RoyalGossip 2010 Archive: The Middletons

Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: June on December 04, 2010, 10:34:26 am
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Good post, mousiekins. :thumbsup:

The only thing literally that is preventing a referendum being held in Oz, is respect for the Queen. It has been declared many times that to hold another referendum in her lifetime would be disrespectful. No matter what my feelings toward the BRF now, that republican movement is unstoppable in Oz. And, when Australia goes, I believe that NZ, then Canada will follow. :sigh:

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: spookyboo on December 04, 2010, 04:01:41 pm
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Seems to not only to be an issue for the Midds, wonder how long before more questions are asked about their finances?
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Mayhem in Oxford St as protesters target stores including Topshop's flagship branch over firms avoiding tax bills
Activists protesting against tax avoidance by big businesses forced one of Britain's busiest stores to close its doors for around three hours today after demonstrating against Sir Philip Green's tax bills.
The UK Uncut group is targeting high street stores - including Sir Philip Green's Arcadia group outlets such as Topshop and Burton - in 20 towns and cities in protest at the tax strategies used by some of Britain's biggest businesses


Read more: DailyMail (http://www.dailymail.co.uk/news/article-1335632/Mayhem-Topshops-flagship-London-store-closes-protests-Sir-Philip-Greens-taxes.html#ixzz179vGPa72)
Found this line in the artile particularly gross!
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The retail magnate's business paid a £1.2 billion dividend to his wife Tina, who is a resident of the tax haven of Monaco in 2005, but Sir Philip has insisted he pays 'tens and tens of millions of pounds' in tax.

Read more: DailyMail (http://www.dailymail.co.uk/news/article-1335632/Mayhem-Topshops-flagship-London-store-closes-protests-Sir-Philip-Greens-taxes.html#ixzz179vv3VAB)

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Chloe on December 04, 2010, 04:08:22 pm
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I pretty much agree with your main idea(s). As I said before, this is in "theory" or what should theoretically happen in the concrete world. But it doesn’t. The guidelines and principles which are supposed to be followed and respected by people having such social positions and status, are not effectively applied by these people. There is a no match between those principles/rules and their (daily) actions as individuals who are (a) actually supported by taxpayers money (by being royals) (b) over 21 yo and therefore are supposed to act as responsible and independent people (that’s the definitions of being "adult").

This is my main point since the beginning. There is a discrepancy (or many I would say) between "theory" (principles/rules) and "practice" (actions) regarding royals. The terms and words you’ve used in your posts even transcribes that. If you look back, that’s the reason why I stressed:
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There is not much I can do about born royals but the ones that may or may not get in I can pray don't.
We usually use that when we know that it’s very, very, very unlikely that it happens IRL. It expresses: a hope, a wish, a ideological situation ---> thus a theoretical one. Not a concrete one.

By saying:
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It would have been nice to have someone scandal free
That’s an other way to express what it’s not happening IRL.

To my mind, that out of phase between the principles and actions (of royals) when you are not expecting and applying the same demands and exigencies on first and all people for whom you’re paying taxes for. It starts and begins with born royals. This is what happened after their "partying Princes" period.

William should have reimburse taxpayers for taking a military helicopter for his cousin stag party and for having used it for impressing his gf by landing it on her parents’ garden, whilst real soldiers were losing their limbs or lives on front lines. The army should have applied the same sanctions on him as it would have been applied for any soldier who use such equipment without having an authorisation from its hierarchy. It was unbelievable that few years ago, during his itw @ Saint-Andrews he said that he didn’t "want to be mollycoddled" or that he bleeds as any other human.
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Princess Michael is very low on the totem pole so to speak she is a nothing in the press.
Kate on the other hand will be Princess of Wales then Queen she is more important.
Princess Michael is still part of the BRF. The lifestyle (esp. her special "rent" @ Kensington) she has been living on is due to that. Plus she is regularly exposed by the press. They even nicknamed her "pushy Princess". So to speak, she isn’t nothing particularly into UK tabs who can make and break public figures.

Camilla is the current PoW and she hasn’t been more "working" than Kate, whether it was before or after her marriage. It hasn’t surprised me that Big Willie marries his, for the last past 7 years, onoff Babykins whom was still living off her parents at the age of 28yo. Even keeping a part time job, where she could come and go whenever she wanted to and having tasks such as making the tea..., was above her strengths... after she was dumped by phone by her bf, now fiancé. It makes one dream!
After all, Charles could marry his onoff mistress for the last past 30 years, who is well-known for being the "most laziest woman in the UK"... among other things.. She even managed to get two men keeping her. Her children were socially helped thanks to these "connections". Charles was facing an investigation over his finances... he marries her... set a 1m£ trust fund for her children.

If royals were really believing that the pasts of people marrying into their familly really matter on the end, how people with these pasts can be part of/associated to such families whose bills are footed by taxpayers?
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As I said on another thread Britain is broke and we spend a fair amount of money keeping a Royal family. We do this because the Queen and PP work hard to help charities, bring in tourism and represent us abroad.

I agree about what you say on the Queen and PP. They are devoted into the job and tasks asked for their position. These roles were created to keep royal busy and to justify their status within the society. In return they got the privileges they got. So, there is no contradiction between the principles and their actions (role/position).

Just one thing on which I (fundamentally) disagree with. It’s about bringing tourism and therefore the idea that "royals help the economy". It were really the case, your country wouldn’t be into such economical state. An other example which illustrates my point: Paris, Versailles or New York.

The decisions taken by the government were all over the news, all over the world. I didn’t understand, how on earth, BW and BBks (2 British people, living in GB and who are able to read newspapers) weren’t aware about that. After reading that they were in holidays in October/November - i.e. about one month after the end of summer holidays - I thought: :think:
Well, this explains that. They are not still living into an other parallel world of their fellow people, but now they’ve moved into an other galaxy. Furthermore, now, they wanna to get married after being into an OnOFF relationship for the last past years. That sounds promising after the divorces of how many people into that family? I can’t wait for the next episodes! These royal series are kind of a crossed one between: X-Files, the Days of our Lives and Dallas!! :cookie:

Since 2007 with the subprimes crisis in the US.. economists and people working in finance/markets never have been optimists... The following events since 2007 show them right: Madoff, Lehman&Brothers.

I remember on that day, Wombat posted on the RT the front page of the Express... where WK or BBks as you prefer was splashing her intimate parts in her famous yellow hot pants @ a "charity" for children... my coffee cup slipped into my fingers... and my laptop was damaged! :pc-problem: that’s why it’ll always be printed into my memory.
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When the Queen dies it will be a turning point, even those who a Republicans like the Queen and respect her hard work but when she is gone I think things will change.
True. But I am much more dubious over the fact that things (at the least in the UK) will change when she dies. They’ve already started with the PR spins "Charles must be King" or the stupid article about "popular" William supports his father. Despite the Independent and BBC researches proving that it is impossible... they made C&C’s marriage happen and make eat people that Camilla will prefer to use the title "Princess Consort" or that she will "work" "hard"... L O L

Right now, taxpayers are footing the bills for her security (including the one at her Raymill house), she’s got technically the title Princess of Wales, has a pretty good lifestyle...

If they could make people eat that among other things, I hardly believe that British would do something. Despite of what the majority of them are facing IRL (unemployment, education, housing and food difficulties), I think that they will continue foot the bills for royals - even those who doesn’t deserve it.

See even William doesn’t mind throwing out a lavish wedding by deciding to marry to his OnOFF lazy BBks, after having proposed while being in holidays in Kenya in October/November! At the same time students (even those in med school) got their uni fees being increased, about 500,000 jobs were suppressed, the country (UK) has an enormous public debt and so and on.

On that day, I’ve thanked God to live into a Republic!
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The wife on William needed to be someone we like to keep the Monarchy going.
Finally, let me ask you a question:
Why/for what reasons, to your mind, (as his father or others) does he has not chosen (even tried) to settle down such a person?

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Chloe on December 04, 2010, 04:55:45 pm
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I will reformulate my question and rather will ask you more questions:

1. Why (for what reasons), to your mind, (as his father or others) does he has not chosen (even tried) to settle down such a person?

2. Why (for what reasons), to your mind, during these times... he will decide to marry his onOFF, undergraduate, middle class and lazy gf if really ( I mean genuinely) he would have thought that actually British people, his family and institution matter?

3.a. Why (for what reasons), to your mind, don’t you think that it is just old patterns being repeated by young royals where within today’s media and technological time, their actions (or lack of) are just more visible?

3.b. a subsidiary and related question to the one above: if there weren’t just old patterns being repeated in very subtle ways... in order to on which principles and purposes the system (the monarchy) is really based on:

Why (for what reasons), to your mind, senior royals do not demand to young generations to work, earn their own bucks and merit each and every thing they got as anyone on this earth.... if they were really meant to serve people, the general interest and their country?

4. Why (for what reasons), to your mind, (most/many) people on royal forums and UK tabs - supposed to be "close" to people... or at the least being in touch with the real world of our galaxy - have been supporting someone like Kate?

5. Why (for what reasons), to your mind, did William tell to his father and granny, the Head of State of UK&CW, only few hours before the engagement will be made public - i.e. around @ the same time of the press being present for the photo call and itw - if they were that important/significant to him?

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Scarlet Flowers on December 04, 2010, 04:58:58 pm
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I don't think it's anyone's business. I certainly wouldn't like someone digging around in my finances.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 04, 2010, 05:04:58 pm
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Here's a thought: when a politician gets voted in, it's accepted that since he'll be making laws and choices taht affect the nation, he/she is public property. Kate is going to be representing the country, wearing tiaras with centuries of history, and also be living in Palaces with centuries of history and wearing the finest couture while eating the finest foods off of the finest plates and enjoying the company of the highest ranking in the world.

Her reputation is going to also represent the reputation of the nation/Commonwealth. This isn't just England. Secondly, if her family is making money out of drugs and exploitation, how on EARTH is she supposed to inherit the patronages where she works with addicts on a daily basis? Or exploited children/women? Celebs do it, but this is on a different level entirely.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Chloe on December 04, 2010, 05:07:53 pm
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SF, don’t worry. As long as you’re not or going to be a public figure. ;-)

See MK... that’s why I don’t think that people/public in genera cares about such things. Therefore......

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 04, 2010, 06:15:20 pm
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Scarlet Flowers: It is very much our business, and will continue to be so. We support them via taxation. They represent this country here and abroad. I assume you are not from this country, therefore you probably haven't read today's (Saturday's) Daily Mail story about the Duke of York, written by a diplomat who had access to him during many visits he made to the Middle East as HM Special Representative. As one read the comments one could almost FEEL the anger and resentment at this buffoon. This is not going to abate. At present they have him in their sights. In time there will be others, one by one by one. IMO they won't get Anne, who is too astute and showed it in that interview, and I think people saw a Princess they can work with. And IMO they won't get Harry. He is as he is and people can see that he is genuine, and I'll wager they'll realise they can work with him too, and with Chelsy, when the time comes. I've always thought it a supreme irony that in HMQ AND PP we have such a superb monarch and consort, but the rest of this branch of the RF, excepting Anne and Harry, have caused much of the trouble. The other branches give no trouble, live their lives, work, take on public duties........

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 04, 2010, 06::23 pm
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I think that HM and Philip do their jobs almost too well, to the point where the rest of the RF have depended on them, like the Queen Mother was depended on to keep things together. None of the royals have stood on their own two feet since HMQM did so much, where HM and Philip do so much, so their heirs have no real challenges to overcome. It's the business of the taxpaying public and the people who will be represented abroad.

This is why the funds are being investigated, it's the business of the public and in the East, they have high standards of their leaders, which is why the countries are actually run pretty well. The leaders make the hard decisions while the people goi about their daily lives. Corruption destabilizes and discredits the regime, which is why the leaders are harshly punished, a corrupt criminal leader makes the country look bad, whihc causes the country to lose 'face.'

The monarchy has basically in many respects humiliated hte nation and if it's kept up, they'll be swept out. The Brits really ask for very little when you think about it and while the royals had mistresses in the past, considering hte options princes now have, there's no excuse for mistresses now and no excuse not to choose someone who knows the drill and knows how to behave.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: YooperModerator on December 04, 2010, 07:17:11 pm
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Kuei Fei you are right
Anne and Harry are doing well at the moment just like HM/PP, the others...well :unsure: they had there bad press moments from time to time!
Not all of them are their fault though I mean take the scandal with Sophie for example she wasn't to blame for that imo :dontknow:
The press sometimes searches for these things when news is slow

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 04, 2010, 07:29:22 pm
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Kuei Fei - Well said :thumbsup:

Akasha: The press doesn't have to search. There are many stories just waiting to come out. The RF are very very foolish. The press are going after them one by one, and why not if the misbehaviour is there. Aka Prince Andrew. It is no wonder poll after poll has voted Princess Alexandra their favourite Princess. Waity will never topple her from that position.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: mousiekins on December 05, 2010, 12:22:23 am
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Quote from: Scarlet Flowers on December 04, 2010, 04:58:58 pm
I don't think it's anyone's business. I certainly wouldn't like someone digging around in my finances.

As someone who lives of the money of the British people it is the British's right to know.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 05, 2010, 02:46:20 pm
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Or representing the country. Bad enough that Kate will have all those tawdry photos for delegates to look at (if they haven't already) and she'll be the feminine 'face' of Britain, but worse if she has an uncle who pimps 'young and fresh' girls in countries that have huge problems with that. And then drugs, going to countries who have firing squads for that will just LOVE having Kate over. Form here out, Kate is the business of the country, as are her interests and family affairs.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 08, 2010, 07:40:27 pm
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Has there been any update on Simon Gilligan's investigations and what he has discovered. He's a great investigative journalist and I do think the DT will persist, and publish if anything has found. I think all the broadsheets will whether they are pro or anti the RF. IMO only the DM has lost its objectivity and via Nicholls and is now bein bitten by the types of comments it is getting.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 08, 2010, 07:55:39 pm
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Someone is going to find something out and it won't be pretty. I mean, no one DREAMED that Tiger Woods was sleeping with all those women behind his wife's back; everyone so shocked, not just the infidelity, but the sheer number of women. At some point someone is going to find something out and then where will the RF be?

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Spitfire on December 08, 2010, 09:03:54 pm
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Sorry everyone, but slightly behind the ball on this thread as I only re-joined yesterday. Perhaps the question to ask is, "Who asked/suggested/insisted to Andrew Gilligan that he investigate the Middletons' financial situation?" What else is going to creep out of the woodwork?

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 08, 2010, 09:23:39 pm
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Spitfire: Good question but then remember how the DT came by all the details, stories about MPs expenses. I would wager that they have quite a lot of information that they are not yet publishing. Gilligan is investigating but the DT is a very careful, very solid publication, but when they have got the goods, as it were, they will go with it. If I were the Midds I would not be looking forward to the future with undiluted joy. And when the truth comes out as it will, their game will be up.
Some person, whose log on I didn't recognise came on and said "The Middletons are here to stay, get used to it". That was a pathetic bit of bravado on their behalf. If they fall they will be out, and it will affect Kate and William. She's not in yet and there's still plenty of time to upset the apple cart and get all the rotten apples out. There are other aspects of this story and I'm sure Gilligan and Co have this in hand as well. Whatever threatens the monarchy threatens them all. They didn't hold back from exposing the MPs and their expenses scandals.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Yooper on December 08, 2010, 10:00:34 pm
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There isn't a doubt in my mind that the media (especially the investigative sorts) are merely a sleeping giant. I'd sure like TMZ to get a hold of this. Nobody believed them about Tiger. They are, no question, at the bottom when it comes to doing anything to scoop it out, but their reliability quotient is very high. The US press are just waiting for proof of any kind of financial boondoggling. Be patient.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 08, 2010, 10:17:27 pm
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Yooper: Hi, and I don't think I've welcomed you yet, So welcome and hope you like it here :hello:
I'm sure you are right. We will be patient, but determined about this lot. Boondoggling?? I've never heard that before now. Great word!!

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: mousiekins on December 09, 2010, 01:58:54 pm
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I know some press may believe it is better to wait until after the marriage to release something but I think that would be wrong.

I am hoping for at least something to come before the wedding. We still have 5 months to go. Fingers crossed.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 09, 2010, 03:30:49 pm
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Totally agree Mousiekins. The furore after the engagement has not netted them as much as they thought it would, and this is also true in America, as we've been told. Something really good BEFORE the wedding might be a good deal better and of course we might then have a few good words for the media for "saving" us from this madam and her family. Also of course, in the long run, William might stand by her and her family and decide he doesn't want to be king in the end and then we get Harry (or Anne) :stars: :loveshower: :flower:

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: mousiekins on December 09, 2010, 04:42:05 pm
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Both versions sound good to me. :thumbsup:

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Yooper on December 09, 2010, 05:43:12 pm
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Quote from: MOSAIC on December 08, 2010, 10:17:27 pm

Yooper: Hi, and I don't think I've welcomed you yet, So welcome and hope you like it here :hello:
I'm sure you are right. We will be patient, but determined about this lot. Boondoggling?? I've never heard that before now. Great word!!

HA! Glad you enjoyed the word. It's fitting for the upcoming onslaught of information re all kinds of things. Thanks for the welcome, Mosaic.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 09, 2010, 05:49:24 pm
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You're very welcome Yooper. I want two things, a total onslaught on them that will stop any wedding, and William out of the line of succession, in favour of Harry or Anne. I can hardly wait.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 09, 2010, 05:57:34 pm
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If Uncle Gary wasn't enough for a split to occur, the nothing will be. After hte Uncle Gary discovery, he could have weaned himself off, but didn't. At this point HM is too muhc of a doormat or in denial.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Lieblich on December 09, 2010, 06:00:45 pm
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Unless they get some kind of hidden tape of Kate saying something really condemning (like "I reeled William in by faking pregnancy, then after the interview I told him I miscarried" or something horrible like that), the only way to get Waity out would be for William to wise up and cancel it all.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Yooper on December 09, 2010, 06:13:03 pm
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Quote from: MOSAIC on December 09, 2010, 05:49:24 pm

You're very welcome Yooper. I want two things, a total onslaught on them that will stop any wedding, and William out of the line of succession, in favour of Harry or Anne. I can hardly wait.

Do you, the British people, have ANY legal recourse to voice your option outside of the media? Petition, for instance? PW has already done what he considers the 'honorable' thing by marrying this woman, so I doubt he'd rock the boat if for no other reason than to be a gentleman, which is kind of doofusy. It's the rest of your life, dude. It would be a nice exhale if the thing was postponed, tho. Bad economic timing. Reallllllly bad. The more I read about Harry, the more I agree with Princess Di's comment about Harry being the better of the two to run the country. He's got charisma and a rebellious attitude that walks the line just right.

The Middletons are going to be egg on the face of the monarchy. I'd bet a lot on that.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: MOSAIC on December 09, 2010, 06:32:36 pm
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Yes Yooper, she also said that he would cope with it better and enjoy it. (i.e. not want to change everything in sight, or be full of angst like Charles, but as has been said, possibly modernise as and where it is viable). That to me sound like a very likeable, balanced young man.
As to your question Yooper, I think only the press can do anything now, if they're willing to that is. And of course HMQ, if she is willing to change her usual MO, and say her piece in no uncertain terms to William. I think even the Privy Council will defer to her, but if she will only give a lead she might be surprised at the support they in turn would give her.
By the way, just looking at the photograph of Wm and Km at the engagement photocall. Wow, what a jawline. Determination doesn't even begin to describe it. Blxxdy minded ruthlessness is more apt IMO.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Yooper on December 09, 2010, 07:14:49 pm
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I'll have to agree with you there, Mosaic, that's one determined young lady. That's cool and everything, but doesn't exactly give out that warm, approachable vibe. And she doesn't provide for any approving buzz, either. Doing nothing is not helping her cause. She's coming across as a hideaway.

And, um, why is there ZERO photo ops of her, the Middleton family and the royal family, showing a united front. That's kinda telling, isn't it? Or is that normal? It's very difficult for me, being so far removed from the politics of this, to understand things of that sort. Could it be because there really IS some shady dealings that are being hushed up and so there's a wait and see going on in the palace? I get the impression that they are wanting to distance themselves from the Middletons, at least until everything is open and kosher.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 09, 2010, 07:26:00 pm
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The Midds showed a unitd front during "campaign season" and now soon they'll begin to fall to pieces, unless Ma Midds decides she wants a royal match of her spud.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Spitfire on December 09, 2010, 07:37:36 pm
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How about the DoY for Pippa? (No comments about James, please!!) PA is still footloose and fancy-free and Carole will then have married both daughters into the RF! I imagine that Pippa's marriage rating is now stratospheric as a result of her sister's engagement.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 09, 2010, 07:41:13 pm
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Only among the jet set is it stratospheric. But I think Carole will go after Andrew herself, just you wait; Carole will want a more prestigious husband, Michael was just her stepping stone to a more prestigious match, after Kate married William.

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Spitfire on December 09, 2010, 07:48:12 pm
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Aaaarrrgghh!! Fergie was bad enough, but Carole....words will have to fail me here as I neither wish to be sued (pun for those in the "know"!) or red-carded from the Forum!

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Title: Re: Investigation Into Middleton Money - Daily Telegraph
Post by: Kuei Fei on December 09, 2010, 07:59:27 pm
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I think the Midds are poorer than we think and that is why Carole is rabid to find the best possible matches, so that way, when a crash comes, the family will be securely married into wealthy/aristocratic families. It would also explain why they won't be footing much of the wedding and HM/Charles are paying for the wedding.

Rather than live within their means, Carole acts like Mrs. Bennet on social steroids, pushing them to marry well instead of get careers and live securely on an income of their own. Whihc is parasitic.

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Title: Grandfather Middleton's mysterious £200k debt
Post by: True Brit on March 13, 2011, 11:07:59 am
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This is a fairly innocuous story from the DM until I read to the end. It concerns Mike Middleton's father's will and a comment about why a 90-year-old should have a £200k debt. It could have an innocent explanation but more grist to the mysterious stories of the Middleton's unaccountable wealth. After all one of the lines being peddled was the story that Middleton's had much inherited wealth (albeit shot down by Andrew Gilligan).

Seemingly not. There are frequent allusions to some trust fund but as yet no-one has been able to prove that such a fund exists. It may well have existed in Victorian times from the well-to-do side of the Middletons but such funds often dwindle to nothing over time.
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Kate Middleton's family are in line for a cash windfall of almost £100,000 – just in time to help fund the Royal wedding.
The money is from the estate of her 90-year-old paternal grandfather, Peter Middleton, who died last November.
Like Prince William, Mr Middleton was an RAF pilot who got his wings at RAF Cranwell. He later became a civilian pilot.

