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Prince Harry has stepped down from one of the most lucrative positions in American business. The Duke of Sussex is no longer serving as chief impact officer at BetterUp, a technology company specializing in mental wellness and online coaching. His new title is senior adviser.

The change comes months after Harry, Meghan Markle and their children returned to the UK. According to the Daily Mail, the prince previously earned around $1 million a year in the role. He joined the company in 2021, shortly after he and his wife stepped back from their duties as senior members of the British royal family and moved to the United States.

His new position is expected to involve less day-to-day involvement in the company's operations. It is not yet known how much the Duke will earn under the revised arrangement.

BetterUp CEO and Harry's friend, Alexi Robichaux, announced the change, thanking the prince for five years of collaboration. However, he made no mention of Harry's return to Britain.

“In his new role, he will focus on key initiatives with some of our largest enterprise clients, working alongside our team and leaders at partner organizations,” Robichaux said.

He added that the new arrangement would give Harry more time to develop his investment portfolio, explore new business opportunities and support charitable causes close to his heart.

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