By Léa Mabilon
Published
3 hours ago,
updated at 5:39 p.m.
King Charles III has scrapped Prince Andrew's €1.2 million annual allowance, prompting him to consider leaving his Royal Lodge residence.
King Charles III made the momentous decision. In the book by biographer Robert Hardman, Charles III : New King. New Court. The Inside Storyto which the Daily Mail had access, the latter claims that the monarch would have cut off the funds of his brother, Prince Andrew, by eliminating his annual allowance estimated at 1.2 million euros. According to his information, this grant allowed Queen Elizabeth II's little favorite to cover the costs of his lifestyle and his residence at the Royal Lodge in Windsor.
Since being sidelined from official duties in 2019 due to controversies related to his relationship with Jeffrey Epstein and accusations of sexual assault against Virginia Roberts Giuffre, Prince Andrew has depended on this allowance to maintain his status. Now that the cords are cut, he could be forced to leave his home, due to the significant maintenance and security costs associated with it. Moreover, a source told the tabloid that the sovereign would also have asked the financial director of the Crown to stop these latest costs, representing a colossal amount. “The duke is no longer a financial burden on the king,” she told the media.
A life lesson?
With this constraint, Charles III would encourage his brother to reduce his expenses, the latter even considering a move to Frogmore Cottage, a more modest residence formerly occupied by Prince Harry and Meghan Markle. This decision, in line with Charles's desire to modernize the monarchy, marks a new stage in the redefinition of the privileges and allowances granted to members of the royal family who no longer assume public functions.