All posts tagged: pocketed

Andrew Mountbatten-Windsor quietly pocketed £15m profit on Sunninghill Park home

Andrew Mountbatten-Windsor quietly pocketed £15m profit on Sunninghill Park home

Andrew Mountbatten-Windsor is currently residing at Wood Farm on the Sandringham estate, but he previously resided at Royal Lodge on the Windsor Home Park estate with his ex-wife, Sarah Ferguson – and it’s not the first time the pair shared a home.  Two years after their marriage in 1986, Andrew and Sarah Ferguson moved into Sunninghill Park in Ascot, Berkshire, having received the new-build home as a wedding gift from his mother, the late Queen. However, the former Duke and Duchess of York divorced in 1996, leading Andrew, formerly Prince Andrew, to make a staggering £15 million profit on the property – but how? © Tim Graham Photo Library via GetSunninghill Park pictured in 1992 How did Andrew make £15m on his prior home? According to The Times, in 1983, the late Queen created a company called Tyrolese 83 Limited to “acquire, hold and deal with property”. The said company was also able to hold property on behalf of the Queen’s relatives, while the individuals and the properties remained hidden from the public, as it …