Princesses Beatrice and Eugenie lived the good life thanks to daddy’s ‘scam’

Princesses Beatrice and Eugenie are under fire after a government report revealed that neither has personally paid rent for royal residences for years, with costs instead covered by schemes funded by the monarch, despite both women no longer performing official royal duties.

RadarOnline.com can reveal that Beatrice, 37, and Eugenie, 36, have spent much of their adult lives in prestigious royal properties, according to a National Audit Office report examining housing arrangements involving members of the royal family.

The findings were published following questions about property deals linked to their disgraced father, Andrew Windsor, 66, whose controversial lease on the Royal Lodge sparked a wider investigation into royal residences.

The report reveals that rent for the sisters’ homes was paid by King Charles III, 77, through private funds, continuing a scheme established during the reign of Queen Elizabeth II, who was said to have had a particularly close relationship with her granddaughters.

Former Liberal Democrat minister Norman Baker raged at the findings: “The whole thing is outrageous. If you look at Andrew, this is even worse.

“It shows absolute total disregard for the taxpayer. The money should have gone to the Crown, not into (his) pockets.”

Speaking specifically about the princesses, Baker said: “There is no way that non-working members of the Royal Family should be subsidized by the Duchy of Lancaster. The Royal Family are once again taking the public for a complete ride.”

The report revealed that Eugenie moved into Ivy Cottage on the Kensington Palace estate in 2018 after previously living at St James’s Palace. She now divides her time between London and a $4.8 million home in Portugal.

Beatrice stayed in an apartment at St James’ Palace, where she lives with her husband, property developer Edoardo Mapelli Mozzi, and their family, while also owning a significant property in the Cotswolds.

A source familiar with royal finances told us the arrangements were likely to raise questions because both women have built careers, wealthy husbands and access to private property outside the royal estate.

Another insider said the report would fuel debate over whether housing subsidies originally intended for working royals should continue to apply to family members who no longer undertake official duties on behalf of the Crown.

A third source said public attention was “likely to focus on the contrast between the princesses’ private wealth and the preferential conditions attached to palace homes.”

While the report emphasized that no taxpayer money was directly used to pay the sisters’ rent, it noted that the properties are located in occupied royal palaces maintained through the Sovereign Grant, which supports the maintenance of royal residences.

The National Audit Office also found that the rental calculations for the sister properties were based on outdated market valuations for years.

As a result, some royal properties were rented below levels that would have reflected more recent market conditions.

Sources close to the Royal Household say the arrangement was originally approved by Queen Elizabeth and later honored by King Charles.

They emphasized that financial arrangements are regularly reviewed.