His father was a solicitor while his mother was from a Yorkshire family who built up a fortune as wool merchants and mill owners before investing in property and railways.

Details of his will show the widower, a father of four and grandfather of five who lived in Vernham Dean, Hampshire, left an estate of £647,758 gross.

The net sum after settling outstanding affairs and debts was £432,121.

His wife Valerie was named as beneficiary, but as she died in 2006, the sum is to be shared between the couple’s four sons.
Of the total legacy, £325,000 is exempt from inheritance tax. The remaining £107,000 will be subject to 40 per cent death duties.

That will leave the brothers a share of £97,300 each from the £389,2000 remaining after tax.
Kate’s parents, Michael and Carole, want to chip in with up to £50,000 for the wedding.
Andrew Kidd, a lawyer of City firm Silverman Sherliker, said: ‘It is unusual for someone of 90 to have debts of £200,000. It suggests there may have been some soft family loans.’

Mr Middleton was expected to have left a greater legacy but it is thought the money he inherited from his ancestors is in a trust
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Read more: www.dailymail.co.uk/femail/article-1365686/Kates-wedding-diet-just-Tangfastic-Bride-enjoys-bags-sweets-ahead-big-day.html#ixzz1GTZajaW1

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Title: The family fortune of the minted Middletons
Post by: Nighthawk on March 19, 2011, 12:27:40 pm
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The family fortune of the minted Middletons
www.telegraph.co.uk/news/uknews/royal-wedding/kate-middleton/8391216/The-family-fortune-of-the-minted-Middletons.html
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Royal ancestors and Yorkshire mill owners reveal Kate Middleton’s family to be far from the middle-class average, says Zoe Brennan.
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“The family was very well regarded and friendly with everyone locally. They lived in a fairly large, £400,000, 1960s house in Vernham Dean with a huge garden, where Kate used to play as a child. The neighbours rallied round and cared for Mr Middleton when he became weaker towards the end.”

The local paper, the Andover Advertiser, largely left the family alone – despite their increasingly high profile nationally. “There was a great deal of loyalty to them locally,” says reporter Steve Dancey. “We came to an agreement that we wouldn’t bother them.”

A family friend says Kate was a regular visitor to her grandfather. “When Peter was poorly she made every effort to come,” she says. “They are a very close family.”
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Kate delayed the announcement of her engagement to Prince William because of her grandfather’s death – making the news public four days later.
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So how wealthy are the Middletons? They are certainly better off than the average middle-class family. They own a flat in Chelsea, London, used by their children, Kate, 29, James, 23, and Pippa, 27 – who works for Blue Strawberry, an upmarket events company. This was bought with cash for £780,000 in 2002 and is worth some £1.2 million now. Land Registry records show there is no mortgage on it.

The family has an £11,000-a-year membership of the exclusive Queen’s Tennis Club in west London. They also own a string of properties in Bucklebury, Berkshire – including their own wisteria-clad £1 million detached house, and commercial outbuildings worth some £1.3 million. Much of this land was bought, again in cash, in 2005.

From here, the Middletons run their company Party Pieces, an online supplier of children’s party paraphernalia that employs a team of 30. This trades as a partnership, so the accounts are not public – but it is not believed to be the main source of their wealth. Accounts for a competitor show profits of only around £130,000 a year.

man the press are doing there best to sell this family :rolleyes:

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 19, 2011, 04:23:22 pm
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I have to wonder, how many mortgages to the Midds have? If they were so flush with cash, Kate would have been living a very different lifestyle than the one she's been leading for some time. A lot of posh people are very indpendent and if they do live poshly, there is usually a different way of showing it, usually behind closed doors. The family fortune is still questionable because the fortune is mainly on the side of Kat'es father, not Carole certainly. If her grandfather died in debt, then something IS up.

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Title: Re: The family fortune of the minted Middletons
Post by: mousiekins on March 19, 2011, 04:43:01 pm
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rumour has it there is 2 mortgages on the Middleton's Berkshire home

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 19, 2011, 04:: pm
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Two mortgages is not a good sign of financial stability; in fact, the very reason the economy has gone to pieces is because people were taking out loans and using their homes as collateral.

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Title: Re: The family fortune of the minted Middletons
Post by: Earth Angel on March 19, 2011, 05:28:11 pm
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Well, trust funds usually indicate a higher standard in living and behaving. Somewhere along the line The Middleton's refined lifestyle was lost on the most current generation. And making their children find their own way in the world? Perhaps James needed to get a bank loan, but that is hardly pushing him out of the nest! They paid for their children's flat, their children's educations, which James squandered, and they've financed the selling of Kate to William, among other things. Really, no one in the know can disagree with the perspective that she marketed herself back in 2007. And just because many women do so doesn't make it right. ...

Also, why is Kate's social stature determined by the amount of money her family has and not the social skills and business accomplishments she, herself, or her immediate family can be credited with? Kate apparently couldn't manage to start her own business like she wanted to out of college! And James, well neither his nor Party Pieces are lucrative business. Ahhh, I know the answer as to why The Middleton's have nothing going for them except William and money~it's all about the money!

Where's the brains behind the business? Long dead. :James:

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 19, 2011, 05:35:08 pm
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Quote
Also, why is Kate's social stature determined by the amount of money her family has and not the social skills and business accomplishments she, herself, or her immediate family can be credited with?

I'm ashamed to say this, but in the US, we have the tendency to do that. :thumbsdown: As for the money, the tabs are infatuated with money because of the antics that the Midds and others like them are up to because they have so much of it.

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Title: Re: The family fortune of the minted Middletons
Post by: True Brit on March 19, 2011, 07:55:52 pm
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Well for a start there is a female cousin not just two boys and she's a top solicitor. It's easy to say the trust fund is substantial as its not been made public so no-one can prove or disprove this. The article also dfid not mention the "unusual" £200,000 debt by MM's late father. If there was so much money from the trust fund why di he leave such a debt?

I'm definitely not buying this one. It's a weapons grade whitewash job aimed at diverting everyone's attention from the truth of the Middleton's money (whatever that may turn out to be). NO mention of Uncle Gary I see.

Do you know if I didn't know better I'd swear someone has been reading our comments and fact finding and asked the DT to stamp on the story. Methinks someone doth protest far too much.

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Title: Re: The family fortune of the minted Middletons
Post by: The Chocolate Princess on March 20, 2011, 12:51:46 am
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What does is matter how much money the Middletons have or don't have?? :dontknow: I never cared for this kinda discussion. I like Daniel of Sweden and I wouldn't like him less if his parents were any poorer, nor would I like him better if they had a few millions.

What difference would it make if the Middletons would have 3 Millions? They still don't know to behave or to dress. Pippa and James are some wild party animals and you can clearly see how all of them strive to social climb their way on top.

What does it say about a family with mortgages? Are they lesser people? My parents had mortgages on our house to finance our business, too, so what? (http://i42.photobucket.com/albums/e329/The_Chocolate_Princess/smilies/flirt.gif)

Wasn't the telegraph a more republican-ish newspaper? :unsure: Why does it adore Kate and her family now? :bored:

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Title: Re: The family fortune of the minted Middletons
Post by: Nighthawk on March 20, 2011, 12:56:40 am
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telegraph has always had there noses up the Midds A**es. It's not the money that I care about with the Midds it's the lifestyle and the raising of their children that concern me. BTW I am curious who's forking the 500k for WK to sit in jags to arrive at her wedding

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 20, 2011, 01:43:57 am
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Quote
BTW I am curious who's forking the 500k for WK to sit in jags to arrive at her wedding

The taxpayer of course!

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Title: Re: The family fortune of the minted Middletons
Post by: True Brit on March 20, 2011, 02:47:27 pm
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Hi CP. I would normally agree with you that usually it doesn't matetr how much money people have but with the Middletons there is something not, quite transparent about it all. I suspect the DT article was put in under pressure from their side of the camp to try and give some respectability to their lifestyle. At least Daniel had built up his health club empire and it was transparent and he could be admired for all his hard work.

Unfortunately KM doesn't have any work ethic and her parents have been able to finance a fairytale lifestyle for their offspring and people are quite rightly asking how they have done this. We know they are registered offshore so at best it's tax reduction which, whilst perfectly legitimate loophole, it looks pretty hypocritical when the taxpayer is footing the bill for security and all sorts of things to do with KM and this wedding.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 20, 2011, 05:03:49 pm
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Someone is going to find out exactly how much they have and I think their lifestyle IS a fairytale, built on nothing but airs and graces, with debt in actual numbers.

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Title: Re: The family fortune of the minted Middletons
Post by: Nighthawk on March 23, 2011, 01:36:35 am
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Middletons wealthier than they appear
www2.canada.com/calgaryherald/news/story.html?id=265b8c0c-c103-47c4-9543-7e0e6cb55273

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Title: Re: The family fortune of the minted Middletons
Post by: Wombat on March 23, 2011, 02:01:38 am
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The grandfather living in a £400,000, 1960s house in Vernham Dean means nothing to his own levels of wealth. He could have bought that house in the 60's for a minute amount of money. Property prices have risen substantially since he would have bought that house. Looking at house prices in this area £400,000 is between average and lower end before the market fell. My feeling is Grandpa Middleton had no money. So there must be another benefactor for Kate. Uncle Gary just won't quit coming to mind. :think:

Back to the Middleton's: So given the change in property prices from when they bought it to today, I reckon they still paid substantial amounts for their properties.

My estimates:
£780,000 for the Chelsea flat
£750,000 for their detached house
£900,000 the outbuildings

If we're to believe that they paid cash for the Chelsea flat and the outbuildings --> £1,680,000 in cash. Where the hell did they get that sort of cash from? That's an amazing amount of cash even for success business owners. Considering the cash flow they must have been putting out each year for family expenses and business expenses, I can't see how they afforded to pay cash.
Quote from: The Chocolate Princess on March 20, 2011, 12:51:46 am
What does is matter how much money the Middletons have or don't have?? :dontknow: I never cared for this kinda discussion. I like Daniel of Sweden and I wouldn't like him less if his parents were any poorer, nor would I like him better if they had a few millions.
It matters because it goes towards who these people are. If they're not being transparent then in my mind, rightly or wrongly, they have something to . Even the Queen has to be more transparent then these jokers. :thumbsdown:

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 23, 2011, 03:00:32 am
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Quote
My estimates:
£780,000 for the Chelsea flat
£750,000 for their detached house
£900,000 the outbuildings

This is a description of assets, not liquid cash in the bank. I'm more than sure people have heard the phrase "land rich and cash poor." The Midds have assets, but they might be mortgaged to the hilt on all of them; with real estate as low as it is and taxes high, plus no one buying, they are in a tight fix if in fact they are mortgaged and still paying taxes on these pieces of land and then still trying to liquidate. If they want to sell their current home, they are going to have a hard time doing it since no one smart is buying and prices are dropping. This is a hypothetical value since in fact, they might have to cut prices if they are eager to sell to a buyer, since land and homes are not in demand.

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Title: Re: The family fortune of the minted Middletons
Post by: Wombat on March 23, 2011, 03:06:01 am
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Just trying to get my head around how much cash these people have parted with over the years.

We need to work out their approx expenditure for an average year oer the past 10 years.

Starting with school fees, household costs, business costs, personal entertainment costs (holidays etc) and any other general costs involved in their day to day lives over the years. My guess is that theres no way they could sustain their lives for a decade on just the profit from PP and some properties in Bucklebury. They also employ 30 people. What would be the average wage of these people?

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 23, 2011, 03:07:38 am
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They have to be staggering, education costs alone must have been biting.

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Title: Re: The family fortune of the minted Middletons
Post by: Anne-Elliot on March 23, 2011, 03:18:10 pm
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Thought this quote from an earlier Telegraph article questioning the Midds finances is quite telling. I hope the journalist Milligan keeps digging.
Quote
Kate’s biographer, Claudia Joseph, has suggested that some inherited wealth on Mr Middleton’s side of the family played a part. In fact, this appears to be a red herring. Kate’s paternal relatives were prosperous merchants in 19th-century Leeds and it has been reported that her paternal grandfather, Peter, inherited the then equivalent of £1.3 million in 1951.

Probate records show, however, that it was £19,500 – the then equivalent of £480,000 – of which Peter Middleton’s share was only a quarter. Indeed, if Carole and Michael had inherited any wealth, they would probably have lived less modestly in their early married lives.


www.telegraph.co.uk/news/uknews/royal-wedding/8147929/Royal-Wedding-Middletons-money-how-was-it-made.html

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 23, 2011, 05:24:03 pm
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Quote
Probate records show, however, that it was £19,500 – the then equivalent of £480,000 – of which Peter Middleton’s share was only a quarter. Indeed, if Carole and Michael had inherited any wealth, they would probably have lived less modestly in their early married lives.

Ooooohhhhh, an expose!

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Title: Re: The family fortune of the minted Middletons
Post by: True Brit on March 25, 2011, 04:42:11 pm
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Peter Middleton only died last November (the funeral was just before the engagement). He was in his 90s and the probate records show he also left £200,000 in debts which the solicitor admitted was very unusual for a 90-year-old of his standing to leave such a debt. he attributed it to "possibly soft family loans".

WE know there was and probably still is a Trust Fund but even though there was a substantial (unspecified) amount put into it at the time that does not necessarily mean it is still substantial and it does appear it was intended to pay for family members' education. Further the solicitor who gave this statement may well be just trying to make it look better than it is.

Which could be a possible answer to who paid for the Middleton children's school fees - except for one salient point. Carole Middleton has stated on numerous occasions that she started PP in 1987 to "pay the children's school fees".

Yes Wombat I absolutely agree we should start a specific thread here (perhaps two threads) a timeline of their lifestyle and a list of facts about what we absolutely know - we can take Andrew Gilligan and the DT generally as 99.9% accurate as he would have been very aware of the litigineous nature of what he was writing.

Let's turn Sherlock on this shall we?

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Title: Re: The family fortune of the minted Middletons
Post by: mousiekins on March 25, 2011, 04:49:06 pm
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we shall. :thumbsup:

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 25, 2011, 04:59:22 pm
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Quote
Let's turn Sherlock on this shall we?

Once I'm able, I can pay for someone to investigate this. I don't know why I would, but heck, why not right?

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Title: Re: The family fortune of the minted Middletons
Post by: Yooper on March 25, 2011, 05:49:35 pm
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Quote from: Kuei Fei on March 19, 2011, 05:35:08 pm
Quote
Also, why is Kate's social stature determined by the amount of money her family has and not the social skills and business accomplishments she, herself, or her immediate family can be credited with?

I'm ashamed to say this, but in the US, we have the tendency to do that. :thumbsdown: As for the money, the tabs are infatuated with money because of the antics that the Midds and others like them are up to because they have so much of it.

Yes, we do, KF, but it is usually combined with HOW the money was made. We celebrate those who have earned their fortunes, but slay anyone who makes a fast buck under the table or illegally. Madoff anyone??? Just being wealthy can be social stature but there is always the question of 'how'd they do it?' And that matters in the States. We all know that the US works its butt off, well, at least those I know do and it's a determination factor in how high one's station is by what they do and how much they are involved in giving back. We have our share of socialites who get their attention, but respect? Not so much.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 25, 2011, 05:53:21 pm
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Gah! I always forget that. I only meant that social climbing in the US can be brutal and cruel, just less overtly and pushy social climbing mothers can be sadists towards their sons and daughters. But yes, it's about HOW you make your money; actresses and actors make millions fairly easily, but they aren't socially accepted (unless they come from socially prominent families) and people who make a million dollars over a long period of time are more accepted because they are in an acutal business of their own making so they are considered harder working and more genuine.

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Title: Re: The family fortune of the minted Middletons
Post by: serene grace on March 28, 2011, 09:57:47 pm
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Quote from: Wombat on March 23, 2011, 03:06:01 am
Just trying to get my head around how much cash these people have parted with over the years.

We need to work out their approx expenditure for an average year oer the past 10 years.

Starting with school fees, household costs, business costs, personal entertainment costs (holidays etc) and any other general costs involved in their day to day lives over the years. My guess is that theres no way they could sustain their lives for a decade on just the profit from PP and some properties in Bucklebury. They also employ 30 people. What would be the average wage of these people?

Something is not adding up with this family, IMO It never has. :unsure:

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Title: Re: The family fortune of the minted Middletons
Post by: True Brit on March 28, 2011, 10:07:24 pm
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Evren if we accept the claim that the school fees were paid by some unspecified Middleton family trust (which contradicts Carole's reason for starting PP on her kitchen table as it was to pay the school fees) that still is a helluva lifestyle to finance.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 28, 2011, 10:10:42 pm
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I more than suspect that they are living on a precipice financially. William will likely try to help, but he will be limited since after all, there's going to be a TON of investigative journalists out there determined ot make a name for themselves on the back of a massive scandal.

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Title: Re: The family fortune of the minted Middletons
Post by: serene grace on March 28, 2011, 10:11:49 pm
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Nothing adds up with this family. I think the press has inflated a lot with them. I don't believe they have they money the press claims.

If she buys that Manor, I'd love to see the paperwork as to where the money came from.

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Title: Re: The family fortune of the minted Middletons
Post by: Penelope on March 28, 2011, 10:49:00 pm
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Quote from: True Brit on March 28, 2011, 10:07:24 pm
Evren if we accept the claim that the school fees were paid by some unspecified Middleton family trust (which contradicts Carole's reason for starting PP on her kitchen table as it was to pay the school fees) that still is a helluva lifestyle to finance.

There is a simple question for the press to ask, True Brit.

If there was such a massive sum of money to pay for these 3 kids to attend grand schools at 21st century prices, why have we never heard of the schooling or University careers of Michael, his brothers, or his cousins - at 1960s prices?

This was 8 sons presumably expected to follow into the professions as their fathers had: to support families and keep the family respectable.

Are we to believe it was not used by this generation of men, and simply squandered on two girls whose only ambition was to marry, plus their brother who dumped Uni at the earliest opportunity to run home and behind Ma's skirts at Party Pieces while pretending to be 'an entrepreneur'?

No.None of it makes sense. Nor why the grandfather had 200k of debts if there was so much wealth left either.

The solicitor who made that point at the reading of the will felt that fact should be publicly known. Time will tell why no doubt.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 28, 2011, 11:12:25 pm
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Quote
Are we to believe it was not used by this generation of men, and simply squandered on two girls whose only ambition was to marry, plus their brother who dumped Uni at the earliest opportunity to run home and behind Ma's skirts at Party Pieces while pretending to be 'an entrepreneur'?

When you look at the life the Midds have been living for the past ten years, it is entirely possible that the Family Trust got bankrupted. Almost daily shopping sprees, monthly vacations, clubbing bills, and some such have not been eating away at it, I would be dumbstruck. Multiply the lifestyle by ten years and all those days on daily shopping sprees and posh lunches and you have a HUGE amount of money spent in pursuit of that ring. Kate hasn't been living or flying economy, she's been living and flying VIP as much as possible and an Audi lease isn't cheap, even at discount.

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Title: Re: The family fortune of the minted Middletons
Post by: D.I.R. on March 28, 2011, 11:41:40 pm
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So maybe the senior's (mom & dad) Midds are getting paid under the table for whatever or find a way to get their full investments money & not pay what they have to, to the government by a lawyer advisement.

There are always ways to not pay what you buy then sell like for example gold & silver without paying the government in tax & rep the full benefits when you sell an item with help from a right lawyer with the right connections. But its still not enough to live the life style that they live like & want to live like an aristo....


It cant be from their silly little business that sells crap & sex trinkets or whatever they sell on there now?? & selling stories to the media as "the inside sorce"...

Cant be making all that mula (money)..



But y'alls guess is as good as mine. :cookie:

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 28, 2011, 11:49:33 pm
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Quote
So maybe the senior's (mom & dad) Midds are getting paid under the table for whatever or find a way to get their full investments money & not pay what they have to, to the government by a lawyer advisement.


Sooner or later though, they are going to get caught out and tax evasion or shirking, even legally, will do a lot of damage to the RF; the Midds are now entwined with the RF and the behavior of the Midds will affect the RF as well as vice versa. If the MIdds are embedding themselves to benefit in the future, then I am sure that it would have been prudent to live as cleanly as possible.

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Title: Re: The family fortune of the minted Middletons
Post by: Yooper on March 29, 2011, 02:41:35 am
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I find it practically impossible to believe that HM, with her resources, didn't do a background check on these yahoos.

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Title: Re: The family fortune of the minted Middletons
Post by: June on March 29, 2011, 03:32:39 am
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Me too, Yooper and that was very well debated by True Brit and KF elsewhere. :thumbsup:

Technically, a Trust cannot go bankrupt as it's not a legal entity in its own right. One doesn't sue a Trust per se; rather the Trustee (legal owner, either person or say, company). This is one major reason as to why rich people use trusts all the time, and the fact that Trusts conceal income, investments and the identity of such.

As I've stated before, my questions regarding how this family became so rich on such a frivolous, income elastic business, were always in the back of my mind. :June:

And, let's not forget, it doesn't appear that any one of their THREE adult children have EVER earned their own keep ... that just makes things more curious. :think:

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Title: Re: The family fortune of the minted Middletons
Post by: mousiekins on March 29, 2011, 11:11:21 am
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She first attended St Andrews in Pangbourne

www.standrewspangbourne.co.uk/fees.php

Then Downe House School

www.isc.co.uk/school_DowneHouse_Thatcham.htm

Boarding (£): 9625 - 9625
Day (£): 6965 - 6965

Then it was Marlborough

www.marlboroughcollege.org/col_fees.aspx

Boarding Fees: £29,310 per annum : (£9,770 per term)

Day Fees: £22,245 per annum : (£7,415 per term)

Overnight Boarding:
£34 (per night for day pupils)

Then it was St Andrews

www.st-andrews.ac.uk/students/money/Tuitionfees/ug10/Home-EU/Pre2006/nonmedicine/fullyear/

which is over £5,000.

Holidays costing at least £5,000 at a time www.mustique-island.com/the_villa_collection/find_your_dream_villa.php

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Title: Re: The family fortune of the minted Middletons
Post by: Anne-Elliot on March 29, 2011, 11:46:41 am
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As the Telegraph journalist stated in my earlier post:
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Kate and her younger siblings Pippa, 27, and James, 23, all went to prep schools and Marlborough College, where the basic fees then ranged from £13,000 to £19,000 a year; the three children’s education cannot have left much change from half a million.


