Tuesday Nov 23, 2021
Prince Andrew recently came under fire for his ‘mysterious and murky’ free-spending lifestyle.
These findings point towards the possibility of lavish spending, on things like Princess Eugenie’s wedding, expensive property u-keep, and other “free-spending” choices which rub experts the wrong way.
For those unversed, it is estimated that Prince Andrew’s total income consists of a £250,000 annual stipend from the Queen and a £20,000 navy pension.
But a report by The Times reveals he may have exceeded his yearly earnings altogether.
This claim comes just weeks after Prince Andrew’s £1.5million loan was paid off by a Tory donor.
A separate report by Bloomberg suggests the prince also borrowed money from a credit facility back in 2015 and it has been totalled to an average of £125,000 every three months.
The latest noted transaction includes the purchase of a £220,000 Bentley that he purchased back in 2020, to add to his already large collection of large vehicles like Range Rovers.
He is also reported to own a substantial collection of luxury watches, owes a large mortgage on a luxury chalet inside a Swiss ski resort but lost that property when he failed to pay the final instalment of £6.6million.