Prince Andrew 'to tighten his belt’ as King Charles refuses to share his inheritance, royal expert claims

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Prince Andrew 'to tighten his belt’ as King Charles refuses to share his inheritance, royal expert claims
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King Charles became the sole beneficiary of Queen Elizabeth II’s wealth under a 1993 agreement. The late queen’s estate is estimated to be worth nearly $800 million.

According to multiple reports, King Charles III became the sole beneficiary of Queen Elizabeth II’s wealth under a 1993 agreement that no inheritance tax is paid on assets moving from one sovereign to another. Sources alleged that Charles hasn't shared any of the wealth with his younger brother Prince Andrew .

"What’s he meant to do? Go cap in hand to his older brother to keep a roof over his head?" the pal claimed."Things are going from bad to worse. It’s a disaster."Queen Elizabeth II and her husband Prince Philip are seen here with their children, circa 2007. The former Prince Charles is seated next to his mother. Also featured in the photo: Princess Anne , Prince Andrew and Prince Edward .

A"well-placed" source told the outlet that it was the late queen who initially proposed the idea of Andrew, 63, moving into Frogmore Cottage, the former U.K. residence of the Duke and Duchess of Sussex. It was understood that the queen felt the Royal Lodge, where he resides, would be a more appropriate home for the Prince and Princess of Wales, as well as their three children.

According to sources, it was Queen Elizabeth II who first suggested that Prince Andrew should move into Frogmore Cottage as the Royal Lodge would be a more appropriate residence for the Prince and Princess of Wales, as well as their three children. A source told The Sun that Andrew is"resolute" that he will stay at Royal Lodge. According to the outlet, he hasn’t accepted the offer to move yet.

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