer took money from income streams like the Sovereign Grant.
09:21 And when we look at them combined as a couple, both Meghan Markle and Prince Harry have a total
09:26 net worth of $60 million, and this is according to CelebrityNetWorth.com. This valuation encompasses
09:33 the earnings that Meghan earned from her acting career and various other sources of income,
09:38 both before and after her time in the royal family. Also, according to Forbes, Meghan and
09:44 Harry accumulated a nest egg of approximately $5 million as they embarked on repaying the Sovereign
09:50 Grant that they received, as well as purchasing their $14.7 million residence in Montecito.
09:57 Harry and Meghan also had a deal with Spotify, and this deal was originally $20 million to produce
10:03 their podcast called Archetypes. However, she and Harry didn't make enough content to warrant being
10:15 paid the full amount, and the deal was cancelled. Either way, another revenue stream was Meghan and
10:27 Harry's Netflix deal back in 2020. They entered into a partnership with Netflix, securing a
10:34 contract worth $100 million. And in addition to their hit docuseries titled Harry and Meghan that
10:41 they released for Netflix, this Netflix collaboration will involve the creation of a
10:46 diverse range of content encompassing documentaries, children's programs, as well as other
10:52 docuseries and scripted programs. In addition to this, Harry and Meghan also signed an agreement
10:59 with Harry Walker Agency in June of 2020, outlining their participation in speaking
11:05 engagements, with each speech potentially earning them around $1 million. Harry had also received a
11:12 $20 million advance from Penguin Random House for his memoir Spare that was published in 2023,
11:20 and this further contributed significantly to their overall net worth.
11:24 Meghan Markle is thrilled about being on the verge of landing her first major deal since parting
11:42 ways with Spotify. So naturally, she's turned her sights to yet another project. Apparently,
11:47 she's on the cusp of signing a multi-million dollar deal. Angela, what are the details?
11:51 According to a new report, the Duchess of Sussex is said to be inching closer towards signing on
11:56 the dotted line for a multi-million dollar contract with Amazon's podcast production partner,
12:02 Audible. The Duchess of Sussex is said to be inching closer towards signing on the dotted
12:05 line for a multi-million dollar contract with Amazon's podcast production partner, Audible.
12:10 A source told Closer UK that the new venture has the power to make or break her Hollywood dream.
12:15 A source told Closer UK via the Mirror that the new venture has the power to make or break her
12:19 Hollywood dream. Word of mouth is spreading that it will lead to a huge payout, even bigger than
12:24 the millions Spotify splashed out, an insider told the outlet. Well, it looks like Meghan is one step
12:29 closer to dominating the entertainment industry. Rumour has it that the Duchess is about to sign
12:34 a deal with Audible that could potentially top the millions she received from Spotify.
12:38 Looks like Harry isn't the only one who can make a fortune with podcasts. But let's not forget,
12:43 Meghan has always been successful on her own terms. From acting in hit TV shows to becoming
12:47 a member of the royal family, she has proven time and time again that she is more than capable of
12:52 making her own way in life. And now with this new deal potentially in the works, it's safe to say
13:06 Meghan is taking her Hollywood dream to the next level. We can already hear the haters saying
13:12 she's just using her royal connections to score these deals. But let's be real,
13:15 if anyone has the talent and charisma to make it in Hollywood, it's Meghan. So watch out world,
13:20 because Meghan is on a mission to show us all just what she's made of. And we have a feeling
13:26 this is only the beginning of her impressive journey in the entertainment industry.
13:29 According to a source, Meghan is thrilled that she'll be in the company of Michelle and Barack
13:39 Obama who also signed a deal with Audible in 2022. The source suggested that the rumoured deal on the
13:49 table is a lucrative one. Meghan seems very confident at the moment, but the reality is that
13:54 she's been in a pretty desperate spot. The source claimed. Losing the Spotify deal was a massive
14:04 blow to her, not to mention her ego. She's been pretty lost since, but this deal could turn
14:09 everything around. The insider said the Suits star feels ready to work with Audible but added
14:17 that it doesn't mean this isn't seriously daunting. Meghan's friends think it could be worth 10
14:21 million, the insider revealed. Well, looks like Meghan is about to secure the bag and silence
14:25 any doubters once and for all. And hey, if she's in the company of the Obamas,
14:29 then that's just proof she's in good company. She hardly sleeps
14:38 thanks to the pressure of it all, but knows that the pressure will only get worse
14:42 if she lands the deal. It won't make or break, the source added. Hollywood's power brokers will
14:46 be aware of just how Barack and Prince Harry fumbled on the Spotify deal. So they fear that
14:58 getting dropped twice would be the end of their brand as nobody would trust they could deliver
15:02 the content. The stakes are extremely high. However, an Audible spokesperson told Page Six
15:13 Thursday that there is no truth to the report and there aren't any negotiations with Merkel.
