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11-27-2020, 12:35 PM
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Heir Apparent
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Join Date: Feb 2020
Location: A place to grow, Canada
Posts: 3,905
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I look at ML on Insta being very happy Maud is so brave and mature...
...and I sometimes wonder if ML isn't living vicariously through her teenagers being levelheaded and sensible, so she doesn't have to be (and can act like a silly, spoiled teenager).
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12-08-2020, 01:08 PM
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Heir Presumptive
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Join Date: Oct 2004
Location: , Portugal
Posts: 2,761
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12-08-2020, 01:51 PM
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Heir Apparent
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Join Date: Jan 2012
Location: Malmö, Sweden
Posts: 4,474
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Quote:
Originally Posted by rchainho
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Princess Märtha-Louise has gone from a fortune of 4.9 million Norwegian crowns in 2017 to 0 in 2019 with tabloid journalist Anders Johan Stavseng citing her extensive debts as the main reason for her fortune having disappeared. I hope her parents have set something aside for their granddaughters because they're not going to get much from their mother.
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12-08-2020, 02:05 PM
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Imperial Majesty
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Join Date: Apr 2010
Location: Eastern Jutland, Denmark
Posts: 15,926
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She must be pretty desperate!
The sale of her house only covered (some of) her debt.
The cynic part of me predicts that by the summer of 2021, she will do one of both of this:
Marry someone with money - Durek.
Use her status and title to help earn money - regardless of whether she is allowed to or not.
- There is a third option, which I prefer not to mention here, that's a pretty cynic prediction and very much against the forum rules. But I imagine you can work it out yourselves...
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12-08-2020, 02:37 PM
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Imperial Majesty
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Join Date: Jan 2013
Location: Lisboa, Portugal
Posts: 10,470
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Princess Martha Louise currently works on what? What are your sources of income?
How did she lose almost all the money she had in such a short time? I believe that the King and Queen of Norway help with some of the granddaughter's expenses.
I hope that Martha Louise will be able to guide your life.
__________________
My blogs about monarchies
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12-08-2020, 03:27 PM
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Heir Presumptive
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Join Date: Mar 2007
Location: somewhere in, United States
Posts: 2,238
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Quote:
Originally Posted by Muhler
She must be pretty desperate!
The sale of her house only covered (some of) her debt.
The cynic part of me predicts that by the summer of 2021, she will do one of both of this:
Marry someone with money - Durek.
Use her status and title to help earn money - regardless of whether she is allowed to or not.
- There is a third option, which I prefer not to mention here, that's a pretty cynic prediction and very much against the forum rules. But I imagine you can work it out yourselves...
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Does Durek have a lot of money? I know he’s been touted by people like Gwyneth Paltrow but I assumed that he was schmoozing off of ML... seems like it’s the other way around?
I get the sense that she is not a particularly stable person right now in many senses of the word, and is very vulnerable. For all their claims of being madly in love I see the Shaman as little more than a con man or snake oil salesman, and I get nervous that she’s at risk of being taken advantage of, if not by him (because like I said they could be genuinely madly in love) then by someone else with ill intentions. I can’t tell what her family thinks of him- I know that Leah has posted videos with him in them on her TikTok, but is it known what the King and Queen or CP Couple’s thoughts are?
On a positive note, her daughters do appear to be very mature and level-headed, and I’m hoping that they’re old enough not to be swayed by their mother or the Shaman. I’ve been very impressed with what I’ve seen of Maud and Leah (I haven’t seen much of Emma).
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12-08-2020, 04:05 PM
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Nobility
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Join Date: Jun 2005
Location: Midwest, United States
Posts: 476
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Quote:
Originally Posted by rchainho
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Martha Louise's income has "plunged sharply."
2017 - $213,367 in US dollars
2018 - $68,460 in US dollars
2019 - $83,635 in US dollars
It is her "wealth" that draws attention:
2017 - $559,090 in US dollars
2018 - $228,200 in US dollars
2019 - $0
At the time that Martha received Bloksbjerg in 2001 it was valued at $20 million NOK or $2,282,000 US dollars. So sad all that is gone.
I surely hope that her change in financial position is not due to her relationship with Durek. Will his feelings for her change if the well has run dry? Is he really so wealthy? Perhaps this is why she is "forced" to do a reality TV show. I wonder if she had been getting child support from Ari.
