Introduction
Meghan Markle, the Duchess of Sussex, has amassed a massive net worth in recent years, thanks to her successful acting career, endorsement deals, investments, and inherited wealth. The former Suits star’s transition into royalty raised her profile and opened up new financial opportunities, allowing her to accumulate a staggering amount of wealth. In this blog post, we will take a closer look at how Meghan Markle built her multi-million dollar empire, breaking down the various sources of her income.
The Early Years
Meghan Markle was born on August 4, 1981, in Los Angeles, California, to a father who worked as a television lighting director and a mother who was a clinical therapist. Growing up, Markle attended a private Catholic school and later went on to study at Northwestern University, where she earned a degree in theater and international studies. Her acting career began in the early 2000s with small roles in TV shows and movies.
Suits Success
Markle’s acting career took off when she landed a leading role in the legal drama Suits, which ran from 2011 to 2018. As Rachel Zane, Markle became a household name and was earning a reported $50,000 per episode by the show’s seventh season. Her success on Suits paved the way for other acting opportunities, including roles in movies like Horrible Bosses and Anti-Social.
Endorsement Deals
In addition to acting, Markle has made significant amounts of money through endorsement deals with various brands. She has been a spokesperson for several companies, including Reitmans clothing, luxury chocolate brand Godiva, and skincare line Tatcha. Markle also had a blog called The Tig, where she shared her lifestyle tips and partnered with companies like Canadian fashion company, RW&CO.
Investments
Markle has also invested in various ventures, including real estate and fashion. She reportedly made a net profit of $600,000 from the sale of her Toronto home in 2018, and also co-founded the ethical fashion brand, The Smart Set, which promotes sustainable clothing. Markle’s investment in the company helped her generate a significant return on her investment.
Inheritance
In addition to her income from acting, endorsement deals, and investments, Markle has also received significant wealth through inheritance. Her father, Thomas Markle, worked as a lighting director on popular TV shows like Married with Children, and left Markle a sizeable inheritance after his passing. According to reports, Markle’s net worth was boosted by approximately $5 million after her father’s estate was settled.
Royal Success
Meghan Markle’s royal status has also played a significant role in her financial success. As a member of the British royal family, Markle had access to unique financial opportunities, including a custom-built home in Windsor, the ability to travel worldwide, and a royal wardrobe worth millions. Markle has also been able to monetize her royal status, earning money from speaking engagements, book deals, and her fashion choices.
Charitable Work
Markle has also made headlines for her philanthropic efforts, which include work with World Vision, One Young World, and the Elephants Without Borders charity. Her charitable efforts have also put her in the public eye, opening up new opportunities to earn money through speaking engagements.
Conclusion
Meghan Markle’s net worth is a testament to her success as an actress, entrepreneur, and philanthropist. The former Suits star has leveraged her talents, inheritance, and royal status to build a multi-million dollar fortune. From acting to endorsement deals to investments, Markle’s income has come from various sources, which have enabled her to create wealth and build a life of financial independence.
FAQs
Q. How much is Meghan Markle worth as of 2021?
A. Meghan Markle is estimated to be worth $50 million as of 2021.
Q. How did Meghan Markle make her fortune?
A. Meghan Markle made her fortune through acting, endorsement deals, investment ventures, inheritance, and her royal status.
Q. What is Meghan Markle’s biggest source of income?
A. Markle’s biggest source of income was the legal drama Suits, where she earned a reported $50,000 per episode.
Q. Has Meghan Markle’s royal status helped her earn money?
A. Markle’s royal status has opened up unique financial opportunities, including speaking engagements, book deals, and commercial partnerships.
Q. What philanthropic causes has Meghan Markle supported?
A. Meghan Markle has supported several philanthropic causes, including World Vision, One Young World, and the Elephants Without Borders charity.