Prince Andrew Net Worth: Prince Andrew, Duke of York, his earnings, career, family

Prince Andrew, Duke of York is the son of Prince Philip, Duke of Edinburgh and Queen Elizabeth, who has a net worth of $82 million. Whereas his elder brother Prince Charles has a net worth of $400 million.

A member of the royal family, at the time of his birth, Prince Andrew was second in the line of succession to the throne. 

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Income Source of Prince Andrew

His income comes from the Duchy of Cornwall, which generates millions of earnings each year and includes 135,000 acres of land in southern England as well as an investment portfolio. The land estate includes everything from farms to residential and commercial properties to natural resources such as forests and coastal areas.

It was created by Edward III in 1337 and its purpose is to provide income for the monarch's eldest son. So the duchy will go to William once Charles ascends the throne.

Prince Andrew is worth far less than his big brother, but the duke still has a heavy net worth around $75 million.

Andrew has investments in businesses and property, but a good amount of his fortune comes from a trust fund that was set up when he was a child. He also collects a Royal Navy pension.

The sons of Charles benefit greatly from the Cornwall Duchy. Their father gives them money from it to cover their daily expenses as well as their wives, Kate Middleton, and Meghan Markle.

The princes are worth around $40 million each. Most of their money comes from the inheritance left to them by their mother, Princess Diana, and their grandmother, the Queen Mother.

Princess Beatrice and Princess Eugenie are not considered full-time royal workers and therefore they each have regular jobs. Eugenie works in an art gallery and Beatrice works for a U.S.-based technology company.

The princesses are worth about $5 million per piece. Their wealth comes from trust funds set up by the Queen Mother as well as a trust set up for them after Andrew's divorce from their mom, Sarah Ferguson.

Before Eugenie and Jack Brooksbank were married, she and her sister lived in an apartment at St. James's Palace and Prince Andrew covered the annual rent of around $25,000.

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Assets of Prince Andrew

The former marital home of Prince Andrew and Sarah Ferguson, Sunninghill Park in Berkshire, was demolished to make way for a ' manor house ' over a third larger than the original. Photographed, the wasteland where Sunninghill once stood. The Queen had built the 12-bedroom house for the couple as a wedding present in 1986, but they divorced in 1996. Before moving out, Princesses Beatrice and Eugenie lived there for another decade. Pictured, before it was demolished, Sunninghill.

Early Life of Prince Andrew

Prince Andrew was born in the 'Belgian Suite' of the famous 'Buckingham Palace', London, United Kingdom, as Andrew Albert Christian Edward on February 19, 1960. Prince Andrew is the child of Queen Elizabeth and Prince Philip Mountbatten. He was baptized in the 'Music Room' of the palace by the Archbishop of Canterbury, Geoffrey Fisher on April 8, 1960.

Andrew's education began at the palace, where a governess taught him. He was later enrolled at 'Heatherdown School' in Berkshire and then attended the prestigious 'Gordonstoun School' in Scotland where his father and older brother had previously studied. He enrolled at 'Britannia Royal Naval College' as a pilot in Dartmouth after spending two years at' Gordonstoun School.'

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Career of Prince Andrew

In 2012, Prince Andrew visited India where he was fascinated by the work of the Women's Interlink Foundation, a charity organization aimed at helping women acquire the right skills to earn money with minimal investment. He later initiated a project called 'Key to Freedom', which attempts to find ways to market the products manufactured at' Women's Interlink Foundation.'

On September 3, 2012, Prince Andrew became one of the 40 members to abseil Europe's tallest ' The Shard ' building as part of a fund-raising campaign for ' Royal Marines Charitable Trust Fund ' and ' Outward Bound Trust. ' In 2013, he became the patron of a few universities, namely ' University of Huddersfield ' and ' London Metropolitan University. '

In 2014, he launched an initiative called' Pitch@Palace,' which allows entrepreneurs to pitch their ideas at' St. James Palace.' The Duke of York officially invites the selected entrepreneurs and the entrepreneurs with worthy ideas will have the opportunity to meet with potential investors, business contacts and mentors.

He also created another charitable trust that works to support young people in achieving their goals. He then founded many awards to recognize young talent in the field of entrepreneurship and other areas. Some of the awards he founded include' Technical Education Award,'' Inspiring Digital Enterprise Award,' and' Young Entrepreneur Award.'

He is also a patron of organizations such as ' TeenTech ' and ' Catalyst Inc, ' working to improve science and technology. In 2014, while attending the 60th-anniversary celebrations of ' European Organization for Nuclear Research ' (CERN) in Geneva, Switzerland, he promoted British science.

Personal Life of Prince Andrew

Prince Andrew had a relationship with American photographer and actress Koo Stark. They were spotted vacationing together on a private island called Mustique in 1982. They were, however, under constant pressure from the press and the palace, which led to their separation in 1983. Prince Andrew was made the godfather of Koo Stark's daughter in 1997.

Prince Andrew married Sarah, Duchess of York at the famous' Westminster Abbey' on July 23, 1986. The couple was blessed with two daughters and led a happy life together. However, their marriage ran into trouble in the early 90s, which led to their friendly separation in 1992. Their separation was made legal through a divorce on May 30th, 1996.

Also Read: Prince Philip