Prince Andrew signs lucrative deal with startup amid money woes

Prince Andrew is set for a hefty payday after he reportedly secured a lucrative deal with a Dutch business firm.

Prince Andrew is set for a hefty payday.

The disgraced Duke of York, 64, has reportedly secured a lucrative deal with a Dutch business firm that will pay him millions in exchange for his connections from the Pitch@Palace initiative.

Andrew’s inked deal with Startupbootcamp marks the first known work he’s undertaken since stepping down as a working member of the Firm in 2020, the New York Post reports.

According to the agreement, Andrew will receive a cut for each deal Startupbootcamp makes across global territories, The Sun reports.

Prince Andrew has reportedly secured a lucrative deal with a Dutch business firm that will pay him millions. Picture: Chris Jackson/Getty

A palace source added that “Buckingham Palace officials have neither reviewed nor approved the details of any financial arrangements between the Duke or his advisers and any third party.”

“[Andrew] will earn money from each deal SBC secures from his Pitch@Palace work and the windfall will help enable him to hold on to Royal Lodge,” a source told the outlet.

“It is a way of exploiting the enviable business links he has secured over the years.”

Kauan von Novack, CEO of Startupbootcamp, spoke out about the partnership with the scandal-scarred royal, saying the company’s mission “is to help entrepreneurs to create the change the world needs.”

“We see immense value in the network built up by Pitch@Palace,” he added.

Andrew’s inked deal with Startupbootcamp marks the first known work he’s undertaken since stepping down as a working member of the Firm in 2020. Picture: Adrian Dennis/AFP

It’s no secret that Andrew has been fighting tooth and nail to remain at the Royal Lodge ever since his brother King Charles expressed a strong desire to downsize him into a smaller property.

After finding himself on the brink of eviction for years, Andrew has been consistently refusing to move into the smaller Frogmore Cottage.

Despite being poised to leave the royal digs after Charles refused to continue financially carrying his brother’s weight, Andrew sensationally managed to find a mystery financial backer at the eleventh hour late last year.

The new gig will no doubt provide him with a much-needed cash boost after it emerged that the former working royal has been taking up household chores in a desperate bid to pinch a few pennies.

Andrew has been fighting tooth and nail to remain at the Royal Lodge ever since King Charles cut him off financially. Picture: Andrew Matthews/WPA Pool/Getty

Charles had attempted to downsize Andrew into the smaller Frogmore Cottage - but the duke wouldn’t budge. Picture: Yui Mok/Pool/AFP

The new role also comes as welcome news for Andrew after it was announced last week that a high school named after him has announced that it will be changing its name to distance itself from the disgraced duke’s controversies.

Prince Andrew School, the only high school located in St Helena, a British Overseas Territory in the south Atlantic Ocean, is keen to be free from Andrew’s “controversial ties.”

“The school believes a neutral name will foster a positive and forward-thinking learning environment, free from contentious associations,” St Helena’s government said of the decision in a statement.

It said that changing the school’s name is vital to maintain its values, which were mired by the former working royal’s recent setbacks.
This article originally appeared in the New York Post and has been reproduced with permission.

Originally published as Prince Andrew signs lucrative deal with startup amid money woes