When Meghan Markle marries Prince Harry on May 19, she is not only marrying into the British Royal Family, but also joining forces with a very successful business enterprise. An enterprise which Prince Philip refers to as “The Firm.”
The hardworking and popular Windsors are one of Britain’s most important economic resources. According to a recent report by Brand Finance, a business valuation consultancy firm, the Royal Family is worth more than £25.5bn in tangible assets, and £42bn for the less intangible impact of their brand on the British economy. The report assessed their contribution to the British economy in 2017 at approximately £1.8bn. These contributions include tourism, increased trade due to the work carried out by members of the royal family on international visits, and informal endorsements of British brands, such as the Duchess of Cambridge’s clothing choices for herself and her children.
Meghan Markle will of course bring her own unique brand to the team. Meghan is a successful actress, fashion icon, and humanitarian. Referring to her humanitarian work in an article that appeared in Elle magazine, she said “I've never wanted to be a lady who lunches; I've always wanted to be a woman who works. And this type of work is what feeds my soul.” She should fit right in with the hardworking royals.
To find out more about the royal finances click here for the full Brand Finance report.
To learn more about what life is like as a royal, click on the list of recommended resources below for a selection of movies, TV series, and documentaries that offer a glimpse into the lives, both public and private, of the Royal Family.
A selection of movies, TV series, and documentaries for fans of the British Royal Family.