{"id":139122,"date":"2026-02-19T19:57:36","date_gmt":"2026-02-19T19:57:36","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/139122\/"},"modified":"2026-02-19T19:57:36","modified_gmt":"2026-02-19T19:57:36","slug":"did-prince-andrew-inherit-money-from-queen-elizabeth-ii","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/139122\/","title":{"rendered":"Did Prince Andrew Inherit Money From Queen Elizabeth II?"},"content":{"rendered":"<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tThe finances of Andrew Mountbatten-Windsor, formerly known as <a href=\"https:\/\/www.sheknows.com\/tags\/prince-andrew\/\" id=\"auto-tag_prince-andrew\" data-tag=\"prince-andrew\" rel=\"nofollow noopener\" target=\"_blank\">Prince Andrew<\/a>, are increasingly a subject of public concern amid backlash over his <a href=\"https:\/\/www.sheknows.com\/entertainment\/articles\/1234933780\/prince-andrew-jeffrey-epstein-email-revealed\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ties to convicted sex offender Jeffrey Epstein<\/a>. Though Andrew hasn\u2019t received public funding since stepping down as a working royal in 2019, private funds appear to have kept the disgraced royal afloat, leading to questions about what Andrew may have inherited from his late mother, <a href=\"https:\/\/www.sheknows.com\/tags\/queen-elizabeth-ii\/\" id=\"auto-tag_queen-elizabeth-ii\" data-tag=\"queen-elizabeth-ii\" rel=\"nofollow noopener\" target=\"_blank\">Queen Elizabeth II<\/a>. <\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tBefore his arrest on February 19 after accusations that he shared confidential information with Epstein while serving as a British trade envoy, Andrew\u2019s luxurious lifestyle hadn\u2019t appeared to slow down despite having no obvious source of income. So, did Andrew inherit money from Queen Elizabeth after she <a href=\"https:\/\/www.sheknows.com\/entertainment\/slideshow\/2625499\/queen-elizabeth-ii-royal-funeral-moving-photos\/\" rel=\"nofollow noopener\" target=\"_blank\">died in September 2022<\/a>?<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tReportedly, the Queen\u2019s fortune was primarily passed to King Charles III, who was heir to the throne. This included the Queen\u2019s private estate, the Duchy of Lancaster. In March 2023, it was estimated to be worth over $856 million, according to <a href=\"https:\/\/www.the-independent.com\/life-style\/royal-family\/royal-family-inheritance-wealth-tax-b2300263.html\" rel=\"nofollow noopener\" target=\"_blank\">The Independent<\/a>. Passing on the funds from monarch to monarch means that there is no inheritance tax to be paid, per a 1993 deal negotiated with the U.K. government.<\/p>\n<p>\t\t\t<a tabindex=\"0\" href=\"https:\/\/www.sheknows.com\/entertainment\/articles\/1234935911\/prince-william-punished-prince-andrew\/\" class=\"lrv-u-flex@tablet\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.sheknows.com\/wp-content\/themes\/vip\/pmc-sheknows-2020\/assets\/public\/lazyload-fallback.gif\" data-lazy-src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/02\/prince-william.jpg\" alt=\"Prince William, Prince of Wales and King Charles III speak with each other as they attend the Countdown to COP30 at the Natural History Museum on October 09, 2025 in London, England. The event, hosted by the Natural History Museum and the UK Government, brings together climate ambassadors from across the world ahead of the COP30 summit in Belem in November. (Photo by Chris Jackson\/Getty Images)\" data-lazy- data-lazy- height=\"\" width=\"\"\/><\/p>\n<p>\tRelated story<\/p>\n<p>\t\t\t\t\tPrince William Secretly Engineered Prince Andrew\u2019s Fall From Grace, Insiders Claim\t\t<\/p>\n<p>\t\t<\/a><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tPrincess Anne, Prince Edward, and Andrew Mountbatten Windsor reportedly shared \u201csome resentment\u201d that they inherited nothing from their mother. But Anne and Edward were senior members of the <a href=\"https:\/\/www.sheknows.com\/tags\/royal-family\/\" id=\"auto-tag_royal-family\" data-tag=\"royal-family\" rel=\"nofollow noopener\" target=\"_blank\">royal family<\/a> and still received payments from the Sovereign Grant. And what about Andrew? Well, he had run out of luck, and he was in \u201cdespair\u201d over the situation because he was sidelined by his mother after his <a href=\"https:\/\/www.sheknows.com\/entertainment\/articles\/2995438\/prince-andrew-2019-bbc-interview-netflix-scoop\/\" rel=\"nofollow noopener\" target=\"_blank\">disastrous 2019 interview<\/a> with BBC\u2019s Newsnight.<\/p>\n<p>\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" class=\"c-lazy-image__img lrv-u-background-color-grey-lightest lrv-u-width-100p lrv-u-display-block lrv-u-height-auto\" src=\"https:\/\/www.sheknows.com\/wp-content\/themes\/vip\/pmc-sheknows-2020\/assets\/public\/lazyload-fallback.gif\" data-lazy-src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/02\/GettyImages-109822507.jpg\" alt=\"Andrew Mountbatten Windsor\" data-lazy- data-lazy- height=\"1024\" width=\"739\"\/><\/p>\n<p>\t\t\t\t\tAndrew Mountbatten Windsor.<\/p>\n<p>\t\t\t\t\t\t\t\t\tDan Kitwood\/Getty Images.