Andrew Mountbatten Windsor, who has been under the scanner over his ties with convicted sex offender Jeffrey Epstein, reportedly made \u00a315 million. Courtesy? The Sunninghill Park, which was a wedding gift from Queen Elizabeth.<\/p>\n
According to a report by The Sunday Times, a trust structure set up by the late Queen allowed the former Duke of York to sell his Sunninghill Park \u2013 a 12-bedroom mansion which was originally owned by the Crown Estate.<\/p>\n
Usually, any profits from Crown Estate \u2013 which is separate from the monarch’s private property \u2013 go directly to the UK Treasury and contribute towards public spending.<\/p>\n
Despite being a Crown Estate, the mansion was privately sold after Andrew, Sarah Ferguson and their two children, Princess Eugenie and Princess Beatrice moved out and settled in Royal Lodge.<\/p>\n
Who paid \u00a315 million for the estate?<\/p>\n
In 2007, Prince Andrew received an offer of \u00a315 million for Sunninghill Park from Timur Kulibayev – a billionaire and the son-in-law of Nursultan Nazarbayev \u2013 the then president of Kazakhstan, reported The Times.<\/p>\n
At the time, Andrew was serving as UK\u2019s international trade envoy and had developed close ties with Kazakhstan \u2014 ties that later drew scrutiny. In 2016, a report by the Daily Mail even alleged the Duke of acting as a ‘private fixer’ for Kazakh businesses.<\/p>\n
Where did the \u00a315 million go?<\/p>\n
The Times reported that \u00a37.5 million of the profits were used for the refurbishment of the Royal Lodge, a crown-owned estate where he lived virtually rent-free until 30 October, when it was announced that his lease would be revoked.<\/p>\n
The news of the sale of the Sunninghill Park comes days after Andrew, who stripped of his title as a prince<\/a> on Thursday. He, however has retained his rank as a Vice Admiral in the Royal Navy after giving up his other military positions in 2022.<\/p>\n Why is Andrew under pressure?<\/p>\n The former prince has lost all of his Royal titles and privileges following months of pressure over his ties to convicted sex offender Jeffrey Epstein.<\/p>\n Andrew, however, has always denied wrongdoing, mentioned a report by BBC.<\/p>\n Andrew and Jeffrey Epstein<\/p>\n Andrew\u2019s royal standing has witnessed a steady decline since 2019, when his friendship with Jeffrey Epstein \u2014 who died in prison awaiting trial for sex trafficking \u2014 became public. Andrew stepped back from royal duties and later settled a civil lawsuit filed by Virginia Giuffre<\/a>, who accused him of sexual assault \u2014 allegations he has consistently denied.<\/p>\n With this latest move, King Charles has made clear there is no path back to public life for his younger brother.<\/p>\n","protected":false},"excerpt":{"rendered":"Andrew Mountbatten Windsor, who has been under the scanner over his ties with convicted sex offender Jeffrey Epstein,…\n","protected":false},"author":2,"featured_media":26185,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[16616,9,24,63,16612,16614,16613,1315,122,124,123,16615],"class_list":{"0":"post-26184","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-queens","8":"tag-andrew-epstein","9":"tag-new-york","10":"tag-new-york-city","11":"tag-nyc","12":"tag-prince-andrew-15m","13":"tag-prince-andrew-15m-mansion","14":"tag-prince-andrew-15-million-mansion","15":"tag-queen-elizabeth","16":"tag-queens","17":"tag-queens-headlines","18":"tag-queens-news","19":"tag-sunninghill-park-prince-andrew"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/26184","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=26184"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/26184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/26185"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=26184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=26184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=26184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}