The financial consequences of Prince Andrew's prolonged scandal are rippling through the next generation of the House of York, with Princesses Beatrice and Eugenie now facing the collapse of what was once expected to be a $40 million inheritance tied to Royal Lodge in Windsor Great Park. According to people familiar with the family's thinking, the sisters are "fuming" as the property that anchored their long-term financial expectations reverts to the Crown following King Charles III's decision to sever Andrew's remaining royal privileges.
For decades, Royal Lodge-a 31-room mansion set within Windsor Great Park-was viewed inside the family as a protected asset. Andrew secured a 75-year lease on the estate in 2003, an arrangement widely regarded as a guarantee that the home would ultimately benefit his daughters, Princess Beatrice, 37, and Princess Eugenie, 35.
That assumption collapsed last year after King Charles III initiated formal steps to remove Andrew from the royal property portfolio. The decision followed renewed scrutiny of Andrew's association with Jeffrey Epstein, prompting the monarch to order his brother to vacate Royal Lodge and relocate to smaller accommodation on the Sandringham estate.
The loss is not merely symbolic. Royal Lodge is held under a lease with the Crown Estate rather than as a privately owned freehold. Andrew reportedly paid about £1 million upfront for the lease and spent millions more refurbishing the property, operating under the belief that those investments would translate into long-term value for his family.
Property specialists say that expectation was misplaced. Once the lease is terminated or surrendered, the estate reverts entirely to the Crown, leaving no residual financial interest for Andrew or his daughters. As one property expert put it, "The door for any potential inheritance has now closed entirely."
People close to the sisters say their frustration is rooted less in lifestyle concerns than in the sudden disappearance of a financial safety net they believed was secure. An insider described the mood as one of resentment at "paying the price for decisions they did not make," as a multimillion-dollar asset evaporated because of their father's downfall.
Neither Beatrice nor Eugenie faces immediate financial hardship. Beatrice lives with her husband, Edoardo Mapelli Mozzi, in a farmhouse in the Cotswolds, while Eugenie divides her time between Ivy Cottage at Kensington Palace and a home in Portugal with her husband, Jack Brooksbank. Still, the end of Royal Lodge marks a clear break from the assumption that Andrew's royal status would underpin their long-term security.
Andrew, now stripped of his titles and HRH style, is expected to move to Marsh Farm on the Sandringham estate by his 66th birthday. The property is significantly smaller and far less prestigious, underscoring the extent of his demotion within the royal hierarchy.
