Revealed: How much are the Duke and Duchess of Sussex worth?

JJOHANNESBURG, SOUTH AFRICA - OCTOBER 02: Prince Harry, Duke of Sussex and Meghan, Duchess of Sussex visit the British High Commissioner's residence to attend an afternoon reception to celebrate the UK and South Africa’s important business and investment relationship, looking ahead to the Africa Investment Summit the UK will host in 2020. This is part of the Duke and Duchess of Sussex's royal tour to South Africa. on October 02, 2019 in Johannesburg, South Africa. (Photo by Samir Hussein/WireImage)

Following Prince Harry and Meghan Markle's decision to "step back" as senior members of the Royal Family, their current net worth suggests they're likely to land on their feet. 

According to UK-based reports, the Duke and Duchess of Sussex are currently worth around £24m (NZ$47.4m) - a figure that's largely based on the Duke's estate inheritance and the Duchess's career as a former actress.    

In January, Global Radio's commercial station Heart, claims that the Duchess was worth "around £5m" [NZ$9.8m] when she married Prince Harry.

"Meghan appeared in seven series of Suits, and reportedly earned around £37,000 (NZ$73,000) per episode.

"This would make her annual salary £333,000 (NZ$656,000)," the radio station claimed.

In November 2017, Money.com put Prince Harry's estimated net worth at £19m (USD$25m/NZ$37.5m). 

"Harry, who is now fifth in line to the British throne, is currently worth about [USD]$25m, according to an estimate from wealth tracking firm Wealth-X."

Estate money is likely to account for around half of the Duke of Sussex's wealth.

"On his 30th birthday, Harry received full access to an inheritance from his late mother, Princess Diana. 

"CNN valued the total estate, to be split between Harry and his brother William, at [USD] $21.6m in 2009. Harry’s portion would be worth at least [USD]$12.4m today," the website states. 

Following the Duke and Duchess of Sussex's announcement, many Instagram followers showed support for the couple, while others took a black and white approach, believing that "you're either a royal or you aren't", commenting that the £2.4m (NZ$4.7m) that the couple reportedly spent on renovations to Frogmore Cottage was paid out of taxpayer dollars and should be paid back.  

"...I admire your sentiments but won’t want a penny of my taxpayer money to assist you," 'dewlikethis' said.

"If they want to be independent, fine. But remove your titles," 'fitsi' said.

"Supportive of your interest in being free of some rules, but I hope that means surrendering the money that came with being royal and really starting off your own means," 'vpoppie' said.

"I understand your need for a normal life, but you can't have your cake and eat it...should you wish to be independent, then you should get what you have asked for - which is my eyes would mean, you give up your title, the home that was given to you and refurbished by the British taxpayer, security guards, all of it," 'mishklement' added.

BBC News reported in June 2019 that royal accounts show that the renovation of Frogmore Cottage was paid out of the Queen's Sovereign Grant, which Royal UK confirms is funded "from a percentage of the profits of the Crown Estate revenue (initially set at 15 percent)" and is reviewed "every five years by the Royal Trustees."

"Frogmore Cottage in Windsor was turned into a single property for Prince Harry and Meghan, from five separate homes," BBC reported.

While giving up Frogmore Cottage is unlikely to be on the cards, their quest for "financial independence" means it's unlikely they'll have access to Sovereign money going forward. 

On their website, the royal duo explain that in spite of stepping back, their belief in the role of The Monarchy and their commitment to The Queen is "unwavering".

"Their roles will continue to reflect their sense of duty and allegiance to The Monarch and her legacy in the world, as they transition into the new working model. 

"As they move to become members of the Royal Family, with financial independence, their commitment to The Monarch is resolute, and they aim to continue to fly the flag for Her Majesty Queen Elizabeth II, as called upon," the website states.

Having renovated their home at Frogmore Cottage and intending to divide their time between the UK and North America, following reports of talks with fashion brand givenchy, one can only assume that with an estimated £24m (NZ$47.4m) behind them, money won't be tight.

Having decided to step back from royalty and its privileges, the Duke and Duchess of Sussex want their independence - now that's something money can't buy.

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