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The royally pricey engagement portraits

For the couple’s official engagement portraits, Meghan Markle donned a sheer couture gown by Brit label Ralph & Russo. The dress graced the headlines after it was revealed that the hot-off-the-runway look set the actress back a cool £56,000. [Photo: Getty]

Who foots the bill for Meghan Markle's royal wardrobe?

The ‘Meghan Markle Effect‘ is in overdrive, as fashion followers track her every sartorial move in a bid to imitate the 36-year-old’s newfound royal style.

With a penchant for dressing gown-esque coats and miniature handbags, the former actress is fast in the running to becoming the nation’s go-to muse.

Whether it’s a Sentaler number or one of Chloé’s most coveted arm candies, there isn’t a garment or accessory the royal-in-waiting can’t send flying from the shelves.

But who pays for her new Buckingham Palace-approved wardrobe?

According to reports, the 36-year-old and Prince Harry have paid for every single one of her highly-coveted outfits, as members of the royal family are not permitted to accept free clothes from brands.

Instead, assistants such as the Duchess of Cambridge‘s right-hand woman, Natasha Archer, call in several outfit options from major labels before returning the ones that didn’t make the cut and paying for the final choice.

Towards the end of her seven-year stint on American hit show ‘Suits’, Markle was reportedly earning over £35,000 per episode with an estimated annual salary of £322,000.

While Prince Harry’s net worth reportedly stands at over £17 million.

The upcoming royal wedding has of course ramped up interest in Markle’s wardrobe but after the nuptials, the 36-year-old’s clothing expenses will be handled by Prince Charles.

The 69-year-old receives an income of approximately £20 million from stately home, the Duchy of Cornwall, which he splits with Prince William, Prince Harry and the Duchess of Cambridge.

But Markle’s sartorial status is only going to amplify following the royal nuptials, as her wardrobe has the power to pull in £500 million a year according to Brand Finance.

So which of her globally-documented outfits has set the couple back the most so far?

Take a look back at the 36-year-old’s most coveted looks to date.

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Read more from Yahoo Style UK:

Everything we know about the royal wedding so far

Meghan Markle style file: Inside the wardrobe of the royal-to-be

The ‘Meghan Markle Effect’ is already in full swing and worth a cool £500 million