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Increasingly, it become clearer that James Middleton is never going to light the world on fire with his sparkling wit and business acumen. His businesses are always a disaster, even Boomf! Who would have thought that transferring Instagrams onto marshmallows wasn’t a huge moneymaker?! But at least one of the Middleton children ended up getting their mother’s drive and moneymaking capabilities: Pippa. I’ve defended Pippa’s ability to hustle before, but I got sidetracked by #PippaTips, the failure of her book and her rather tedious “journalism” career. As it turns out though, Pippa is making bank.

She has never made any claims to being a brilliant businesswoman but it seems that is exactly what Pippa Middleton is. The Duchess of Cambridge’s younger sister has raked in nearly a quarter of a million pounds in the last year, according to figures released by Companies House.

Pippa is the sole director and shareholder of PXM Enterprises Limited which has assets totalling £229,241, including £211,521 in cash in its first year. By contrast, the companies belonging to younger brother James have never posted a profit and two have now been de-registered. The two, Nice Cakes Ltd and Nice Wine Ltd, had assets worth just £20 when they closed, according to Companies House paperwork.

As a result, Pippa has made approximately £229,221 more than her brother in the period between the company’s incorporation in May 2013 and the end of May last year. In it, she lists the nature of the business as being ‘Other publishing activities’, perhaps in a reference to her much-maligned party book, Celebrate!. Along with the book, Pippa, 31, is believed to have earned the money with a number of writing assignments, which including her regular column for supermarket magazine, Waitrose Kitchen. She also penned a series of columns in her position as a contributing editor of Vanity Fair and another for a British newspaper. Her other source of income comes from her parents’ company Party Pieces, where Pippa is employed to edit web magazine, the Party Times.

The documents show that after paying creditors £115,000, her business was left with a profit of £115,192.

[From The Daily Mail]

I don’t understand the £115,000 in debt. What did she need to buy on credit? Her jobs are pretty simple: she’s a half-assed essayist, half-assed cook and half-assed party planner. Why do those jobs need £115,000 in start-up costs? Does she have, like, really expensive office space? In any case, Pippa is making good money for being little more than a professional socialite and hostess. It’s such a throwback job description, right? But kudos to her – at least one of the Middleton siblings has a work ethic.

Photos courtesy of WENN.
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