King Charles Has Financially Cut Off Prince Andrew—and It’s in the Millions

King Charles, Prince Andrew

Photo: Getty

King Charles has reportedly severed financial ties with his younger brother, Prince Andrew. In an updated version of the book Charles III: New King. New Court. The Inside Story, author Robert Hardman claims that the King instructed the Keeper of the Privy Purse to remove the Duke of York’s £1 million annual allowance and to stop paying for his private security, per an excerpt published by The Daily Mail.

A source added that Andrew is “no longer a financial burden on the King.”

Prince Andrew, King Charles

Getty

Hardman writes that the prince must now pay for the protection of historical art and furniture from the Royal Collection and several antiques he owns after he reportedly did not accept a proposal from the King to relocate from the Royal Lodge in Windsor to the “considerably smaller property” of Frogmore Cottage (the residence is now vacant after Prince Harry and his wife, Meghan Markle, were asked to move out in 2023).

“The Duke had certainly been faring better than expected since his brother succeeded to the throne,” Hardman wrote in his book. “He continued to enjoy access to Windsor facilities and a living allowance which, according to a well-sourced newspaper article, amounted to £1 million annually.”

He continued, “The cost of the private security contract to guard the property, which sits outside that Windsor cordon, was running at what one insider called ‘a substantial seven-figure sum annually.’ In August it was widely reported (and not disputed) that the King was no longer prepared to renew that contract beyond the autumn of 2024.”

King Charles, Queen Elizabeth, Prince Andrew

Getty

Hardman added that if the Duke of York continued to reside at the Royal Lodge and rejected Charles’s offer to move to Frogmore Cottage, he was told that his brother “would feel no obligation to continue paying even his day-to-day living allowance.”

“In the late summer of this year, that patience ran out,” Hardman wrote. “The Duke informed the monarch that, regardless of any ultimatum, he was going to stay put at Royal Lodge anyway. At which point, the Keeper of the Privy Purse (the monarchy’s finance director) was instructed to sever his living allowance.”

Prince Andrew initially lost his publicly-funded police protection in 2022 after stepping away from royal duties. The move was prompted by a disastrous interview about his relationship with Jeffrey Epstein, which aired three years prior. At the time, the late Queen Elizabeth also stripped her son of his military titles and patronages.

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