15:18 We can't wait to see what kind of content Meghan will bring to Audible. Will it be a tell-all about
15:22 her experiences in the royal family? Or maybe some inspiring motivational talks? Whatever it is,
15:28 we know one thing for sure, it'll definitely be worth listening to. So let's raise our headphones
15:33 and toast to Meghan Markle, the soon-to-be podcast queen. We're cheering you on all the way.
15:39 Meghan Markle's mom is out here mingling with some of Hollywood's biggest stars.
15:55 Doria Ragland made an appearance at This Is About Humanity's 5th anniversary soiree in
15:59 Los Angeles on Saturday night. We've seen so many more reports coming out now and pictures
16:04 linking Meghan with the Kardashians, either directly or indirectly. So if you really think
16:11 about it, why would they want to be seen with her? Because they want to be in the Meghan Markle
16:15 business. But fans and critics are pretty divided on this collaboration because it can be a great
16:21 thing, it can turn out to be amazing, or it can get really messy. I'll share my thoughts a little
16:26 bit later. But Meghan Markle, who is still going by the Duchess of Sussex royal title, might be
16:32 coming back to social media in a very big way. She's thinking about it and she has asked the
16:38 Kardashian-Jenner family for help. Obviously, the Kardashian-Jenner sisters and the entire family
16:44 are pretty much masters of social media. Like, they all have literally hundreds of millions of
16:49 followers each on Instagram alone. Not including other platforms, by the way. So I see, it makes
16:56 sense if you want to dominate social media, ask the Kardashians how to do it. They have the secret
17:02 sauce. "Hoping to occasionally be invited to a mosh pit with a couple of the Kardashians and Lizzo."
17:08 And Meghan saw how Kim Kardashian and Kris Jenner were really nice to her mom, Doria Ragland, at an
17:15 event in August of 2023. And she also thinks that, like her and Prince Harry, the Kardashians have
17:22 also been treated unfairly by the media. "These people really are showing that all of this stuff
17:28 is total bullshit about wanting to go back to the family and all of the blah blah blah blah."
17:31 Meghan really wants to start up her blog again, known as the Tig, or at least reinvent it in some
17:38 way. And she has an Instagram account with the name @Meghan. So some reports suggest that she
17:44 might return to social media sooner rather than later. "The name the Tig comes from a wine called
17:49 Tignanello, but oftentimes it's mispronounced Tignanello." And a source close to Meghan had this
17:55 to say, "She's coming back." Like a definitive statement, Meghan Markle is going to be all over
18:01 social media pretty soon. And right now it looks like Meghan has been talking to the Kardashian
18:06 Jenner family through video calls, as well as some in-person meetings. And this was taking place
18:12 over the entire summer of 2023. They've been chatting about fashion and wellness products,
18:18 and they want whatever they do to match up with Meghan's return to Instagram. As a matter of fact,
18:23 it was Ellen DeGeneres who actually introduced Meghan to the Kardashians, and they've been coming
18:28 up with ideas on how they can work together. So Meghan's definitely connecting herself in the
18:34 whole celebrity arena here. And Meghan thinks that the Kardashians are like a secret weapon,
18:39 so to speak, because they're experts in social media and they're super successful in the industry.
18:45 So this is going to be a win-win situation. They help her, she helps them. After all,
18:51 she is the Duchess of Sussex, right? So that should come with some perks. But this is why I
18:57 say that it could actually turn out great because, you know, you want to learn from the most successful
19:03 people in any field, because that would be very beneficial in figuring out what to do versus what
19:10 not to do. But on the other hand, the Kardashians, they are a very competitive family, as well as
19:15 they're very close-knit. And we've seen before in the past how they will cut people out of their
19:21 lives just like that, and also take other people's ideas and profit from them. So yeah, Meghan's
19:29 definitely gotta watch out if she's really trying to make it as a big influencer. But Meghan appears
19:36 to be very confident about this collaboration because the source also had this to say.
19:42 Meghan feels that there's no harm teaming up to share expertise and see where it takes them.
19:47 Currently, though, we don't specifically know exactly what they're going to be working on
19:51 together, but Meghan is definitely getting ready to be back on social media very, very soon. And
19:57 Meghan hasn't used social media since her and Prince Harry stopped using their joint royal
20:03 family account in 2020, and that's when they stepped back from the royal family. "The decision
20:09 that I have made for my wife and I to step back is not one I made lightly." But now it seems like
20:16 she's ready to come back to Instagram and either restart or reinvent her blog in some way. And with
20:22 the Kardashians help and her newfound fame being linked to the British royal family,
20:28 Meghan might do even better than she was doing before on social media.