In the world of celebrity and royalty, aspirations often soar high, and Meghan Markle is no exception.
The Duchess of Sussex reportedly has her sights set on achieving billionaire status, according to insights shared by royal expert Emily Andrews.
With an estimated joint net worth of around £60 million with Prince Harry, it’s clear that Meghan isn’t content with just a comfortable fortune.
Despite her well-publicized Netflix deal believed to be worth $100 million (£74 million), it seems this arrangement was recently downgraded to a ‘first-look’ agreement for projects.
Additionally, the couple’s earlier partnership with Spotify was short-lived.
So, what’s next for Meghan?
Many speculate that her lifestyle brand, which just introduced a Christmas collection, might be her ticket to a significantly higher financial realm, akin to that of Kim Kardashian and Jeff Bezos.
In a new Channel 5 documentary titled The Meghan Effect: How She Shook Up the Royal Family, Andrews mentioned that people close to Meghan have indicated her fierce ambition to become a billionaire.
“To reach that millionaire milestone,” she said, “Meghan needs to elevate her brand to unprecedented heights.
The jam is merely the beginning.”
Adding fuel to the fire, there are whispers about Meghan potentially launching a Kardashian-esque mega brand.
This speculation intensified recently when she was photographed enjoying a dinner with Emma Grede, the entrepreneur behind Kim Kardashian’s hugely successful Skims line.
Social media buzzed with images of Meghan as the ‘star guest’ at Grede’s Los Angeles event, leading many to believe she could be tapping into Grede’s expertise as she preps for a new venture.
PR experts are chiming in, suggesting that Meghan’s interests might extend to the hospitality industry, with Andrews noting, “I see her branching out into hospitality.
If she nails that, a billionaire status is plausible.”
Meanwhile, some experts hypothesize that couture or cosmetics could also be on the horizon for Meghan.
Just recently, Meghan posted clips on Instagram showing her applying lipstick, intriguingly obscuring the brand names.
This prompted insiders to speculate that she might be ready to unveil her beauty line.
One observer noted that the unbranded makeup was a significant clue that Meghan might be prepping to launch her own range, suggesting that her branding strategy is already in motion.
While in New York a few weeks ago to accept a ‘Humanitarian of the Year’ award with Prince Harry, Meghan expressed her ambition to develop a ‘long-lasting business empire’.
This comes on the heels of her Netflix deal being scaled back, leading many to wonder about her next steps.
Currently, her brand As Ever focuses on artisanal food products, but details on profit margins remain elusive as sales figures have yet to be disclosed.
Days following her New York appearance, the buzz about a Kardashian-style mega brand gained momentum, especially after her notable encounter with Grede, who also drives the success of Khloe Kardashian’s Good American.
Meghan was seen at Emma’s vegan gathering, celebrating female empowerment and collaboration.
The timing of these events has led many to watch for what might come next for the Duchess as she possibly gears up for a major business endeavor.
Insiders speculate that Meghan’s association with Grede could yield fruitful opportunities.
Public relations expert Chad Teixeira highlighted the strategic nature of Meghan’s appearance at the dinner, indicating that it was too calculated to be mere coincidence.
The polished social media presentation seemed to indicate that Meghan and Grede might be positioning themselves within the same creative sphere.
As Meghan continues her pursuit of business success with her lifestyle brand, she recently launched a new Christmas product line.
She shared snippets on Instagram, showcasing her holiday preparations while donning an olive green dress.
This line features intriguing new items, such as candles inspired by her wedding date and her August birthday, alongside a 2021 Vintage Napa Valley Brut priced at $89.
As the Duchess charts her path ahead, all eyes are on her next move and how these intricate plans unfold.
The viewers of Channel 5’s documentary were left thinking: what could possibly be next for Meghan Markle?