How will Meghan Markle and Prince Harry earn money after Megxit?
MEGHAN and Harry have announced they are stepping down from royal duties in exchange for a “more independent” life.
The move means they’ll no longer be receiving cash from the public, so how will they make an income?
How will Meghan Markle and Prince Harry earn money after Megxit?
It is understood that in return for dropping use of the HRH titles, there will be no oversight on how the couple earn money, meaning they can make whatever commercial deals they want.
This week it emerged that former Suits star Meghan has signed a deal with Disney in return for a donation to a wildlife charity.
The Duchess of Sussex will do the voiceover to help fund Elephants Without Borders, an organisation that helps to track and protect the animals from poaching.
Branding experts have said the couple’s value could quickly challenge the Beckhams, worth £700million.
The couple are free to pursue book deals, TV deals, public speaking, fashion and brand partnerships after their split from the royal family.
How will they pay for the Frogmore renovations?
The Queen revealed a no-nonsense deal that will see Meghan and Harry pay back £2.4m of taxpayers’ money spent on Frogmore Cottage.
As payback for quitting royal duties, the pair will foot the huge cost of refurbishing their Windsor residence — where they only moved in last April.
The couple decided to leave Kensington Palace for the Grade II-listed property, which was a gift from The Queen.
Now it’s suspected that the couple could face paying £30,000 in rent a month in order to retain Frogmore Cottage – even though they will spend most of the year abroad.
MEG-A BUCKS: How Harry and Meghan are free to rake in £700m from commercial deals AND still pocket £2m-a-year from Prince Charles
MEGHAN Markle and Prince Harry have quit as royals – and are now free to rake in mega-bucks from commercial deals.
And potential deals are streaming in.
Overnight, Netflix’s chief content officer Ted Sarandos admitted the streaming giant would be open to working with the couple.
Speaking at a Los Angeles event, he said: “Who wouldn’t be interested? Yes, sure.”
Meanwhile UK branding expert Claire Shiels said the couple’s value could quickly challenge the Beckhams, worth £700million.
The couple are free to pursue book deals, TV deals, public speaking, fashion and brand partnerships after their split from the royal family.
Another untapped resource they can now take full advantage of is social media.
CNBC reports the couple have the potential to make over £80 million from sponsored content deals, according to data from influencer marketing platform Klear.