A Glimpse On Prince Andrew’s Net Worth Amidst Underage Sex Claims

By Staff Reporter | Jan 05, 2015 09:30 PM EST

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Prince Andrew has an estimated net worth of $82 million. He is the second son and the third child of Queen Elizabeth II and Prince Philip, Duke of Edinburgh and known as the Duke of York. At the time of the prince's birth, he was second in line to the throne, but currently he is fifth in line of succession.

The Duke of York was born as Andrew Albert Christian Edward. According to Born Rich, 54-year-old Prince Andrew inherited his net worth from his parents as well as from several properties he owned and from his works in the Royal Navy as a military pilot. He also served as Britain's Special Representative for International Trade and Investment until July 2011.

In 1986, Prince Andrew married his childhood friend Sarah Ferguson in Westminster Abbey. The couple has two children, Princess Beatrice and Princess Eugenie of York. However, after 10 years of marriage, Prince Andrew and Sarah, the Duchess of York, divorced amicably.

In 2013, Prince Andrew is ranked as one of the highest paid princes with a multimillion net worth. He is associated as a patron, president and colonel of more than 130 organizations, military regiments and charitable institutions including the national Society of the Prevention of Cruelty to Children and The Deaf Association.

Prince Andrew made his millions of net worth from several investments in stock markets, a good share in property holdings and by owning several restaurants in London. According to The Richest, the prince also owns a football team called the "London Angels." Additionally, Prince Andrew has a Vodka brand and a perfume under his name.

Meanwhile, this 2015, Prince Andrew and the Royal family have been struck by controversies as sex claims of an underage woman surfaced. In a BBC News report, the prince along with a US lawyer, Alan Dershowitz, were named in documents filed in a Florida court claiming they had sex with a minor.

The woman allegedly accused that she was forced to have sex with Prince Andrew, allegations denied by the Buckingham Palace, The Guardian reported. According to the victim, the sexual harassment transpired between 1999 and 2002 when she was under age and on three occasions, in London, New York and on a private Caribbean island owned by financier Jeffrey Epstein.

Despite the allegations, Prince Andrew and the Buckingham Palace continued to deny the claims. As of early January 2015, the accusations have not been tested in any court. Meanwhile, The Richest lists Prince Andrew's net worth as $82 million.  

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