Wealth expert behind the Sunday Times Rich List predicts that Prince Harry and Meghan Markle will be out within a DECADE with £ 500 million in fortune – and will achieve billionaire status in the long run
- Robert Watts is best known for compiling The Sunday Times Rich List
- He revealed that the duke and duchess of Sussex could be on the list in ten years
- In an interview with Hello magazine, he predicted that their fortune would amount to more than £ 500 million
Prince Harry and Meghan Markle certainly have a lot of money in the bank, but an expert predicted that the couple could reach the richest echelons of British society after Megxit.
Robert Watts, who is the compiler of the Sunday Times Rich List, has examined the Duke, 35 and Duchess, 38, of Sussex’s potential to join the list, with those who have an extensive fortune consisting of real estate , finance, land, shares and listed companies.
“You can’t underestimate the international appeal of being a royal – and the appeal is even greater in the US, Canada and the rest of the world,” London-based financial journalist said Hey! magazine.
“The couple already have an eight-figure fortune – perhaps one as large as £ 20 million – but I think it is possible that Prince Harry and Meghan could come up with £ 500 million in the Sunday Times Rich List in ten years and £ 1 billion in the longer term. ”
Robert Watts, compiler of The Sunday Times Rich List, revealed the potential for the Duke and Duchess of Sussex (photo) to join the list of the richest individuals in the UK
The duke and duchess, although incredibly well off, are not yet at the Rich List level, which required last year that the contenders had a fortune of at least £ 120 million.
Robert compared the commercial power and reliability of the pair with the Beckhams, who were on the Rich List last year with £ 355 million.
He said that the first years of Harry and Meghan will be crucial to their earnings, but they must carefully consider the public when choosing the opportunities they want to embrace.
The wealth expert predicts that the duchess could “quadruple” the estimated £ 37,000 she earned while playing in Suits when she returns to acting.
He added that it would be wise for the couple to spend time carefully developing their brand rather than accepting any opportunity that arises.
Robert describes the union of a British prince and a Hollywood actress as “something special” that could open the world to them.
Robert estimates that Harry and Meghan (pictured in London) could have a £ 1 billion fortune in 20 years if they built their brand carefully
Since the Duke and Duchess of Sussex have announced that they will review their role to lead a more independent family life earlier this year, speculation has attracted much attention.
In a recent statement on their website, the couple have revealed that they will use the term ‘royal’ from spring on, but insist that they continue to have HRH titles, although they do not use them ‘actively’.
A number of trademark applications filed by the couple for articles, including stationery, books, and clothing, were withdrawn after it was agreed not to use Sussex Royal in their business activities.
The Duke and Duchess of Sussex (shown in London) are expected to be the last royals to be completed at the end of February
They will stop receiving money from the sovereign grant on March 31, in addition to having their office in Buckingham Palace when they stop performing official assignments on behalf of the queen.
However, the couple still have a few official appointments in their diaries before Megxit is complete.
The couple will fly from Canada to the UK at the end of February to perform a number of assignments before joining the Royal Family on March 9 at the Commonwealth Day service at Westminster Abbey.