The Midds had to sell an awful lot of plastic tat to be able to drop half a million on school fees!

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Title: Re: The family fortune of the minted Middletons
Post by: True Brit on March 29, 2011, 12:02:50 pm
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Good start Mousiekins. I am doing a bit of research on the original Lupton fortune and will post my findings but - at a brief look - it seems that the assets were disposed of in the 1920s/30s - art treasures given to the Leeds Art Gallery, various mansions handed over to charities etc and the residue was brought together into a substantial trust which was to pay for the education of descendants so I doubt anyone has been able to dip into it to pay for a Ferrari or two.

My own thoughts are cars - KM had a VW Golf - much depends on spec but a new one is £20,000 - £32,000

www.volkswagen.co.uk/new/golf-gti-vi/which-model/compare/overview

She then moved up to the Audi convertible which she famously was alleged to have wangled a discount on but they are £30,000 - £,000 but depends on spec again. She may have had a more modest model but as this is Waity I'm going large

www.carpages.co.uk/guide/audi/audi-a5-cabriolet-guide.asp

Then we have Range Rovers which MM seems to be behind the wheel of all the time FROM £47,995 - a very expensive vehicle


www.landrover.com/gb/en/rr/range-rover-sport/

That's without Carole, Pipster and the brother. There is also the possibility that they are running these through the business and they are not bought outright, but on lease. However Waity's negotiated deal strikes me she bought that one.

I don't think they own the barn that PP operates out of as that belongs to the Yattendon Trust.

www.yattendon.co.uk/yattendon-estates/home.asp?r=8931

Info re YT as it is the Iliffe Family who own numerous media outlets in the UK and have connections in Vancouver.

www.yit.co.uk/yattendon-yit/

One new bit of info that seems to be flying around is they "own a string of properties across Berkshire"! Am treating this with suspicion until anything is established. I did wonder if UG had started buying up properties there as he supposed to be a property developer since he cleaned up his act.

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Title: Re: The family fortune of the minted Middletons
Post by: mousiekins on March 29, 2011, 12:58:40 pm
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Thanks TB, I look forward to your findings :thumbsup:

I would like to add something to your research on the Audi, she has had about 4 or 5 over the last few years. So I believe she likes to upgrade them. It is interesting to note the RF do not upgrade on a regular basis.

She has had a blue one, silver one, black one, another blue one and another silver one (at least). I am sure if you wanted you could see the models and how many by looking back through her pictures. Feel free to look through my photobucket.

This is Pippa's car

s788.photobucket.com/albums/yy161/mousiekins/Pippa/?action=view¤t=PippaMissyP_AudiPolo_10May09-1.jpg



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Title: Re: The family fortune of the minted Middletons
Post by: Penelope on March 29, 2011, 04:25:03 pm
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Given that they have all come to 'work for the business' then it's fair to speculate all these motors are rented with an annual renewal of model through the business too. Even less tax to pay if the company is paying for all their cars out of revenue. And they get to have an up to date version of a smart car every year to keep their image up.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 29, 2011, 04:40:11 pm
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If they're running on image, William is going to get a nasty surprise come the day when a reporter finds out all the dirt. one thing to enjoy perks that are a write off for your business, but quite another to use it to uphold a deceptive image of having more wealth than you actually do to fool your way into basically golddigging.

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Title: Re: The family fortune of the minted Middletons
Post by: mousiekins on March 29, 2011, 05:15:58 pm
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If the cars are been rented by money from the business then considering their business account is held off shore it makes the payments even more interesting.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 29, 2011, 05:20:14 pm
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When you mention that, I now see that they have likely been using their business tax breaks to live a posher personal life. In most companies, using business breaks for personal use is basically stealing from the company. Using business tax breaks to get a good deal on an Audi is quite, technically, like buying a new suit and charging it to a client's bill. A new Audi is not an essential expense.

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Title: Re: The family fortune of the minted Middletons
Post by: Penelope on March 29, 2011, 06:00:13 pm
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Can you imagine how much money the gateholders of the Midds finances at banks and leasing firms are being offered to release those details?

Unless they all did long ago, and it's all just sitting till the day after the ring has been put on it. :laugh:

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 29, 2011, 06:16:15 pm
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I am sure there are many, many private investigators waiting on standby to get that information, once the ring is on her finger and the honeymoon at some tropical island begins. Then the courtiers will be injecting themselves with sedatives to stay calm and stimulants to manage the mess that will ensue.

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Title: Re: The family fortune of the minted Middletons
Post by: mousiekins on March 29, 2011, 10:31:50 pm
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Quote from: Kuei Fei on March 29, 2011, 05:20:14 pm
When you mention that, I now see that they have likely been using their business tax breaks to live a posher personal life. In most companies, using business breaks for personal use is basically stealing from the company. Using business tax breaks to get a good deal on an Audi is quite, technically, like buying a new suit and charging it to a client's bill. A new Audi is not an essential expense.

Then I guess it is lucky that as a Partnership they don't have someone independent look over their finances.

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Title: Re: The family fortune of the minted Middletons
Post by: Alexandrine on March 29, 2011, 10:43:04 pm
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This thread is so interesting, keep with the great work everyone!

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Title: Re: The family fortune of the minted Middletons
Post by: serene grace on March 29, 2011, 10:50:20 pm
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Quote from: Wombat on March 23, 2011, 02:01:38 am
The grandfather living in a £400,000, 1960s house in Vernham Dean means nothing to his own levels of wealth. He could have bought that house in the 60's for a minute amount of money. Property prices have risen substantially since he would have bought that house. Looking at house prices in this area £400,000 is between average and lower end before the market fell. My feeling is Grandpa Middleton had no money. So there must be another benefactor for Kate. Uncle Gary just won't quit coming to mind. :think:

Back to the Middleton's: So given the change in property prices from when they bought it to today, I reckon they still paid substantial amounts for their properties.

My estimates:
£780,000 for the Chelsea flat
£750,000 for their detached house
£900,000 the outbuildings

If we're to believe that they paid cash for the Chelsea flat and the outbuildings --> £1,680,000 in cash. Where the hell did they get that sort of cash from? That's an amazing amount of cash even for success business owners. Considering the cash flow they must have been putting out each year for family expenses and business expenses, I can't see how they afforded to pay cash.
Quote from: The Chocolate Princess on March 20, 2011, 12:51:46 am
What does is matter how much money the Middletons have or don't have?? :dontknow: I never cared for this kinda discussion. I like Daniel of Sweden and I wouldn't like him less if his parents were any poorer, nor would I like him better if they had a few millions.
It matters because it goes towards who these people are. If they're not being transparent then in my mind, rightly or wrongly, they have something to . Even the Queen has to be more transparent then these jokers. :thumbsdown:

I doubt they paid that price for that Berk house in the 1980's when they purchased it. They did a lot of fixing up too. It was a fixer upper when they bought it.

I think the Middleton's scrimped and saved to pay for the proper schooling for the children, and live beyond their means of what income is really coming in. I just don't believe this family is rich as the press wants us to believe. :William:
Pippa and Kate have recieved boxes and boxes of freebie's for clothes since she started dating William, I don't see any couture-designers on these Midds girls, like Charlotte Casigraghi wears.
The Middleton's remind me of those Orange County parents who know how to put their money where it will build social cache' for the family image, but they don't necessarily have millions in the bank.

I still don't believe these people are rolling in it. I think they are phoney millionaires as in they are millionaire's because of house, London flat property but as far as disposal income, I don't believe there's a lot to go around.

I think the press has inflated them because of William's association. IMO I do believe the business makes money, but I don't feel it's far beyond what they live on each year.
In other words NOT much left over after expenses.
I think Kate's cars are all leased, that's why she changes them so often. She's not purchasing them outright, she's just renewing the lease each year. IMO

I'm waiting to see the reports of how Carole will finance that Manor IF they end up purchasing it.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 30, 2011, 12:19:59 am
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Quote
The Middleton's remind me of those Orange County parents who know how to put their money where it will build social cache' for the family image, but they don't necessarily have millions in the bank.


Likely. I am sure though that they have a mountain of debt just about to break over their heads this very moment. William is going ot have a pauper on his hands and one saddled with a load of debt.

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Title: Re: The family fortune of the minted Middletons
Post by: June on March 30, 2011, 01:45:05 am
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I lived in middle-class Orange County as a young girl, and as an Australian, I was literally stunned at the difference in ideology and mindset ... glad to know that all middle-class Americans don't think or live like that.

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 30, 2011, 02:18:52 am
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Quote from: mousiekins on March 29, 2011, 10:31:50 pm
Quote from: Kuei Fei on March 29, 2011, 05:20:14 pm
When you mention that, I now see that they have likely been using their business tax breaks to live a posher personal life. In most companies, using business breaks for personal use is basically stealing from the company. Using business tax breaks to get a good deal on an Audi is quite, technically, like buying a new suit and charging it to a client's bill. A new Audi is not an essential expense.
Then I guess it is lucky that as a Partnership they don't have someone independent look over their finances.

Someone will find something out and then expose them. See if it doesn't happen.

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Title: Re: The family fortune of the minted Middletons
Post by: June on March 30, 2011, 02:25:38 am
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I agree, KF - it's a comin', ergo the "nerves" of Kate and her mother, IMO. :June:

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Title: Re: The family fortune of the minted Middletons
Post by: June on March 30, 2011, 03:04:25 am
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Quote from: mousiekins on March 29, 2011, 05:15:58 pm
If the cars are been rented by money from the business then considering their business account is held off shore it makes the payments even more interesting.

Yes, and thank you Penelope for mentioning the most likely lease of the cars through the business, and in Oz, tax deductible.

However, if income is going off-shore to say a jurisdiction with more favourable tax treatment, then in Oz, it is considered in breach of tax law to then deduct what is never assessable income in Oz.

And, of course the grande finale ... in Oz cars are to be leased ONLY for business-related purposes in relation to legitimate tax deductions, ergo, I wonder if those regular brand new cars for all family members could be considered strictly for business purposes? :June: At the very most, they should be only deducted on a proportioned basis ie business versus personal use. To be fair, on that note, we have no knowledge of the tax records of the Middleton business, and they may not be doing anything illegal at all.

However, are they receiving favourable tax treatment, being almost royalty and all that? :think:

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Title: Re: The family fortune of the minted Middletons
Post by: Kuei Fei on March 30, 2011, 03:30:25 am
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This engagement isn't helping the way they thought it would in letting them bury their past.

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Title: Re: The family fortune of the minted Middletons
Post by: serene grace on March 30, 2011, 04:55:11 am
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Quote from: June on March 30, 2011, 01:45:05 am
I lived in middle-class Orange County as a young girl, and as an Australian, I was literally stunned at the difference in ideology and mindset ... glad to know that all middle-class Americans don't think or live like that.

If Kate lived in America, I get the feeling that is where Carole would have ended up for the children's years of growth, because there are so many with a similar mindset of Carole there. I'm not saying the Orange County families don't have money because they do, there's some major wealth there. There is quite a lot of millionaires and that is what attracts many of those "striving"-socialclimbing mothers. They move in set up house with their husband's income, but quickly want to move to a higher strata, so they put their priorities on gaining social acceptance through "projection" of material wealth. Many simply live beyond their means, faking it until they make it.

June, I didn't know u lived there, Orange County is beautiful, do u miss it? :flower:

Quote from: Kuei Fei on March 30, 2011, 12:19:59 am
Quote
The Middleton's remind me of those Orange County parents who know how to put their money where it will build social cache' for the family image, but they don't necessarily have millions in the bank.


Likely. I am sure though that they have a mountain of debt just about to break over their heads this very moment. William is going ot have a pauper on his hands and one saddled with a load of debt.

I agree Kuei Fei, I don't believe this family is as liquid or as wealthy as the press keeps trying to portray. There's no way that party-crap is making Millions. I think they've push themselves beyond the limit spending ,to portray a certain image.

I wonder if she's fretting about how to finance the Manor? Selling the Berkshire house may not bring enough money to buy the Manor,even the london flat included in the sale might not be enough?

I've always believed that the press keeps writing that they are loaded multimillionaire's many times over, to put the Palace at ease and to make the public believe that Kate,Carole and co aren't goldigger's.

Title: Re: Middleton money
Post by: leogirl on October 12, 2011, 04:21:20 am
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Wow... photographed giving the finger in public not once, but (at least) three different times. :William: you sure did pick a winner. :cookie:

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Title: Re: Middleton money
Post by: Yooper on October 12, 2011, 04:55:37 am
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Just when I thought the bar couldn't possibly be lowered...there ya come, Mousie. :bored:

How much longer do we have to deal with this piece of..

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Title: Re: Middleton money
Post by: windsor2 on October 12, 2011, 05:06:49 am
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Waity's pure trash, IMO. Funny how the Daily Mail's praising her after putting her on the cover of their paper giving the finger. People that praise Waity have to realize that her tawdry past can be researched via the internet. Why do people act like the internet doesn't exist and continue to act like Waity's full of class and virtue?
Thanks for posting the picture's Mousie.

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Title: Re: Middleton money
Post by: Yooper on October 12, 2011, 05:12:27 am
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To quote Shakespeare: "Out, damned spot!"

Ain't gonna happen, Middletons.

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Title: Re: Middleton money
Post by: mousiekins on October 12, 2011, 04:31:25 pm
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Quote from: Yooper on October 12, 2011, 04:55:37 am
Just when I thought the bar couldn't possibly be lowered...there ya come, Mousie. :bored:

How much longer do we have to deal with this piece of..

Never like to disappoint :flower:

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Title: Re: Middleton money
Post by: serene grace on October 14, 2011, 12:06:02 am
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Quote from: windsor2 on October 12, 2011, 05:06:49 am
Waity's pure trash, IMO. Funny how the Daily Mail's praising her after putting her on the cover of their paper giving the finger. People that praise Waity have to realize that her tawdry past can be researched via the internet. Why do people act like the internet doesn't exist and continue to act like Waity's full of class and virtue?
Thanks for posting the picture's Mousie.


Kate is only as golden to the press as her marriage is secure. If this marriage ever falls apart, the gloves will be off on Kate.

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Title: Re: Middleton money
Post by: Kuei Fei on October 14, 2011, 12:13:17 am
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Well, her courtship with William is a trash biography just waiting to be written, imagine the juicey details of her life if the Midds ever do indeed get exposed. This isn't about the security of her marriage, so much as the security of the British nation's prestige. Right now it's average and the press is fawning, but the minute something tawdry is exposed about the Middleton's source of wealth, it will plunge, which will humiliate Britain and create a load of anger.

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Title: Re: Middleton money
Post by: Yooper on October 14, 2011, 02:37:13 am
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^That is true, KF, as long as the BRF maintain a close relationship with the Middletons, which by all accounts doesn't seem to be the case. The reverse is true, in fact. They do the very minimum in involving the Midds in anything and I believe that is because they expect a deluge of negative sewage to spew forth from this family and are savvy enough to wear protective gear.

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Title: Re: Middleton money
Post by: Kuei Fei on October 14, 2011, 03:43:21 am
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It's ironic really that the BRF no longer protects a person, but only exposes them. If there is a spewing of the Midds' finances, Kate might not end up in jail or court, but she would get crucified by the RF and courtiers. Imagine living with a family that you married into (a prominent one), only to end up with having to deal with the fact that your climbing was funded by illicit means. Then dealing with a husband who is coming to the realization that he married not just a phoney or hypcrite, but a woman who had her fun time paid for on the backs of criminal activity. Which would also mean that a woman who has a fortune based on criminal behavior would make her unacceptable to eb received by foreign heads of state.

It's not like dignitaries are perfect and lily white, but it's preferred that the wives are.

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Title: Re: Middleton money
Post by: Yooper on October 14, 2011, 05:13:25 am
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True, KF, that would indeed stir the pot. WK would be able to keep her gloves white with the PR being that she knew nothing about this or that BUT end up in the back pocket of the BRF (not necessarily a good place).

The really bad news is, tho, then she's lost a family and not really gained one either. Nasty business, that. She would indeed be in lose/lose land.

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Title: Re: Middleton money
Post by: Kuei Fei on October 17, 2011, 07:35:08 am
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If the Middletons came from a wealthier background, there are a lot of mannerisms that they would display that would show they come from a posh background. They would have better manners, Kate and Pippa would know how to dress for the occasion, and Carole would have sooner strangled James than let him get so drunk in public that he would be puking his guts out. Kate would have also accepted that it was over and then moved on in life instead of practically stalking WIlliam right after. What manners they do show are acquired through imitation, not through training since birth and they would be leading far more responsible lives. Kids who come from real money these days don't pull half the stuff that they stereotypically do; from what I know, the majority of them stay away from drugs mainly since they don't want the destruction that it usually brings and the ones that do do this stuff are usually the ones that fall into the jet set life, not the ones that live in the countryside and enjoy the hunt and suchlike.

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Title: Re: Middleton money
Post by: Gwendolyn on October 17, 2011, 07:43:18 am
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The biggest giveaway of their background, to me, is how eager they are to be in the spotlight, for better or for worse. A good, old money family would sooner let their fortune go than allow their name to be tainted the way the Middleton name has been. I've seen it happen.

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Title: Re: Middleton money
Post by: Acornia on October 18, 2011, 03:13:21 am
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Quote from: mousiekins on October 11, 2011, 08:11:04 am
Quote from: akasha2411 on October 11, 2011, 01:58:16 am
^euhm this is OT but she did something that already, twice if I remember correctly!
and mousie has the pictures to prove it, right hon!

She has 'given the finger' at least three times

s1112.photobucket.com/albums/k498/MK860/Kate/Misc/?action=view¤t=4388110034_a04a57feb2.jpg

cdn.buzznet.com/media/jj1/2007/07/middleton-mom/kate-middleton-mom-03.jpg

s1112.photobucket.com/albums/k498/MK860/Kate/Misc/?action=view¤t=KateMiddletonKateMiddletonRiccardoRestaurantwcbqyb_JeJml.jpg

Real classy!

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Title: Re: Middleton money
Post by: Kuei Fei on October 19, 2011, 02:32:05 am
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Quote from: Yooper on October 14, 2011, 05:13:25 am
The really bad news is, tho, then she's lost a family and not really gained one either. Nasty business, that. She would indeed be in lose/lose land.

I think she already is in that situation as it is. If a scandal comes out about the money that the Middletons have been making, then the RF will end up cutting her to ribbons each time that she arrives at the Palace.

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Title: Re: Middleton money
Post by: Liza on November 24, 2011, 10:52:28 pm
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Is KM any relation to Julia Middleton?

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Title: Re: Middleton money
Post by: mousiekins on November 24, 2011, 11:43:36 pm
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Who is Julia Middleton?

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Title: Re: Middleton money
Post by: YooperModerator on November 24, 2011, 11:54:27 pm
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en.wikipedia.org/wiki/Julia_Middleton
not sure if liza means this one, but that was the first hit with google

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Title: Re: Middleton money
Post by: mousiekins on November 24, 2011, 11:55:50 pm
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Cannot be related she is charitable and cares about others

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Title: Re: Middleton money
Post by: Kuei Fei on November 26, 2011, 08:46:53 pm
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I remember reading that the Midds sell customer information to a variety of companies and then the companies send spam to the customer's email addresses. They make quite a bit off of that, so I've been told.

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Title: Re: Middleton money
Post by: mousiekins on November 26, 2011, 09:06: pm
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Is this how the Middletons can afford to pay their part of the Royal Wedding - by selling customers' personal information for up to £20,000 a time?

Read more: www.dailymail.co.uk/news/article-1333335/Did-Middletons-make-fortune-selling-customers-personal-information-20-000-time.html#ixzz1eqd22oyH

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Title: Re: Middleton money
Post by: Yooper on November 27, 2011, 04:13:47 am
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The argument can be made for using personal data on a valid consumer page. It's done all the time, however, I find it confusing that the Middletons wouldn't show some discretion here. If I am mistaken, fine, but it doesn't take a genius to see that once your daughter is open to criticism, you watch your behavior, and that means in business, personal and financial. In addition, it should preclude you from taking advantage.

This family has a lot to learn.

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Title: Re: Middleton money
Post by: Kuei Fei on November 27, 2011, 04:33:04 am
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Quote from: mousiekins on November 26, 2011, 09:06: pm
Is this how the Middletons can afford to pay their part of the Royal Wedding - by selling customers' personal information for up to £20,000 a time?

Read more: www.dailymail.co.uk/news/article-1333335/Did-Middletons-make-fortune-selling-customers-personal-information-20-000-time.html#ixzz1eqd22oyH

I am strongly reminded of people who abuse welfare; they live high on the hog and then use every perk possible and then end up (go figure) wondering why people who work resent them. Same with royal life; jsut because you can spend so much, doesn't mean you should and I don't see how on earth either the Midds or Kate are going to avoid abusing Kate's newly acquired status. As for discretion, the Midds have never shown discretion

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Title: Re: Middleton money
Post by: YooperModerator on November 27, 2011, 03:28:46 pm
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'sight' Yooper honey how often do I have to repeat it: We're talking about the Middletons here, don't try regular logic or mor@l standards when they are involved! :rolleyes:
It will only give you a headache and a disappointed feeling. lol
Just take note on the things they do and put them on your never-ever-do-that list!

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Title: Re: Middleton money
Post by: mousiekins on November 27, 2011, 04:15:47 pm
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One of the worst things about this is that they never say they will sell the information or pass it on to 3rd parties.

Those that have been here a while may remember that I decided to sign up to PP to see what would happen and to see if they tell you they will pass your details on. I never intended to press 'send' or actually sign up properly but they made it impossible because they did not give fair warning you were confirming anything.

Selling info is not illegal but it is immor@l to do so without telling your customers you will do so. By not telling customers they are in the wrong mor@lly and legally.

Also they make it impossible for you to stop them emailing and sending you catalogs, no matter what you do :stop:

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Title: Re: Middleton money
Post by: True Brit on January 04, 2012, 12:04:35 pm
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Found this little item - a tax specialist blog debating the Andrew Gilligan story re the Midds money in November 2010. The comments are most interesting as someone called "Gary" is really ripping into the blogger and the story and sticking up for the Middletons. It couldn't possibly be? Could it?

www.taxresearch.org.uk/Blog/2010/11/25/how-did-the-middletons-make-their-money/#comment-590189

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Title: Re: Middleton money
Post by: Kuei Fei on January 11, 2012, 12:49:34 am
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So, how long until this family's finances are exposed? I think next year will be the year we end up reading about the real source of the Middleton funds.

