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Katie Price’s husband Lee unveils his 'true wealth source'

Lee Andrews has recently unveiled the actual origins of his wealth

By Fabeha Amir |
Katie Price’s husband Lee unveils his 'true wealth source'
Katie Price’s husband Lee unveils his 'true wealth source'

Katie Price's partner, Lee Andrews, has recently unveiled the actual origins of his wealth and promised to "unveil his true self."

The entrepreneur residing in Dubai, aged 41, refers to himself as a multimillionaire. He disclosed to the Sun his aspiration to acquire a significant portion of Chelsea Football Club this year for an astounding £2 billion.

However, there are uncertainties about his financial sources since his eco-friendly vehicle company, Aura Worldwide Holding Limited, was quietly dissolved in 2024.

Lee shared that he earns between $2 million and $5 million each year from the American stock market, yet that falls short of funding his dream of being a Premier League chairman.

He has now disclosed an additional profitable revenue stream, which remains undisclosed until now, reportedly from a former engagement with an enigmatic Russian official and a 'repatriation program' involving the US Federal Reserve.

He exclusively conveyed to the Sun: “I believe it’s time for people to encounter the authentic me as opposed to the image.”

Katie Price's awkward reply when Junior questions, ‘Why did you marry so hastily?’

In a candid revelation about his financial dealings, Lee mentions he moves vast sums of money into the US Treasury: “This wealth accrued from a past relationship. Her identity shall remain confidential.

“She’s a prominent Russian official, and this wealth accumulated from various agreements and deals when I was delving into the Russian energy market."

“These funds belong to me, they are where they are, without revealing further details.”

Clarifying the fund transactions, he elaborated: “I’m depositing most of it, triggering a redemption, as the US needs to reclaim most of its currency. I think this is by royal command, as requested by [Donald] Trump currently.

“I receive 65 cents on the dollar for every £100 million package, so 35 [cents] is directed elsewhere, accompanied by an amnesty letter, allowing me to bank it legally.”

As per the Federal Reserve Board's site, individuals cannot directly repatriate funds through the US Federal Reserve, as it only caters to foreign central banks, governments, and international bodies — not private citizens or foreign money.

The site suggests individuals utilize commercial banks, financial entities, or money transfer services to send funds to the US.

Non-US citizens are allowed to transfer funds into the US, but must adhere to strict regulations.

In an earlier discussion, Lee tried some of the 12 languages Katie claimed he speaks, including a bit of Russian, though he remarked: “With a Russian speaker, I tend to converse better with them.”

Lee talked about acquiring a fresh £36 million home on Dubai’s illustrious Palm Jumeirah, though he hasn’t showcased the property yet.

Yesterday, he mentioned he is heading to the UK on May 1 to reside with Katie for at least two months before they return to their split living arrangements between England and the Middle East.

He explained the temporary move is because they want to be together and Katie has family and work obligations to attend to.

In her recent podcast with sister Sophie, Katie nearly confirmed Lee’s inability to leave Dubai due to a travel ban, stating: “You can get a travel ban for pretty much anything.”

Lee’s financial situation drew attention since his unexpected marriage to Katie in January, just days after meeting each other.