Beatrice, Eugenie’s lavish royal life under threat?
Key takeaways
- Both sisters have been able to set themselves up in solid financial positions through multi-layered financial safety nets, such as large historic trust funds, ultra-rich spouses, and high-earning corporate careers.
- Former MP and prominent royal finance specialist Norman Baker explained in the Daily Mail: You don’t need to worry about [Beatrice and Eugenie] being short of cash.
- High-Earning Spouses and Luxury Properties Aside from these financial arrangements made on behalf of them through family trusts, both Princesses have also married wealthy men.
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Add ARY News on Google AAResize Princess Beatrice And Princess Eugenie are unlikely to see their luxury lifestyles in jeopardy as a result of the financial struggles of their father, Prince Andrew, and the ongoing controversy around his finances, royal finance experts say. Both sisters have been able to set themselves up in solid financial positions through multi-layered financial safety nets, such as large historic trust funds, ultra-rich spouses, and high-earning corporate careers.
The Royal Trust Funds Keeping the York Sisters Financially Secure Perhaps one of the biggest reasons for the princesses not being financially worried about their parents’ financial crisis is their enormous inherited generational wealth. Former MP and prominent royal finance specialist Norman Baker explained in the Daily Mail: You don’t need to worry about [Beatrice and Eugenie] being short of cash.
As a result of this, a mega trust fund set up by Queen Elizabeth the Queen Mother back in the early 1990s to distribute tax-efficient wealth to her great-grandchildren was supplemented by a trust from Queen Elizabeth II and another by Prince Andrew, and these generate an independent income.