For nobody is a secret the business failure of Kate Middleton‘s family and its millionaire outstanding debt. Although the news caught the attention of many, the author Christopher Andersen reported the reaction of the royal family to the millionaire debt of Kate Middleton’s parents.
“Between the king’s cancer battle and Kate’s cancer battle, the last thing they have on their minds is how much the Middletons owe their creditors“, explained Andersen, which would be quite logical since health issues are currently the most important concern of the royals and are the current priority.
It is important to understand that the Party Pieces company was founded in 1987, and it was not until 2023 that they had to put it up for sale due to the large debts it accumulated, since like many other companies, they stopped during the COVID-19 era, running out of income, which led them to bankruptcy.
On April 1st, The Times revealed that Carole and Michael Middleton are doing their best to raise $329,000 for ‘insolvency company costs’; however, the author said, “People shouldn’t make the mistake that the Middletons are broken, because they decidedly are not“.
He continued, “Their business went belly-up because of things entirely out of their control, but that doesn’t mean they haven’t got substantial personal assets“. That’s why, in the report he gave exclusively to US Weekly, he stated that “no one in the royal family is embarrassed by the failure of Party Pieces“.
