Prince Edward’s financial ‘problems’ laid bare as royal society ‘wasn’t making money’ | royal | News

Edward celebrated his 58th birthday this week and his mother, the Queen, 95, was among the well-wishers. The Royal Family’s official Twitter account posted a photo of Her Majesty’s youngest son smiling. The post, which featured a birthday cake emoji, read: “Wishing the Earl of Wessex a very happy birthday!” Edward and his wife Sophie, Countess of Wessex, work for the Royal Family and carry out missions for the Queen.

Royal expert Marlene Koenig told how Edward’s animal project fell apart after it was established in 1993.

The US-based writer and librarian has researched the British royal family for over 40 years.

She said: “Edward and Sophie dated and lived together for several years before getting married in 1999 at St George’s Chapel.

“At first they were going to continue with their own business.

“Edward had Ardent Productions and Sophie had started her own PR business because she had worked in PR before she got married.

He wrote: “Watching the few dozen hours of Ardent broadcast is like stepping into a strange realm where every man in Britain still wears a tie, where the parts on camera are made in sweaters from cricket, where people clasp their hands behind their backs like guards. ”

Edward said his exit from the business allowed him to focus on the Queen’s Golden Jubilee in 2002 to celebrate 50 years of her reign.

After the Earl’s television career ended, Ardent was finally dissolved in 2009, with its assets reduced to just £40.

Ms Koenig said after Edward and Sophie’s careers ended, rules known as the Luce Guidelines were created to govern how the Royal Family balances the business interests of Luce’s Guidelines with their work. for the queen.

She said: “Eventually guidelines were established – they were called Luce’s guidelines after Lord Luce. They accepted them.

“But it was the time of the Golden Jubilee, and the Queen, according to press reports, wanted them to take on more duties involving the Jubilee.

“And both businesses were eventually shut down.”