Prince Harry and Meghan Markle 'set to make millions' from endorsements after splitting from royal family
The Duke and Duchess of Sussex are set to make millions of dollars in endorsements despite leaving the royal family and choosing to become financially independent.
Prince Harry and Meghan Markle have withdrawn from the sovereign grant and this very act might help them make millions. Since they will be no longer bound by royal work, Harry and Meghan are free to take up commercial deals which could very well include lucrative sponsorships.
The couple already has a $45 million private fortune to fund their new life but has the chance to make much more through various projects. The two could easily mint a fortune via profits from book deals, speaking engagements and in Meghan Markle's case, fashion collaborations.
As reported by Daily Mail, the CEO of the PR firm '5W Public Relations', Ronn Torossian, shared: "Their earning power — both individually and as a couple — is limitless in all aspects of endorsements. Whether appearances, brand partnerships or more, they could make eight or nine figures annually with endorsement deals."
"With the level of name recognition both of them have, brands will no doubt be tripping over themselves to offer Meghan and Harry partnerships, endorsement deals, positions as brand ambassadors, and more," Torossian continued. According to Mirror, a royal source revealed, "Harry and Meghan have clearly set their sights on becoming one of the most famous and influential couples in the world."
The new parents have also many A-list friends who will be sure to help them make a transition into their new lives. Prince Harry and Meghan Markle are friends with celebrities such as the Obamas and the Clintons, among many others.
Harry and Meghan took to Instagram to announce their decision to "step back" as senior members of the royal family. The post shared that the couple plan to "work to become financially independent by starting to carve out a progressive new role within this institution." The announcement came after their six-week-long break in Canada.