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The so-called ‘Kate Middleton effect’ has spurred a fashion frenzy and the wardrobe choices she makes has had a positive economic impact on the UK fashion industry.
Daughter to Michael and Carole Middleton, the Duchess has two younger siblings, James and Pippa Middleton.
Kate’s mother Carole also worked for BA as a flight dispatcher and flight attendant before founding mail order party supply company, Party Pieces, in 1987, which has an estimated worth of £50 million.
Kate attended private and boarding schools in the UK during her childhood, that would have cost her parents an estimated £250,000 in total.
Once Prince Charles ascends to the throne, it has been rumoured that Kate’s combined wealth with Prince William will increase.
Kate Middleton and Prince William will welcome their third child in April 2018, a new brother or sister for Prince George and Princess Charlotte.
The Duchess of Cambridge may have gone from commoner to royalty when she and Prince William married in April 2011 but she is from a wealthy family.
Kate Middleton’s family has held substantial holdings with a net worth of £36.2 million (m), most of which is derived from Party Pieces.
At present, all of Kate’s staff and wardrobe expenses are covered by Prince Charles’s private estate, the Duchy of Cornwall, and her travel is often funded by the countries she visits.