Tuesday, August 09, 2011

Duchess gives away fortune all for love

Came accross an interesting piece about an 85 year old Duchess in Spain, who is marrying a man 24 years younger. This in itself isn't news but what makes this story interesting is that the Duchess Maria del Rosario Cayetana Alfonsa Victoria Eugenia Francisca Fitz-James is a multi-millionaire, and to underline that their relationship is based on real love, she is giving away all her worldly possessions including big buckeroonies.

The Duchess, who is one of the wealthiest women in Spain, is estimated to be worth between $850 million and $5 billion, give or take a million or two, and one could see how the wealth could add to her attractiveness ("Oh Eleanor - you're such a cynic!"). Hence the decision to give away all her worldly possessions to prove to the world that love will pay the bills...or at least that her relationship with one Alfonso Diez, a civil servant is based on something else other than money and all that it can buy.In addition, her six offspring aren't crazy about the forthcoming nuptials and this was the basis for her decision. Really, in the end, the kids/grandchildren will be the real beneficiaries, being the recipients of her fortune.

"Alfonso doesn't want anything. All he wants is me," she had commented regarding their relationship earlier in the year.

Don't want to sound cynical but one wonders if this was before or after Alfonso was made aware that they would be living on love, alone. Thinking further about their relationship, why bother marrying at all? Why not just live together as many people do these days?

A further thought (too much time on my hands, obviously) in as far as the wedding is concerned. Having not been invited to "the wedding" (Will and Kate)...that is to say, my invitation having been lost in the mail, perhaps - just perhaps - an invitation will be/could be/might be forthcoming to this one? I mean - what would one wear if one was invited to a wedding of a multi-millionaire-ess Spanish Duchess who will have a modest affair having given away her fortune? I shall be checking my mail box in the event that an invitation could be wedged inside.

According to a report in a Spanish newspaper, her eldest son, Carlos, inherits the Liria Palace in Madrid and the Monterrey Palance in Salamanca, as well as the family fortune. Her only daughter, Eugenia, inherits an estate in Ibiza and a further 600 acres near Seville.

The duchess has been friends with Diez for several years. There were rumors of a wedding in 2008 but her children nixed the idea of marriage. Will be looking for wedding updates to see if the nuptials will actually take place. Wonder if Debrett's has a section on attending Spanish weddings of Spanish royalty that were wealthy give away their fortune for love...

UPDATE: October 5: the nuptials have indeed taken place. The Duchess wore a salmon, shin-length dress by Spanish designers Victorio y Lucchino. The bride expressed her happiness in an impromptu dance to the delight of onlookers.

Photos: http://www.dailymail.co.uk/news/article-2045627/Duchess-Alba-marries-toyboy-Alfonso-Diez-lavish-wedding-ceremony.html


Anonymous said...

This sounds like her children control the money. I'm not up on family inheritence, just age, and, were I that wealthy at 85 I'd simply say 'I don't care!' to anyone that asked and have a great time spending money and enjoying my new husband...social decorum be...you know.

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scriberess said...

I agree but it still makes me wonder why the necessity for a marriage at that stage of life. Oh well - different strokes for different folks I guess...

Al1801 said...

Aaaah! what a blow, this lady has a string of exotic names only to be surnamed Fitz-James.
Now, this guy is about 61, right. Must be love, he's too fart advanced in age to be a toy-boy.
Ah well! El amor verdadero Mayu vivir mucho tiempo. Or, may love live long.