Prince Andrew has won the battle against his brother, King Charles, and will continue to live in the Royal Lodge.
Since Charles became King, he has had plans to make adjustments to the monarchy, including the properties occupied by family members such as Prince Andrew.
The Duke of York, who resides in the impressive Royal Lodge estate, was asked to vacate and move to Frogmore Cottage, a more “modest” residence compared to his home of the past 19 years. However, Andrew was unwilling to comply with this “order”.
Prince Andrew to stay at Royal Lodge
Now, the Duke of York has won a victory over King Charles by being allowed to stay in the home he shares with his ex-wife Sarah Ferguson.
King Charles will not evict his brother from Royal Lodge, one of the royal family’s most important properties in the Windsor area.
According to reports from The Mirror, the King has allowed Andrew to stay at the Royal Lodge indefinitely after reaching an agreement with him.
In this agreement, the Duke of York has promised to pay for the repairs and renovations that the house needs.
Sources close to the royal family revealed to the aforementioned media that Andrew and the King met at Balmoral Castle this summer and discussed matters relating to the Royal Lodge.
It is not known if the Prince of Wales was present at this meeting, although he was seen accompanying his uncle on an outing to a church service, which caused controversy due to the alleged negative closeness for William’s image.
How much did Andrew pay to stay in the Royal Lodge?
Although one might think that the decision not to evict Andrew was due to Carlos’ good will, it was actually an economic negotiation.
Andrew has promised to cover the cost of repairs and renovations, estimated at more than $2 million.
So far, Prince Andrew has shelled out more than $24,000 to repair the roof, but the solvency of his finances is unknown after his budget allocation was withdrawn due to the sexual abuse scandal.
Prince Andrew’s Net Worth
As for Prince Andrew’s net worth, according to Celebrity Net Worth, it is estimated at $5 million.
For most of his adult life, until he was deposed from the monarchy, Andrew received an annual tax-free allowance of $322,000 from his mother, Queen Elizabeth.
In addition, Andrew has amassed a valuable real estate portfolio, including a seven-bedroom luxury lodge in Switzerland.
As a wedding gift, he received a large estate called Sunninghill House, which he put up for sale in 2002 and eventually sold for $20 million in 2007.