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12-08-2020, 04:35 PM
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Nobility
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Join Date: Aug 2020
Location: Vienna, Austria
Posts: 284
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I really don't think that the shaman has got enough money to pay for the kind of lifestyle that Märtha Louise is used to. ML is one of several examples of royals, who grew up being used to a royal lifestyle and then as an adult, not being the heir, have had trouble financing the way they like to live. She has not pursued the kind of career that could pay for it and she has not married rich - not the first time and as I said, I really don't think the shaman is that rich either.
He probably has a comfortable upper middle class lifestyle or something along those lines but I just don't think that he can finance the upper class life that ML is used to. Yes, he is schmoozing with Gwyneth Paltrow and some other Hollywood people, his "treatments" or "consultations" seem to be expensive, but he is probably not a multi-millionaire.
He doesn't even own a house or apartment. This is mentioned in the Vanity Fair interview, where Märtha Louise says that her Norwegian friends found it strange that the shaman does not have a permanent residence but lives in changing apartments rented via AirBnB.
I think this would also be an issue, even if Märtha wanted to move to California with the shaman (and she probably does), where would they live? She has 3 children who are used to living in a big house and probably each have their own room. The Los Angeles area is expensive...
I don't think the shaman could afford all that ML is used to: a nice house in an expensive area, the horses, the travels, etc etc.
I don't think ML is strategic about marrying the shaman or someone else for money, or even about using her Princess status to earn a very large amount of money. Certainly, she is aware on some level that she should be earning money and she has used her title & status to earn money (though I don't even think that all of this title business is about earning money. I think some of it is also just "I was born a Princess, so of course I will call myself a Princess.") But it has never been strategic and cunning enough to earn her enough money to live the lifestyle that she would like.
I think on a certain level she is simply spoilt and unrealistic, as some royals are. I mean what is the worst thing that could happen to Märtha Louise? Getting into so much debt that after selling her holiday house, she'd have sell her other house as well? Then what? She and her children would probably be moving into Oslo Palace or another one of her parents' estates. Oh the plight of that
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12-08-2020, 04:53 PM
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Courtier
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Join Date: Aug 2012
Location: Sherwood, United States
Posts: 865
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 It's difficult to say what Princess ML's relationship with money is. She was married for several years, did her money problems begin after her divorce? I recall she had some kind of Angel business, a partnership, but that folded. In the past year and a half she's been on a bit of a shaman high with the sham. Neither one of them seem that grounded, who knows what they have been up to regarding money. Usually people with money problems spend more than they make so where has her money been going if the article is correct. Perhaps poor investments? Does she own a home? We do know she has a reality tv program starting next year and also recently invested or at least touting a product to waterproof riding gear as in horses. Speaking of horses, she bought a horse for one of her daughters not long ago. ML is so exhausting. I hope the best for her. I can't imagine her parents will let her go under financially.
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12-08-2020, 06:55 PM
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Heir Apparent
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Join Date: Oct 2003
Location: , United States
Posts: 3,705
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How wealthy is the Norwegian royal family as a whole?
Did she receive an inheritance from King Olav? Will she stand to receive one once her parents have passed away?
This doesn't surprise me one bit. Princess M L has always lacked seriousness so it's no surprise she doesn't have it together financially.
__________________
Those who plot the destruction of others often perish in the attempt. ---Phaedrus
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12-08-2020, 07:44 PM
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Royal Highness
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Join Date: Feb 2007
Location: Stockholm, Sweden
Posts: 1,676
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Quote:
Originally Posted by Alisa
How wealthy is the Norwegian royal family as a whole?
Did she receive an inheritance from King Olav? Will she stand to receive one once her parents have passed away?
This doesn't surprise me one bit. Princess M L has always lacked seriousness so it's no surprise she doesn't have it together financially.
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I don’t think that’s an issue considering Norway is one of the wealthiest countries on the planet.
I’m sure The King has saved a great deal for her. She is very close to both her parents and she has always had their blessing for her lifestyle, away from ”the golden prison” that is royal life”.
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12-08-2020, 07:54 PM
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Nobility
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Join Date: Aug 2020
Location: Vienna, Austria
Posts: 284
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Quote:
Originally Posted by Alisa
How wealthy is the Norwegian royal family as a whole?
Did she receive an inheritance from King Olav? Will she stand to receive one once her parents have passed away?
This doesn't surprise me one bit. Princess M L has always lacked seriousness so it's no surprise she doesn't have it together financially.
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Märtha inherited the house that she recently sold from King Olav. I don't know if she inherited additional assets.
