Money is at the heart of all of Andrew’s problems.
This is what drew him to Jeffrey Epstein – the multimillionaire pedophile financier – in the first place, a decision that led to his downfall.
And money, or lack of money, will now play a big part in its decision-making.
Despite his large, 30-room, seven-bedroom Royal Lodge, a short walk from Windsor Castle, Andrew is, like most royals, not rich in money.
He never had the funds to subscribe to the lifestyle of private jets, luxury ski chalets and days on the golf course that he and his ex-wife Sarah Ferguson so craved, which has him. brought to rub shoulders with a coterie of undesirable internationals who could pay for it.
And he is certainly not rich enough to pay the estimated legal bill of £ 5-6million he will likely be left with as a result of his decision to fight in this case and clear his name over the sex allegations made against him. him by Virginia Roberts. .
Money is what drew Prince Andrew (pictured) to Jeffrey Epstein – the multimillionaire pedophile financier – in the first place, a move that led to his downfall
He also couldn’t afford a substantial settlement with Miss Roberts, now known as Virginia Giuffre, out of his own pocket.
Andrew has not, it should be noted, received public money for many years.
The only bills that were paid by taxpayers were the (admittedly not insignificant) travel expenses for his official globetrotter as the UK’s Roving Special Representative for Trade and Investment – and to assure him 24 hour security.
Privately, he survives on donations from the Queen of her Duchy of Lancaster estate, personal investments, and bequests from family members such as the late Queen Mother and her modest naval pension.
Despite his large, 30-room, seven-bedroom Royal Lodge (pictured), a stone’s throw from Windsor Castle, Andrew is, like most royals, not rich in money.
He lives in Royal Lodge, the home of the late Queen Mother, on a preferential, but undisclosed, 100-year lease of the Crown Estate and owns no property other than the £ 18million ski chalet which he so disastrously bought with Sarah, the Duchess of York, in Verbier, five years ago.
He has now been forced to sell it after failing to make the second £ 5million payment he owed the seller, French socialite Isabelle de Rouvre, who took legal action to get it back.
She revealed this week that Andrew and Sarah finally settled the debt in November and sources close to the Duke said a new buyer has been found and a sale is underway.
But how much he will be left with afterwards, given his £ 13million mortgage on the property and expenses, remains to be seen.
It is conceivable that he could also have money from the sale of his former marital home, Sunninghill Park, near Windsor, which was a wedding present from the Queen. The 12-bedroom property, compared to an out-of-town hypermarket, had languished in the market for five years before being suddenly bought in 2007 for £ 15million – £ 3million more than asking price – by Timur Kulibayev.
Kulibayev is the son-in-law of Prince Andrew’s friend and goose-hunting partner Nursultan Nazarbayev, the former autocratic ruler of Kazakhstan.
The £ 18million ski chalet Prince Andrew so disastrously bought with Sarah, the Duchess of York, in Verbier five years ago. He has now been forced to sell it after failing to make the second £ 5million payment he owed the seller, French socialite Isabelle de Rouvre, who took legal action to get it back.
It has been suggested that so far the Queen has been helping her son with his legal bills.
She could, of course, continue to do so.
But royal insiders say it is “inconceivable” that she could or would contribute to a financial settlement with Miss Roberts, who has after all accused her son of rape, if the prince was forced to go down that route.
It is not his business to sell Royal Lodge, but he could possibly be forced to vacate the property to minimize his expenses in the near future, especially now that his two daughters have moved out and he and his ex-wife are struggling in the vast property.
It would certainly allow the Duke and Duchess of Cambridge to move in, if the rumors of their ascension to Windsor are true.
But that still wouldn’t send the necessary millions into Andrew’s coffers.
The future is far from secure financially for the besieged Duke.