King Charles reportedly cut financial ties with his brother Prince Andrew.
In an updated version of his book, Charles III: New King. New Court. The Inside Story, author Robert Hardman writes that the 75-year-old King of England instructed the Keeper of the Privy Purse to remove the 64-year-old royal’s £1 million ($1.3 million) annual personal allowance and to stop paying for his personal security, via The Daily Mail.
The personal security detail was in the seven figures, according to the outlet.
A source said that Prince Andrew was “no longer a financial burden on the King,” via Daily Mail.
The biography on the King is being released with three new chapters on November 7, featuring additional information about King Charles‘ relationship with Prince Andrew.
In the updated book, the author writes that Prince Andrew must now pay for the protection of historical art, furniture from the Royal Collection and several antiques after he reportedly did not accept a proposal to relocate from the Royal Lodge in Windsor to the “considerably smaller property” of Frogmore Cottage, The Daily Mail reported.
The Times reports Prince Andrew holds a lease to the Royal Lodge, where he moved to in 2003 and spent over $9 million on repairs and renovations. He paid over $1 million to take over the property, and pays an annual rent of about $337,000.
“The Duke had certainly been faring better than expected since his brother succeeded to the throne,” the author writes in the excerpt. “He continued to enjoy access to Windsor facilities and a living allowance which, according to a well-sourced newspaper article, amounted to £1 million annually.”
“The cost of the private security contract to guard the property, which sits outside that Windsor cordon, was running at what one insider called ‘a substantial seven-figure sum annually’. In August it was widely reported (and not disputed) that the King was no longer prepared to renew that contract beyond the autumn of 2024,” the book excerpt continues.
It was added that if he had continued to reside at the Royal Lodge in Windsor and rejected “the King’s offer of Frogmore Cottage,” then he was told King Charles “would feel no obligation to continue paying even his day-to-day living allowance.”
“In the late summer of this year, that patience ran out,” the author wrote.
“The Duke informed the monarch that, regardless of any ultimatum, he was going to stay put at Royal Lodge anyway. At which point, the Keeper of the Privy Purse (the monarchy’s finance director) was instructed to sever his living allowance.”
The author also wrote that it has “been a mixed blessing,” given that the matter is “resolved.” Still, he said that Prince Andrew‘s decision “soured family relationships yet further.”
The late Queen Elizabeth stripped her son of his military titles and patronages amid Virginia Guiffre’s civil sexual assault lawsuit. It has since been settled, and Prince Andrew has repeatedly denied any wrongdoing.
