Prince Andrew And The Sorry State Of His Finances (11/4/25)

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Prince Andrew And The Sorry State Of His Finances (11/4/25)

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Prince Andrew’s financial troubles have become one of the most public and humiliating aspects of his downfall. Once lavishly funded by his mother, the late Queen Elizabeth II, the Duke of York reportedly saw his annual royal allowance — estimated at around £1 million — cut off after King Charles III took the throne. He also lost taxpayer-funded security and several lucrative privileges tied to his former royal duties. Without steady income or official role, Andrew has struggled to sustain his opulent lifestyle at the 30-room Royal Lodge, where upkeep alone costs hundreds of thousands of pounds annually. He was even forced to sell his £18 million Swiss chalet to pay off debts, including his multi-million-dollar settlement to Virginia Giuffre.

By 2024 and 2025, reports described Andrew as “cash-poor and asset-rich,” leaning on the goodwill of friends and former associates to stay afloat. His private investment firm was shuttered, his business ventures fizzled, and he was said to be relying on sporadic stipends from King Charles to cover basic expenses. Some media reports claim that the King is reluctantly considering a small annual payment to help Andrew relocate from Royal Lodge — a stark contrast to his previous royal privilege. What was once a life of near-unlimited luxury has become a slow-motion financial collapse, with the disgraced Duke reduced to scraping together funds while clinging to the last symbols of royal comfort.

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