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Daily Record
Daily Record
Entertainment
Siobhan Macdonald

Prince Andrew in ‘despair’ that King Charles has not shared £650million inheritance

Prince Andrew is reportedly 'in despair' as King Charles refuses to share the £650million inheritance left by the late Queen.

King Charles was the sole beneficiary of the Queen’s £650million estate, under a 1993 agreement meaning no inheritance tax was owed. This means Princess Anne, 72, Prince Edward, 59, and Andrew, 63, inherited nothing from their late mother and are reportedly feeling resentful over this.

As working royals, both Princess Anne and Prince Edward receive allowances from the Sovereign Grant to cover costs unlike Prince Andrew who stepped down from royal duties three years ago.

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