The Duchess spent money at a shocking pace – Queen Elizabeth had to hide the truth

Historian Andrew Lownie describe in their new book Entithled: The Rise and Fall of the Yorks York Duchess Sarah Ferguson’s life as a lavish, wasteful – and debt, says Daily Mail.

Based on a four -year research and hundreds of interviews, a biography provides a deep -tailed review of the prince Andrew’s Life and his former wife Sarah Ferguson’s questionable reputation as a prodigal.

According to the Daily Mail, the royal family even wanted to deny the book’s publication because of its sensitive content.

Like Prince Andrew, the story of the Duchess of York is full of ambition and financial recklessness. A lively red -haired young woman was initially seen as a fresh breeze at the court when she married the prince in 1986, but the exploitation of a royal status to make money made her a questionable figure.

Ferguson’s daily demands included, among other things, a whole side of beef, a sheep violin and a roasted chicken – all for him alone. His butler woke up every morning at half past five to cool the watercress. Once, the Duchess spent more than € 28,000 in just an hour at the US department store. The debt was almost EUR 4.6 million for 200 different creditors. These are only part of Sarah Ferguson’s luxurious waste of waste.

He spent money in an epic and often nonsense, money he often had not had. This was particularly evident after he and Andrew ended up in the residence in 1992.

In the summer of 1994, the Duchess rented a villa from France, which brought sun loungers and swimming to children from England to children from England. Five additional phone lines were installed in the house, one of which went to the pool.

He used charity as a blanket for private business and funded his spectacular lifestyle in questionable means. After the bank had restricted Ferguson’s ability to raise money or use checks he started doing business together Clive Garrad with the founder of the Red Devil energy drink.

In cooperation, they launched several nursing homes that carried the name of Ferguson. The Duchess received a source of income from these nursing homes: he was paid € 1.15 for bed per night, which meant an estimate of EUR 35,000 during the first year of operation. This amount increased to up to € 229,000 within a few years.

However, Ferguson withdrew from the business for a few months before Garrad was declared bankrupt and convicted of VAT fell, suggesting that there were ambiguities or illegality in the activity.

This overlap of charities and other interests became a habit.

His American charity organization, Chances for Childrenaccording to the book, they used donations more to office expenses than to help – workers organized predictors, personal coaches and manicures for Duchess. In the end, less than half of the funds ended up in the charity itself.

In addition to debts Budgie-The children’s writing, which he published in the early 1990s. The books were estimated to have produced approximately EUR 3 million to the Duchess. However, when speaking in December 1994 at the National Press Club in Washington, he claimed to be cashless.

– I have divorced the mother of two children, mainly responsible for the economy of my family. Really annoying when I read I’m a millionaire Budgiethrough my books. It’s rubbish, he said.

In 1995, Ferguson admitted that his economic situation was so difficult that he was forced to prioritize the earning money rather than charity.

Despite its unmatched, the lifestyle of the Duchess continued. He moved to an eight bedroom mansion with a tennis court, a swimming pool and his own guest house.

Monthly, he spent about € 6.8 thousand for rent and about EUR 37 thousand for staff salaries – a butler, chef and driver. Telephone bills alone cost about EUR 18 thousand a year.

By November 1995, Ferguson’s debts were already exceeded EUR 4 million, and he needed the bank’s approval even to pay for small checks.

However, it did not restrain him. According to the book, the Duchess took advantage of his position and shop almost for free at the Luxury shops in London. Harrods owner Mohamed Al-Fayed It is alleged that he has allowed him to buy products from his department store without ever billed – the spike was opened and the purchases were not paid.

In the late 1990s, huge sums began to be recovered from Ferguson. He had failed to pay his debts to his employees, friends and companies.

In 1996, the Palace authorities revealed that Queen Elizabeth had paid the Duchess’s debts several times – including six -digit sums in cash. But as Ferguson’s and the prince’s divorce came into force, the Queen began to draw a border for her unmarried hand.

“Duchess’s financial matters no longer be a concern for his or her majesty, but are things that the Duchess of the York has to be discussed and resolved with his bankers and other financial advisors,” said the Palace announcement.

The Duchess was hired by an accountant whose mission was to reduce his expenses.

Attempts were made to cover the payment of debts with the income of books, advertisements and weight loss programs. In practice, the Duchess did anything to reduce his debt burden of EUR 1.8 million. With income, Ferguson was reduced by his debts, but his economic situation remained poor.

In 2010, Prince Andrew and his assistants intervened. A dozen employees were dismissed and many debts were arranged or paid with the support of the royal family. Still, the Duchess continued his luxurious lifestyle, and his wastefulness and the uncontrolled economy repeatedly took him to public fuss and lawsuits.

Sarah Ferguson still lives with her ex-husband Prince Andrew in Royal Lodge. King Charles Has tried to get his brother to move many times, but so far without success.

Rumors of Andrew’s financial difficulties have moved since the king stopped his funding last year.