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tRELATED: <a href=\"https:\/\/www.sheknows.com\/entertainment\/articles\/1234958276\/prince-andrew-kate-middleton-feud\/#\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ex-Prince Andrew Has Reportedly \u2018Turned His Wrath\u2019 on \u2018Perfect Villain\u2019 Kate Middleton<\/a><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tStill, Andrew\u2019s association with Jeffrey haunted him for the second half of his royal life, and it cost him everything. By October 2025, he was stripped of his titles and his beloved Royal Lodge, banished to Sandringham Estate in a private home. Don\u2019t misinterpret the situation, though \u2014 Andrew is <a href=\"https:\/\/www.sheknows.com\/entertainment\/articles\/1234939878\/is-king-charles-paying-prince-andrew\/\" rel=\"nofollow noopener\" target=\"_blank\">going to be just fine<\/a> after negotiating \u201cmillions\u201d from his brother, per <a href=\"https:\/\/www.thedailybeast.com\/how-prince-william-secretly-plotted-to-finally-destroy-his-uncle\/\" rel=\"nofollow noopener\" target=\"_blank\">The Daily Beast.<\/a><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cAndrew made it clear that he needed to be financially recompensed for surrendering the remaining 50 years of his lease on one of England\u2019s finest homes,\u201d a royal insider told <a href=\"https:\/\/theroyalist.substack.com\/p\/the-grand-old-duke-of-york-is-marching\" rel=\"nofollow noopener\" target=\"_blank\">The Royalist <\/a>Substack. \u201cThe lease was his daughter\u2019s inheritance and an asset, and in this country, you can\u2019t seize people\u2019s assets. Charles was always going to have to pay him off, and he has done what he should have done in the first place.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t<a href=\"https:\/\/www.theguardian.com\/news\/ng-interactive\/2025\/oct\/25\/how-does-he-pay-for-it-all-the-mystery-of-prince-andrews-money\" rel=\"nofollow noopener\" target=\"_blank\">The Guardian shared<\/a> that Andrew\u2019s only notable source of income right now is his pension from his days in the navy, worth around $26,000 per year. Moving forward, he is allowed to earn income privately, but it\u2019s unclear what type of job he would pursue or who would want to hire him, given the Epstein scandal.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tRELATED: <a href=\"https:\/\/www.sheknows.com\/entertainment\/slideshow\/1234938748\/prince-andrew-sarah-ferguson-scandals\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">11 of Prince Andrew &amp; Sarah Ferguson\u2019s Biggest Scandals, Including Their Ties to Jeffrey\u00a0Epstein<\/a><\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tNewsnight producer Sam McAlister, who was a part of the 2019 interview that led to his public downfall, saw the mess coming a mile away from the spoiled royal.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\t\u201cYou also have to remember the life he had lived. The third child and second son, but always said to be the Queen\u2019s favorite,\u201d she wrote in her 2022 memoir, Scoops. \u201cGranted extraordinary access and opportunity. Fawned over wherever he went\u2026 Andrew had not been subjected to the normal checks and balances. He and his people must have thought this moment, this hour of his life, would change the public perception of him for the better. It seems inconceivable now.\u201d<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tIt\u2019s a classic tale of greed, power, money, and the eventual fallout \u2014 and Andrew is living it in real time.<\/p>\n<p class=\"paragraph larva \/\/ lrv-u-margin-lr-auto  lrv-a-font-body-m   \">\n\tMore on Prince Andrew\u2019s downfall:<\/p>\n<p>Before you go, click <a href=\"https:\/\/www.sheknows.com\/entertainment\/slideshow\/2574020\/platinum-jubilee-photos\/\" target=\"_blank\" rel=\"noopener nofollow\">here<\/a> to see more photos from Queen Elizabeth II\u2019s Platinum Jubilee.<\/p>\n<p><a href=\"https:\/\/www.sheknows.com\/entertainment\/slideshow\/2574020\/platinum-jubilee-photos\/\" target=\"_blank\" rel=\"noopener nofollow\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2574862 size-full\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/10\/platinum-jubilee.jpg\" alt=\"\" width=\"693\" height=\"390\"  \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The finances of Andrew Mountbatten-Windsor, formerly known as Prince Andrew, are increasingly a subject of public concern amid&hellip;\n","protected":false},"author":2,"featured_media":139123,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[9785,9,24,63,6614,1312,122,124,123,486],"class_list":{"0":"post-139122","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-queens","8":"tag-celebrity-finances","9":"tag-new-york","10":"tag-new-york-city","11":"tag-nyc","12":"tag-prince-andrew","13":"tag-queen-elizabeth-ii","14":"tag-queens","15":"tag-queens-headlines","16":"tag-queens-news","17":"tag-royal-family"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/139122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=139122"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/139122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/139123"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=139122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=139122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=139122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}