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Mystery of Prince Andrew's lavish lifestyle on 'small pension and allowance from mum' – Mirror Online, Google News


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He has been dubbed the “party prince” who loves the high life, but mystery surrounds how the Duke of York lives such a lavish lifestyle on an allowance from his mum.

There is little evidence of him earning the money needed to support such expensive tastes and he’s never had a proper full-time paid job since he left the Royal Navy in 2001.

Royal observers have often pondered how he manages to keep a home in Windsor – shared with his ex-wife Sarah Ferguson – and a £ 13 million Swiss chalet in Verbier.

It has seven bedrooms, a sauna, a pool room and a terrace – quit e the pile for a man who receives a “basic” allowance of £ 249, 000 from the Queen to fund his office at

Multi-million chalet in Swiss Alpine resort of Verbir

His earnings are arguably topped up with a small naval pension of £ 20,

He attracted the moniker “Air Miles Andy”, indulging his penchant for private jets.

He’s been pictured with a special edition gold Apple watches and a new Bentley.

Seen at golf courses and the resorts of St Tropez – the question remains: how does he afford it?

Prince Andrew with his state-of -the-art Apple watch

The money given to him by the Queen comes from the Duchy of Lancaster, the estate that provides her with a private income.

This year the duchy’s profits rose to £ 21 .7million.

Critics say that allowance has meant Andrew has largely relied on currying favor with the rich and the famous in return for access to royal events and accommodation.

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The Duke Of York In Verbier, Switzerland

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Andrew is said to have spent £ 7.5million doing up Royal Lodge, the house in Windsor Great Park that he and Sarah shared after their divorce.

The most obvious source of income is the money he made from the sale of Sunninghill Park, which the Queen gave the couple as a wedding gift.

Timur Kulibayev, son-in-law of the president of Kazakhstan, bought it for £ (million in) .

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