How does the prince pay? The mystery of Andrew's income
The Guardian
|October 25, 2025
It is one of the mysteries of the modern monarchy - and it's an issue under more scrutiny than ever before. How on earth does Prince Andrew fund his lifestyle?
This is a man who has lived a life of luxury for decades, been an outcast for years because of his association with Jeffrey Epstein, yet has no visible means of financial support.
Even King Charles is said to be unsure about some of the sources of his brother's income, particularly how he finds the significant sums of money needed to afford the upkeep of his home, the 30-room Royal Lodge.
The disgraced prince has been able to keep his financial affairs from the public for years through a mixture of the traditional secrecy that envelops the Windsors and the confidentiality of his dealings with wealthy, mainly foreign, people.
But the public furore over his alleged abuse of Virginia Giuffre may make it more difficult for him to justify the grandeur in which he has been living and to maintain the veil around his financial affairs.
The outrage has punctured the usually suffocating consensus within Westminster in which politicians refrain from publicly criticising the royal family. Keir Starmer has said he favoured proper scrutiny of the prince's housing arrangements at Royal Lodge, and a committee of senior MPs has now requested more details. Among those speaking out this week was Robert Jenrick, the Tory shadow justice secretary, who said: "It's about time Prince Andrew took himself off to live in private and make his own way in life. He has disgraced himself, he has embarrassed the royal family time and again. The public are sick of him."
Andrew's only current source of income is the pension he gets from his days in the navy between 1979 and 2001. This is said to amount to £20,000 a year - hardly enough to buy the lodge in Switzerland that he acquired in 2014 for a reported £18m, nor to finance the maintenance of the Royal Lodge, the Georgian mansion which sits in 40 hectares (98 acres) of secluded grounds in Windsor Great Park.
Denne historien er fra October 25, 2025-utgaven av The Guardian.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Guardian
The Guardian
BP announces its first female CEO as Auchincloss quits after just two years
BP's board has appointed its first female chief executive in a move to revive the oil company's fortunes, after ousting Murray Auchincloss less than two years into his role.
2 mins
December 19, 2025
The Guardian
Government denies trying to break jailed pro-Palestine activists
The government is “not trying to break the bodies” of Palestine Action protesters on hunger strike, a minister has insisted, after a doctor said eight of the activists are dying.
1 mins
December 19, 2025
The Guardian
England's hopes melt away in sun as Cummins glows with authority
Tourists teetering 158 behind after Australia captain leads fine bowling display by hosts
4 mins
December 19, 2025
The Guardian
EU leaders race to reach deal on funding Ukraine
European Union leaders are racing to secure a funding deal for Ukraine that has been cast as a choice between “money today or blood tomorrow”, as Belgium comes under rising pressure over its opposition to a loan secured against Russia's frozen assets.
3 mins
December 19, 2025
The Guardian
New Epstein photos show quotes from Lolita written on women
Images released before deadline for Department of Justice to publish files
3 mins
December 19, 2025
The Guardian
Rayner memoir fuels leadership speculation
Angela Rayner is writing a memoir about her rise to become deputy prime minister and her subsequent fall from grace, the Guardian can confirm, in a move that will be seen as an attempt to set the narrative before any leadership contest.
3 mins
December 19, 2025
The Guardian
Lyon’s wait for golden wickets is finally over
Going second on Australia’s all-time list, the off-spinner kept his cool on return as temperatures soared
3 mins
December 19, 2025
The Guardian
Bank of England cuts interest rates to 3.75% in boost for economy
The Bank of England has cut interest rates by a quarter point, giving a pre-Christmas boost to the struggling UK economy, but a split vote among its rate setters pointed to continued concerns about inflation.
3 mins
December 19, 2025
The Guardian
China introduces condom tax as it tries to boost birthrate
China is set to impose a value-added tax (VAT) on condoms and other contraceptives for the first time in three decades, as the country tries to boost its birthrate and modernise tax laws.
2 mins
December 19, 2025
The Guardian
Kenyan vet Munyua bites back to neuter De Decker
The Kenyan debutant David Munyua created one of the biggest shocks in the history of the PDC World Darts Championship by beating the 18th seed, Mike De Decker.
1 mins
December 19, 2025
Listen
Translate
Change font size

