Sources Reported in March 2022 that then-Prince Charles was prepared to provide most of the money Prince Andrew needed to complete his settlement with Virginia Giuffre, who had sued Andrew in New York alleging that Jeffrey Epstein and Ghislaine Maxwell trafficked her to him for sex when she was 17. According to the report, Charles was expected to lend Andrew as much as £7 million, with Queen Elizabeth II also contributing private funds, because Andrew did not have enough readily available cash to meet the settlement deadline. The arrangement was described as a family effort to prevent the civil case from proceeding to trial, with the monarchy deeply concerned about the damage another public examination of Andrew’s Epstein relationship could cause. Andrew continued to deny Giuffre’s allegations, and the settlement contained no admission of liability.
At the time, the plan was for Andrew to repay Charles and the Queen once money arrived from the sale of his Swiss chalet in Verbier, which was valued at roughly £17 million, but the sale proceeds were not expected quickly enough to satisfy the settlement timetable. The report also said Charles had been among those urging Andrew to settle after the possibility arose that he would have to give sworn evidence in the case, raising fears inside the royal family of another spectacle resembling his disastrous 2019 Newsnight interview. The episode underscored just how dependent Andrew had become on the institution surrounding him: after years of controversy over Epstein, he was reportedly unable to finance the resolution of Giuffre’s lawsuit on his own and instead relied on private money from his mother and older brother to make the case disappear before it ever reached a courtroom. Later reporting has disputed whether Charles ultimately contributed personally, but the 2022 report specifically described him as the principal source of the proposed loan.
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