Apparently, things are not looking good in the Middleton family. Carol and Michael Middleton, Kate Middleton’s parents have opened their business ‘’Party Pieces’’ in 1987. According to The Sun, their business is on the edge of bankruptcy, as they had to let go 3 of their employees, and according to the outlet, the fourth one is about to be fired. It remains to be seen if the family can get out of this financial problem they have found themselves in.
How did Carol and Michael meet?
Carol and Michael met while working for British Airways. Carol was a stewardess, and Michael was a flight dispatcher. They got married in 1980, and they have three children together, James, Kate, and Pipa. Their idea for business stated when Carol started selling bags and decorations for children’s birthday parties.
Their fortune
Since 2005, Carol and Michael Middleton started investing in real estate. They own a few commercial buildings worth around 1,75 million dollars. Michael also inherited a fortune from his father in 2010, which was split amongst Michael and his three brothers.
Middleton family’s net worth is around 67 million dollars, and that means that Kate already had a small fortune on her own before marrying Prince William. She was even working for ‘’Party Pieces.’’
James Middleton problems
James Middleton is the first child of Carol and Michael Middleton. After facing his own financial loss, he decided to start all over again, and Pipa’s husband helped him out. He employed him as a guide in his hotel, which is one of the luxurious hotels in the world. One night in this hotel costs 25 000 pounds.
Source: avaz.ba