Meghan Markle and Prince Harry boast a combined wealth estimated at £60 million. However, according to a royal expert, this impressive sum isn’t enough for the Duchess of Sussex, who is reportedly setting her sights on billionaire status.

The former actress’s deal with Netflix, initially valued at $100 million (£74 million), was reportedly adjusted in August to a ‘first-look’ agreement for film and television projects. Additionally, their collaboration with Spotify was relatively brief.

Nevertheless, as a mother of two, Meghan is likely pinning her hopes on her lifestyle brand, which recently unveiled its first Christmas collection, as her ticket to greater financial success, aiming to join the ranks of billionaires like Kim Kardashian and Jeff Bezos.

In the new Channel 5 documentary, “The Meghan Effect: How She Shook Up the Royal Family,” royal commentator Emily Andrews shared insights, stating, “I’ve heard from those close to Meghan that she aspires to become a billionaire.”

Andrews elaborated, “To achieve billionaire status, she must expand her brand to reach its full potential. Jam is merely the starting point.”

It comes amid rumours that the Duchess could be set to launch a Kardashian-style ‘mega brand’ after she was spotted cosying up to the British Dragon’s Den star who masterminded Kim’s hugely popular Skims range.

Multi-millionaire Emma Grede shared a flurry of posts featuring Meghan as the ‘star guest’ at her Los Angeles dinner on Instagram earlier this month.

PR experts speculated the posts were an indication that Prince Harry’s wife is leaning on the business woman’s years of expertise ahead of launching a new venture.

Andrews believes a pursuit in the hospitality sector is on the cards, saying: ‘I can see her moving into hospitality more generally, and if she manages to do that, I can absolutely see her becoming a billionaire.’

The Duchess of Sussex has set out to become a billionaire, according to royal commentator Emily Andrews (Meghan is pictured onstage during Fortune Most Powerful Women Summit 2025 in Washington DC earlier this month)

While Andrews has predicted hospitality, PR experts have claimed that couture or makeup are also possibilities for Meghan. 

Rumours of a potential new venture for the Duchess spread earlier this month after she posted two clips on Instagram showing her applying lipstick – with the brand names obscured.

It’s a ‘tell-tale sign’ she may be gearing up to promote her own range, industry sources said at the time.

One told The Mail on Sunday: ‘On her Instagram reel, the make-up lined up on her dressing table was unbranded or had the brand labels obscured, which felt deliberate. 

‘That’s a tell-tale sign Meghan has something in the pipeline. The fact she didn’t want to promote or reveal any other brand is a big clue that she’s gearing up to promote her own range eventually – it is a sign for industry insiders.’

In New York just weeks ago to collect a ‘humanitarian of the year’ award with her husband, Prince Harry, the Duchess spoke about her desire to build a ‘long-lasting business empire’ after Netflix downgraded its multi-million-pound contract with the couple to a ‘first-look’ deal.

So far, As Ever has focused on elegantly packaged artisanal food products – but it is unclear how much profit the business is making because sales figures have not been released.

Days after her appearance in New York, experts suggested Meghan could be set to launch a Kardashian-style ‘mega brand’ after she was spotted with Ms Grede, who is also the driving force behind Khloe Kardashian’s successful Good American brand.

Although Meghan has secured various business deals, including with Netflix for her show (pictured), With Love, Meghan, Andrews believes a hospitality venture might land her in the billionaire club

The Duchess was photographed attending Emma’s vegan banquet, which celebrated women ‘owning their power’ and helping ‘each other get s**t done’.

As the world waits to see what Meghan’s rumoured new business venture will be, PR experts speculated that Ms Grede’s posts could be the biggest indication yet. 

Sources close to Ms Grede have ruled out an official collaboration, but PR guru Chad Teixeira believes their blossoming friendship could be a sign that Meghan is leaning on her years of expertise.

He said: ‘Meghan Markle’s appearance at Emma Grede’s Los Angeles dinner series is far too strategic to be a coincidence.

‘The timing is significant and there’s growing speculation that Meghan is preparing to launch a fashion line, and Emma Grede, who has built billion-dollar brands like Skims and Good American, is exactly the kind of collaborator who could help her do that successfully.

‘When you look at the imagery and social media content surrounding the event, it’s clearly not just a casual dinner. 

‘The visuals are polished, professional, and designed to frame Meghan and Emma as equals within the same creative space. 

‘That kind of staging doesn’t happen by accident, it’s a soft-launch strategy we often see in PR when something bigger is on the horizon.’

Experts have also speculated that using the unrivaled expertise of a woman trusted by the Kardashians would be appealing for Meghan, who has repeatedly shown her fondness for the famous family, from sending matriarch Kris Jenner an As Ever press package to later featuring the ‘momager’ on her Instagram story.

Meghan is simultaneously travelling at full steam ahead with her lifestyle brand As Ever, which launched its first Christmas range just days ago.

The Duchess took to Instagram to unveil the collection in a clip showing the mother-of-two decking the halls in an olive green dress, making desserts with her fruit preserves and glazing a turkey with one of her honeys.

Meghan’s festive range includes new products, such as two candles inspired by her wedding date and her August 4 birthday and a 2021 Vintage Napa Valley Brut, costing $89.

The Meghan Effect: How She Shook Up the Royal Family aired on Channel 5 on Saturday.