Prince Andrew’s financial sources remain unclear as he faces scrutiny over his connections and recent controversies
London: So, there’s been some buzz about Prince Andrew and where he’s getting his cash these days. It turns out he’s been linked to a guy who’s accused of being a Chinese spy, which isn’t great for his image.
This guy, who goes by H6, was close to Andrew and just lost an appeal to enter the UK because of national security concerns. Judges said he could have been trying to connect big UK names with Chinese officials for some shady political stuff.
With all the drama from the Epstein case still hanging over him, it’s no wonder people are asking how Andrew is still living large. Yahoo News UK is digging into that question.
Now, about his finances—nobody really knows how much he’s worth. Andrew Lownie, who’s writing a biography about him, says royal finances are super secretive. We can’t see their wills or tax returns, so it’s tough to figure out what’s what.
When Andrew was a working royal, he raked in about £13 million. But lately, it seems like King Charles is cutting him off. He’s already lost his security team and his annual £1 million allowance. Apparently, he didn’t want to move out of his big mansion, Royal Lodge, into a smaller place.
As for how he’s paying for Royal Lodge now, reports say he’s found some legitimate sources, but no one knows exactly what they are. Some think it might be from his old international trade connections, since he was a special representative for that for a decade.
He’s been in the business game for a while, especially in places like Central Asia and the Middle East. Plus, he’s got some trust funds from the family, so he’s not exactly broke.
Last year, he had to cough up £12 million to settle a civil case with Virginia Giuffre, who accused him of sexual assault. He’s denied all that, but it raises questions about how he managed to pay it. He sold a couple of properties, but there are whispers that the Queen might have helped him out, though we can’t be sure.
And speaking of the Queen, when she passed, King Charles inherited her massive estate, leaving Andrew feeling pretty lost and upset that he didn’t get a piece of that pie.