King Charles III has officially cut off his brother Prince Andrew’s annual allowance. It was estimated at 1.2 million euros per year.
A disgrace. King Charles III has officially scrapped his brother Prince Andrew’s annual allowance, estimated at €1.2 million per year.
In an updated version of the book, “Charles III: New King. New Court. The Inside Story” recounting the life of the king and published in an extract by the Daily Mail, author Robert Hardman claims that relations between the king and his younger brother reached an all-time low. This is due to the tightening of the royal purse strings by King Charles.
“The Duke is no longer a financial burden to the King”
According to Robert Hardman’s book, Charles asked the “Keeper of the Privy Purse”, i.e. the financial director of the monarchy, to remove Prince Andrew’s personal allowance, estimated at £1 million. per year, or around 1.2 million euros.
He also asked her to stop paying for her private security, which reportedly amounts to a seven-figure sum. “The Duke is no longer a financial burden on the King,” a source told the Daily Mail.
The financial tightening followed Charles III’s insistence that Andrew vacate the sprawling 30-room mansion, known as the Royal Lodge, in Windsor.
Andrew has so far balked, refusing to leave and move into Prince Harry and Meghan Markle’s former British residence, Frogmore Cottage.
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