Prince Andrew’s hidden wealth is once again drawing scrutiny as new revelations expose how the disgraced royal continues to live a life of privilege and lavish luxury, despite losing his royal duties, honors, and reputation.
The 65-year-old former Duke of York stepped down from public life in 2019 following his disastrous BBC “Newsnight” interview.
During the trainwreck interview, he attempted to explain away his close friendship with convicted sex offender Jeffrey Epstein.
Earlier this month, Andrew announced he would relinquish his Duke of York title after renewed outrage over his Epstein ties.
He was forced to voluntarily give up the titles as his brother, King Charles III, was reportedly preparing to strip them from him over his mounting scandals.
Yet, despite being stripped of royal roles and funding, the British public is demanding to know how Prince Andrew still affords his multimillion-dollar lifestyle.
“Apparently, many businesses connected to Andrew and [his ex-wife] Sarah have been profiled and promoted at Royal Lodge over the years,” royal expert Ian Pelham Turner said in a statement..
“… But where does his money come from?
“That is the million-dollar question.”
“There are very wealthy individuals who support Andrew, especially where millions, to them, are like pocket change,” Turner claimed.
“At the moment, Andrew still has the keys to his Royal Lodge mansion.
“He is able, within his extensive grounds, to carry out any project he wishes.”
“The Public Is Furious”
Andrew continues to live at the sprawling Royal Lodge, a 30-room mansion worth nearly $38 million, despite pressure from Buckingham Palace for him to move out.
“The public is furious that Prince Andrew is still living in luxury,” broadcaster Helena Chard said.
“They want answers about his finances.
“People feel the king’s intervention is too little, too late.
“The public wants an understanding of where Andrew is getting suitable money to live his lavish life.
“They hope he will, again, fall on his sword and relinquish everything.”
Andrew’s only declared income is a £20,000 ($26,640) annual pension from his service in the Royal Navy between 1979 and 2001, which is far too little to support his opulent lifestyle.
“The king used to give him an allowance of a reported £1 million a year ($1.33M) and pay for his security, but this ended last year,” royal commentator Richard Fitzwilliams said in a statement.
“Sarah Ferguson sold her house in Belgravia for a reported £3.85 million ($5.13 million) in August.
“She is not in debt. He may also have money from sources abroad we are unaware of.”
“He appears to have accepted the need to move from Royal Lodge, and that will involve a financial settlement,” Fitzwilliams added.
“He has a watertight lease, but the optics of him living there are no longer acceptable.”
Foreign Connections and Shady Deals
For years, Andrew’s dealings with wealthy foreign elites have shielded his financial arrangements from public view.
According to The Guardian, he has maintained “relationships with wealthy, mainly foreign, people,” enabling him to keep his finances opaque.
Those ties have raised serious questions.
In 2007, Andrew sold his Sunninghill Park home for 20% over the asking price to Timur Kulibayev, the son-in-law of Kazakhstan’s then-president.
The deal was widely seen as an attempt to buy influence in Britain.
While serving as the UK’s trade representative in the early 2000s, Andrew was accused of leveraging his position to cultivate personal relationships with oligarchs and businessmen.
“Unfortunately, it was at this time that greed took precedence,” Chard said.
“It opened up many dodgy doors for him.
“He was the subject of a series of controversies over his links with unsavory businessmen.”
In 2011, he faced further scrutiny over ties to Saif Gaddafi, son of the late Libyan dictator Muammar Gaddafi, and a convicted Libyan gun smuggler, according to the Associated Press.
Epstein Links and Chinese Espionage Concerns
Leaked 2011 emails obtained by British newspapers in 2025 reportedly showed Andrew telling Jeffrey Epstein they were “in this together” and needed to “have to rise above it.”
It was months after Andrew publicly claimed to have severed contact with the disgraced financier after Epstein was jailed for child sex crimes.
And this year, his name re-emerged in connection with a Chinese businessman, Tengbo Yang, later identified by UK officials as a suspected spy.
In a 10-page witness statement released by the Special Immigration Appeals Commission, Andrew’s aide Dominic Hampshire revealed how the royal’s fall from grace forced internal discussions about his exile from royal duties.
“After the ‘Newsnight’ interview and in the following few months, it was clear that the duke’s reputation was irrecoverable,” Hampshire said.
“It was very clear internally within the royal household that we would have to look at options for the duke’s future away from royal duties.”
UK authorities barred Yang from entering the country in 2023 on national security grounds, a decision later upheld by the commission in December 2024.
Andrew has said he cut all contact with Yang immediately after being warned by the government.
The Question No One Can Answer
Even after losing his royal stipend, Andrew’s wealth appears undiminished.
Public records indicate that between 1978 and 2010, he received £249,000 ($331,000) annually as a working royal, totaling about £13 million ($17.3 million) over four decades.
After stepping down, the late Queen Elizabeth II reportedly continued supporting him from her private fortune.
That arrangement appears to have ended under King Charles III, though reports suggest the monarch may have quietly paid Andrew’s rent through inherited funds.
“The [late] Queen wouldn’t have left Andrew bereft,” Ingrid Seward, editor-in-chief of Majesty magazine, told the Mail on Sunday.
“She would’ve made a provision for him, and maybe that provision came through his elder brother as monarch.
“When the king dies or the queen dies, the money goes to the next monarch.
“Everything goes to the next monarch.
“So, she either would have made provisions for Andrew before she died, or she would’ve made provisions through Charles.”
Chard believes Andrew was likely left money by both his mother and grandmother.
“He will also have made investments in his younger days and later life,” she said.
A Royal Problem That Won’t Go Away
Officially stripping Andrew of his royal titles would require an Act of Parliament, meaning that while he will no longer be referred to as the Duke of York, he remains a prince by birthright.
Yet public outrage over his continued luxury lifestyle shows no signs of fading.
Both Buckingham Palace and the British government are under growing pressure to act.
Andrew’s decades-long pattern of foreign dealings, secretive finances, and deep ties to powerful figures, including Jeffrey Epstein, continues to erode what remains of the monarchy’s reputation.
“The public is angry,” Chard said bluntly.
“They want transparency, and they’re not getting it.”
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