As someone who has spent decades following the royal family, I must say that the latest developments concerning Prince Andrew have been quite intriguing. It seems the Duke is standing his ground, living it up at the Royal Lodge, thanks to some funds he’s managed to secure from a legitimate source.
Prince Andrew currently maintains personal finances that enable him to reside at Royal Lodge, as King Charles III has decided to cease his annual allowance worth approximately $1.3 million and reduce costs associated with the Duke of York’s security. This decision follows an order for Andrew to relocate from the palace, according to online reports circulating recently. The Keeper of the Privy Purse was instructed to implement these changes.
Based on recent news reports, an insider close to the royal family has verified that the funds supporting the prince’s stay at the lodge are derived from a lawful source. As per The Sunday Times, Prince Andrew, Queen Elizabeth’s youngest son, is currently residing in a 31-bedroom estate with his wife, Sarah Ferguson.
Subsequently, information emerged about the situation after King’s choice to sever his son Prince Andrew’s financial connections. This matter is further discussed in the book titled “Charles III: New King. New Court. The Inside Story,” written by Robert Hardman.
In his book, Hardman disclosed that the Duke of York expressed opposition to moving to Frogmore Cottage, the residence once inhabited by Prince Harry and Meghan Markle.
In addition, an article published in The Times reported that Andrew resided in the royal lodge at Windsor since 2003 and is said to have invested close to $9 million for the maintenance of the estate.
According to what Hardman’s book states, “The Duke communicated to the king that regardless of any ultimatum, he intended to remain at Royal Lodge. Following this, the Keeper of the Privy Purse, who serves as the monarchy’s financial director, was ordered to cut off his living allowance.
Based on media reports, it appears that King Charles has been spending approximately $4 million yearly towards Prince Andrew’s security costs.
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2024-11-09 23:23