Friday, May 14, 2021
HomeMeghan Markle and Prince Harry’s net worth soars to almost £100 million

Meghan Markle and Prince Harry’s net worth soars to almost £100 million

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The Sussexes bought a nine-bedroom, 16-bathroom mansion in Montecito for $14.65 million (£10 million) last June.

Estate agents say the home has soared in value, with one predicting the property might now be worth almost three times what they paid, The Times reports.

The property boasts hiking trails into the Santa Ynez mountains, views over the Pacific and includes a gym, spa, cinema, separate guesthouse, tennis court, pool, a children’s play area and a shed for rescued battery hens.

Randy Solakian, an estate agent with Coldwell Banker Global Luxury, told the newspaper that the couple purchased the property at right time and got “a bargain.”

“It would have been really ugly if they’d paid $40 million [£30 million] for it, which is what it’s probably worth, but I would say they got a bargain,” he said.

Sandy Stahl, an agent with Sotheby’s International Realty, said the property market in Montecito has gone “crazy” since the summer.

Stahl added that the Sussexes’ estate would probably sell for “at least double” what they paid, adding that a mansion nearby was on the market for $21 million and wasn’t “nearly as nice”.

While he did not go into detail, it’s likely he was referring to the allowance he received from Prince Charles, which adds up to around £2.5 million a year through the Duchy of Cornwall.

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