The Royal Forums Coat of Arms


Join The Royal Forums Today
Reply
 
Thread Tools Search this Thread Display Modes
 
  #1881  
Old 08-21-2017, 05:12 PM
Duc_et_Pair's Avatar
Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 6,981
It is assumed by some fellow posters that Andrew is a wealthy man. Is he indeed? And, if yes, what is the source of his wealth?
__________________

Reply With Quote
  #1882  
Old 08-21-2017, 06:11 PM
Heir Apparent
 
Join Date: Dec 2010
Location: Philadelphia, United States
Posts: 3,708
Quote:
Originally Posted by Duc_et_Pair View Post
It is assumed by some fellow posters that Andrew is a wealthy man. Is he indeed? And, if yes, what is the source of his wealth?
I've wondered that too, mostly because it has been said that Fergie, unlike Diana, didn't receive much of a settlement after the divorce.

I've always thought Andrew was basically subsidized by the Queen, and had little cash or property of his own.

That may not be accurate, since many say all the Royals have substantial trust funds.
But I've always assumed the heir gets just about everything and the rest fend for themselves.
__________________

Reply With Quote
  #1883  
Old 08-21-2017, 06:24 PM
Heir Apparent
 
Join Date: Oct 2013
Location: *******, Canada
Posts: 5,687
He sold his home in 2007 for £15 million, £3 million over the asking price. He no doubt has investments plus a trust fund from the Queen.

He's not living paycheque to paycheque
Reply With Quote
  #1884  
Old 08-21-2017, 06:40 PM
Pranter's Avatar
Heir Apparent
 
Join Date: Nov 2011
Location: Midwest, United States
Posts: 4,927
IIRC weren't the Queen's children left a decent amount of money etc from the QM?


LaRae
Reply With Quote
  #1885  
Old 08-21-2017, 09:17 PM
Heir Apparent
 
Join Date: Dec 2010
Location: Philadelphia, United States
Posts: 3,708
Quote:
Originally Posted by Rudolph View Post
He sold his home in 2007 for £15 million, £3 million over the asking price.

That was somewhat dodgy though, wasn't it?
The place was rather derelict so why did someone pay that much?
Reply With Quote
  #1886  
Old 08-21-2017, 09:19 PM
Countessmeout's Avatar
Heir Apparent
 
Join Date: Sep 2011
Location: alberta, Canada
Posts: 5,914
Quote:
Originally Posted by Pranter View Post
IIRC weren't the Queen's children left a decent amount of money etc from the QM?


LaRae

Yes it was reported about 3 million pounds each. The girls also have money from when the family home was sold. The girls could live lavishly off the interest of their trust funds without eating into actual assets.
Reply With Quote
  #1887  
Old 08-21-2017, 09:35 PM
Pranter's Avatar
Heir Apparent
 
Join Date: Nov 2011
Location: Midwest, United States
Posts: 4,927
Thanks Countessmeout that's what I thought...couldn't imagine they wouldn't be set up well...and will inherit more after Andy passes.

LaRae
Reply With Quote
  #1888  
Old 08-21-2017, 11:23 PM
Heir Presumptive
 
Join Date: Nov 2014
Posts: 2,459
Quote:
Originally Posted by Mirabel View Post
That was somewhat dodgy though, wasn't it?

The place was rather derelict so why did someone pay that much?


Why indeed !! Anything Andrew or Sarah do money wise is a ... how and why and just a bit dodgy
Reply With Quote
  #1889  
Old 08-22-2017, 01:59 AM
Duc_et_Pair's Avatar
Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 6,981
Quote:
Originally Posted by Pranter View Post
IIRC weren't the Queen's children left a decent amount of money etc from the QM?


LaRae
No, the entire estate of the late Queen Elizabeth went to her only surviving child, Queen Elizabeth II.

Source

The estate was rich in properties but was poor in cash, as the Queen Mother left substantial debts. So I don´t see where the working capital should have come from to leave "a decent amount of" money to her six grandchildren (The Prince of Wales, The Princess Royal, The Duke of York, The Earl of Wessex, The (then) Viscount Linley and Lady Sarah).
Reply With Quote
  #1890  
Old 08-22-2017, 02:04 AM
Heir Apparent
 
Join Date: Aug 2014
Location: Melbourne, Australia
Posts: 4,462
I believe there have been many many rumours over the years about some sources of Andrew's wealth, (and Sarah's borrowings), some of which might be worth the media looking into. It's been said that, at least during Andrew's trade envoy days, he networked and made many valuable friendships with wealthy foreigners.
Reply With Quote
  #1891  
Old 08-22-2017, 02:29 AM
Royal Highness
 
Join Date: Dec 2010
Location: Waterford, United States
Posts: 1,699
Quote:
Originally Posted by Duc_et_Pair View Post
No, the entire estate of the late Queen Elizabeth went to her only surviving child, Queen Elizabeth II.

Source

The estate was rich in properties but was poor in cash, as the Queen Mother left substantial debts. So I don´t see where the working capital should have come from to leave "a decent amount of" money to her six grandchildren (The Prince of Wales, The Princess Royal, The Duke of York, The Earl of Wessex, The (then) Viscount Linley and Lady Sarah).
According to the article linked, the QM set aside money in trust funds for her grandchildren in 1994.
__________________
"If you look for the bad in people expecting to find it, you surely will.”

Abraham Lincoln
Reply With Quote
  #1892  
Old 08-22-2017, 04:52 AM
muriel's Avatar
Majesty
 
Join Date: Jun 2007
Location: London / Guildford, United Kingdom
Posts: 6,876
Quote:
Originally Posted by Duc_et_Pair View Post
No, the entire estate of the late Queen Elizabeth went to her only surviving child, Queen Elizabeth II.

