Prince Andrew is gearing up to sell his only property, a $23.7 million ski resort chalet in Switzerland, according to reports. The beleaguered royal, who is facing a sex assault suit in the U.S., will use the funds to settle a lawsuit accusing him of not paying $9 million that he owed on it.
He bought the home in 2014, reportedly with help from his mother, Queen Elizabeth. Now that the sale is imminent, the lawsuit has been withdrawn, and will be settled out of court. Currently, Andrew is living with his ex Sarah Ferguson at his mother’s Windsor estate.