Home / FEATURES & SCANDALS / Prince Andrew

New Book Claims Prince Andrew Maintains His Lavish Lifestyle Through ‘Under-the-Radar’ Activities

Though the Duke has rarely traveled abroad since the Epstein scandal, a book claims he continued to fund his lifestyle through discreet businesses.

Prince Andrew attends the Thanksgiving Service for King Constantine of the Hellenes in 2024. (Cover Image Source: Getty Images | Chris Jackson)
Prince Andrew attends the Thanksgiving Service for King Constantine of the Hellenes in 2024. (Cover Image Source: Getty Images | Chris Jackson)

Trigger warning: This article contains themes of sexual abuse and suicide that some readers may find distressing

After Prince Andrew’s friendship with disgraced financier Jeffrey Epstein was exposed in 2019, public backlash was swift, forcing the Duke of York to step back from royal duties. His connection to Epstein first garnered attention when Virginia Giuffre alleged that she had been trafficked by the financier to engage in an illicit relationship with Andrew while underage. Though the Duke has rarely traveled abroad since the wake of the scandal, a new book claims Andrew continued to fund his lavish lifestyle through discreet 'under-the-radar' activities.

Prince Andrew on day 3 of the Royal Windsor Horse Show in 2017. (Image Source: Getty Images| Max Mumby/Indigo)
Prince Andrew on day 3 of the Royal Windsor Horse Show in 2017. (Image Source: Getty Images| Max Mumby/Indigo)

Andrew Lownie's bombshell book, Entitled: The Rise and Fall of the House of York, is an investigative biography of Andrew and his ex-wife, Sarah Ferguson. In an excerpt serialized by the Daily Mail, Lownie alleged that the Prince made millions of pounds despite having "no obvious sources of income" after being cut off by the royal family. The author shared that Andrew had received a $317,000 allowance from the late Queen Elizabeth, who had approved the arrangement, and that he was permitted to claim additional expenses. Although government officials had assured the public that he would be "kept on a tight rein," Lownie claimed the Prince "whenever possible... used his official role to indulge other activities."

Queen Elizabeth and Prince Andrew attend Royal Ascot 2017 at Ascot Racecourse.
Queen Elizabeth and Prince Andrew attend Royal Ascot 2017 at Ascot Racecourse. (Image Source: Getty Images| Chris Jackson)

The author explained that the Duke allegedly played a key role in securing millions, possibly even billions of pounds in business for British companies over the years. At the same time, Andrew was reportedly also "conducting business of his own," including the sale of his Sunninghill Park estate, a wedding gift from Queen Elizabeth, to Kazakh oil and gas tycoon Timur Kulibayev. The two allegedly formed a connection during official visits to Kazakhstan, growing close over shared interests, such as grouse shooting.

The author further claimed that Andrew acted "as a fixer for a foreign consortium that wanted to build water and sewage networks in Kazakhstan," raking in nearly $5.1 million in commission. Chiming in on the same, a Buckingham Palace insider cautioned, "There are dozens, if not hundreds, more unwise connections to uncover from Andrew's years in the role." As of now, the Duke’s only official sources of income are his Royal Navy pension and any financial support from his brother or funds inherited from the late Queen.

(Prince Andrew leaves the headquarters of Crossrail on March 7, 2011, in London. Image Source: Getty Images| Dan Kitwood)
Prince Andrew leaves the headquarters of Crossrail on March 7, 2011. (Image Source: Getty Images| Dan Kitwood)

As reported by CNBC, after Andrew became embroiled in sexual misconduct allegations, the late Queen stripped him of his royal patronages in 2022. Buckingham Palace also made it clear that he would continue to address legal claims as a private citizen. That same year, Andrew reached an out-of-court settlement with Giuffre for an undisclosed amount. Tragically, in April, Giuffre died by suicide, reportedly due to the enduring trauma of her past.

If you are being subjected to sexual assault, or know of anyone who is, please call the National Sexual Assault Hotline at 800.656.HOPE (4673)

If you are having thoughts about taking your own life, or know of anyone who is, please contact The National Suicide Prevention Lifeline at 1-800-SUICIDE (784-2433)

GET BREAKING ROYAL NEWS
STRAIGHT TO YOUR INBOX.

More Stories

A barrister-businesswoman has explained that Andrew had her sympathies over being 'hounded unfairly', which is why she extended him refuge.
By Abha Anindita · 1 DAY AGO
When Andrew's trade exit was confirmed, Epstein allegedly sent an email pointing the finger directly at Charles.
By Sakshi Singh · 1 DAY AGO
By supporting the authorities, the Palace made it clear they will no longer provide a safety net to shield him against the law.
By Sakshi Singh · 1 DAY AGO
The masseuse, who was arranged by Ghislaine Maxwell, claimed she averted her eyes after Andrew made her uncomfortable.
By Andrea Cutinho · 1 DAY AGO
Former duchess was lobbying studios to adapt her romance novel before DOJ file release
By Abha Anindita · 2 DAYS AGO
Correspondence dates back to his 2009 sentence for offences involving a minor.
By Abha Anindita · 2 DAYS AGO
Sources have described the relationship as 'personal,' not just philanthropic.
By Abha Anindita · 2 DAYS AGO
Ministers support transparency push but warn some documents may be withheld during inquiry.
By Abha Anindita · 2 DAYS AGO
The opposition party, the Liberal Democrats, formally tabled a motion in Parliament calling for a release of the documents.
By Andrea Cutinho · 2 DAYS AGO
Insiders have told royal expert Rob Shuter that the alleged inspection was handled by the book without making a big scene.
By Sakshi Singh · 2 DAYS AGO