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Actually, it would be pretty easy for Meghan Markle and Prince Harry to build a billion-dollar brand

Taylor Borden   

Actually, it would be pretty easy for Meghan Markle and Prince Harry to build a billion-dollar brand
Meghan Markle Prince Harry

Chris Jackson / Getty Images

  • $4 and $4 officially $4 on January 8 that they are stepping back as "senior" members of the royal family and intend "to become financially independent."
  • Despite $4 suggesting she'd been unaware of (and taken aback by) the Duke and Duchess of Sussex's intentions, $4, the Queen announced she was "entirely supportive" of the decision and that there will be a "period of transition" where the couple will spend time in both the UK and Canada.
  • "Harry and Meghan have made clear that they do not want to be reliant on public funds in their new lives," the Queen $4, in part.
  • Although Harry and Meghan $4, experts say the two could easily create a billion-dollar global brand.
  • $4

The Queen $4 addressing the news that Prince Harry and Meghan Markle would be taking a step back from royal life: "My family and I are entirely supportive of Harry and Meghan's desire to create a new life as a young family. Although we would have preferred them to remain full-time working Members of the Royal Family, we respect and understand their wish to live a more independent life as a family while remaining a valued part of my family."

Part of that "more independent life" would involve funding their own $4 rather than depending on the money from a $4 "Harry and Meghan have made clear that they do not want to be reliant on public funds in their new lives," the Queen continued.

But ultimately, it would probably be relatively easy for the couple to support themselves. They could maybe even build a billion-dollar brand in the process.

David Haigh, the CEO of Brand Finance, an independent brand evaluation consultancy firm in London, $4 if Harry and Meghan couldn't leverage their celebrity into a billion-dollar brand. He even cited $4 as a replicable phenom for the royal couple.

From book deals and speaking engagement opportunities to branded merch, Prince Harry and Meghan Markle are poised to build an empire

Royal commentator and author Kristen Meinzer told Business Insider's Taylor Nicole Rogers that the royal couple has $4 She compared their popularity to that of $4 and noted that the value of their book offers will likely be in the neighborhood of $4

WWD's Feitelberg also reported that $4 covering a wide range of Sussex Royal branded apparel and other merchandise, but those applications only covered use of the trademarks within the UK. Haigh posited that those trademarks were originally "defensive," i.e., filed so that others couldn't profit off their name. The Guardian just reported that a $4, seeking to register the Sussex Royal brand in Australia, Canada, the EU, and the US. The international filings mention a total range of items and services, from stationery paper to the $4 according to The Guardian.

"It's noticeable that every time [Meghan] dotes a particular clothing brand or wears anything, they instantly crash the websites and sell out," Haigh told WWD, insinuating that any Sussex branded goods will surely sell well, but also that any future fashion collaborations would too.

Other opportunities could include leveraging their celebrity status on Instagram

Notoriety sells. Haigh noted that the pair's 2018 wedding brought a billion-pound boost to the British economy and brought in an additional three million tourists to the UK.

Marketing platform $4, which connects brands like Coca-Cola and UNICEF with potential influencer partners, told Business Insider that Harry and Meghan can expect to earn as much as $105,000 per singular sponsored Instagram post, should they choose to monetize their social media presence. The estimate is based on the current engagement rate of the pair's $4 - which saw 190,000 new followers in the 24 hours following their statement last week, more new followers than the account gains in a typical month.

For comparison, Kylie Jenner, who Haigh highlighted as a particular social media success story, has an estimated maximum post fee of $1.5 million, according to inzpire.me. Meanwhile, the Obamas, who Meinzer directly compared the royal couple to, are projected to have a maximum post fee of $230,000.

Inzpire.me's cofounder Marie Mostad suggested that Instagram influencing may not be far off for Meghan and Harry, noting their initial Instagram announcement in and of itself was "a big departure" from the way royal news is typically announced. "This may be the first of many modernizations we see in the royal family," she noted.

But, as Rogers previously reported for Business Insider, $4. It's just one of the potentially lucrative options to grow their brand.

Though it's also unlikely that Markle will $4, reports have already surfaced that $4. While neither the royals or Disney have confirmed the news, The Times of London reported that $4, emphasizing the couple's commitment to using their celebrity for philanthropy.

Charity will surely take take center stage in the global brand the Duke and Duchess of Sussex are poised to build - their initial statement included a callout to $4 and $4 have been a focal point of their work as "senior royals" in the past.

NOW WATCH: $4



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