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The Duke of Cambridge helps out the Middletons by buying a $7 Million Dollar House

Posted on: August 25th, 2012 by Lia No Comments

 

Prince William celebrated his 30th birthday on the 21st of June and in turn inherited $15.5 million. The newly wed Duke of Cambridge has already spent half of that inheritance, not on himself, but on his wife’s parents – he bought them a house. The parents of the Duchess of Cambridge, Carole and Michael Middleton, are in the middle of buying a seven bedroom Georgian manor house in Berkshire – complete with 18 acres of land. The house itself is worth $7.3 million, but their son-in-law has already footed most of the bill.  The Prince paid some of the deposit money for Kate’s parents as a gift. One source at the palace says, “He sees them as his own family and wants to help out in any way he can.”  On William’s 30th birthday, the Prince came into the money from the estate of his late mother Princess Diana. Since William has become close to Kate’s family after their almost 10 year long romance, he decided to give a little back to his in-laws.  The estate that will become the new Middleton Manor was supposed to have been won in a bidding war with other buyers is located near their current home. The manor has a grand hall, a 17th century fire place and also apparently has ties to the royal family as far back as the 1500s.

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