The source of Prince Andrew's wealth remains a mystery despite his decades of luxury living and lack of visible income, raising questions as he faces renewed scrutiny.
The Duke of York's only declared income is a £20,000-a-year navy pension, yet he maintains the 30-room Royal Lodge and reportedly owns a Swiss chalet worth £18m. He acquired the Royal Lodge lease for £1m and spent £7.5m on renovations, paying no rent but required to keep the property in good condition.
Until 2019, he received public funds for royal duties, including £249,000 in 2010. The late Queen and King Charles reportedly gave him a £1m annual allowance from private wealth, but Charles stopped payments last year. Andrew also faces £3m-a-year police security costs after Charles ended funding.
Politicians have called for transparency, with Tory shadow justice secretary Robert Jenrick saying, "It's about time Prince Andrew took himself off to live in private... The public are sick of him." Keir Starmer has also backed proper scrutiny of his housing arrangements.