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Title: Re: Middleton money
Post by: Liza on March 05, 2012, 02:24:03 am
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Another article about the Midd money and it mentions that KM's ancestors are related to Henry VIII. I'm not sure if this has already been posted.


www.telegraph.co.uk/news/uknews/kate-middleton/8391216/The-family-fortune-of-the-minted-Middletons.html

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Title: Re: Middleton money
Post by: Kuei Fei on March 05, 2012, 06:14:06 am
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ALmst everyone on the planet is related to the British RF; they have so many illegitimate children and children that have thinned the royal aspect of the lineage out that anyone can make a claim. Even if they are, if they are in shady dealings, then I am sure that being related ot royalty has nothing to do with it.

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Title: Re: Middleton money
Post by: serene grace on March 05, 2012, 11:58:02 am
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The press wanted a common girl and they got her, then the press tries in vain to prove she's just as good as the Aristo-girls, by creating some fake ties to past Kings :yeahright: .....Hahhahaha how hypocritical of the press.

The press knows Kate is as common as coal, yet they keep trying to elevate the Middleton trash! :Middleton: :kate-catwalk:

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Title: Re: Middleton money
Post by: True Brit on March 05, 2012, 02:26:42 pm
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Liza thank you for reminding me of this story as it should be read in conjunction with Andrew Gilligan's (also of the Telegraph) which appeared earlier.

www.telegraph.co.uk/news/uknews/royal-wedding/8147929/Royal-Wedding-Middletons-money-how-was-it-made.html

On the surface it's just a family story about family tree but it carefully adds the details of Peter Middleton's will and the "soft loan" but doesn't say to whom and it does keep pressing the question where did they get their money from. Channel 4's pre wedding documentary detailed how the Lupton money had disappeared over the years and just who has £750,000 in cash to spend on a Chelsea flat for their children? That's on top of school and university fees and associated expenses, plus holidays.

www.channel4.com/programmes/meet-the-middletons

Even if the Middletons spend their money wisely that's still a heckuvalot of money.

It also misses out the private airplane that Michael Middleton owns and runs - it was mentioned elsewhere that Carole's racehorse was running at Paris and they fly over often using the plane. Probably using a private airfield called White Waltham near their home. A small aircraft also needs a small fortune to run it and the flying lessons.

One day all will be known but, in the meantime, let's keep a note of who what and where.

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Title: Re: Middleton money
Post by: Kuei Fei on March 07, 2012, 08:08:39 pm
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Let's list income vs expenditures

Expenditures:
*London flat
*Cars for James and Pippa
*Regular vacations (borrowed villas aside, they are expensive)
*Clothes/shoes/restaurants
*Private aircraft (along with lessons and maintenance)
*Thoroughbred race horse (or a share in the horse, same thing)
*A tremendous amount of leisure time on their hands to end up doing charity 'work,' and loafing around
*Paying Party Pieces staff salaries/wages

Income:
*Yearly proceeds from Party Pieces
*Income from 'jobs' that Pippa and James supposedly have
*Possible loans from Uncle Gary (from who knows what where I don't want to know)
*Profits from selling customer information to agencies that then send spam to the home and email addresses


Looking at all of it, I would have to say that there are far more expenditures than there are sources of income so I can only suppose that the Midds are up to something or they are living off of a string of mortgages and credit. There is no way that the Midds are bringing in enough from PP to end up supporting their lifestyle, just, no.

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Title: Re: Middleton money
Post by: Nymph on March 07, 2012, 09:04:57 pm
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Guess the Middletons are like a lot of people who are living beyond their means, saddled with debt and waiting for their bailout.

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Title: Re: Middleton money
Post by: Kuei Fei on March 07, 2012, 09:31:06 pm
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I think that is why the Midds are so feverish about marrying into wealth; they have so little that htey have to secure their futures before the collapse.

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Title: Party Pieces : Is it really a great millionaire deal ?
Post by: Mada on March 09, 2012, 08:32:07 pm
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Just wanted to share my thoughts.

The claims that the Middletons have been cashing in their royal connection since day one and some thinking that Party Pieces could be a front to something less respectable had always intrigued me and today I finally did my own search.

When you look for Partypieces.co.uk on google you can see there's lot of competition. They are 1st page google positionned now but I wonder if it was the case 2 years ago ?

I went on Alexa.com that is a web information company that gives you all the information you need about your company's position and commercial recognition on the web or the position of a competitive one. It can gives you valuable information about what kind of keywords your clients look for when they come on your website and how long they stay etc...to have a real view of Partypieces.co.uk activity.

So I typed partypieces.co.uk and had all the analysis I needed. This is some infos that you can find on Alexa about Party Pieces.
Quote
A one stop party shop with the latest & the best party supplies, decorations, gifts & party ideas for kids parties, birthday parties & special occasions.
Statistics Summary for partypieces.co.uk
Partypieces.co.uk has a three-month global Alexa traffic rank of 93,303. The site is based in the UK. The time spent in a typical visit to it is roughly ten minutes, with 56 seconds spent on each pageview. Compared with internet averages, Partypieces.co.uk's audience tends to be female; it also appeals more to users between the ages of 25 and 45 who have postgraduate educations and have incomes over $30,000. The site has been online since 1997.


Before I continue I would like to point out that information given to Alexa about Party Pieces becoming online in 1997 - interesting date isn't it ?
I remember how it was argued that people didn't much purchased online at the time. Well the WWWeb was created in 1989 and the first browser was created one year later. 7 years after, I guess it was possible to sell-online ?

But when I searched for more infos about the 1997 online creation of party pieces I found nothing !!

But I found an interesting article telling about the creation of Partypieces.co.uk in 2002 by a society called Pindar Graphics.
Quote
In 1987, Carole Middleton, former airline stewardess and mother of three young children, founded a mail order party supply business called Party Pieces. She and her husband Michael, who is a former airline pilot, built the business over time and hired online retail agency Screen Pages, a division of Pindar Graphics, to launch its first website in 2002. (This was followed in 2007 by a subsequent redesign.) The collaboration of Pindar and Screen Pages provided a wide range of supporting services -- from digital printing to online retail expertise -- and helped carve a path for Party Pieces to grow from a dedicated printed catalog business to a successful "clicks and mortar" online store.
ecommerce.about.com/od/eCommerce-Basics/a/Party-Pieces-and-Screen-Pages-A-Winning-Team.htm

I don't know why but that name sounds familiar Has anyone heard about Pindar being significant in anyway to royalty ?

2002 is one year after Kate and Prince William met in St Andrews, it's the unfamous year she wore that transparent black-lace dress to catch his attention and the year they decided to live with another friend in a cottage instead of st andrews student flats.
PartyPieces.co.uk was created in 2002 - Clever move if you tell me.

Now they are told to be millionaires - who earned their money hard thanks to their business - even more so when it became online. The Midds claimed on their website they are the UK first mail order party supply business. Is it all that real ?

According to Alexa analysis :
Party Pieces website maximum traffic rank was in 2010/2011 during the engagement period. Soon after it dropped down to the same even lesser level than another UK party supply business.

The percentage of global internet visits is negatively down. And the percentage site visit has been of 15% last month. Partypieces.com is even less visited that another UK party supply business I tested. One that I found had much better Trafic Rank both global and GB-based than them.

The Middletons partypieces.com is actually poorly positioned with a 5,272 GB rank.
Quote
About the Traffic Rank
An estimate of partypieces.co.uk's popularity in a specific country.
The rank by country is calculated using a combination of average daily visitors to partypieces.co.uk and pageviews on partypieces.co.uk from users from that country over the past 3 months. The site with the highest combination of visitors and pageviews is ranked #1 in that country. Updated Daily
If you do the search on Alexa.com, you'll read a reputation number of 610.
The reputation number is about many links they have with other websites. I noticed it was essentially links related to articles about Kate and Pippa not really adverts.

After that analysis I am more and more inclined to believe that Party Pieces is not and has never been the main source of money for the Middletons. IMHO it may be just a frontcover to make them look like hard-working business people earning their money respectably. There is something very fishy...Maybe Uncle Gary drugs business helping ? Seriously, I don't believe them to be millionaire in a honest way anymore... :spy:

The endless questions : how do they really make millions every year ? And in the past,How have they been able to pay for the very expensive schools for the 3 children ? How have the Middletons been able to pay a flat in Chelsea for Kate/Pippa totally with CASH ?

:thankyou: for reading !

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: anobserver on March 09, 2012, 08:39:37 pm
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That is a truly brilliant analysis -- I'd never thought of looking at the web traffic in that way before, Mada! :worship: :worship: :worship: :worship: :worship:

My main question is: if you could find all this information and put it together so easily, why can't (or haven't) the MSM? The 2002 date is probably the most interesting bit, to me. It's as though Carole knew she would have to make the family's income look legit ASAP.

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: Mada on March 09, 2012, 09:13:53 pm
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:thankyou: anobserver ! About the MSM, I don't know ever :dontknow:

It was real fun to uncover those info so easily. It took me less than 15 minutes to make the connection with all them so I'm sure anyone could have done it.

I think it shows how obvious the blind spot is concerning the real origins of the Middletons wealth. If it was really clean and clear we would not be here discussing about it, right ?

What I found amazing is how low are their traffic ranking compared to another online party supply business I never heard about until now.
Party Pieces got a lot of press since Kate and William started to date and 10 years later they are still poorly ranked in GB ?!
With more search I found out that other party supply web has 3 times less reputation number (links to other websites through articles), had a turnover of around 7 millions pound in 2010 and they have the double of employees that PP have now - around 30 according to Carole Middleton (a big change as they had only 9 employees in November ?!)

Now we cannot found out PP's turnover as they are a limited partnership and there is no requirement for them to send accounts to Companies House.

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: True Brit on March 09, 2012, 10:45:43 pm
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Mada good work. :thankyou:

The short answer to your last question is a) IMO they don't make that much money from the business and b) they never have.

When Andrew Gilligan wrote his article on them he spoke to suppliers and the trade publication for this industry and they all said they were not a big player. As I recall the trade mag's editor said the items they sell are cheap and they would have to have ahigh volume turn over to make serious money.

I think the MSM do know. I am certain Andrew Gilligan knows and if he knows the DT will all know and if they know the other MSM will know including the now defunct News of the World.

The Middletons are probably enjoying some VIP protection for themselves but this will only last as long as the marriage lasts. If it fails or if it suits the MSM they will expose them.

In any case who really can pay for such things as a flat in Chelsea in cash! The red lights went on when I read that item alone. I know many people over the years who have paid to have their children privately educated. These are professional people or those with thriving businesses and the schools have not been the top tier and every one, without exception, has struggled to meet the fees and have gone without holidays etc to do so.

It just doesn't add up. Well it does but we don't quite know what yet.

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: Yooper on March 09, 2012, 11:09:54 pm
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Super great work, Mada! How fascinating and validating this information is. If it looks like a duck and quacks like a duck, it's a duck. We've never been able to figure this company out and it, as is always the case with the Midds, lacking in transparency. We'll find out someday. Maybe sooner than we think.

It always amazes me that I see things in print that people have said here. :spy:

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: Dahlia on March 09, 2012, 11:31:00 pm
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Quote from: Mada on March 09, 2012, 08:32:07 pm
I don't know why but that name sounds familiar Has anyone heard about Pindar being significant in anyway to royalty ?

When I read Pindar, I was like :sly: If you believe the stories from Icke and others Pindar is the most powerful man in the world and the Windsors are his servants.

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: serene grace on March 09, 2012, 11:33:07 pm
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Quote from: True Brit on March 09, 2012, 10:45:43 pm
Mada good work. :thankyou:

The short answer to your last question is a) IMO they don't make that much money from the business and b) they never have.

When Andrew Gilligan wrote his article on them he spoke to suppliers and the trade publication for this industry and they all said they were not a big player. As I recall the trade mag's editor said the items they sell are cheap and they would have to have ahigh volume turn over to make serious money.

I think the MSM do know. I am certain Andrew Gilligan knows and if he knows the DT will all know and if they know the other MSM will know including the now defunct News of the World.

The Middletons are probably enjoying some VIP protection for themselves but this will only last as long as the marriage lasts. If it fails or if it suits the MSM they will expose them.

In any case who really can pay for such things as a flat in Chelsea in cash! The red lights went on when I read that item alone. I know many people over the years who have paid to have their children privately educated. These are professional people or those with thriving businesses and the schools have not been the top tier and every one, without exception, has struggled to meet the fees and have gone without holidays etc to do so.

It just doesn't add up. Well it does but we don't quite know what yet.

I have never believed the Middleton wealth stories, they just don't have what wealthy people have. I don't see it. I think the flat was paid for by Gary. I;m sure they borrow friends homes and guest houses for vacations, they certainly borrowed Uncle Gary's home in Ibiza and the place in Mustique is owned by a friend and they fly with the masses, when they do go somewhere. Kate was catching buses when she had been dating William a few years, then she got a used car. It was not until later she got nice cars on William's connections. I think this family is comfortable and well connected but not wealthy. I have never seen all the wealth people keep talking about.
I think Carole is smart in that she does a few things where she can look like a player, but if someone dug deep, there's not a lot of cash or old money anywhere.
I believe that they put their money into the kids education. I think their business has allowed them some good loans over the years, which they probably slowly paid off.

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: windsor2 on March 10, 2012, 01:55:34 am
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^excellent research, Mada :worship:
Nthing's transparent about this family at all.

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: Varya on March 10, 2012, 07:06:39 am
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Great Post Mada!!! I really do agree with you that something fishy is going on with the Middleton's... I think that Uncle Gary has always done his dirty side business of human trafficking and drug dealing and that is how the Midds made themselves seem more legitimate to the aristocracy... by being able to throw around money. It's disgusting!

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: Mia1984 on March 10, 2012, 03:17:32 pm
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First, great work! Are you related to Hercule Poirot or Sherlock, perhaps? Is it possible for a big inheritance. Michael Middleton attended Clifton College, a very expensive school in Bristol (not an Eton or a Harrow, but my stepfather attended Clifton well before MM, so I know the school is pricey. And stepdad is from an insanely wealthy family with a property business. They could afford Clifton). That tells me Pa Midds comes from money, unless he had a scholarship. Is it possible that the wealth that saw the children through school and bought the flat is "old money" from her father's side?

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: serene grace on March 10, 2012, 04:04:55 pm
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michael midds inheritance was already reported, he got it in the 70's or 80's I think? It wasn't a great amount inherited years ago . Even the Berkshire house when they bought it was mortage and a fixer upper, they fixed it up.

I don't think this family is wealthy. I think the wealth has been highly overhyped, by the press and the Middleton's themselves as to not make Kate appear a golddigger.

It's always reported that they are "looking to buy in Mustique, or "looking to buy Camilla's old Manor house, but it never materializes, imo because they don't have the money to purchase these places. I think they are going to work on Pr.William to get a property in Mustique once the Queen is gone.



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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: True Brit on March 10, 2012, 04:30:12 pm
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Mia that was a possibility however perhaps one of the Mods should merge this with the main thread on the Midds money as on there you will see the link to the Channel 4 Meet the Middletons programme which was transmitted just before the wedding.

In it they met various members of the extended families of both sides and it was established that the Middleton/Lupton money had disappeared over the years. There certainly had been a lot of money but the Luptons were true philanthropists and gave away property, works of art etc etc. Various Middletons didn't know what had happened to the money.

There was a trust fund for educational purposes and one would suspect MM was educated through this but no-one knows if there was any left for the number of descendants.

Another odd thing was MM's father who died in November 2011 just before the wedding. For a supposedly well-to-do gentleman his will showed a debt of (I think) £90,000 which even the solicitor said was unusual.

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Title: Re: Middleton money
Post by: serene grace on March 10, 2012, 05:36:08 pm
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Quote from: Nymph on March 07, 2012, 09:04:57 pm
Guess the Middletons are like a lot of people who are living beyond their means, saddled with debt and waiting for their bailout.

I have a feeling that some journalist is sniffing around and all of what the Middleton's have been getting up to, will blow wide open one day, possibly in a book but it will probably be slapped with so many lawsuits by the Midds in the UK, that it will have to be launched across the pond in USA.

I read in Vanity Fair, that vacations houses are borrowed from friends, and vacations are planned months ahead on the cheap, they fly easyjet and off times go in the off season, or even if in season the houses and villa's are borrowed.

I'm not saying this family doesn't make enough to live comfortably in their Berkshire digs, because I believe they do, but I just don't believe the stories the press is trying to sell of major wealth or that Kate doesn't need to marry money for a lifestyle....I think she does and that is why Pippa is digging her heels in looking for a wealthy titled heir. I think Carole is a socialclimber but this family is also digging for wealthy heirs. Carole's daughter's are not looking at poor gentry or even poor Aristos. :William: :queeny:

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Title: Re: Party Pieces : Is it really a great millionaire deal ?
Post by: Mada on March 10, 2012, 07:19:48 pm
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:thankyou: Ladies !
Quote from: Yooper on March 09, 2012, 11:09:54 pm
If it looks like a duck and quacks like a duck, it's a duck.
Yooper, that's SO true !
Quote from: Mia1984 on March 10, 2012, 03:17:32 pm
First, great work! Are you related to Hercule Poirot or Sherlock, perhaps?

Thank you Mia1984, I wish I were as smart and visionary as Hercule Poirot or Sherlock or even Miss Marple but I'm not...maybe one day

True Brit, thank you for the info about the Gillian article and the Middletons inheritance issue. It gives us fewer possibilities now...Uncle Gary is number one for me. And it may explain why he is also protected :cookie:


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Title: Re: Middleton money
Post by: MOSAIC on March 11, 2012, 10:36:46 am
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Excellent work Mada. Let's hope it spurs some journalist to further pursue this matter. Where are you Andrew Gilligan?
Serene Grace: I agree, I think it is inevitable that the Midds will work on PW once the Queen is gone for a villa or other goodies. I personally think a lot of things will be quietly slipped under the radar via William to the Midds. I would hope that people like Paul Flynn MP would keep a very watchful eye on expenditure, and what might find its way into the Midds' "treasure chest". And what might be paid for via William's office, if it isn't already being done.

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Title: Re: Middleton money
Post by: windsor2 on March 11, 2012, 04:49:37 pm
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Wasn't there a rumor that Charles married Camilla to halt people looking into the expenditures? Charles was spending quite a bit on Camilla and I would imagine that he didn't want the expense to be questioned. Something similar could've happened with Wills and the Midds. Now any expenses that Wills and Waity rack up will fall under Charles's office, so maybe that's why the Midds seem a bit "desperate" imo

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Title: Re: Middleton money
Post by: MOSAIC on March 11, 2012, 07:23:31 pm
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More than a rumour Windsor2, virtually the reason they went ahead with the marriage at that time. So if all WK expenditure comes under Charles' office then maybe history is about to repeat itself insofar as an investigation is concerned, but this time WK. Paul Flynn made a point about finances having to be open to discussion in Parliament during the recent House debate on the Diamond Jubilee when fulsome praise was the order of the day. But Paul Flynn and another MP still made their points.

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Title: Re: Middleton money
Post by: Kuei Fei on March 11, 2012, 08:14:39 pm
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Quote
So if all WK expenditure comes under Charles' office then maybe history is about to repeat itself insofar as an investigation is concerned, but this time WK.


Which is probably why Charles is keeping Kate on a tight leash financially; he doesn't want to lavish huge sums on her and have her funnel the extra to the Midds. Charles doesn't want to end up having his money in the Midd's hands and then end up crucified for using public sums for personal purposes.

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Title: Re: Middleton money
Post by: Acornia on March 12, 2012, 05:54:11 am
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What is MSM? I tried to google the answer but I came up with a NSFW term instead. :tehe:

And can someone please explain to me like I'm a 5 year old how paying for the flat by cash raises suspicions? If by cash does it make it impossible to trace or leave a money trail as opposed to paying for it by credit card?

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Title: Re: Middleton money
Post by: Kuei Fei on March 12, 2012, 06:47:34 am
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Quote
can someone please explain to me like I'm a 5 year old how paying for the flat by cash raises suspicions?


It means that the person paying cash for so much possibly has a lot of money lying around that the tax man doesn't know abotu and should know about. A lot of drug dealers keep money in cash liquid mainly because they can't deposit thousands in the bank on a regular basis without raising suspicions of the bank and banks usually notify police about any suspicions about illicit sources of money. Since drug transactions are done in cash, it means that UG probably has bricks of cash all over that we don't know about. If Gary deposited a few thousnad a week into the bank and wasn't at all working in Vegas or in any casino, then the bankers would start to wonder where it's coming from, especially since he doesn't have any discernable job that would generate such a cashflow. even if he were retired early, then I am sure that it would still be legitimate ot pay for a flat via the usual route.

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Title: Re: Middleton money
Post by: Leila on March 12, 2012, 10:56:36 am
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"Cash" doesn't mean paper money, only that they didn't take out a morgage.

MSM stands for main-stream media. :cookie:

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Title: Re: Middleton money
Post by: Acornia on March 13, 2012, 11:25:28 am
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Thanks KF and Leila!

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Title: Re: Middleton money
Post by: serene grace on March 13, 2012, 01:28:31 pm
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Cash could also mean they had a cash credit line secure from a bank for said amount, because someone showed they were cash liquid for the amount of the flat.

IMO Uncle Gary could have moved some money into an UK account to show the Midds were(liquid) good for the amount of the flat,then once the cash line secured through the bank, the Midds get a cash credit line for the full amount to pay the flat, in their name, then after a few months the money the bank saw as their collateral(imo deposited by Uncle Gary) is slowly taken back by UG and no one is the wiser, because at the time of the purchase the Midds were cash liquid from the Gary deposit.
(The cash credit line could possibly be paid off in incriments possibly by someone, UG?)

Just theory

I think this family is going to be found out, it's only a matter of time , they love FAME and they love talking about themselves. They are waaaay too loud,like Fergie! Look how many years it took to see what Sarah had been up to.

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Title: Re: Middleton money
Post by: True Brit on March 13, 2012, 05:32:09 pm
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You may well find this interesting. There's a lot of trouble about this at the moment as the very wealthy are putting property offshore to avoid taxes of varyiong descriptions.

www.guardian.co.uk/money/2002/may/25/tax.politics

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Title: Re: Middleton money
Post by: Nymph on March 13, 2012, 05:55:55 pm
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Interesting article, maybe it explains why James has so many different companies, it seems like something the Middletons would do.

