Highlights

  • Kate Middleton faces health crisis amid family's financial woes, keeping focus on her recovery.
  • Middleton's parents struggle with £260,000 insolvency firm costs for Party Pieces Company.
  • Despite royal family's wealth, Middleton reportedly not providing financial aid to parents' business.

The royal family is facing a series of health crises at the moment, with Kate Middleton’s cancer diagnosis revealed shortly after King Charles’ cancer was confirmed, as the public speculated about the duchess’ whereabouts since disappearing from the public eye for abdominal surgery in January.

While Middleton’s health remains unclear as she undergoes treatment, it’s not the only stressor in her personal life, as her family is apparently facing a financial crisis that they’re attempting to shield her and the royals from.

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Kate’s parents Michael and Carole Middleton are reportedly grappling with serious financial troubles, as they’re unable to settle the £260,000 insolvency firm costs for their business, The Party Pieces Company.

The Party Pieces Company, founded by Carole and Michael in 1987, specializes in providing party supplies and accessories for various occasions. Over the years, it grew into a prominent business, offering a wide range of products for birthdays, weddings, and other celebrations. The company is known for its extensive catalog of themed party supplies, decorations, and accessories, catering to customers looking to host memorable events.

Despite acknowledgment from an insolvency firm about their inability to pay, the family remains entangled in the aftermath of the company's administration, which left creditors owed £2.6 million.

Speaking to Us Weekly, sources say the Middletons are doing their best not to have their eldest daughter dragged into the financial controversy, especially given her current health condition.

“Carole is desperately trying to keep Catherine fully focused on her recovery,” they explained, emphasizing that Michael and Carole aren’t turning to any of their three kids for financial assistance during their business struggle.

“Catherine and her parents are very close and they always check in with each other, but talk about the business is off limits as she needs to focus on her health,” they added.

The British royal family is worth a reported $28 billion, so Kate Middleton likely has access to financial resources (and perhaps legal counsel) that could greatly help her parents. As a royal advisor, Kate has apparently amassed an individual net worth of $10 million. Her net worth primarily stems from her royal status as the Duchess of Cambridge, her inheritance from her family's business, Party Pieces, and her personal investments. Additionally, she earns income from various royal engagements, public appearances, and endorsements.

For now, not only is there limited information available about Kate’s cancer, but also on her family’s ongoing financial problems, as the duchess is remaining silent on the situation as well as whether she’s involved in any way.

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