Prince Andrew’s Costly U.S. Court Battle Puts Strain on Finances

Jan. 31, 2022, 2:00 PM UTC

Prince Andrew is approaching the toughest legal fight of his life and one thing is sure: it won’t be cheap, whatever the outcome.

The disgraced royal is facing seven-figure legal fees -- at least -- if Virginia Giuffre’s sexual abuse suit goes to trial, according to two lawyers surveyed by Bloomberg, while the cost of settling is expected to be well in excess of $5 million. With a personal fortune estimated by his private bank at 5 million pounds ($6.8 million) in 2017, funding the fight will be a challenge.

“He has no good options in front of him,” Mitchell ...



Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.