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Title: Re: Middleton money
Post by: Alexandrine on March 13, 2012, 06:04:17 pm
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TB you don't follow Urdangarin's (he is married to king JC of Spain's daughter) problems with the justice in Spain but it's exactly about that. Not declaring the real money to the state and his money going to Belize and Luxembourg.

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Title: Re: Middleton money
Post by: Anne-Elliot on March 13, 2012, 07:15:41 pm
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Quote from: serene grace on March 13, 2012, 01:28:31 pm
IMO Uncle Gary could have moved some money into an UK account to show the Midds were(liquid) good for the amount of the flat,then once the cash line secured through the bank, the Midds get a cash credit line for the full amount to pay the flat, in their name, then after a few months the money the bank saw as their collateral(imo deposited by Uncle Gary) is slowly taken back by UG and no one is the wiser.

If Uncle Fester did supply Ma & Pa with the cash, it would also benefit him, because one of the forms of money laundering is buying real estate will illegal proceeds. If/when the property is sold, the proceeds of the sale would appear to be legitimate income..........

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Title: Re: Middleton money
Post by: berlin on March 13, 2012, 09:29:18 pm
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Interesting comment:

You're right. Me Middleton was heard to say that their kids education had been paid for by a "private grant" - her way of saying a friend or relative. The Middleton money should be able to be looked into, anyway - it's actually a scandal. And now, of course, very near the throne.
- Biddy M, Lancs, 13/3/2012 7:54


Read more: www.dailymail.co.uk/news/article-2113755/Duchess-Cambridge-Kate-Middletons-brother-James-says-success-hard-graft.html#ixzz1p2DVpU00

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Title: Re: Middleton money
Post by: serene grace on March 13, 2012, 09:52:14 pm
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I wonder if that person knows something about them, Biddy said in the comment "it's actually a scandal" , I wonder what exactly they know?

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Title: Re: Middleton money
Post by: memyselfandroyals on March 18, 2012, 07:41:37 pm
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sooner or later, press will telll us :cookie:

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Title: Re: Middleton money
Post by: Kuei Fei on April 01, 2012, 05:24:36 pm
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Quote
^Ain't that the truth, Acornia. I'm hoping for a complete financial collapse for the Middletons. They've GOT to run out of campaign money eventually and are probably hocked to the eyeballs.

I'm more than sure that the Midds are swimming in debt and the level rises higher each time they use another credit card or buy the smallest trinket. I would laugh my head off if it turned out that William married a family of IRRESPONSIBLE bankrupts and ended up the biggest fool of all, never finding out where the money was coming from and IF in fact there was any real money in the first place. This family would epitomize the family that lived above and beyond their means, which is teh reason that so muc hof our economy has collapsed.

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Title: Re: Middleton money
Post by: MOSAIC on April 15, 2012, 01:08:55 pm
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I have just been reading an old article about couples restoring and refurbishing family homes and then promoting them as wedding venues and it appears that such premises registered as businesses can then be left to family, offspring without paying inheritance tax. This is probably not news to anyone else except me but then information sometimes comes from the strangest places. I am wondering whether the Midds registering PP as a partnership comes with any similar advantages.

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Title: Re: Middleton money
Post by: Spitfire on April 15, 2012, 01:59:55 pm
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In the UK, does a partnership mean that you don't have to disclose the company's accounts or the names of the shareholders? I am, too, rather ignorant of such financial details, but it would be interesting to find out. Andrew Gilligan was investigating the Middletons' money - I wonder what he uncovered? I bet that callers to Companies House are no longer allowed to see the Accounts for Party Pieces! No doubt the recent franchises for Harry Potter merchandise has added to the Middleton coffers, but before that and, say, five years after PP was founded...

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Title: Re: Middleton money
Post by: MOSAIC on April 15, 2012, 02:27:59 pm
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Yes Spitfire, your first sentence is correct, that is the advantage there but I am trying to figure out what advantage there would be to this addition. I'm sure there is one. C'mon Mr Gilligan, time to start digging or continue digging I should say. Possibly as I've said in another thread the advantage may be a personal one allowing Kate to have an independent apartment if the sh't hits the fan. Also as HawaiiGirl says, she hasn't been seen recently. Sumptin's going on, me thinks.

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Title: Re: Middleton money
Post by: True Brit on April 15, 2012, 03:01:50 pm
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If you are self employed or just a simple partnership you don't have to register with Companies House - for a very small business it's the easiest way to go but you don't get the protection that you would from a limited company.

However, it has recently become more beneficial to start a limited company if you're a top rate taxpayer as you can pay yourself via the company and pay 20% in corporation tax insteand of 45%. This is why there's been all this trouble with people working on Govt consultancies who should be straight PAYE but they are channeling payments via limited companies often offshore and avoiding tax. It isn't illegal to do this but it's mor@lly repugnant when Mr & Mrs Average have no option but to pay tax in full.

Here's what Andrew Gilligan discovered:
Quote
Normally, it’s relatively easy to find what a business is worth if the business is registered as a company. Even the smallest companies must lodge accounts at Companies House.

But fascinatingly, while Party Pieces has two shell companies with no money passing through, the main business is held not as a company, but as a partnership – and doesn’t have to file any information. This doesn’t seem to have been done to stop journalists poking around; it was the case long before Kate became famous.

Though not unprecedented, a partnership is not the usual way of holding a business of Party Pieces’ size and nature, because it carries huge risks for the partners.

In a company, the most you can lose is the amount you’ve invested – but partnerships have unlimited liability.

If Party Pieces ever got into trouble, its creditors could take everything the Middletons have. There is no suggestion at all that the firm is in trouble – indeed, all its suppliers tell us it is quick to pay its bills. But the party industry figures we’ve spoken to all admit that the trade has been hit by the recession.

Why take this sort of risk? It could simply be because that is how the Middletons, like a lot of two-person bands, started, and they never bothered changing it as the company grew. But the presence of the two shell companies makes this look unlikely. Several accountants suggest that it could be a form of (entirely legal) tax avoidance.

“Before the top rate of income tax went up, it used to be better to be a partnership than a company, particularly if your profits were low,” says Mike Warburton, of Grant Thornton. Although partners’ profits are subject to income tax, which is charged at a higher rate than corporation tax, partnerships make substantial savings on employees’ National Insurance contributions. They also avoid the tax that is payable when they take money out of a company.

Most interesting of all, you can structure the partnership so it minimises your tax, and you don’t have to say who the partners are.

“If you got your adult children in as partners, and spread the profits out, that would be a smart move,” says Mr Warburton. “Or you could make one of the partners an offshore limited company that doesn’t have to file accounts. That’s another possible way of avoiding tax.” The partners have some scope about allocating the profits – so if some were allocated to any offshore company, there might be relatively little British tax payable.



www.telegraph.co.uk/news/uknews/royal-wedding/8147929/Royal-Wedding-Middletons-money-how-was-it-made.html

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Title: Re: Middleton money
Post by: Spitfire on April 15, 2012, 05:21:36 pm
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TB: :thankyou: My previous reply disappeared into the ether... :spy: It's rather galling to think of all the taxpayers' money that was spent on the wedding and the Middletons are stashing (legally) it away from HM Customs and Revenue. They're not the first and won't be the last high-profile family to do this - think of Philip Green and all his billions that are kept off-shore - but it is their links to the RF that make their actions so unpalatable.

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Title: Re: Middleton money
Post by: Alexandrine on April 15, 2012, 05:28:26 pm
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into the ether? We haven't deleted anything

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Title: Re: Middleton money
Post by: Spitfire on April 15, 2012, 05:39:53 pm
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Alexandrine: it's possible that I didn't press the send button first time round! Such an elementary mistake :shy:

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Title: Re: Middleton money
Post by: YooperModerator on April 15, 2012, 05:59:14 pm
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:laugh: :laugh:
happened to me before as I switch between windows quit often

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Title: Re: Middleton money
Post by: Spitfire on April 15, 2012, 06:01:54 pm
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:tehe: Glad to know that I'm not the only one who does that!

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Title: Re: Middleton money
Post by: Alexandrine on April 15, 2012, 06:05:30 pm
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Ok :tehe:

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Title: Re: Middleton money
Post by: Nymph on April 17, 2012, 12:58:24 am
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Wonder if Pippa's antics in Paris will have any real adverse affects on the Middletons finances. I wonder how they are really doing?

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Title: Re: Middleton money
Post by: Kuei Fei on April 17, 2012, 01:02:20 am
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I think the Midds are going ot have ot break the bank in hiring a good lawyer and then of course there are:

Travel expenses
Food expenses
Lodging expenses
PR expenses

Considering they will have to pay well to live in Paris, France for the duration of this (while putting up a good front as in having good finances) I am sure that they will have to cancel their plans of an annex.

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Title: Re: Middleton money
Post by: June on April 17, 2012, 04:30:29 pm
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Thanks TB. :thumbsup:

For me, I've never gotten over the tax burden and legal risk of the partnership structure (given my knowledge of such things in Oz, anyway). If they were raking in the money, it wouldn't make sense, IMO. But then it appears that the UK tax laws are not as stringent as ours.

@ TB: this practice 'channeling payments via limited companies often offshore and avoiding tax' is illegal in Oz. I'm very surprised it's not in the UK. It's very, very difficult, if not impossible, to get around the general anti-avoidance laws here. The Australian Taxation Office is always getting more vigilant about tax being quarantined in tax shelters, so it's very risky business. It's claimed some very big scalps over the years.

I wonder if UG is a director of one of those 'offshore' companies as a partner in PP? :June: Now that Kate hit the jackpot, it's no longer necessary ...

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Title: Re: Middleton money
Post by: Kuei Fei on April 21, 2012, 07:23:17 am
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I wonder how much funds is goi to be used to get Pippa out of the mess she recently made.

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Title: Re: Middleton money
Post by: memyselfandroyals on April 25, 2012, 11:26:58 pm
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why don't she ask to Percy? :laugh:

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Title: Re: Middleton money
Post by: Kuei Fei on May 14, 2012, 01:41:16 am
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Now that William has come into his fortune, I wonder if the Midds will get a fresh infusion of cash.

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Title: Re: Middleton money
Post by: serene grace on May 14, 2012, 04:00:04 pm
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Quote from: Kuei Fei on April 21, 2012, 07:23:17 am
I wonder how much funds is goi to be used to get Pippa out of the mess she recently made.

She doesn't need a lot of funds to do what she wants to do as far as capturing an Aristo at this point, all she needs is close contact with a willing Aristo and one of the to fall down on his sword and marry her.

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Title: Re: Middleton money
Post by: Kuei Fei on May 20, 2012, 10:24:42 pm
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At some point this family will have to choose between aristocracy or money, the two don't always go hand in hand, as we all know. I just wonder how much money they want to either continue to live the way they are and how much money they want to live the life they've dreamed of living. It is as if they can't hlep but want more each time they have more and get what they want.

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Title: Re: Middleton money
Post by: Snokitty on May 20, 2012, 10:30:09 pm
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Maybe they need the money to maintain their lifestyle. I have always wondered how they got so much money selling cheap plastic tat on the internet. It is not as if they are the only suppliers. :sly: I have heard that Uncle Gary was helping finance the chase to get William but I just thought those might be rumors. Can anyone explain their money?

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Title: Re: Middleton money
Post by: rogue on May 20, 2012, 11:43:36 pm
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They made money through selling customers information and their costumers must have skyrocketed after Williams arrival 8/9 years ago.

They made a exclusive deal with Justin B and it was apparantly worth around the 250.000 and i just saw they are selling the popular Monster High party merchandise ....can you imagine if they made 4 or 5 similar deals like that a year.Their party merchandise doesn't look cheap.Its very possible they are buying good quality .

They used to have 10 employees with a 1000 orders a week and now they have around 30 employees so do the math.With William entering the family PP went from a small firm to a well known company in selling party trinklets on a national scale.They must get orders from allcross britain.

They have expanded their merchandise , have their own catalogue/magazine and a blog.
They are a joint venture right So who is the partner: is it Gary??

This is a family that must have had tons of freebies being sent to them and must get discounts.They don't look upmarket .Their vacations were on a discount aswell i think the Midds invested heavenly in their kids education and lived a frugal life and save their pennies.With William everything was handed to them and i doubt they would be where they are now if it wasn't for our goldenboy.

The company was valued at 8 mill but after the wedding it was valued at 30 mil .

This is all that i can remember from reading the papers so i don't know if it is correct

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Title: Re: Middleton money
Post by: Yooper on May 20, 2012, 11:56:38 pm
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Their greed will, or should be, their eventual downfall. They will always want more. It's sickening to envisage their endless grasping.

Thanks for the timeline/outline, Rogue. I'd forgotten about a lot of that and didn't realize they had expanded their company. I wonder how that fits into JM's limpy online business because when you go to his website, it just circles back to PP. The last time I checked in, which was about a month or so ago, they were selling, to me, the same old cheap stuff; nothing of quality that I could see. Is there a different company to which you are referring?

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Title: Re: Middleton money
Post by: Magnolia on May 21, 2012, 02:33:19 am
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DM comment.
Quote
HER PARENTS ARE SELF MADE MILLIONAIRES>>>is that so Matthew.I'm sure most people in these tough times would love to know how two former BA employees have been able to generate such wealth from selling ($2 packs of paper plates.If you live in London or home counties even a small flat is astronomical.The Middletons however seems to have paid for a large house in a village,a desres in Chelsea 3 grown up children through private school and uni and none of them have real jobs.Then there's the rental house in Mustique,Kate's gap year in Peru 2 weeks after William and a perfectly able daughter who went shopping,holidaying,and partying for 10 YEARS!You wonder.Why people don't warm to this girl and her family!Caroline,sw11 London
Excellente!!!

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Title: Re: Middleton money
Post by: Kuei Fei on May 21, 2012, 02:40:34 am
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Quote
They made a exclusive deal with Justin B and it was apparantly worth around the 250.000 and i just saw they are selling the popular Monster High party merchandise ....can you imagine if they made 4 or 5 similar deals like that a year.Their party merchandise doesn't look cheap.Its very possible they are buying good quality .

They used to have 10 employees with a 1000 orders a week and now they have around 30 employees so do the math.With William entering the family PP went from a small firm to a well known company in selling party trinklets on a national scale.They must get orders from allcross britain.

They have expanded their merchandise , have their own catalogue/magazine and a blog.

The thing is, that that 250,000 went ot Justin, not the PP company. They had to pay through the nose to end up getting that deal.

As for the rest, Madoff (before his arrest and downfall) and Enron, they were flying high and had thousands of employees, so it's not like this company could a tthe same time be putting on a big front and then have nothing.

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Title: Re: Middleton money
Post by: Yooper on May 21, 2012, 06:36:01 am
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Naturally, I have no facts to back this up, but, to me, they behave more like desperate people short on cash, and exhibit none of the confident, relaxed air of the very comfortably wealthy.

It just doesn't add up. I'll grant them that they worked, but somewhere along the line they failed to encourage the same behavior in their children deliberately, so she (I don't think Pa Midds knows diddly) definitely had a scheme she'd been hatching for some time. Any other sensible parent promotes self-sufficiency. She did not do that. She instilled in them the belief that it will all fall into their laps if they play this/that game. It's super sicko.

So, if I go one step further in that direction, there had to be a cash source from somewhere to keep this image alive. If so, then they are deeply in debt to somebody or have blackmailed their way along. It's a real mystery to me.

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Title: Re: Middleton money
Post by: Kuei Fei on May 21, 2012, 06:56:18 am
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Quote
Naturally, I have no facts to back this up, but, to me, they behave more like desperate people short on cash, and exhibit none of the confident, relaxed air of the very comfortably wealthy.

I have to agree with you; they are so increasingly desperate to end up marrying, but also marry rich, which is apparently a sign that things are not all good in Middleton land.

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Title: Re: Middleton money
Post by: Yooper on May 21, 2012, 07:04:07 am
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^Thanks for closing the loop on my thought pattern there, KF. If everything was rosy with their finances they wouldn't be on the hunt in such an obvious and pushy way was where I was trying to go with that. They'd be more inclined to encourage or finance a solid career for Pipster and James. They've made a few weak stabs at it, but, to my knowledge, neither of the two of those kids are working steadily. And that book nonsense is just that. It's more coattail-riding, to me.

And, boy, they're running out of time. Pippa looks older than dirt and James just appears dazed and confused. Their prospects aren't too bright, either. So, what are they going to do, just keep living off of WK I suppose. Now, somebody tell me that's not dysfunctional.

Who among us here would do such a risky thing with their children's lives? Granted, they won the big prize, but it could've gone just as easily the other way and they'd be up a creek and their children's lives would've been ruined without anything of their own to fall back on. It borders on abuse.

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Title: Re: Middleton money
Post by: Kuei Fei on May 21, 2012, 07:33:21 am
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One thing I do know is how almost insane their standards are.

The thing with money, is that you can't spend it all at once if you want it to work for you and you have to understand what will and what won't work and what and what isn't a long term benefit. The one characteristic of new money (and the Midds) is how they are so addicted to instant gratification that they can't delay and then just invest.

Another major thing, is that I think the Midds squandered that trust that was set up to help for their educations and on climbing and who knows what else. I don't at all see any funds left for any future generations and the rest of the Middleton family must be seething about it.

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Title: Re: Middleton money
Post by: Yooper on May 21, 2012, 07:38:27 am
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^What Trust are you referring to, KF? I missed that boat. Is this something UG set up for all the kids but they blew it all on Wasty? I'm adrift on this one.

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Title: Re: Middleton money
Post by: Kuei Fei on May 21, 2012, 07:40:40 am
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Apparently Michael's family's ancestors set up a trust to fund the education of the Middleton family as each one had a family of their own.

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Title: Re: Middleton money
Post by: rogue on May 21, 2012, 08:42:25 am
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The press made a big deal about Micheal Middleton trust but it turned out to be a small amount.I remember that it was said that he borrowed money from familymembers and a loan from the bank.The Midds are not a wealthy family .

I think that Cakekit company was another scheme to sell customers information .
Quote
During 2009 we intend on growing our brand and delivering new and exciting products so sign up to our News Letter to stay in touch.

This is what i found

www.alexa.com/siteinfo/thecakekitcompany.com#

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Title: Re: Middleton money
Post by: rogue on May 21, 2012, 11:21:03 am
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I meant James loaned money and if they were rich , why in the hell stay in Bucklebury and not move up.

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Title: Re: Middleton money
Post by: True Brit on May 21, 2012, 12:24: pm
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Just go to the first post of this thread and read though - it's all there. Skip the bits re enagement to save time. It's a long read but worthwhile if you're new to the topic of the mystery of the Middleton's lavish lifestyle and how it is funded.

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Title: Re: Middleton money
Post by: rogue on May 21, 2012, 12:38:50 pm
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^ you are right , completely forgot about it . :cookie:

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Title: Re: Middleton money
Post by: Kuei Fei on May 22, 2012, 07:05:52 am
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Quote from: rogue on May 21, 2012, 11:21:03 am
I meant James loaned money and if they were rich , why in the hell stay in Bucklebury and not move up.

Just because you have funds does not mean that you spend it; right now is the worst time to buy property anywhere and there are additional ongoing expenditures related to running an estate that large.
Quote from: rogue on May 21, 2012, 08:42:25 am
The press made a big deal about Micheal Middleton trust but it turned out to be a small amount.I remember that it was said that he borrowed money from familymembers and a loan from the bank.The Midds are not a wealthy family .

I think that Cakekit company was another scheme to sell customers information .
Quote
During 2009 we intend on growing our brand and delivering new and exciting products so sign up to our News Letter to stay in touch.

This is what i found

www.alexa.com/siteinfo/thecakekitcompany.com#

They might be doing that and it could be the reason they have funds, but I wonder if they even make any money off of that, I mean, to support the lifestyle they seem determined to lead.

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Title: Re: Middleton money
Post by: Yooper on May 22, 2012, 07:51:55 am
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Thanks to you all for the info on the Trust; I'd just forgotten. There is no evidence that I can see that shows that this little company of theirs is large enough to support their lifestyle. Isn't the tax rate pretty high in England? Nevertheless, they behave as if they do not need to or even overtly show any real signs of being employed on a regular basis. If they, as some have said, have employees, that's not a bonus, that's a minus on the spreadsheet.

No. If they were indeed as wealthy as they claim to be, they would not be acting as hungry as they are and their daughters would have a lot better taste in men and behavior. Even if it's new money, they have behaved as lower-middle class, not the elite by any means.

There is a way to find out what their financial status score is but I'd have to approach them for an opportunity to support a fundraising effort to do so. I've been tempted to do just that for some time. There's no law against it in the US, even for int'l donor prospects. We have lists all the time generated as to who has expendable resources and we work within those parameters just as any non-prof does; it's the norm. Hm. Not sure I want to know.

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Title: Re: Middleton money
Post by: Nymph on May 22, 2012, 09:54:37 pm
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Middleton money whether it is real or just alluded to is so seedy, they as a collective lot just breathe desperation and crass showiness.

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Title: Re: Middleton money
Post by: giamodel60 on May 24, 2012, 12:01: am
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there isn't much money

if there was they would have much more lavish lifestyles

they go to mustique - these are people with a taste for the high life

but they borrow because they have NO money.

TACKY tacky tacky

i can tell you that if i had married a prince my parents would not be accepting freebies
no way no how

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Title: Re: Middleton money
Post by: Kuei Fei on May 24, 2012, 12:40:03 am
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Quote
No. If they were indeed as wealthy as they claim to be, they would not be acting as hungry as they are and their daughters would have a lot better taste in men and behavior. Even if it's new money, they have behaved as lower-middle class, not the elite by any means.

They would alos be more genuinely carefree than putting up a front of being carefree.

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Title: Re: Middleton money
Post by: gloria on May 24, 2012, 01:51:51 am
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I think it was money laundering. 1 online shopping populariaron not until early 2000. since they were cloned credit cards or something in Europe that decade was safe to buy via internet?. 2
How do beat pp to huge companies dedicated to children's parties in the 80 and 90? I think at that time only used the internet is people nerd. 3 Gary gave the money to Carole to enlarge the business and help his nephews. Carole and Gary are very close. 4 Carole could falsify purchase fictitious notes to silence gossip neighbors. and that they receive thousands of overseas orders, the euro became popular after 80 and 90, so no I think they won big money. 5 The trust could pay for schools but not the standard of living of children. Carole is careerist as such I imagine dressed and treated her children as aristocrats for Kate, pipsis believe it. MIDDLETON CHILDREN are spoonfed and selfish. given the middleton aristocratic airs
Children scholarship grant in Private schools are humble and simple leaders by nature. Kate are not, or pip and james. i sorry for my bad english.

