Peter Phillips & Autumn Phillips separated in February 2020. Their separation kind of slipped under the radar because the British tabloids were, at the time, completely absorbed in the Sussexit melodrama. Which is basically all you need to know about how the tabloids operate: they had a seemingly juicy, potentially scandalous divorce happening under their noses and they largely ignored it to focus on their fictional Sussex stories. So, Autumn and Peter tried to fly under the radar and keep their divorce superficially amicable, and we really haven’t heard that much about their divorce in the past 14 months or so. We did hear that Peter recently broke Covid lockdown rules by making a one-way 460-mile booty call to Scotland, which… again, this split had a lot of potential scandal. Too bad no one followed up. Now Autumn & Peter are heading to court this week to hammer out their financial arrangements:
Peter Phillips and his estranged wife Autumn Phillips are heading to high court next week to reach a financial settlement in their divorce. Princess Anne’s son, 43, and his wife, also 43, who wed in 2008 and share two daughters Savannah, 9, and Isla, 7, announced in February 2020 they had split.
Now, The Telegraph has reported that the former couple’s respective lawyers are set to appear in front of a High Court next week to separate their finances and agree on a settlement. It is reported that Peter, who has an estimated net-worth of £14.4 million, has applied for reporting restrictions to prevent the disclosure of financial and other personal details.
Gloucestershire Live reported that the pre-trial review hearing will be heard remotely before Mr Justice Peel in the Family Division. Marketing consultant Peter is said to have hired leading divorce lawyer Nicholas Yates QC, who represented businessman Bhanu Choudhrie, 41.
The lawyer specialises in ‘complex cases relating to significant assets and jurisdictional disputes’ and also ‘leads negotiations in high-value postnuptial agreements,’ according to his website.
According to Tatler, Peter and Autumn will not appear in court, and everything is being done by Zoom, basically. I’ll admit to being very curious about the money – how in the world is Peter worth £14.4 million? Is that what Autumn and her lawyers are going to hold over his head? “Give me the settlement I want or I’ll go public with how you’ve made so much money”? Probably. I mean, that’s the easiest legal strategy to play in this situation. Plus, the Windsors are probably very concerned that Autumn might go back to Canada to live and she might take the kids with her. I wonder if Peter’s cross-country booty call will be mentioned in the proceedings?
Photos courtesy of WENN, Avalon Red.
I’m not surprised that Peter has that much cash. He knows how to cash in his royal relations really well. We know about the milk commercials in China and we know that he got paid so that he could organize a subpar royal garden party. But alas, he is not the one married to a biracial American actress, so who cares? The RR let so many juicy money ventures slip under the rug, it’s almost as if they had it out for Harry and Meghan because they exposed their inner working to the world…
Tweet of the day on that topic: https://twitter.com/duchessofpoms/status/1391772583406800898
That tweet is spot on
No lies detected here!
I can’t help but be a little bummed that they’re splitting because I’ve always had a little soft spot for them. They got married the exact same day as me–5/17/08. Oh well, I hope Autumn gets her fair share of milk money.
I suspect Princess Anne created trust funds at birth for both her children. Wealth management, tax advise possibly.
She doesn’t have any of her own money though. Maybe the queen did? But these folks are weird with their money. Plus what about Edward and Andrew’s kids? You would think Charles would have created something for Harry because William will get the Duchy of Cornwall but apparently not.
Its been reported that the Queen Mother set up trusts for all her great grandchildren, but never confirmed – and I actually think that Harry confirmed after the interview that he did not have any money from her (remember the rumor was always that his trust fund was bigger because he wouldn’t be king?) but I was googling it a few weeks ago and its just “reportedly…..”
You would think they would set something up, that family sitting on hundreds of millions and they’re trying desperately to avoid inheritance taxes. I imagine also it breeds resentment – knowing that Charles has access to all this money, and that William is going to have access to it, and they aren’t going to share. Ah well, that’s how it works.
Margaret’s will was made public at one point and I think she had something like 7 million in her will that she left to people (I cant remember how it was divvied up) – for someone who never had a job, that’s not bad. (and that doesn’t include her Mustique property bc she gave that to her son well before she passed.)
All that to say that yes, this family is weird and shady with their money.
The Queen mother left Harry significantly more money than she did William for just that reason (William inheriting the Duchy of Cornwall).
I have serious questions about almost ALL the royal family members’ finances OTHER than Prince Charles (and subsequently William & Kate) and the Queen. I think the Queen uses much of her hidden wealth (that legally can remain hidden because of her meddling in politics) to fund her extended families’ lifestyles.
I also read in a book many years ago that Diana’s father, Earl Spencer, had set aside and invested a six figure sum (from Diana’s eventual inheritance share) for Harry alone via a trust as William would “Inherit it all” and Harry would basically get “nothing”. This may or may not be true but I did read it somewhere.
@janedoe – no, see what I said above. His representatives confirmed after the oprah interview that he did not get any money from her. It’s interesting though because that’s definitely been something reported on for years.
https://www.express.co.uk/news/royal/1417600/prince-harry-news-queen-mother-inheritance-will-sussex-funding-meghan-markle-latest
I had always thought Harry would get the bulk of Charles’s money but I could see him maybe doing that for Charlotte and Louis to make them financially independent from William and, eventually George, who will theoretically have his own family someday.
It looks like the Trusts may be held until a certain age, so he may not have received anything *yet*. His inheritance from Diana was also set out in chunks by age, with the second one coming when he turns 40.
Why would she go back to Canada? She lives rent free on Anne’s estate, and has a full social life as an adjacent Royal. Their finances are super sketchy. But of course, they’re not black or American so it’s all good.
The tabloids are just trying to create drama. They know she’s unlikely to take kids that young away from their father unless there is abuse involved. And nothing like that has been alleged, at least not to any public knowledge.
Anyone see the dm article where they hinted she was dating a woman? I usually don’t visit, let alone click, on their articles but I was curious how they would cover a specific event and came across the article which got buried pretty quickly.
Q—
Is that article still up? I saw an article recently about a best friend. I just assumed they were best friends. It didn’t occur to me that there could be something more. I’m very liberal leaning so if she’s in a relationship with a woman, great.
Q I saw that article, the pictures of her and the lady friend (who is the sister of Binky Felstead, formerly in a reality show called Made in Chelsea – apologies if you already know this), and I thought they looked very, very close, not just a platonic friendship but more.
Yes-I absolutely did see that and wondered. “Gal Pal” and lots of pics of just the two of them. The article vanished pretty quickly.
How much of that £14 million liquid though? If it’s tied up in stocks or something it might be hard for him to liquidate and give Autumn much. I’m sure she’s aware of what’s in the bank and what she’s getting so this may just be a hearing to confirm it all and put it in legal writing?
I interpreted the article as Peter trying to push back on divorce settlement, as his booty call breaking the rules ( you had a business dealing with this woman you’re visiting???). But I read the article, she parties with a bunch of bleached blondes like herself…
Has Autumn worked since marrying Peter? Wonder if she plans to return to work or if she wants a settlement that’s sufficient for her to stay as she is?
I don’t think she has? She may have done a few things here and there but doesn’t seem she held onto anything after marrying Peter.
In an interview years ago, she snapped that she couldn’t afford to not work and stay home with the kids. She might have been continuing contract work or part-time work with former employers for years.
I imagine he has more than that. They’re trying to make the royals look so humble, if they have too much it’ll rile the commoners.