It looks like Prince Harry and Meghan Markle are making good on their word "to become financially independent."
"Since moving to California and stepping down as working royals, Harry and Meghan have secured a number of lucrative business deals and personal endorsements which have seen their personal wealth rocket," branding expert Andrew Bloch told Fabulous. "I would estimate their combined net worth is circa £250million (around $342 million USD)."
"They are really making the most of their newfound status, and their potential to become the world’s richest personal brand looks imminently achievable," he added. "Them becoming a billion-dollar brand is certainly not out of the question. [The] sky is limitless."
Bloch's claims come shortly after the Sussexes announced they became "impact partners" with investing firm Ethic.
"When we invest in each other we change the world," the parents-of-two said in an official statement. "Be it through the investment of time (as with mentoring), investment in community (as with volunteering), or in the investment of funds (for those who have the means to), our choices — of how and where we put our energy — define us as a global community."
"We believe it's time for more people to have a seat at the table when decisions are made that impact everyone," the messaged continued. "We want to rethink the nature of investing to help solve the global issues we all face. That is one of the ways we put our values in action."
Bloch believes the gig will net them £366,000 ($500,000 USD) each year.
Prior to the business deal, Harry and Meghan signed a multiyear contract to produce content for Netflix, earning them £112 million ($153 million USD), and they scored £30 million ($41 million USD) when signing with Spotify.
Additionally, Harry was said to have scored $20 million for his memoir, and the couple also work with AppleTV+ and have multiple speaking gigs, in addition to Harry's job with mental health startup BetterUp.