In summer 2019, wealthy Manhattan financier Jeffrey Epstein was charged with one of the sex traffickings of a minor and at the same time involved in committing sex trafficking. His bail was denied even after pleading for it, and later he was committed suicide and was found dead in his cell.
However, even after his death, his high profile social circle continued to be in the headlines. The circle did not only include the politicians but royalty as well. Prince Andrew, Queen Elizabeth had been reported to have ties with Epstein.
Over the period of several months, the Duke of York issues a number of statements about Epstein. In November, he recorded an interview about his relationship with Epstein. The said interview came across huge criticism and it was then when Prince Andrew voluntarily stepped back from the royal duties. He gave statement saying, “I have asked Her Majesty if I may step back from public duties for the foreseeable future, and she has given her permission.”
It has been reported that following the same, his future in the royal family, including his financial aspect has been called to question. It is prince’s relationship with Epstein that he was kicked out of the royal family. Queen Elizabeth, his mother did that. Now he is paying for his own lifestyle. Formerly the Queen gave the prince an annual tax free salary of £ 249,000.
Moreover, being a part of the Royal navy, the ex-royal family member received another amount of 20,000 British pounds as pension. A resource shared that in last few years, the prince seemed to be pretty much wealthy and it remained unclear that how it happened.
One of the authors from United Kingdom’s press association, David McClure said that it was not clear how Andrew was managing all his wealth. Many people speculated that he has been supplementing his lifestyle via his role in trade envoy of UK.
Though he did not get any money from his position but he was usually treated to the luxurious dinners. These dinners were offered to him by other royal families as well as leaders of corporations. Andrew resigned from his position back in 2011. He did it because of his relationship with an accused sex offender i.e. Epstein who afterwars killed himself.
Moreover his reputation was called in to question for knowing his meeting with the autocarts globally. These people include Muammar Gaddafi, Nursultan Nazarbayev. Back in 2015, he arranged a dinner between the Nazarbayev and the Queen.
Between 2001 and 2008; he went to UAE nine different times. These visits included his visits to Bahrain, Egypt, and Kuwait. These British Taxpayers paid for these trips. Meanwhile he was supposed to promote the British business. In 2015, when the trade minister asked him to name a number of contracts, he actually did not have any.
In one of his interviews Prince Andrew admitted of having relationships with Epstein. Hence Prince Andrew’s Financial Future Is Called Into Question Following Jeffrey Epstein Affair.