Source

The estate was rich in properties but was poor in cash, as the Queen Mother left substantial debts. So I don´t see where the working capital should have come from to leave "a decent amount of" money to her six grandchildren (The Prince of Wales, The Princess Royal, The Duke of York, The Earl of Wessex, The (then) Viscount Linley and Lady Sarah).
The monies left to grand children and other family members were probably given to trusts long before she died, so would not have been part of her estate
Reply With Quote
  #1893  
Old 08-22-2017, 05:14 AM
Heir Presumptive
 
Join Date: Apr 2016
Location: London, United Kingdom
Posts: 2,011
Quote:
Originally Posted by Mirabel View Post
Charles and William may end up supporting the girls anyway.
I don't know if they can be described as trust-fund heiresses; they did have trust funds at one point, but Fergie had access to them (who thought that was a good idea?)

There might not be anything left.
I doubt if Sarah was a trustee so she could only have access to the income and then only if the trustees/girls agreed surely?
I understood that the dvorce settlement gave money directly to the girls in trust funds and gave Sarah very little. Probably because she's known to be so bad with money it was best to set it up directly for the children.
Its possible that if they wind up in financial problems, Charles and Will may have to support them at some stage out of family loyalty, but I think C is trying to minimise the chances of that happening. He wants to keep unnecessary people away from "doing royal duties" so that he can try and avoid having to support them.. If they "work as royals" he may end up wit havng to pay for thtem later on, as the queen has had to do with the Kents. and I thik he also wants to avoid a situation where there are lots and lots of royals working because that way if one of them gets into trouble or causes a scandal he has some distance from tehm.
Reply With Quote
  #1894  
Old 08-22-2017, 06:50 AM
Duc_et_Pair's Avatar
Majesty
 
Join Date: Mar 2014
Location: City, Netherlands
Posts: 6,981
Quote:
Originally Posted by ladongas View Post
According to the article linked, the QM set aside money in trust funds for her grandchildren in 1994.
Yes, I have seen that, but they inherited nothing from the late Queen Elizabeth, as was the assumption: her entire estate went to her only surviving child. When trust funds were created for her grandchildren, we may assume she made no difference in the children of her daughter Elizabeth or the children of her daughter Margaret. I can not peek in the purse of Andrew or Edward or David or Sarah but none of them appear very wealthy to me. My feeling says that they are well-off, have the luck to have been provided great housing and use of services from the Court but would they all be multi-millionaires, to say something?
Reply With Quote
  #1895  
Old 08-23-2017, 06:47 AM
JessRulz's Avatar
Administrator
Blog Editor
Royal Blogger
 
Join Date: Nov 2005
Location: Melbourne, Australia
Posts: 7,342
A number of posts discussing the Queen Mother's inheritance and trust funds have been moved to the Royal Wealth and Finances thread. Please continue any wealth/finances discussion there.
__________________
**TRF Rules and FAQ**
Reply With Quote
  #1896  
Old 09-20-2017, 03:05 PM
Commoner
 
Join Date: May 2017
Location: Berlin, Germany
Posts: 35
With William's third child on the way, any chance of these two having any sort of royal duties is over. They are simply expendable in the grand scheme of the Monarchy and should settle for quiet lives away from the public eye.
__________________

Reply With Quote
Reply

Tags
career, education, princess beatrice, princess eugenie, royal duties, social life, styles and titles


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Princesses Beatrice and Eugenie Picture Thread: All Years Warren The Duke of York, Sarah Duchess of York, and Family 97 09-27-2015 10:09 AM
Duties, Roles and Royal Training of the Princes JOY! Prince Harry and Prince William 214 02-20-2013 07:07 PM
Beatrice and Eugenie: Baby/Childhood Pictures Martine The Duke of York, Sarah Duchess of York, and Family 133 03-03-2006 11:25 PM




Popular Tags
albania best outfit birthday carl gustaf chris o'neill crown princess mary crown princess mary fashion crown princess victoria current events denmark fashion poll general news hereditary grand duchess stéphanie hereditary grand duke guillaume infanta cristina infanta leonor infanta sofia iñaki urdangarín king felipe king felipe vi king philippe letizia monarchy news november 2016 october 2016 picture of the week prince alexander prince carl philip prince charles prince daniel prince felix prince gabriel prince nicholas prince oscar princess claire of luxembourg princess estelle princess leonore princess madeleine princess mary princess mary eveningwear princess mary fashion princess of asturias princess sofia princess victoria queen elizabeth ii queen letizia queen letizia casual outfits queen letizia daytime fashion queen letizia fashion queen mathilde queen mathilde daytime fashion queen mathilde fashion queen maxima queen maxima casual wear queen maxima daytime fashion queen maxima fashion queen maxima hats queen maxima style queen rania queen silvia state visit stephanie sweden swedish royal family the duchess of cambridge casual wear the duchess of cambridge daytime fashion the duchess of cambridge fashion the duchess of cambridge hats victoria


Our Communities

Our communities encompass many different hobbies and interests, but each one is built on friendly, intelligent membership.

» More about our Communities

Automotive Communities

Our Automotive communities encompass many different makes and models. From U.S. domestics to European Saloons.

» More about our Automotive Communities

Marine Communities

Our Marine websites focus on Cruising and Sailing Vessels, including forums and the largest cruising Wiki project on the web today.

» More about our Marine Communities


Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -4. The time now is 10:44 PM.

Social Knowledge Networks

eXTReMe Tracker
Powered by vBulletin
Copyright ©2000 - 2017
Jelsoft Enterprises