Los Angeles Times·3 min read·medium

King Charles III paid $2 million to cover cost of ex-Prince Andrew's departure from Windsor estate

D
Danica Kirka
King Charles III paid $2 million to cover cost of ex-Prince Andrew's departure from Windsor estate
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King Charles III paid $2 million to cover debts owed by Prince Andrew following his departure from the Royal Lodge. The payment was made from the King's private income to settle costs related to the property's condition.

Why it matters

The payment highlights ongoing financial and reputational management within the British royal family regarding Prince Andrew's controversial associations.

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King Charles III paid $2 million to cover costs owed by the former Prince Andrew, his younger brother, after he was forced to move out of a crown-owned home near Windsor Castle due to his links to the convicted sex offender Jeffrey Epstein. Charles loaned the money to his brother, now known as Andrew Mountbatten-Windsor, out of his private income to ensure that the Crown Estate was paid on time, a person familiar with the payment said Friday. The revelation came after the Crown Estate, which manages crown properties, said Mountbatten-Windsor was charged $2.4 million due to the dilapidated state of the property and received a credit of $400,000 as compensation for the early surrender of his lease. That left him with a debt of $2 million, which the king paid.

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