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Title: Re: Middleton money
Post by: Yooper on May 24, 2012, 03:01:29 am
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^^Yes. They wouldn't have the hungry look nor would they be photographed the way that they are. The real wealthy just behave differently; designers go to them, for instance, rather than the other way around. Professional shoppers are a mainstay. They travel a lot more often and, as KF pointed out, have a general air of carefree confidence. This bunch exhibits none of those qualities or habits.

Just to satisfy my own curiosity, I looked back at my own shopping habits and Gloria's right. Real, heavy online shopping didn't real hit hard until the mid-2000s. There was a justifiable reluctance to do so with a fear of credit card exposure, etc. My online shopping escalated starting about 2004 and hit its high only in the last two years. That's just one man on the street, but I can say with some confidence that it reflects those that I know as well.

And as for their Party planning company, there's no indication on their website that they have a lot of attention or products that fall into the price point to reflect the amount of money they claim to have made. It just, again, doesn't add up. It appears to be nothing more than a mom'n'pop shop, which CAN be a money maker, but the competition they face is real and heavy, so, no, they didn't make their money in this avenue; it's a cover. It's got to be or we'd hear a lot more about people who'd made millions of dollars doing this and we don't, not without diversification. They would also, at this level of business, would've gone public by now on the stock market (IF they were as biz savvy as they claim) and they are not.

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Title: Re: Middleton money
Post by: serene grace on May 24, 2012, 03:06:18 am
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Quote from: giamodel60 on May 24, 2012, 12:01: am
there isn't much money

if there was they would have much more lavish lifestyles

they go to mustique - these are people with a taste for the high life

but they borrow because they have NO money.

TACKY tacky tacky

i can tell you that if i had married a prince my parents would not be accepting freebies
no way no how

It is odd how they still seem to get and want Freebies and borrow friends homes, boats etc. One thing that I found odd is Kate, Carole and Pippa wore a lot of polyester cheap looking crap during the dating years. They still wear it now, but Kate is finally finding other fabrics now that she has access to money. The family still seems quite tacky despite all the press pumping and daughter's marriage.

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Title: Re: Middleton money
Post by: Kuei Fei on May 24, 2012, 03:25:42 am
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Quote
How do beat pp to huge companies dedicated to children's parties in the 80 and 90? I think at that time only used the internet is people nerd.

Back in the Eighties, the PC was certainly hardly widely used; second, the internet has only been used en masse for the past two decades, starting in the nineties and only in the 2000's has online shopping become mainstream.

I think that perhaps Gary has been sending them money he makes from his 'deals' and they keep it for him and in exchange, they get to spend a chunk of it and that would certainly end up explaining how they have lived so well. I do not think he has quit his shady dealings and I am sure that he does it still.

As for fabrics, they can't be too overt so they dress normally like everyone else, tacky and highstreet, but they dress casually. If Pippa started wearing silks and brocade and taffeta and velvet, people would ask questions as ot where the money is coming from. Is there any point to showing off if more people will probe as to where it is coming from?
Quote
if there was they would have much more lavish lifestyles

they go to mustique - these are people with a taste for the high life

but they borrow because they have NO money

They do go to the villas of other people and borrow boats, but it's because of Kate, not the fact that htey have such wealthy friends. Second, they do cultivate people who have what they want and I theorize that they have been living on loans and credit to keep them going until they find someone wealthy for Pippa.

Then when it comes time to market James, they will aim him at someone wealthy and secure and try ot get their hands on her (the woman who marries James) money and use it to fill the family coffers. Whoever marries James had better prep herself for a lifetime of supporting these leeches.

Title: Re: Middleton money
Post by: Val on August 12, 2013, 12:43:17 am
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Quote from: serene grace on April 10, 2013, 08:23:21 pm
It's odd how they couldn't afford a Manor Home until "after" William married Kate.

I don't think it's anything illegal, but I do think the whereabouts of where their money actually comes from is not all from Party Pieces.(Something definately fishy) :spy:

It has been reported on many blogs and in internet articles that Uncle Gaz's drug and pimp money was laundered through Party Pieces - who knows? What is known was that they are alleged to have paid £700,000 cash for the London apartment, apparently to keep Wasty in the BP radius!!

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Title: Re: Middleton money
Post by: Kuei Fei on August 12, 2013, 01::47 am
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Quote
s not as though her parents have a pad there of their own.

This alone is a key piece of info; if the MIdds were as poshly supplied, there would already be a London town home and they wouldn't even have to worry about finding someone rich, because they would already be in that area. Money wouldn't be on Pippa's list if there was already enough of it.

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Title: Re: Middleton money
Post by: mysha on August 12, 2013, 06:18:34 pm
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Thought Gaz supplier of the cash and he might have been at the start
then

I think a deal and a pic gave them endless cash and a house

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Title: Re: Middleton money
Post by: Kuei Fei on August 21, 2013, 08:22:51 am
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They might have invested wisely, but at the same time, the Midds wouldn't have a hue fortune at the top of their 'must have' list of spouses if they were truly secure. When I look at the family I see them as people who have ended up living credit card to credit card and yet, living the impossible lifestyle they feel entitled to.

There is no way that this family is flush with cash earned from investments. If they were, James and Pippa would be in more serious jobs and a lot of kids who come from money are not all idle wasters who don't think of the next day. Lately, modern trustafarians are in fact very career oriented and enjoy their own lives beyond partying.

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Title: Re: Middleton money
Post by: starlite on August 21, 2013, 04:43:34 pm
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seriously...what are Pippa and James doing for jobs?
I know people who are truly multi-millionaires and their children don't live such jet-set, flagrant lives.

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Title: Re: Middleton money
Post by: Countess of Holland on August 21, 2013, 05:14:07 pm
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Quote from: Kuei Fei on August 21, 2013, 08:22:51 am
Lately, modern trustafarians are in fact very career oriented and enjoy their own lives beyond partying.

And especially the ones from old money are totally unknown as they avoid the limelight and prefer to stay in the back, leading honourable lives, making their own living while having their ancestors money as 'extra' or to fall back on.

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Title: Re: Middleton money
Post by: Kuei Fei on August 22, 2013, 11:02:32 am
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Quote from: starlite on August 21, 2013, 04:43:34 pm
I know people who are truly multi-millionaires and their children don't live such jet-set, flagrant lives.

Yet, a lot do; it mainly has to do with the type of money you make.

Often celebrities like JLO and pop stars and dipwit actors have their kids out on the make as young as thirteen with clothing lines and such, teaching them that they have to get it while they can before they lose their chance and as a result, live a life of vulgar (yet I'm sure fun) flaunting all they have lifestyle.

Kids of self made people in business, who actually work with a specialization or skill set end up enjoying the fruits of a secure life, but understand that other than a few serious indulgences, it's important to run your own life, drive a nice non-flashy car, and end up with a practical, comfortable living. Solid lives of their own really.

I can tell by the way the Midd Trio behave that they know they aren't going to have much left over to them by their parents, so they have to go after all of it like ants on candy. They are not sticking around school, building up a resume and leading solid lives, they are determinedly pursuing bank accounts cause they know they are on the edge.
Quote
seriously...what are Pippa and James doing for jobs?

Apparently James is playing at being a man who handles big designer names while running a porno pastry company while Pippa makes a complete fool of herself as a 'writer' for Vanity Fair and Waitrose and chases after a wedding ring and various titled Eurotrash who like to point guns at people.

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Title: Re: Middleton money
Post by: True Brit on August 22, 2013, 11:50:59 am
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And I guess the point is that the Midds haven't made celebrity type riches and from the available evidence PP's not big enough or lucrative enough a solid business like a family manufacturing or engineering company to fund their five star lifestyle.

The Gilligan report also established they hadn't inherited a huge amount from MM's side though there was a possibility of school fees from a trust fund but that was about it and Pippa got a sports bursary anyway which sort of indicates if the fees were no issue why would they apply for this?

So just where did it come from?

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Title: Re: Middleton money
Post by: Kuei Fei on August 22, 2013, 09:53:18 pm
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Supposedly the Middleton family had a kind of communal trust fund to use through the generations; it is possible that this family could have ended up bankrupting it in their pursuit of William and living a lifestyle above their general means.

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Title: Re: Middleton money
Post by: starsailor on August 22, 2013, 10:02:59 pm
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The midds remind of the 'nouveau riches' who like to show off that they have money and 'power'. But in fact their financial situation is probably not that great anymore. I agree with all of you that such a business as PP is not as profitable as they want to make us believe. Hence their need to pursue 'bank accounts'. They are going to rely on Uncle G for a longer time I guess.

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Title: Re: Middleton money
Post by: buflesse on August 23, 2013, 12::27 am
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You know, UG is getting a pretty raw deal. Shunned in public by the Midds, but he still provides for them, presumably so they don't cut him off altogether.

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Title: Re: Middleton money
Post by: Kuei Fei on September 02, 2013, 02:43:17 am
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I wonder how Carole is going to use the money they barely have to fund James' London (or international) campaign for a wife. It'll take a lot longer and I don't think his standards run along the Donna Air types, but among the type that Pippa is marrying. It's going to take a mint just to give him a makeover to make him look less creepy.

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Title: Re: Middleton money
Post by: Venus De Milo on September 02, 2013, 02:59:53 am
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James creepy look is due to his character not his looks. You can't just change that, after all it runs in the family.
Just look at Carole.

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Title: Re: Middleton money
Post by: serene grace on September 02, 2013, 01:25:36 pm
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There is no way 90,000 pounds inheritance from a great grandparent, made it to the current generation. IMO that whole scenerio does not add up. The Middleton's money has always been very hard to pin down for a reason. IMO

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Title: Re: Middleton money
Post by: Snokitty on September 02, 2013, 01:57:18 pm
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^ It could if it were invested and managed properly but we would also need to know how many people got the benefit of that money. It is not as if Michael and his children were the only recipients.

What I can't fathom is how does one get 30 million out of selling cheap plastic and paper party items.

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Title: Re: Middleton money
Post by: Countess of Holland on September 02, 2013, 05:54:42 pm
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Quote from: Snokitty on September 02, 2013, 01:57:18 pm
What I can't fathom is how does one get 30 million out of selling cheap plastic and paper party items.

One doesn't. This company is not worth 30 million. Not even close.

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Title: Re: Middleton money
Post by: buflesse on September 04, 2013, 12:07:25 pm
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Quote from: Kuei Fei on September 02, 2013, 02:43:17 am
I wonder how Carole is going to use the money they barely have to fund James' London (or international) campaign for a wife. It'll take a lot longer and I don't think his standards run along the Donna Air types, but among the type that Pippa is marrying. It's going to take a mint just to give him a makeover to make him look less creepy.

:laugh:

I think this is why James is cosying up to UG. Carole has made it clear that she can't and won't fund his lifestyle, so he has to look elsewhere.

It's blindingly obvious that the Midds have no money (at least compared to what they say they have), and they've shunned UG now they have PW and the Palace paying for everything. The manor house, the staff...all mysteroiusly obtained AFTER the wedding. If they were that wealthy, they would have jumped on the bandwagon long before now.

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Title: Re: Middleton money
Post by: rogue on September 04, 2013, 12:52:23 pm
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^Yup.If they had that cash they would have bought that house with no help.

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Title: Re: Middleton money
Post by: rainbow on September 04, 2013, 01:47:07 pm
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As we say in the u k " all fur coat and no knickers!" Outward appearances are everything

I know it is completely OT but has the pipster thread been moved to members only? :thankyou:

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Title: Re: Middleton money
Post by: bluetee27 on September 04, 2013, 10:02:08 pm
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Unless they get on William's bad side, they will always be protected. Financial problems is the least of their concern :cookie:

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Title: Re: Middleton money
Post by: Val on September 04, 2013, 11:35:40 pm
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Quote from: starsailor on August 22, 2013, 10:02:59 pm
The midds remind of the 'nouveau riches' who like to show off that they have money and 'power'. But in fact their financial situation is probably not that great anymore. I agree with all of you that such a business as PP is not as profitable as they want to make us believe. Hence their need to pursue 'bank accounts'. They are going to rely on Uncle G for a longer time I guess.

On various Internet sites including the old Enclave site it was said that uncle Gaz's drug and pimp money was laundered through PP's -it certainly makes sense as they then all have something on each other - who knows? Someone even asked UK Revenue and Customs to look in to it but I doubt if they ever did as it was suggested by several posters that they would have been gagged.

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Title: Re: Middleton money
Post by: serene grace on September 04, 2013, 11:48:47 pm
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Quote from: buflesse on September 04, 2013, 12:07:25 pm
Quote from: Kuei Fei on September 02, 2013, 02:43:17 am
I wonder how Carole is going to use the money they barely have to fund James' London (or international) campaign for a wife. It'll take a lot longer and I don't think his standards run along the Donna Air types, but among the type that Pippa is marrying. It's going to take a mint just to give him a makeover to make him look less creepy.

:laugh:

I think this is why James is cosying up to UG. Carole has made it clear that she can't and won't fund his lifestyle, so he has to look elsewhere.

It's blindingly obvious that the Midds have no money (at least compared to what they say they have), and they've shunned UG now they have PW and the Palace paying for everything. The manor house, the staff...all mysteroiusly obtained AFTER the wedding. If they were that wealthy, they would have jumped on the bandwagon long before now.

I agree, I think most of these money amounts just aren't adding up. No way any big inheritence even made it to Michael Middleton, what he recieved was quite small, less than 10,000 according to reports. This family is suspect. I don't believe much of what the press has written concerning their supposed wealth. Something is greatly askew. IMO

I think Gary can probably account for his money at this point better than the Midds can. At least there are written reports that he sold his internet company for a certain amount(Millions, I never heard the exact amount) but with that sale of his business, there is a paper trail somewhere. I'm not sure where the Middleton's money is coming from but I have never believed it is coming from that party crap, nor do I believe Michael got some huge inheritance, the money never adds up. Something is up, it just doesn't smell right.

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Title: Re: Middleton money
Post by: Kuei Fei on September 05, 2013, 01:34:37 am
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Something is gonna come out about this, I can feel it; Kate was living pretty well, but not as lavishly as her more monied peers while dating William. She relied on freebies and discounts (gained via her association with William) and she wasn't really as well set up as the other women in William's set.

I wonder how long until the truth comes out.

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Title: Re: Middleton money
Post by: starsailor on September 05, 2013, 02:04:22 am
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Quote from: Kuei Fei on September 05, 2013, 01:34:37 am
Something is gonna come out about this, I can feel it; Kate was living pretty well, but not as lavishly as her more monied peers while dating William. She relied on freebies and discounts (gained via her association with William) and she wasn't really as well set up as the other women in William's set.

I wonder how long until the truth comes out.

Did some of the companies/designers who gave her discounts/freebies talk about her in the recent time? They could start 'talking' if she doesn't contact them anymore. Some of them might be annoyed because they provided her with freebies etc., but didn't get her as a regular customer or didn't get PR in return. It would be positive PR for them if she would use their services again.

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Title: Re: Middleton money
Post by: buflesse on September 05, 2013, 02:04:12 pm
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In all honesty I doubt designers really care much about WK. They have to gush about her in public but some of them have had the guts to come out and say what a mess she is (e.g. Vivienne Westwood).

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Title: Re: Middleton money
Post by: One of the Peasants on September 05, 2013, 05:19:59 pm
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Quote from: starsailor on September 05, 2013, 02:04:22 am
Quote from: Kuei Fei on September 05, 2013, 01:34:37 am
Something is gonna come out about this, I can feel it; Kate was living pretty well, but not as lavishly as her more monied peers while dating William. She relied on freebies and discounts (gained via her association with William) and she wasn't really as well set up as the other women in William's set.

I wonder how long until the truth comes out.

Did some of the companies/designers who gave her discounts/freebies talk about her in the recent time? They could start 'talking' if she doesn't contact them anymore. Some of them might be annoyed because they provided her with freebies etc., but didn't get her as a regular customer or didn't get PR in return. It would be positive PR for them if she would use their services again.

The way she treated and dumped the Issa label is appalling. I actually like those gowns she wore way back when. Why does she stick with Sarah Burton when Issa made her look sooo nice.

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Title: Re: Middleton money
Post by: buflesse on September 06, 2013, 03:09:17 pm
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^She dumped it because Issa was bought last year by Camilla Al-Fayed, daughter of Mohamed Al-Fayed, and the RF wouldn't have been happy with the association.

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Title: Re: Middleton money
Post by: Kuei Fei on September 22, 2013, 10:03:53 am
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If I had to look at their money situation I would have to say that they are an upper middle class with a lot of debt backing their lifestyle.

Upper middle class
Quote
using income, education and occupation as the predominant indicators.[1] In the United States, the upper middle class is defined as consisting mostly of white-collar professionals who not only have above-average personal incomes and advanced educational degrees[1]
en.wikipedia.org/wiki/Upper_middle_class

Through experience this is a class where they like money and want the lifestyle, but they aren't willing to do the work to get it. They are often the types that are a lot more ambitious and yet, aren't willing to be realistic about a lot of things, most notably what it takes to make the leap into the upper class. The women are often infantilized and made to be helpless while the men are often pressured to get rich, but not take risks, something that is needed to become wealthy.

Kate and Pippa are the types that want the finer things in life, but think refuse to grow up and James is being ridden to work hard and make a fortune to support a wife, but the three of them are unwilling to be practical. Kate could have easily made her fortune, but refused to do a few simple things and make millions. She aped the upper class by latching on to William while Pippa ended up running around with the Eurotrash crowd, getting into more trouble. It's a pity the three have refused to do honest work.

I think they were brought up to get money, but the recent modern trend is that wives are expected to have money of their own and men aren't willing to support someone in style 'just because' it's expected. Same with men; wealthy successful women no longer date and marry mooching men with no direction just because. Kate got lucky, but Pippa is still struggling. So I think that money is the problem in the Middleton household. The problem will end up spilling over if the Middletons go bankrupt.

I think it's a matter of time until the Middletons end up bankrupt and there is no way that Pippa and James can be supported indefinitely.
Quote from: One of the Peasants on September 05, 2013, 05:19:59 pm
Quote from: starsailor on September 05, 2013, 02:04:22 am
Quote from: Kuei Fei on September 05, 2013, 01:34:37 am
Something is gonna come out about this, I can feel it; Kate was living pretty well, but not as lavishly as her more monied peers while dating William. She relied on freebies and discounts (gained via her association with William) and she wasn't really as well set up as the other women in William's set.

I wonder how long until the truth comes out.
Did some of the companies/designers who gave her discounts/freebies talk about her in the recent time? They could start 'talking' if she doesn't contact them anymore. Some of them might be annoyed because they provided her with freebies etc., but didn't get her as a regular customer or didn't get PR in return. It would be positive PR for them if she would use their services again.
The way she treated and dumped the Issa label is appalling. I actually like those gowns she wore way back when. Why does she stick with Sarah Burton when Issa made her look sooo nice.

Sarah Burton is a McQueen couture label and like users, once she can afford better, she moves up away from her past. Issa isn't royal enough for her anymore.

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Title: Re: Middleton money
Post by: buflesse on September 22, 2013, 02:55:52 pm
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Upper middle class in the UK is more about having an esteemed ancestry :dontknow:
Quote
The upper middle class in Britain broadly consists of people who were born into families which have traditionally possessed high incomes, although this group is defined more by family background than by job or income. This stratum, in England, traditionally uses the Received Pronunciation dialect natively.
The upper middle class are traditionally educated at private schools, preferably one of the 'major' or 'minor' "public schools" which themselves often have pedigrees going back for hundreds of years and charge fees of at least £33,000 per year per pupil (as of 2013).
Many upper-middle-class families may have previous ancestry that often directly relates to the upper classes. Although not necessarily of the landowning classes - as a result, perhaps, of lack of a male heir - many families' titles/styles have not been inherited and therefore many families' past status became dissolved.
Although such categorisations are not precise, popular contemporary examples of upper-middle-class people may include Boris Johnson, David Cameron (politicians), Helena Bonham Carter (actress), and Matthew Pinsent.

I would say they can only be described as wannabe nouveau riche.

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Title: Re: Middleton money
Post by: MelissaRose on September 22, 2013, 05:43:40 pm
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The Middletons are NOT upper middle class. The upper middle class is usually defined by professional, well-educated career people consisting of lawyers, doctors/surgeons, lecturers, engineers, etc. Carole is not an educated woman and Mike was "only" a flight dispatcher. Even with their party tat business and alleged "wealth" I would still not qualify them as upper middle class. Pippers and commoner/per-marriage Kate don't count either, they may have degrees but barely worked and James is not qualified and sells cakes for a living. Also tbh I think the fact that they have such working class roots and not so distantly either disqualified them as being any kind of posh (U-M class is the poshest one can get without being a blue-blood, naturally). And I'm not being a snot as my own family does too, although we are now professional/educated people (much more so than the Medds).

I would classify the Midds as middle class/lower middle class if anything.

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Title: Re: Middleton money
Post by: Countess of Holland on September 22, 2013, 06:04:17 pm
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This family is indeed no upper-middle-class. This is a class that essentially has arrived and are related by marriage or blood to the peers and gentry. A family like the Middletons are more striving middle class.

With one or two generations of serious work and maintaining the wealth (if there is any), proper education and professional careers, they might be considered upper middle class by then. But we all know that that is not going to happen. Pippa and James lack the stamina or preseverance to seriously pursue a career.

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Title: Re: Middleton money
Post by: Val on September 23, 2013, 07:03:56 pm
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Quote from: rogue on September 04, 2013, 12:52:23 pm
^Yup.If they had that cash they would have bought that house with no help.

They are also said to be forking out enormous amounts for damage control after the surrogate saga. Homebase products feature in their latest PR initiative and there is no way they would include those for free. The DM has been saturated during the last few weeks with ridiculous over the top fawning articles about Willy and Waity which most of the public can see straight through but these cost money. Willy's inheritance isn't going to last for ever either!

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Title: Re: Middleton money
Post by: serene grace on September 23, 2013, 11:20:55 pm
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Quote from: MelissaRose on September 22, 2013, 05:43:40 pm


I would classify the Midds as middle class/lower middle class if anything.

