Harry and Meghan, a story of love and money: how much they earn from the documentary and all other business

A documentary in six parts on the relationship of Harry And Meghanfrom the early days of the courtship to their current life in the United States, “with the participation of friends and family, many of whom have never spoken publicly before” about what they have seen and experienced with the couple and the current state of the United Kingdomdebuts on Netflix L’December 8th. It is the first project of the production house, Archewell Productionsto see the light since Prince Harry and Meghan Markle signed the deal with the streaming platform in 2020. A deal that could last up to 100 million dollars in five years.

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Business with Netflix

Over the past couple of years it has seemed that i Sussex promised too much content that never came, except for Meghan, who made a best-selling children’s book and one of his podcasts on Spotify by 13 episodes. Content on which their finances depended, from the $ 20 million California mansion, on which they pay a mortgage, to the lifestyle of the former royals. As a Netflix adviser told British tabloids in May, the Sussexes’ deal with Netflix is ​​no different: i money they materialize when they present the projects, and the money materialize when they work on them. Which means that too Pearlthe animated series created by Meghan and developed by Archewell Productions which Netflix shelved in Maybrought money to the couple, although then it was canceled (Pearl she wasn’t the only one affected). Presumably, the release of the documentary will also be accompanied by a good income: the Sussexes have provided what no documentarian or biographer usually does: direct sources and first-person accounts. It would not be far-fetched, nor far from the figures that the platform manages, to bet that this series has guaranteed them at least 20 million. It’s a big bet five-year agreement.

Spotify, Oprah Winfrey and coffee

The same goes for Spotify: your agreement has a duration of three years and a much more modest amount: between 14 and 17 million euros in that period. After all, the platform spent almost a billion euros on podcasts in 2021 and saw revenues of only 250 million, but the belief is that this is a market that will not stop growing. It remains to be seen how much they will earn for partnering with Oprah Winfreywith which they are producing a documentary series for Apple TV. Oprah, moreover, has amassed millions with her interview and demonstrated the audiovisual and economic potential of the Sussexes, who have transformed a single interview into a business of over 20 million euros, even though they were the only ones who didn’t get paid. Meghan: at the end of 2020 you also invested in a coffee brand sustainable, Clevr Blends, which Oprah has been promoting on her must-have gift lists. In these two years, the brand has grown to the point that Meghan’s investment could have earned her nearly ten million.

Society and books

That’s not the only good investment they’ve made: they’re direct partners of ethicsa company of sustainable investmentswhich has multiplied funding and capital since the Sussexes got married: every dollar spent the day Harry and Meghan arrived at Ethic, just over a year ago, is now worth three times as much. We still don’t know how much Harry earns as a manager of one startups who deals with mental health. But we know how much his has changed agency, BetterUpsince he joined: in March 2021 he was valued at 1.4 billion euros, today it is worth about 5 billion. His salary as a top executive should be a little less than that of a millionaire. So much so that he has already donated around two million of the advance that was paid to him for his memoirs: almost 20 million euros, most of which Harry intends to donate (and which are part of a contract for three books with Penguin Random House, worth almost 45 million euros). The couple also receives an unspecified amount of money from Procter & Gamble (also in a multi-year deal) to fund the Archewell Foundation and organize joint events.

Overall, the Sussexes don’t have to worry about their immediate future. They charge approx a million each for conferences and public events. Their philanthropic arm, the foundation, enjoys millionaire donations and their presence remains highly profitable for both brands and companies. It’s perhaps the only thing the documentary doesn’t tell us: how much they earn. But their existence already gives an indication of how much their couple is worth financially.

Source: Vanity Fair

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