Kate’s biological mother is facing serious financial troubles from her own business.
The children’s event decoration brand Party Pieces of Carole Middleton – Princess Kate’s biological mother – is sinking in huge debt and this is not good news for the Middleton family. It seems the situation has gotten so bad that Carole is “trying” to protect her daughter Kate from her financial worries.
British newspaper The Times published a report analyzing Party Pieces’ bankruptcy, noting that “the company has fallen into debt management with debts of up to 2.6 million pounds (equivalent to 82 billion VND)” The company’s assets are also said to be “insufficient” to pay the unit handling the takeover and restructuring of the company.
“Carole is trying her best to keep Kate fully focused on her recovery,” according to a source provided to Us Weekly. “This is a stressful time for the family but Kate’s parents do not seek help from their children and do not want them to worry. Princess Kate and her parents are very close and they are in regular contact with each other.” , but business talk is limited as Kate needs to focus on her health.”
Meanwhile, royal expert Afua Hagan said, “Carole will do all she can at this time to prevent her daughter from worrying while Kate is undergoing chemotherapy. This is a difficult time and she “We will do our best to protect our daughter from this. Party Pieces has gone bankrupt and it has hit the family hard, but Carole is most concerned about Kate’s well-being at this time.”
After news of the bankruptcy spread, public opinion became curious about the royal family’s reaction to the incident. In an interview with Us Weekly, royal expert Christopher Andersen said, “No one in the royal family feels embarrassed about the failure of Party Pieces. Between King Charles and Princess Kate’s battle with cancer, The last thing they care about is Kate’s mother’s family’s business debt.”
Andersen also affirmed that, “Kate’s family is still very wealthy. People should not misunderstand that the Middleton family is bankrupt, that is not the case. Their business failed for completely external reasons. control, but that doesn’t mean they lose all their assets.”
According to Andersen, Ms. Carole still has a “considerable” fortune; he added: “The party decoration business that Carole founded prospered for many years until, like many others, it collapsed due to COVID-19. For nearly two years, no one organizing children’s parties and the aftermath has had a devastating impact. The entire market that Party Pieces serves has gone downhill.”
News
Kim Kardashian credits North West, 10, for taking her sultry vacation pictures in Turks and Caicos
Kim Kardashian revealed her daughter North West, 10, was responsible for snapping her latest travel pictures from their tropical getaway to Turks and Caicos last week. While sharing a slew of envy-inducing…
EXCLUSIVE: Hunky Italian model says he’s been fired from working as greeter at Met Gala after his good looks upstaged Kylie Jenner during last year’s ceremony
An Italian model has revealed he’s been fired from working at this year’s Met Gala because his rugged good looks upstaged stars including Kylie Jenner. Eugenio Casnighi, 26, who…
‘Greedy’ Meghan Markle is ‘being laughed out of Hollywood’ by A-listers: source
Meghan Markle might be one of the most famous women on the planet — but Hollywood power players are purportedly less than impressed with her showbiz prowess….
Rihanna And ASAP Rocky: A Timeline Of Their Relationship
In 2020, it was reported that Rihanna and ASAP (or A$AP) Rocky had turned their friendship up a notch, elevating them to couple status. Following in the…
King Charles and Princess Kate’s Very Different Reactions to Cancer News
The royal family’s current health battles have “forced them to really think about what matters,” with King Charles III and Princess Kate channeling their focuses in two very different directions, Newsweek‘s chief…
A$AP Rocky Beats Rihanna While Trying To Protect His Side Chick From RiRi…
In a recent turn of events, A$AP Rocky finds himself making headlines not for his music but for his unexpected clash with Rihanna. The rapper, known for…
End of content
No more pages to load
Relative Articles
None found