Same thing James Whitaker said. :thumbsup:

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Title: Re: Middleton money
Post by: Kuei Fei on October 20, 2013, 05:50:07 am
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I wonder how long the funds are going to last; after all, James is still muddling around and Pippa hasn't caught her bank account, so what for the future? There is no way that they can have any money left, anything substantial considering the expensive tastes of Pippa and soon James will want his slice of the nice life.

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Title: Re: Middleton money
Post by: Val on October 20, 2013, 09:01:29 am
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They are probably dipping in to silly Willy's inheritance and still tapping Uncle G at the moment but with the enormous amounts being paid for PR and astroturfers even that won't last. There have been many calls from the public to investigate UG's questionable sources of money (excluding his share in the sale of the IT company) and whether money was laundered through PP, these of course have been quashed for the moment by TPTB.

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Title: Re: Middleton money
Post by: buflesse on October 20, 2013, 01:58:46 pm
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I imagine Uncle Gary and Donna Air are funding James's lifestyle. Pippa seems to be doing a lot of freeloading amongst designers etc and I'm sure she's being paid handsomely for her columns by gullible newspapers and of course there's the Waitrose column, which eases the financial burden on Carole. The manor presumably doesn't have a mortgage on it and Ma & Pa Midds have no real friends to socialise with so I imagine they're living relatively frugally, especially when the costs of a PR company are taken into account. There's no way PP is worth £30m but I imagine they'll be making an OK profit on it. They haven't been to Mustique in a while; my guess is that they're waiting for PW to go so they can tag along and get a free holiday.

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Title: Re: Middleton money
Post by: serene grace on October 21, 2013, 12:36:07 pm
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.....also the Jigsaw owners house in Mustique Kate use to stay in sometimes, is now going through a divorce, so that freebie is probably no longer available to them.

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Title: Re: Middleton money
Post by: CathyJane on October 22, 2013, 02:49:02 am
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We can only hope that's the case. :tehe:

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Title: Re: Middleton money
Post by: One of the Peasants on January 08, 2014, 11:29:23 pm
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I have often wondered why I love the American South so much, and New Orleans in particular. Here is my answer, another priceless gem from our friend Sarah Whalen.

www.bayoubuzz.com/buzz/item/574601-kate-middleton-s-coat-dress-takes-flighty-through-parents-past (http://www.bayoubuzz.com/buzz/item/574601-kate-middleton-s-coat-dress-takes-flighty-through-parents-past)

After reading this article, I had a moment where I wished I was a gladiator in the Coliseum declaring, "Those of us about to read, salute you" and our friend from the Bayou Buzz would have place of honor on the 50 yard line in a long flowy robe with a laurel decorating that inspired head of hers.

Enjoy ladies. There are moments when the American media actually makes me proud, this is one such occasion.

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Title: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Stephanie on February 22, 2014, 11:49:37 pm
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www.dailymail.co.uk/news/article-2565539/The-family-tragedy-helped-Middletons-make-millions.html :laugh: :laundry: :cookie: :stop:

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Kuei Fei on February 22, 2014, 11:50:54 pm
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Another asinine story about their past.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Stephanie on February 22, 2014, 11:53:11 pm
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^
Yup.
I think something major is about to be revealed.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Nighthawk on February 23, 2014, 12:33:54 am
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her fathers side and he had all this money so he could fly commercial planes :sly:

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Fly on the wall on February 23, 2014, 12:47:28 am
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So it took them this long to dig up this info?

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: cate1949 on February 23, 2014, 12:56:07 am
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the trust fund info has been out there awhile - I read it some time ago - so why is this coming out now? Interesting though how it ties into the WWI experience - all those young men dying and the consequences of that -

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Kuei Fei on February 23, 2014, 12:59:20 am
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Quote from: Stephanie on February 22, 2014, 11:53:11 pm
^
Yup.
I think something major is about to be revealed.

This does sound oddly preemptive; I mean, what on earth should we be told about where their tuition money was coming from?

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Adeline on February 23, 2014, 02:06:29 am
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^Yup. This story's coming out now because..... :sly:

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Sparky on February 23, 2014, 03:40:57 am
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They need good PR is why this is coming out now, the Midds and Royal family's PR machines have been in overdrive lately.

1) Show the Midds and Waity did not get their wealth from a dodgy source and are not gold diggers, social climbers and freebie acceptors, so people think more positively about them.
2) Keeps them in media and in the public consciousness, which means more awareness.
3) Hope some will see this as an invasion of privacy and/or some sort of media hounding and will feel sympathetic towards them.
4) Show that they have a intelligent ancestor and so they can look good by association.

It's pretty sad that this is what the PR can come up with. :wopedo:

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Title: Re: Middleton money
Post by: Val on February 23, 2014, 06:23:09 am
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More desperate damage control as suggested by some of the commenters. It was also suggested somewhere that the actual amount of inheritance was inflated too.

www.dailymail.co.uk/news/article-2565539/The-family-tragedy-helped-Middletons-make-millions.html

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Countess of Holland on February 23, 2014, 07:30:00 am
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Quote from: cate1949 on February 23, 2014, 12:56:07 am
the trust fund info has been out there awhile - I read it some time ago - so why is this coming out now? Interesting though how it ties into the WWI experience - all those young men dying and the consequences of that -

It is quite disgusting how the DM is trying to sell this as a 'unique tragedy' because it isn't. All over the UK (and France) there are families who have lost multiple sons, siblings etc during the Great War. More than a few peerages have died out because of The Great War and many a family fortune evaporated because of it (because of multiple death duties).

As for the trustfund, I am not sure the numbers add up, but I guess that also depends on how much great-grandchildren Olive Lupton has.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: theduchess on February 23, 2014, 09:15:39 am
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A strange article brought up at a strange time so it makes me wonder who has been asking questions?

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Val on February 23, 2014, 09:17:20 am
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I agree, the numbers don't add up, I posted this and the article on the Mid money thread too. Yes, another desperate damage control article to make them sound respectable before the Oz trip. They don't want any awkward questions about Fester's money or even questions about pa meds alleged transportation of 'goods' trips.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: True Brit on February 23, 2014, 10:43:26 am
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^ et al :thumbsup: Whilst I think there was some money for education I doubt it was as much as they claim the others in this trust only went to middling public schools MM went to Clifton in Bristol as did his father and presumably brothers) (not top drawer like Marlborough and these trusts only contribute towards the fees there are many, may extras to be met on top of the basic cost.

It also beggars the question as to why Pippa applied for and got a sports scholarship or whatever if they didn't need such a benefit as the fees were all paid for.

Humbug! More in the battle of the Mansons are great PR BS - issued by...well it has to be the Mansons.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Stephanie on February 23, 2014, 10::04 am
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By the time they would need money to send Waity to Marlborough the Mansons claimed to be millionaires. :lie:
I guess it has come out that they were not and they need PR to justify and explain their absurd spending on Waity's schooling.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: True Brit on February 23, 2014, 10:53:41 am
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^ Yep and they weren't Ma Mansons was doling out party bags from a back room. Then PDQ there's the much bigger house, the flat, the land, the racehorse and the private airplane. Did I mention the private airplane?


DT made some enquiries of the solicitors who administer this fund in Leeds and they refused to say how much but added it was something like 'likely to be substantial' - so what does that mean? Was it substantial to start and is fairly modest now.

Unless they say how much and confirm it it could e anything from £100 to £10,000. Also such a fund would be in place to go down the years and not just spend a heap on a few individuals.

BS and yes the timing is highly suspect. C'mon investigative journos who's been sniffing around?

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Stephanie on February 23, 2014, 11:18:26 am
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^
Gramps inheriting £13.000 does not explain Waity getting a £ 32.000(plus the rest!) education for years on end, that's for sure.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Gaeaskywalker on February 23, 2014, 11:36:01 am
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Why coming out with this now? For years people say they spend the money of uncle G. Why didn't this came out back then? Makes my wonder if they are going to make a huge spending on something, or they already spent on something that is about to come out.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Snowdrop on February 23, 2014, 11:48:04 am
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Quote from: Stephanie on February 22, 2014, 11:49:37 pm
www.dailymail.co.uk/news/article-2565539/The-family-tragedy-helped-Middletons-make-millions.html :laugh: :laundry: :cookie: :stop:

Oh yes :laugh: :laugh: :laugh:

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Stephanie on February 23, 2014, 12:02:51 pm
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I think it would be safe to assume that-like everything the Mansons claim-this is a lie from a to z.
www.marlboroughcollege.org/fileadmin/user_upload/General_Documents/Policy_Documents/Bursary_Policy_23rd_Jan.pdf
Pippers went on a sports scholarship and that means the Mansons would have to show ALL their finances, including funds, savings and homes. :Carole:

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: gingerboy24 on February 23, 2014, 12:09:48 pm
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Does anyone remember an article re the meddleton inheritance, not sure whether in a rag or a thread on here. where it laid out how much pa medd had inherited, and my mind is saying about 100k. Quite a bit of info in it and trashed a lot of other info on his big inheritance as gossip, rumour and speculation. Will have a trawl on here later, but does anyone else remember it, be handy to find it int he light of this article.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: gingerboy24 on February 23, 2014, 12:27:09 pm
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Found these two links on Google, also another link, which I won't post, referring to PP and medd finances, which of course we can have a trawl through on here in the Party Pieces thread.

wills.about.com/b/2011/03/19/middleton-family-inheritance-being-used-to-pay-for-royal-wedding.htm

www.telegraph.co.uk/news/uknews/royal-wedding/8147929/Royal-Wedding-Middletons-money-how-was-it-made.html



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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: Stephanie on February 23, 2014, 12:52:13 pm
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^
Good finds, GB.
The Mansons have been spending like crazy while claiming "poverty" which they would have to PROVE to get Pippers on a scholarship. :ick:
Well, I guess they showed Marlborough College the profits from Party Pieces then. :laugh:
The real cashflows in that household come from somewhere else; certainly not the very small Manson trust fund.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: india on February 23, 2014, 03:42:09 pm
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And we all know where it's coming from.

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: MelissaRose on February 23, 2014, 05:16:51 pm
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I'm pretty sure I heard somewhere that the Medd kids were on scholarships/burseries (apparently Pippa was awarded a sports scholarship), which would mean they either had free tuition or only had to pay part of the fees. Private schools in the UK all have charity status anyway which does allow children from less privileged backgrounds to attend for free/reduced fee prices.
At least this article pretty much confirms that the Medds are not worth millions because of Party Tat Inc. :laundry:

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: True Brit on February 23, 2014, 06:37:28 pm
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Olive Lupton/ Middleton had four children - Peter, Anthony, Christopher and Margaret. They all in turn married and Peter had four sons of which MM was one, his brother Anthony married his wife's twin sister and they had a number of children either 3 or 4 and let's say for the sake of argument the other siblings also had children (I don't know either way).

Peter's four turn add on five grandchildren if the same happens to the other three then that's some a potential 30 people in this trust fund and they in turn have offspring etc...it keeps getting watered down.

Here's what MM inherited in 2010.
Quote
Peter Middleton’s death also marked another milestone for the Middleton clan, however. It was the moment when the wealth accumulated by Middleton’s ancestors was passed to the next generation. Last week, it was announced that Middleton had left an estate of £647,758 gross. The net sum after settling outstanding affairs and debts – which a legal source speculated were probably “soft family loans” – was £432,121.
This sum was shared between his four sons – Richard, 63, Michael, 61, Simon, 58, and Nicholas, 54. They will each receive a share of £97,300. A convenient windfall for Kate’s parents, who have said they want to contribute up to £50,000 for their daughter’s big day.


And Francis Lupton gave away most of his wealth to various organisations in the city of Leeds. I know the basis of the city art gallery was from his collection of paintings and the grand houses in Headingley were donated to charities.

AS to the trust fund if you read this properly no-one really knows where it went and the anonymous legal source fails to confirm anything.
Quote
In the years since Francis Lupton devised his trust, it has mutated into a wide range of holdings. It once controlled Lupton’s quarter share in the family business, property holdings across Leeds, and a stake in the Grand Arcade shopping centre in the city. This was sold by the trust in 1938, along with other property interests – and exchanged for modern stockmarket investments.

What became of the family business is unclear – Companies House shows no record of its existence. But The Daily Telegraph has been told that the trust, which has now become several trusts, is administered by a Leeds solicitor.

A legal source in Leeds, who wishes to remain anonymous, says: “The Lupton property holdings were huge, and generated large amounts of rent. I believe most of this has now been put into stocks, shares and so on, and generates an income. Of course it will be shared among descendants, but the amounts involved are believed to be substantial.”

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Title: Re: Middleton's spending on Kate's schooling explained-has NOTHING to do with Gary G
Post by: True Brit on February 23, 2014, 06:53:13 pm
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Timed out but this is a good bit of viewing from just before the wedding. Somewhere in it (sorry can't recall where) they ask some of the other Middletons about the family fortune and they just shake their heads and say they don't know where it went as they never received anything and it seems not even an education.

www.channel4.com/programmes/meet-the-middletons/episode-guide

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Title: Re: Middleton money
Post by: Kuei Fei on June 20, 2014, 05:46:09 pm
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If the Midds were so old money, with the same values, why on earth is it that none of them have any semblance of a work ethic? Most old monied types make sure their kids, these days, have actual careers and have actual resumes, not asinine token jobs and getting mixed up with the law (Paris).

Second, for all that Kate supposedly comes from money, why is Charles footing all her bills and why is William probably paying her entire way? She should by now have had her own bank account, her own work background, and she wouldn't be flaunting her advantages if she didn't have anything to prove.

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Title: Re: Middleton money
Post by: Rosella on June 21, 2014, 02:19:19 am
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I don't think the Middleton family is 'old money' in the accepted sense (as understood in the US.) with generation after generation being wealthy, having quite large and impressive family homes etc.
I think one, perhaps two, generations of her paternal forebears, became substantially wealthy and then that money became distributed down among the descendants. That would have given quite a comfortable middleclass lifestyle, no more. That is perfectly illustrated by Kate's paternal great-grandfather being a solicitor, her grandfather a pilot, and so on. Carole's Goldsmith family, by contrast, were working class, and then aspirational working class, through a great deal of hard graft by Carole's father!

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Title: Re: Middleton money
Post by: cate1949 on June 21, 2014, 06:21:59 am
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Because KF - she is married - the wife's family does not buy her clothes for her - she is a grown up so either thru her own effort of her husband's - she does not get Mommy's support. As for why PC pays the bills - cause PC pays his sons bills - hence he also pays his son's wife's bills.


He will also pay Harry's wifes bills. Unless of course the RF suddenly decides their princes need to get jobs and support themselves.

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Title: Re: Middleton money
Post by: Snowdrop on June 21, 2014, 11:34:29 am
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Quote from: cate1949 on June 21, 2014, 06:21:59 am
Because KF - she is married - the wife's family does not buy her clothes for her - she is a grown up so either thru her own effort of her husband's - she does not get Mommy's support. As for why PC pays the bills - cause PC pays his sons bills - hence he also pays his son's wife's bills.


He will also pay Harry's wifes bills. Unless of course the RF suddenly decides their princes need to get jobs and support themselves.

Well he's certainly cut her clothing budget recently

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Title: Re: Middleton money
Post by: gingerboy24 on June 21, 2014, 12:00:07 pm
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^Yes, definitely. Coming to something when she has to wear an old clubbing frock to visit a hospice charity. I see that awful maniacal grin was present in her clubbing photos, she has not changed in that direction.

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Title: Re: Middleton money
Post by: CathyJane on June 21, 2014, 09:55:48 pm
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Nope, she's had that smirk since she first hove into Willy's sight.

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Title: Re: Middleton money
Post by: Kuei Fei on June 22, 2014, 05:27:37 pm
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To me the Midds epitomize the new money ideal; living a responsibility free life while trying to find someone to take care of them while they enjoy a new free ride.
Quote from: cate1949 on June 21, 2014, 06:21:59 am
Because KF - she is married - the wife's family does not buy her clothes for her - she is a grown up so either thru her own effort of her husband's - she does not get Mommy's support. As for why PC pays the bills - cause PC pays his sons bills - hence he also pays his son's wife's bills.
He will also pay Harry's wifes bills. Unless of course the RF suddenly decides their princes need to get jobs and support themselves.

Perhaps I just resent how Kate wasted so much money and done so little. Thing is, it's a kind of a slap in the face that Charles is paying for a woman who is undermining the very foundations of the monarchy, while throwing his generosity in his face with bad press.

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Title: Re: Middleton money
Post by: Maya on September 12, 2014, 03:22:33 pm
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I was doing some digging on an unrelated topic and paid a visit to The Elector@l Commission Website:

www.elector@lcommission.org.uk/find-information-by-subject/political-parties-campaigning-and-donations/donations-and-loans-to-political-parties/quarterly-donations-and-loans#topdonors

www.elector@lcommission.org.uk/__data/assets/pdf_file/0006/170907/Q2-2014-donations-and-loans-summary-document.pdf

At numero neuf for The Conservative Party - in a list of 10 top donors for all of the UK political parties - for Q2 2014 is a Mr James R Lupton donation £255,256

If that name sounds familiar, it may be due to this investigation by The Daily Telegraph in 2010:


Quote
The trust was set up by Kate Middleton's great great grandfather, Francis Martineau Lupton, a wealthy Yorkshire mill owner, who built a huge fortune which he left to his family when he died in 1921.

Francis Lupton had been a city councillor and an alderman in Leeds at the beginning of the 20th Century, and was the first chairman of the city's unhealthy areas committee which was responsible for clearing away the city's slums.

He was a member of the breakaway Liberal Unionists, who were opposed to Home Rule for Ireland proposed by the Liberal Prime Minister William Gladstone, and joined the ranks of the Conservative Party in 1895.

Telegraph How a Victorian industrialist helped Kate Middleton's parents
Kate Middleton's journey from ordinary middle class girl to future princess has all the elements of a romantic fairytale.
www.telegraph.co.uk/news/uknews/royal-wedding/8164731/How-a-Victorian-industrialist-helped-Kate-Middletons-parents.html

Now - and this is a very important point to make - that may be an entirely unrelated Lupton to Kate Middleton's lineage and there is no direct evidence to suggest a blood tie or any relative links to Kate Middleton.

However it set me to a pondering and I'm just a wondering to myself though if Kate makes it to Queen Consort where she will stand in terms of political neutrality with possible people related to her being major donors to political parties of the centre right persuasion. The Queen herself has always been declared to be politically neutral...

On another interesting note this Lupton - again possibly unrelated to Kate Middleton- has a CBE. He's also the Conservative Party co-treasurer
Quote
James qualified as a UK solicitor in 1979, and worked at Baring Brothers for 17 years, where he became Deputy Chairman in 1995.

www.britishmuseum.org/about_us/management/trustees/james_lupton_cbe.aspx

Quote
The Conservative Party today announces that James Lupton CBE has been appointed Conservative Party Co-Treasurer. The appointment was made by the Prime Minister following a recommendation by the Board of the Party. James Lupton will have specific responsibility for the General Election Fighting Fund.

www.politicshome.com/uk/article/71536/james_lupton_appointed_new_co_treasurer_of_the_conservative_party.html

It's such a small world the UK.

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Title: Re: Middleton money
Post by: starsailor on November 21, 2014, 01:26:09 am
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I wonder if the medds have financial problems? I mean, Waity doesn't look as if PC is still supporting her. Hence the medds have to support her again. Her clothes look horrendous and were on sale, she's not seen at the expensive beauty salons anymore (her hair dye doesn't cover the grey hair anymore and looks cheap; the hair styles look childish and the famous big sausage curls are gone as well as less hair extensions).

Carol(e) showed up in summer sandals and a cheap-looking dress at the recent event, Orangina is desperately trying to make money although she actually wanted to get married first, there not a lot of luxurious vacations anymore, etc.

I suspect that the medds accumulated a lot of debt (the new property, all those vacations and other things) shortly before and after the wedding. Perhaps they believed that Waity would be able to control W, so that they could abuse the royal connection forever. It's a fact that they wanted to move into KP, so I guess that they must have believed that they would be set for life once they got the ring.

Now that Waity seems to be in a difficult situation, they seem to be desperate. Hence they had to pull off another 'pregnancy' in order to keep Waity in the rf. Who knows what is going on behind the scenes. But it's for sure not a good sign that Waity looks awful and staying at the manor. :easter-sly:

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Title: Re: Middleton money
Post by: Emperor on November 21, 2014, 02:21:30 am
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The Midds finances were always under a dark cloud mainly due to UG's money. In addition to this there is enough evidence that the family relys on Pa Midd's inheritance which isn't unlimited. Their business is a joke. no Party business like theirs can ever be worth 30 million quid!!! I saw an article which said a rival company makes 140,000 quid an year profit, and thie kicker is that firm is slightly more successful than PP.

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Title: Re: Middleton money
Post by: Countess of Holland on November 22, 2014, 03:33: pm
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It is becoming more and more obvious that the wealth of the Middleton's has been massively exaggerated by the press and the Middleton's were all too keen to play along.

My reasons for believing this are abundant:
1. The family only bought the big mansion after the wedding of Kate. Makes me believe that they needed the royal connection for getting a mortgage.
2. They took a mortgage at a Swedish bank and not at a UK bank. Because Sweden had less problems, financially, after the financial crisis of 2008, Swedish banks are more lenient when it comes to UK banks in relation to mortgages. This means that you can loan a larger % of your income in Sweden than in the UK.
3. The family needs the freebies for Pippa and Carole to keep up with the last fashion, the newest purses etc.
4. Despite their fondness of shopping, it seems to be the only thing they do, the family apparently has never been to NYC before. Pippa has, but that was also part of the free-bee line in relation to her books. But according to articles, Kate has never been to NYC. It tells me that they could not afford NYC or would not be able to do some serious shopping because US companies would not be willing to give them freebies.

And of course the idea that a company selling paper and plastic cr@p is worth millions is ludicrous. A profit of about 100K-150K would be the maximum. Now 100K is not bad, as a family income, but it hardly lands the family in the top-brackets in the UK, let alone worldwide.

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Title: Re: Middleton money
Post by: KGap on November 22, 2014, 07::09 pm
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No way are they rolling in it. Uncle Gary and prince willy have helped bankroll them. They had enough to help boost them up just enough for Kate to claw her way in.
They certainly aren't shy or reserved. Keep flaunting those royal connections.