It's not entirely clear how wealthy they really are. Much of their wealth stems from Queen Maud - money that she was gifted or inherited from her father Edward VII. It was invested via a London bank and that's how it has supposedly remained. Nobody really knows how much it amounts to today.
I rather think that Märtha has always been financially supported by her parents and continues to, because her lifestyle has always seemed to go beyond what she earned in her own career.
As far as I remember, Märtha has done the following things for work: written a children's book, toured as a storyteller (folk tales), participated in concerts as a singer, opened a spiritual school, written books with her business partner at the spiritual school.
Judging from the numbers above, the school (& possibly books?) might for a certain time have provided her with the biggest source of income she's had in her own career, but then that started to decline and she closed the school. But she did not, apparently, curb her standard of living and possibly spent even more money than before by jet setting with the shaman.
If she ended 2019 with basically no money left, and she has not had a job this year I believe, who is paying for the upkeep of her estate, for the horses, and whatever else she and her daughters may want or need? I think her parents must be.
Now, as someone has said, she is presumably doing the reality TV show in order to earn money?
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12-08-2020, 08:47 PM
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Royal Highness
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Join Date: Jul 2013
Location: bedford, United States
Posts: 1,730
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It’ll be interesting to see if her brother is as indulgent with her in the future.
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12-09-2020, 12:40 AM
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Heir Presumptive
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Join Date: Mar 2007
Location: somewhere in, United States
Posts: 2,238
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Quote:
Originally Posted by amaryllus
It’ll be interesting to see if her brother is as indulgent with her in the future.
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It will be very interesting to see what happens once Haakon inherits the throne. It does seem as if her parents have indulged and enabled her as she’s gone about her various “business” pursuits and hobbies all while living a rather lavish lifestyle... I’ve known several people whose parents have acted similarly and it hasn’t worked in their favor.
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12-09-2020, 04:58 AM
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Heir Apparent
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Join Date: Oct 2013
Location: St Thomas, U.S. Minor Outlying Islands
Posts: 5,772
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There is an informative thread here on the Royal Family's finances, including the finances of Princess Märtha Louise:
Finances and Employees of the Norwegian Royal Family
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12-09-2020, 06:36 AM
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Heir Presumptive
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Join Date: Dec 2016
Location: London, United Kingdom
Posts: 2,292
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So they new reality show is a chance to restore some of her funds and maybe they're hoping for spin off books and other merchandise as well and the opportunity to sell GOOP style products. Also the hope of persuading Norwegians that everything is awesome with "The Princess and The Shaman (plus daughters)" and you should very much support their upcoming wedding and stage show.
Let's hope we don't have a proposal on TV.
I do understand that she needs to do something to make money but I really don't know if a reality style show is what this family needs right now with such an emotionally difficult year and trying to find their new normal. Even a more docu, less trashy version is going to put the spotlight more on them and increase both the type of press they want and the parts they definitely don't want.
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12-09-2020, 08:38 AM
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Majesty
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Join Date: Aug 2017
Location: Somewhere, Suriname
Posts: 8,705
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What's this reality show about? If it's about the princess herself it sounds like a very bad idea. And very much 'living of her princess title'...
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12-09-2020, 10:36 AM
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Nobility
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Join Date: Mar 2014
Location: Small Town, United States
Posts: 402
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Did Martha Louise ever pursue additional education after she finished with her regular schooling? It seems that she never prepared for a 'real' career. Education is never wasted.
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12-09-2020, 10:46 AM
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Imperial Majesty
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Join Date: Apr 2016
Location: London, United Kingdom
Posts: 11,380
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Quote:
Originally Posted by MidwestMom
Did Martha Louise ever pursue additional education after she finished with her regular schooling? It seems that she never prepared for a 'real' career. Education is never wasted.
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Why would she prepare for a "real career"? She was a princess, one of only 2 children of the monarch....
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12-09-2020, 11:06 AM
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Heir Presumptive
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Join Date: Mar 2007
Location: somewhere in, United States
Posts: 2,238
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Quote:
Originally Posted by MidwestMom
Did Martha Louise ever pursue additional education after she finished with her regular schooling? It seems that she never prepared for a 'real' career. Education is never wasted.
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According to this article https://www.express.co.uk/news/royal...-Harald-latest she trained as a physical therapist at Oslo University College and also studied at Oxford, although it doesn’t say if she received a degree there or not. She’s never practiced as a physical therapist though- she’s always been in private business, first as a folk storyteller and singer and then with her clairvoyant/angel school.
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