Prince Andrew sells Swiss ski chalet to British family for £19 million. See details

Prince Andrew has finally managed to sell his Swiss ski chalet, which he has been attempting to sell off for the last two years. According to sources, he has made the sale to a British family for about £19 million.

Reuters
The Duke of York, Prince Andrew, 62, has been facing a legal law suit for allegedly making love to an underage girl in 2001. Andrew, who denied all charges brought on him by the girl Virginia Giuffre, subsequently agreed to a settlement, rumoured to be around £9.8 million. Sources indicate that the mounting legal costs, including the settlement amount, are the primary reason for selling the Swiss ski chalet.

The family black sheep

Prince Andrew is often called the disgraced royal. However, it is not only his sexual abuse of the underage girl; the Duke of York is known to be friends with the convicted paedophile Jeffrey Epstein and the alleged human trafficker Ghislaine Maxwell. He is also known to be involved in several business disputes, among which is a case where he seems to owe a couple around £1.6 million.

A French socialite Isabelle de Rouvre, to whom Prince Andrew owed around £6 million, opened up to the media with nasty comments about him.


Following the negative impression created around Prince Andrew, particularly the sexual abuse allegations, he (Andrew) has become reclusive and has withdrawn from public life.

FAQs:

  1. Who is Prince Andrew?
    Prince Andrew is the third child of the late Queen Elizabeth II and the younger brother of King Charles. The 62-year-old is ceremoniously referred to as the Duke of York.
  2. How big was Prince Andrew’s Swiss chalet?
    The house had seven bedrooms besides a sun terrace and bar. The other luxury facilities in the chalet were an indoor swimming pool and a sauna.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › UK News › Prince Andrew sells Swiss ski chalet to British family for £19 million. See details
Text Size:AAA
Success
This article has been saved

*

+