Uh oh monarchy fans, it seems that Princess Kate and the Queen may be going broke. After rumors that Princess Kate may be pregnant, it looks like her sister Pippa Middleton may be engaged.
It turns out that the Royal family's financial reserves have significantly diminished. In fact, Queen Elizabeth now has just $1.6 million.
While this is still a tremendous amount of money, it's much less than she reported back in 2001. The amount, 13 years prior, was a staggering $58 million.
More than one critic has spoken out about the Royal's alleged out of control spending. Margaret Hodge, chair of the Public Accounts Committee, may be the most vocal, however:
"The household needs to get better at planning and managing its budgets for the longer term--and the Treasury should be more actively involved in reviewing what the household is doing."
Kate may be headed towards the poor house, but she might need to stop by the delivery room first.
According to Star, a laughable U.S. tabloid, Kate Middleton may already be pregnant with her second child. According to one "source" who spoke with the publication, Kate's pregnancy has been confirmed:
"Kate only recently confirmed it with her doctor, then shared the happy news with William; she's barely three months along at this point. Their immediate family was obviously thrilled beyond words when the couple told them the news."
That's not all of the rumors surrounding the Middleton women. According to E! News Pippa Middleton may actually be engaged:
"The sources claiming Pippa is already engaged are quite specific, saying Nico's proposal at Oberoi Amarvilas (the luxury getaway) 'was exactly how he planned it...Very romantic and grand!' They also report that the maybe-bride-to-be, 30, and her feasible fiancé, 36, plan to wed in 2014 at the Middleton family's Bucklebury estate."
What do you think about the latest revelations? Should the Queen go broke? How do you spend that much money in just a few years?
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