The Earl of Snowdon and his wife the Countess of Snowdon have 'amicably agreed' that their marriage has come to an end and will divorce - leading to them splitting up their assets.
The Earl - David Armstrong-Jones - who is known for his high-end furniture company and wife Serena are to separate after more than 25 years of marriage.
The announcement comes after the Queen's grandson Peter Phillips and wife Autumn revealed last week they are to split.
The divorce itself will involve a complicated division of assets. Linley once confessed that his overriding motivation in life was money. It drives him on, he admitted, ‘absolutely always has’.
David Armstrong-Jones and wife Serena at the pre-ceremony of the wedding of Prince Harry and Meghan Markle in May 2018
The Earl and Countess of Snowdon kissing on holiday at the Monte Carlo beach club on July 1992
Pictured left to right, David Armstrong-Jones, Earl of Snowdon, Lady Margarita Armstrong-Jones, Serena Armstrong-Jones, Countess of Snowdon, and Charles Armstrong-Jones, Viscount Linley, at a party in London in 2017
Princess Margaret, played by Helena Bonham Carter in hit TV show The Crown, on Netflix, with Ben Daniels as Lord Snowdon
In 1982, he founded his bespoke furniture making business, David Linley & Company, later known simply as Linley. The company also provides interior design and upholstery products.
He has furnished yachts for Valentino and the Lebanese-Saudi socialite Mouna Ayoub and the company’s client list also includes Sir Elton John and designer Lady Weinberg. He has remained chairman throughout several financial bailouts of the company.
As for properties, he has a flat in Kensington and a holiday home in France.
He sold Les Jolies Eaux, his mother Princess Margaret’s home on the Caribbean island of Mustique, while she was still alive, for £2.1million in 2000 to a venture capitalist.
It was the only property she ever owned and, although the land was a wedding gift from her friend Lord Glenconner, she paid for the building herself.
Serena is the daughter of debutante Virginia Freeman-Jackson and the 12th Earl of Harrington Viscount Petersham, the London landowner reportedly worth up to £250million.
Serena had her own shop in Knightsbridge called Serena Linley Provence from 2010 until 2014.
Controversy followed David’s decision to auction off his late mother’s possessions to meet ‘normal family requirements’ in 2007. He said the funds would go towards educating his children.
David and his wife Serena attend the funeral of the 1st Earl of Snowdon at at St Martin's Church Fitcham Norfolk
The Queen Mother (right) is introduced to David Linley, her grandson, in 1961, by the boy's parents Princess Margaret and Lord Snowdon
Heading for honeymoon in Zimbabwe, David and Serena after their marriage in the 1990s
Born at Clarence House in 1961, the Earl spent much of his early life at Buckingham Palace where he was schooled alongside his cousin, Prince Andrew.
David was in his late teens when his parents finalised their acrimonious split in 1978, but his father remained close to the royals and even shot the Queen's official 80th birthday portrait.sonos sonos One (Gen 2) - Voice Controlled Smart Speaker with Amazon Alexa Built-in - Black read more
Unlike his cousin, David eschewed a military career to carve out a path in furniture design, setting up his own company, now known as Linley's.
The Queen's nephew has penned a string of books about furniture and interiors, and his pieces are stocked at luxury retailer Harrods with Elton John and Mick Jagger said to be fans.
He is believed to have inherited much of his mother's estimated £20million fortune alongside his sister Sarah in