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Meghan Markle ‘convinced’ new business ventures will make her a billionaire: report

Her new lifestyle venture has had a somewhat rocky start – but sources close to Meghan have reportedly claimed she’s convinced it will be a massive success.

Meghan, Duchess of Sussex ‘launched online store under new initials’

Meghan Markle is reportedly hoping to join the coveted billionaire’s club.

The Duchess of Sussex, 43, has rolled out a series of new businesses in recent weeks, from her new Netflix show and lifestyle brand to a shiny new podcast and digital storefront, reports the New York Post.

As her new business ventures begin to take shape, it appears as though the Suits alum is “convinced” that her net worth will grow accordingly, reported UK newspaper The Telegraph.

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A well-placed source told the outlet that the former working royal “thinks she’s going to be a billionaire” — and that the team she’s assembled will no doubt help her get there.

The Post has reached out to Meghan’s reps for comment.

On Tuesday, the mum of two promised to dive into some major “girl talk” as she dropped the trailer for her new podcast Confessions of a Female Founder.

In the preview clip, Meghan said her podcast will advise listeners on how to turn “small ideas into billion-dollar businesses” with the help of some girl boss guests.

Meghan’s former podcast had just one season.
Meghan’s former podcast had just one season.

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The former actor unveiled her rebranded podcast to the world earlier this month after inking a deal with Lemonada Media in February 2024.

She was forced to seek out other avenues after Spotify decided not to renew the steep $32 million contract for a second season of her now-defunct podcast Archetypes.

Her podcast announcement followed hot on the heels of her digital storefront release, for which she has already been accused of “monetising the monarchy”.

Meghan created a ShopMy page that allows her to earn commission on affiliate links she posts, and she has already featured mostly designer pieces, including pricey linen shirts, sweaters, sunglasses and handbags.

While prices vary, the vast majority of the listed items boast eye-popping price tags.

These include a $2249 beige Loro Piana cashmere crew neck, a $2146 Heidi Merrick dress, Brochu Walker pants priced at $617 and a gold Maya Brenner Happiness Retreat citrine stone necklace, made in collaboration with Meghan’s Suits co-star Abigail Spencer, for $795 a pop.

The duchess is also gearing up to launch her lifestyle brand, As Ever, which she unveiled to the world last month.

As Ever will launch soon.
As Ever will launch soon.

The company, which is selling products like Meghan’s signature raspberry jam, used to be called American Riviera Orchard, but she changed the name after facing a slew of trademark issues.

Still, there’s been no information about the brand’s release date so far.

Some of As Ever’s products were featured on Meghan’s Netflix show, titled With Love, Meghan, which premiered earlier this month as part of the Sussexes’ $159 million deal with the streamer.

The eight-part series, which featured special guests like Spencer and Mindy Kaling, saw Meghan offer up a “how-to” guide for hosting friends at home.

The show has been bashed by critics and earned lower viewership numbers than her and her husband’s 2022 series Harry & Meghan.

Still, it appears as though Netflix was pleased with Meghan’s cooking show, as they greenlit the series for Season two — and already filmed the episodes.

This article originally appeared in the New York Post and was reproduced with permission.

Originally published as Meghan Markle ‘convinced’ new business ventures will make her a billionaire: report

Read related topics:Meghan Markle

Original URL: https://www.couriermail.com.au/entertainment/celebrity-life/royals/meghan-markle-convinced-new-business-ventures-will-make-her-a-billionaire-report/news-story/b033dab1e6e3faf6ec86c89adc3dd1b3