\n\tKing Charles III, who was heir to the throne, earned the lion\u2019s share, which included the Queen\u2019s private estate, the Duchy of Lancaster. In March 2023, it was estimated to be worth over $856 million, according to 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 \t\t\t<\/p>\n \t\t\t\t\t\t \tRelated story<\/p>\n \t\t\t\t\tKing Charles Reportedly Paying a Hefty Sum After Being Left With \u2018No Choice\u2019 but To Strip Andrew\u2019s Titles\t\t<\/p>\n \t\t<\/a><\/p>\n \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 royal family 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 disastrous 2019 interview<\/a> with BBC\u2019s Newsnight.<\/p>\n \t\t\t\t\t\t \t\t\t\t\tAndrew Mountbatten Windsor.<\/p>\n \t\t\t\t\t\t\t\t\tDan Kitwood\/Getty Images.<\/p>\n \n\tStill, Andrew\u2019s association with Jeffrey Epstein 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 going to be just fine<\/a> after negotiating \u201cmillions\u201d from his brother, per The Daily Beast.<\/a><\/p>\n \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 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 \n\tMore on Prince Andrew<\/a>\u2019s downfall:<\/p>\n \n\tThe 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 \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 \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<\/a>. \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 \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 Before you go, click here<\/a> to see more photos from Queen Elizabeth II\u2019s Platinum Jubilee.<\/p>\n![\"King](\"https:\/\/www.sheknows.com\/wp-content\/themes\/vip\/pmc-sheknows-2020\/assets\/public\/lazyload-fallback.gif\")
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![\"\"](\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2025\/10\/platinum-jubilee.jpg\")
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