Lee Andrews has explained how he actually made his money, following his announcement that he intended to invest in Chelsea Football Club.
Katie Price’s fourth husband previously hinted at being very wealthy, but in a recent interview, he admitted it was all a show and he’s now being honest.
Lee now states he earns between $2 and $5 million annually from the US stock market, which is approximately £1.5 to £3.5 million.
The Sun reports that he also earns money through a connection to a Russian official and a supposed program involving the US Federal Reserve to bring funds back into the country.
Lee stated he is choosing not to reveal the woman’s identity, but indicated she is responsible for transferring ‘millions’ of dollars to the US Treasury.
He started by saying: ‘I think it’s time people met the real me rather than the facade.’
Lee explained that he’s converting most of the funds, meaning they’re being exchanged back into US dollars at the government’s request. He believes this is happening due to a recent directive from Donald Trump.
For every £100 million worth of goods shipped, I receive a refund of 65 cents for each dollar. The remaining 35 cents is accounted for, and I have a letter confirming this, allowing me to deposit the funds legally.
The Federal Reserve says people can’t send money back to their home country through the Fed itself.
Generally, only foreign central banks, governments, and international organizations can directly transfer money into the US. Individuals must use commercial banks or other financial institutions for these transactions.
Okay, so everyone’s talking about Lee saying he’s got more money now, but honestly? Even if everything he says is true, it’s still nowhere NEAR enough to actually buy Chelsea! I’ve been crunching the numbers, and it’s just… not happening. It’s frustrating because I want him to be able to, I really do, but let’s be real, Chelsea deserves an owner who can really invest, and this just isn’t it, even with his new claims. I’m obsessed with the club and just want the best for them!
The businessman previously claimed he had links to Elon Musk – the world’s richest man.
Several of his former girlfriends have accused him of being a con artist and warned Katie, a mother of five, to end the relationship immediately.
I’ve been following this story closely, and it’s just awful. Apparently, Alana Percival, who was engaged to him just four months before he married Katie Price, is claiming he completely misled her. She says he took money from her under false pretenses and exaggerated everything about his life – his wealth and even his accomplishments. It’s a really upsetting situation, and she deserves to be heard.
Even though Lee claimed he was free to travel, Katie confirmed that Dubai authorities have, in fact, banned him from leaving.
Reports surfaced that he was held in a Dubai jail for three weeks, accused of fraudulently obtaining a £200,000 loan using his former girlfriend’s signature. However, he claims he did not commit this act.
As a result, Lee is said to be banned from leaving the country.
Okay, so there’s been some confusion about whether he’s allowed to travel, but on my latest podcast with my sister, we cleared things up. He is actually under a travel ban, despite what he’s been saying. It’s a bit of a surprising reveal, but we wanted to set the record straight.
She explained: ‘Of course I’m going back to Dubai and Lee will come here when he needs to.
He’s lived in Dubai for over two decades – it’s his home and where he works. Eventually, he’ll return to England, and we’ll be together then.
Despite previous statements, reports surfaced this week suggesting that worries from her family regarding her husband, who lives in Dubai, were causing problems in their marriage. He publicly denied these claims on Thursday.
Lee Andrews created a fake news post on Instagram announcing his return to the UK, jokingly claiming he and his partner are committed to moving in together in May, with a wedding planned for later this year. He presented it as if it were a real news article, stating they are ‘stronger than ever’.
Someone close to Katie’s family shared with The Sun that Katie felt like she was living in a dream when Lee fell in love with her, proposing with a diamond ring and overwhelming her with affection.
Look, I adore Katie, I really do. But even I started noticing she wasn’t herself. It wasn’t just strangers online, it was people who genuinely care about her – her friends, and especially her family, who she’s always been incredibly close to. They were worried, and seeing them upset… it started to really bother me, because it was clear something wasn’t right, and it was taking away from how amazing she usually is.
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2026-04-17 18:34