The spotlight never leaves the royal family. Their every action is meticulously watched, and individuals who are accepted into the royal family’s inner circle typically come from affluent and powerful families themselves. Carole Middleton, Kate’s mother, is quite wealthy.
The sum of money that Carole Middleton has amassed is enormous. Michael Middleton, her husband, should be given equal credit, though, because the couple built their fortune together. Let’s investigate how wealthy Carole Middleton is.
Carole Middleton Net Worth
Together, Carole and Michael Middleton are worth an estimated 55,652,210.00 million pounds ($67 million). Party Pieces was established by Carole Middleton and her husband in 1987. The company provides products for children’s birthday celebrations.
The Middletons’ Rise to Wealth
Hello! magazine claims that Carole and Michael Middleton met while working for British Airways, when they both held positions as flight attendants and flight dispatchers, respectively. They tied the knot in 1980 in Dorney, Buckinghamshire, at the Church of St. James. Carole and Michael were married for seven years before they decided to launch their own children’s party supplies business, Party Pieces.
“In January 1987, when I was 6 months pregnant, I decided to take myself off to the Spring Fair in Birmingham where I found a good selection of suppliers,” Carole wrote on the company’s website. “From there the idea evolved. I produced a little flyer which I circulated in local playgroups and very soon I was using our garden shed as a picking/packing room and office.”
Hello! Party Pieces is their main source of income and is estimated to be valued at around $40 million.
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From a $540,000 Home to a $8 Million Mansion
The Middleton children reportedly spent their formative years in a $540,000 home in Vernham Dean, as reported by The Telegraph.
The Middletons bought a home in Chelsea, London, in 2002, where Kate, James, and Pippa now reside. In 2011, the property’s value had risen to almost $1.6 million, according to public records, and there was no mortgage on the property.
Carole and Michael bought several properties in Bucklebury, Berkshire, in 2005, expanding their real estate portfolio. One of the homes had a reported purchase price of $1.3 million and was paid for entirely in cash. They have around $1.75 million in separate commercial properties.
Carole and Michael own a mansion in Bucklebury valued at $8 million.
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