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Title: Re: Middleton money
Post by: Val on December 28, 2014, 07:01:17 pm
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Thought I would share this. A friend of mine has always been very intrigued as to how party pieces could actually have an estimated value of £30 million. Intrigued enough to do a bit of research on the internet. This is what she found, and I must say it is quite an interesting read.

***************************************

Where did the story that Party Pieces is worth an estimated £30million come from, when in actual fact no-one has ever seen their accounts as it is run as a private business and appears to be operating offshore?

In April 2011 the Mail ran an article on the Middleton's supposed fortune and this is how the £30 million came about. It was simply a guesstimate made by some City analysts and even the quarter value appears to be off the mark, which we'll come to later.

QUOTE
"That is the notional figure City analysts put on the potential value of their Party Pieces empire — but only because it is now inextricably linked to the glittering world of the Royal Family through their daughter Catherine, a future Queen. Without that connection and its lucrative resonance, especially in the U.S., the company might be worth a quarter of that."

The same article also revealed:

QUOTE: "By the year 2000, a year before Kate went up to St Andrews and first met Prince William, the mail-order firm was on the internet, employed ten people and was handling more than 1,000 orders a week."

Trading on the internet? By 2000? Mr Middleton only registered the website around 2004 with a company called Pindar and hardly anyone was trading this way until later in the decade when Amazon took off. So these claims seem far fetched as does the comment by a Middleton relative in the same story that PP started when Carole was pregnant with Kate. However, their family cleaner among others has comfirmed it was when she was pregnant with James.

Anyway by April 2011 the date of the wedding the DM made the following claim that:

QUOTE:
"Today, thanks largely to an astonishing bounce brought about first by the royal romance and then the engagement announcement, business appears to be booming and Party Pieces employs 30 staff working out of two large converted farmhouses near the family’s home in rural Berkshire.
When the Daily Mail visited their premises last week a dozen trucks and vans as well as an articulated lorry were being loaded with orders."


Read more: www.dailymail.co.uk/femail/article-1378288/Kate-Middletons-family-Just-rich-Middletons.html#ixzz3MFGhnJpd

Astonishing bounce indeed because when investigative journalist Andrew Gilligan started to unravel the mystery of their fortune just six months earlier in November 2010 at the time of the engagement PP appeared to be a much more modest operation.

Their house was bought in 1995 and either had a small mortgage {DM} or no mortgage according to DT.

In 2002 they paid £780,000 in cash on a Chelsea flat for the siblings which has no mortgage.

In 2005 they paid £295,000 again in cash for several acres of land near their home.

They holiday in Mustique where villas cost at least £20k for a week.
Ditto Scotland where luxury houses cost £5k a wee
k.
All three children were educated at private primary schools and Marlborough School one of the most expensive in the UK Marlborough alone is estimated to have cost half a million and that's with extras such as gap year activities etc.

They own a share in a racehorse called Sohraab - apparently part of the left hind leg!

It has been reported that pa has a private pilot's licence and owns a light aircraft but this is disputed.

However, Andrew Gilligan started digging and according to an advert, at the time of the engagement, they were taking a modest 1,000 orders a week. A trade journal editor said:

QUOTE
"They don’t stand out as a big player and I wouldn’t have thought they’d make masses of money. You’re looking at things costing 50p, 75p. You have to sell a lot of that to make money and there’s a lot of competition.”

AND
"Accounts for one of Party Pieces’ major competitors show profits of only around £130,000 a year – and this in a business which is said to be larger than the Middletons’."

Further at this time there was 8 people taking orders and yet by the time of the wedding the operation had become several times bigger. Even with the royal connection, it's hard to see how they became so big, so soon particularly when you compare with others in the business.

As for the accounts, Gilligan discovered that:"But fascinatingly, while Party Pieces has two shell companies with no money passing through, the main business is held not as a company, but as a partnership – and doesn’t have to file any information. This doesn’t seem to have been done to stop journalists poking around; it was the case long before Kate became famous."

AND:

"Why take this sort of risk? It could simply be because that is how the Middletons, like a lot of two-person bands, started, and they never bothered changing it as the company grew. But the presence of the two shell companies makes this look unlikely. Several accountants suggest that it could be a form of (entirely legal) tax avoidance.

“Before the top rate of income tax went up, it used to be better to be a partnership than a company, particularly if your profits were low,” says Mike Warburton, of Grant Thornton. Although partners’ profits are subject to income tax, which is charged at a higher rate than corporation tax, partnerships make substantial savings on employees’ National Insurance contributions. They also avoid the tax that is payable when they take money out of a company.
Most interesting of all, you can structure the partnership so it minimises your tax, and you don’t have to say who the partners are.

“If you got your adult children in as partners, and spread the profits out, that would be a smart move,” says Mr Warburton. “Or you could make one of the partners an offshore limited company that doesn’t have to file accounts. That’s another possible way of avoiding tax.” The partners have some scope about allocating the profits – so if some were allocated to any offshore company, there might be relatively little British tax payable."

Read the whole story here:

www.telegraph.co.uk/news/uknews/royal-wedding/8147929/Royal-Wedding-Middletons-money-how-was-it-made.html

Michael Middleton allegedly inherited £100,000 from his mother who died in 2006 and possibly a further £90,000 + when his father died in November 2010. There is also some sort of family trust via the Luptons which is said to have contributed towards the education of descendants but as it's all confidential no-one will confirm if this was enough to pay all the school fees at Marlborough and university (the Trust often said to be little and depleted). Further Pippa won a sports bursary to Marlborough which would indicate they needed some assistance with fees on top of the trust.

More details here:

www.telegraph.co.uk/news/uknews/kate-middleton/8391216/The-family-fortune-of-the-minted-Middletons.html

The only other person with substantial money in the family is Carole's brother Gary but he only made his fortune in 2006 when he received a share of the company he worked for when it was sold. There are various figures bandied about but it seems this was around £24 million he made. Much on the Internet too that much was from pimping and drugs and allegedly laundered through PP.

He did buy? (some say rented) a flashy yacht and luxurious villa in Ibiza where the Midds entertained Prince William until Uncle G was exposed by the NoW for drug dealing. Many photos of tops being taken off by females on the Internet! All seemed rather incestuous with a pic of Willy's head near a topless Pippa.

So the mystery continues, more questions being asked and answers being demanded as to how someone like Carol(e) has been able to stalk, buy and worm her totally inadequate and unsuitable daughter in to the RF.

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Title: Re: Middleton money
Post by: gingerboy24 on December 28, 2014, 07:10:20 pm
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Hmm, very interesting Val, and so nice to have the links to read as well. Obviously put a lot of thought and research into it. And yes, the mystery continues, will there be a Part II I wonder, will keep an eye out for that, meantime I will be going right through all the links and comments again with a fine tooth comb and making my own notes.

Certainly a lot not sitting right, that much is obvious. Thanks again for posting. :flower:

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Title: Re: Middleton money
Post by: starsailor on December 28, 2014, 07:17:54 pm
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I agree, there is no way that the medds are making 30 million quid a year. And I highly doubt that Willy Worm helped them financially, because Fakey Waity tried not to look like a gold-digger. She had to pretend for a decade that they are wealthy and hence not interested in his money (and title). Since he is not very bright, it was easy to trick him.

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Title: Re: Middleton money
Post by: Stephanie on December 28, 2014, 07:20:58 pm
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Thanks for sharing, Val!
Certainly raises a lot of questions.
Worst case scenario:Wimpo is on this lot's payroll.

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Title: Re: Middleton money
Post by: gingerboy24 on December 28, 2014, 07:28:25 pm
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Never thought of that, he could be, so much strange and odd about wimpo even liking this family, let alone marrying into it. Or maybe the duty free pa was allegedly flying in for fester is free to family members :dontknow:

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Title: Re: Middleton money
Post by: Stephanie on December 28, 2014, 08:29:22 pm
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Or flying family members getting a fat pay check from Fester as well. :Carole:

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Title: Re: Middleton money
Post by: gingerboy24 on December 28, 2014, 10:13:53 pm
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Good point Stephanie. Does beg the question of usefulness for the chopper granny bought for wimpo last year - could come in very handy :nervous:

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Title: Re: Middleton money
Post by: Alexandrine on December 28, 2014, 10:26:35 pm
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All that was already in this thread...

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Title: Re: Middleton money
Post by: gingerboy24 on December 29, 2014, 09:25:50 am
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Must confess I hadn´t read it all before, maybe I missed it along the way. Handy to have it altogether though, makes it easy to follow - all these things can get a bit confusing at times, or at least they do for me - must be my age :tehe:

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Title: Re: Middleton money
Post by: Snowdrop on December 29, 2014, 01:32: pm
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^I'm guessing from your comment, GB, that you are older than waity but I be you look younger :bouncy:

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Title: Re: Middleton money
Post by: Stephie on December 31, 2014, 09:57:50 am
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IMO, it seems pretty obvious that someone, most likely Willy (with his private money hopefully), has funded some of the Middleton's major lifestyle upgrades. For instance, I think they got the "Middleton Manor" because Waity (and eventually the Cambridge children) would be spending a LOT of time with her family. She and her children, and by extension, the Middletons, needed more royal-like accommodations.

I have never bought the idea that their little party business made them double-digit millionaires. Even with the exposure they get from Waity's marriage, they've not grown into a franchise or anything. Seems pretty limited, and that kind of business is only going to earn so much. IMO, the 30 mil claims are to strike down the idea that Waity is a gold digger, create her royal consort eligibility despite her lack of nobility, and justify the Middleton's upgraded lifestyle.

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Title: Re: Middleton money
Post by: MelissaRose on December 31, 2014, 01:17:23 pm
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Didn't the Medds get their manor around the same time William inherited Diana's money? :think:

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Title: Re: Middleton money
Post by: gingerboy24 on December 31, 2014, 02:38:18 pm
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Yes, and as I recall there has always been a sneaking suspicion by many that he funded it, or at least part of it. No way did party pieces generate the amount of income to get a mortgage that size.

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Title: Re: Middleton money
Post by: Val on December 31, 2014, 02:43:37 pm
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One of these days dumb Willy's rose coloured specs will fall off regarding the Middletons and he will see them for what most of the public can ie social climbing, grasping stalkers.

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Title: Re: Middleton money
Post by: Pense on December 31, 2014, 10:00:24 pm
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At the time, I read on more than one blog that the Midds don't really own the manor. The guess was that there wasn't any good way to secure their previous home. They needed a place to live near their business. Willy needed his in-laws to live in a place that was fit for a prince (him and progeny) so the manor was purchased. The note is privately held by a company in either Norway or Sweden (IIRC) and is not subject to view. To follow through, once the Midds retire from their business, they'll move elsewhere and the manor will be sold. Or, if the Midds stay there, the building will be purchased publicly by the Cambs when they become P&P of Wales and have duchy money to spend. That was the speculation.
:cookie:

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Title: Re: Middleton money
Post by: Emperor on January 01, 2015, 12:37:29 am
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^ That does sound reasonable. They did get the "mortgage" from a swedish company because no British firm would give them the mortgage, otherwise they would have gone British

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Title: Re: Middleton money
Post by: gingerboy24 on January 01, 2015, 05:56:26 pm
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Quote from: Pense on December 31, 2014, 10:00:24 pm
At the time, I read on more than one blog that the Midds don't really own the manor. The guess was that there wasn't any good way to secure their previous home. They needed a place to live near their business. Willy needed his in-laws to live in a place that was fit for a prince (him and progeny) so the manor was purchased. The note is privately held by a company in either Norway or Sweden (IIRC) and is not subject to view. To follow through, once the Midds retire from their business, they'll move elsewhere and the manor will be sold. Or, if the Midds stay there, the building will be purchased publicly by the Cambs when they become P&P of Wales and have duchy money to spend. That was the speculation.
:cookie:

Outrageous if they use Duchy money to purchase a private home, whether for them or the medds. Duchy money originates from the taxpayer, why should the taxpayer buy a home for the medds. Let wimpo dig deeper into his pockets, the medds are not royal and therefore the taxpayer should not be funding them, end of.

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Title: Re: Middleton money
Post by: Countess of Holland on January 01, 2015, 06:37:27 pm
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They wouldn't be the first ones to do it. Highgrove was also bought by the Duchy of Cornwall and I wouldn't be surprised if Camilla's house, Raymill (IIRC), is also financed with Cornwall-money.

To me the whole financial structure in the UK is odd. Why not just let all the money from the Duchies of Cornwall and Lancaster flow to the General Funds of the government (like taxes etc) and then give the Queen and a few members of the family an annual income/ dotation?
That would be more transparent and the government would have a better handle on who gets government funds and who doesn't.

In The Netherlands f.e. only the monarch and spouse, any living parent(s) of the monarch and the heir(ess) when 18 or older and spouse gets money. Younger children of the monarch, or siblings of the monarch, don't get any government funding. The monarch however has funds (part of his/ her income) that he or she can use to pay to family members for expenses made on behalf of the monarchy.

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Title: Re: Middleton money
Post by: MelissaRose on January 01, 2015, 11:46:34 pm
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Quote from: gingerboy24 on December 31, 2014, 02:38:18 pm
Yes, and as I recall there has always been a sneaking suspicion by many that he funded it, or at least part of it. No way did party pieces generate the amount of income to get a mortgage that size.

Too right he did. Such a show-off, flashy and greedy family would have had the manor for longer if they had the finances for it. Funny how the huge mansion, glamorous holidays and flash cars didn't come about until after the Medds snared Willy. The only expensive thing the Medds had financed before were the school fees, and we know at least part of thise were funded by Michael's trust account and a scholarship (and some probably by Uncle Fester). If the Middletons were rich they would have paid the fees with their own money.

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Title: Re: Middleton money
Post by: cate1949 on January 02, 2015, 12:32:58 am
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The Midds would not be the first family to benefit from a royal marriage. The flash cars - gotten at a discount (which was much criticized) due to their royal connections. The clothes - well frankly Ma and Pippa do not dress that well - not often seen in McQueen. It seems they 1) do shop bargains and 2) get freebies. This of course is why we see Pippa at launch parties - she is either paid to show up or gets freebies for showing up. The private schools - scholarships and help from that foundation. That would have made any amount the Midds needed to pay affordable.

Before the marriage the lifestyle was not that elaborate. The trips to Mustique and the yacht were either UG's or financed by him. I'd say some of the wedding expenses were also financed by UG.

If the valuation of Party Pieces at 30 mil is due to the royal connection and a more realistic valuation was 7.5 mil - that makes sense. Plus of course - that does not mean they bring in 30 or 7.5 mil per year - mostly it is what they could get if they sold the company or went public (invited investors). Valuations usually are what the company could earn over twenty years - so if we look at the realistic figure of 7.5 mil they are making - net not profit - about 350,000 per year.

The Chelsea apartment is the big one - that is a lot of money - they either mortgaged the first home to buy that or UG financed that.

I'd say the MIdds - especially Carole - are very good at leveraging what they have - making the most of their opportunities and now of course they have a future Queen Consort as an opportunity.

Supposedly the new house has a wing that is a separate apartment for W and K - so it would make sense that was paid for by Will. Same with accomodations for the RP's - some of that was probably paid for by HM or Charles.

But I bet they have a huge mortgage. This is why they had to go to Sweden to get it.

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Title: Re: Middleton money
Post by: gingerboy24 on January 03, 2015, 09:31:43 am
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^ I disagree. Why should the taxpayer, via wimpo, pay for anything to do with medd manor. They want their family staying with them, let them pay. Seems Surely adding a wing adds value to the property, and is one to assume then that if they ever sell it wimpo gets his money back and the taxpayer gets a refund on any interest made. And we know he inherited money from Princess Diana, via prince charles, via Duchy of Cornwall, and that money comes from the taxpayer, so still taxpayer money.

I am not interested in what others in that family do, and doubt they will get away with many of these things any more, not now that the taxpaying public are aware of just what goes on and the greed of the British royal family. Why should the medds benefit from anything to do with the rf, they are not royal and never will be.

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Title: Re: Middleton money
Post by: Val on January 03, 2015, 10:41:51 am
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The UK taxpayer, and I am one, is getting increasingly annoyed at this indulgent and outdated lifestyle, many are vociferously protesting and the Relublican Party's membership increasing faster than ever before. They are publishing a document revealing many of the RF's secrets and that amongst other things is going to make 2015 a most interesting year. It seems to have started very early with additional major coverage on the Prince Andrew involvement with Epstein and his paedo pals.

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Title: Re: Middleton money
Post by: Rosella on January 03, 2015, 12:11:33 pm
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Quote from: Val on January 03, 2015, 10:41:51 am
The UK taxpayer, and I am one, is getting increasingly annoyed at this indulgent and outdated lifestyle, many are vociferously protesting and the Relublican Party's membership increasing faster than ever before. They are publishing a document revealing many of the RF's secrets and that amongst other things is going to make 2015 a most interesting year. It seems to have started very early with additional major coverage on the Prince Andrew involvement with Epstein and his paedo pals.

Republic is always posting something about the royal family in one way or another, not that anybody except their small membership take any notice.

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Title: Re: Middleton money
Post by: Stephie on January 06, 2015, 10:29:40 am
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I don't think for a second that this issue has reached its maximum. I won't be surprised a single bit if the Midds have another major lifestyle upgrade of some kind when Waity becomes the Princess of Wales.

I also suspect they are present recipients of far more than we know: Everything Willy and Waity would have in their own home. -Staff to wait on them and maintain the property, luxury furniture and items to fill their home, etc.. The excuse would be that a consort resides with them (she is often a long-term guest, so it is her home too), and it needs to be suitable for her. It also needs to be suitable for George, an heir, who also lives there, as well as Future King Willy, who visits occasionally. Yes, it is the Midd's home, but it appears it is Waity and George's home too. It's a sad excuse, but I think Willy is so generous with them because they are doing him a favor by taking in his wife and child so he is free to live his life as he pleases.

As for the Midd's business... I admit I have not researched whatever public records may exist on their business and investments. However, many in the media have, and to date, I don't recall any mention of them taking the steps many successful business owners do to expand their wealth. Have they invested their supposed excessive millions in real estate or other businesses? Has Party Pieces been expanded to a franchise? So far it looks like the answers are all "no", and I cannot see how smart business people or wealth growers would not use their money to make more money. -Especially hungry and eager people like the Midds.

Unless there's something major we are in the dark about, I think they may feel taken care of, and no further need to expand. Either that, or the rumors that their business and wealth are minor are completely true.

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Title: Re: Middleton money
Post by: gingerboy24 on January 06, 2015, 01:05:09 pm
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No doubt all will reveal itself in due course. I personally can´t see the rf supporting them to that extent on taxpayer funds. And if, and I say if, wimpo gets to be king the taxpayer money is not his to lavish on his out-laws, and I am sure the savvy public would take a very dim view of that. Who knows, the Repbulicans may succeed, their numbers are increase quite a lot these days, so many disenchanted with HM, and even more so in her absence of doing anything about that odious medd family.

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Title: Re: Middleton money
Post by: Val on January 07, 2015, 11:56:49 pm
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The tide is already turning and 2015 predicted to be another Annus horribilis for QE. it has certainly started early.

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Title: Re: Middleton money
Post by: Kuei Fei on January 08, 2015, 01:24:17 am
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The thing is, that there are small signs you can see if you are able to study them.

Thing is, old money families often 'train' their kids to expect the basics, but to work for extras. Yes, they have huge homes, but they are expected to treat them as homes, not as a 'home base' and expected to stay out of trouble. Yes, they get mixed up in messes, but their families make them pay for it in their own way.

Back on topic, Carole and Co. are obsessed with presentation, are fixated on marrying for money and status, and the two spud refuse to have a career. I mean, for two money obsessed twits, they're oddly uninterested in the ruthless way of life that could net them major fortunes if they would only work at it.

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Title: Re: Middleton money
Post by: Stephie on January 09, 2015, 10:41:35 am
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With as many opportunities as Pippa and James have no doubt been offered (and Pippa confirmed them in her 2014 interview), it is clear these two could be multimillionaires in their own rights if they were willing to put forth quality efforts. Many who succeed and become wealthy create their own opportunities. These two unexceptional spoiled brats have them flat out handed to them and still can't make anything of themselves. It speaks volumes about the family's mentality.

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Title: Re: Middleton money
Post by: Stephanie on January 09, 2015, 04:00:52 pm
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www.bakeryinfo.co.uk/news/fullstory.php/aid/13587/Middleton_brother_makes_another_loss_with_cake_business.html
r Middleton said: “this year will be the deciding year for the Nice Group, my focus over the last year has been with Boomf as it has really taken off, we managed to secure £1m in funding and [are] up 320% from last Christmas.” -
Where did he get a million from? :Carole:

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Title: Re: Middleton money
Post by: CathyJane on January 09, 2015, 05:24:19 pm
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Uncle G, perhaps?

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Title: Re: Middleton money
Post by: i used to be a monarchist on March 14, 2015, 05:35:54 am
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www.dailymail.co.uk/news/article-2994327/SEBASTIAN-SHAKESPEARE-Drug-runner-past-new-Middleton-black-sheep-revealed.html

"The Duchess of Cambridge’s uncle Gary Goldsmith, who revels in the nickname ‘Goldtaps’ and calls his Ibiza home Maison de Bang Bang, is not the only black sheep of the Middleton family, it transpires.
Meet Simon Harrison, a second cousin of Carole Middleton, who is a former drug smuggler and spent nine years at Her Majesty’s pleasure.
Harrison was a big-time cannabis importer in the Eighties and smuggled hundreds of kilograms into the country from Holland...."

As distasteful as it is, there are other families who made fortunes in the drug trade. Think opium, think 19th century Hong Kong.

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Title: Re: Middleton money
Post by: Kuei Fei on March 14, 2015, 05:51: am
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It doesn't make it right at all; the thing is, the whole point of society is to move forward and beyond things. Like drug dealing as a means of becoming wealthy.

As for this new revelation, I sincerely think the DM is slowly revealing a pattern of relatives, moving up to a new expose each time. Like prepping us for the bigger kahunas that reveal the source of the Middleton family fortune.

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Title: Re: Middleton money
Post by: i used to be a monarchist on March 14, 2015, 06:06:19 am
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^^^ Of course it doesn't. But it's so compellingly interesting to me, the fact that history doesn't exclude them from the upper circles either. Some high profile British colonial families made their fortunes in the opium trade. It appears the taint is lessened over time because today they're involved in high finance and they rub shoulders with those in the stratosphere. You've seen their photos in these pages. It's just an accepted fact, their history.

And I fully expect the Middletons to roll out these two examples to say it's been done before. Ugh.

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