Meghan Markle and Prince Harry's Spotify deal is their latest step to becoming a billion-dollar brand. Here's how they've been building a business empire in a post-royal life.

Meghan Markle and Prince Harry have been busy building their independent wealth in 2020.Max Mumby/Indigo/Getty Images

• Meghan Markle and Prince Harry have been busy building a business empire in their post-royal life.
• In the past four months, they've signed multiyear deals with Spotify and Netflix, and Meghan recently invested in an oat milk latte startup.
• It's all put the couple, which has an estimated $30 million net worth, in position to build a billion-dollar brand.

The year 2020 has been prolific for Meghan Markle and Prince Harry.

After stepping down as working royals royals in April, the couple became financially independent, no longer drawing on money from the "sovereign grant" that funds the royal family. Eight months later, their strategy to build wealth that's independent from the royal family is becoming clearer as they've already lined up several media and retail deals to fund their lavish lifestyle.

First came a Netflix deal in September, followed by two deals in December: an investment in instant oat milk latte startup Clevr Blends and a multiyear podcast deal with Spotify. The moves signal a turn for the couple as content creators, with a dash of venture capitalist investment.

A representative for the couple did not respond to a request for comment.

Meghan and Harry already have an estimated net worth of $30 million - none of which belongs to the crown. Even prior to these deals, experts suggested that the couple could easily leverage their celebrity into a billion-dollar brand with potential opportunities like book deals, speaking-engagement opportunities, and branded merchandise. And to be sure, this same popularity and celebrity were likely major factors in them landing deals with Spotify and Netflix.

Here's a closer look at Meghan and Harry's moves to build their wealth in a post-royal life.