{"id":2318144,"date":"2026-03-08T10:24:20","date_gmt":"2026-03-08T10:24:20","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2318144"},"modified":"2026-03-08T10:24:20","modified_gmt":"2026-03-08T10:24:20","slug":"late-thomas-kingstons-family-owed-8m-it-couldnt-pay-back-when-royal-took-own-life-royal-news","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/late-thomas-kingstons-family-owed-8m-it-couldnt-pay-back-when-royal-took-own-life-royal-news\/","title":{"rendered":"Late Thomas Kingston&#8217;s family owed \u00a38m it couldn&#8217;t pay back when royal took own life | Royal | News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A royal who took his own life in 2024 was the co-owner and director of a company that owed millions at the time of his death. <a target=\"_blank\" data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/royal\/2048751\/thomas-kingston-royal-company-debts\">Thomas Kingston<\/a> lived an extraordinary life, working on hostage release operations during the Iraq war after leaving university, before becoming a financier.<\/p>\n<\/div>\n<div>\n<p>The state-educated frontier market investment specialist, 45, then joined Britain&#8217;s most prestigious family in 2019, through his marriage to <a target=\"_blank\" data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/latest\/lady-gabriella-windsor\">Lady Gabriella Windsor<\/a>, the only daughter of Prince and Princess Michael of Kent. But tragedy struck on February 25, 2024 when <a target=\"_blank\" data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/royal\/2048751\/thomas-kingston-royal-company-debts\">Mr Kingston<\/a> was found lifeless after dying from self-inflicted shotgun wound at his parents&#8217; home in The Cotswolds. A coroner found that he died after suffering an adverse effect to medication prescribed by his doctor.<\/p>\n<\/div>\n<div>\n<p>After his death, it was reported that his firm, Devonport Capital Limited, owed \u00a327.9million after plunging into debt. Forensic accountants have now established in a report seen by <a target=\"_blank\" data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.dailymail.co.uk\/news\/article-15621493\/Tragic-royal-Thomas-Kingstons-investment-firm-owed-8m-pay-shot-himself.html\" target=\"_blank\" rel=\"nofollow\">MailOnline<\/a> that the final residual amount left to pay back creditors was \u00a319.8million, meaning the company was short of \u00a38.1million for creditors.<\/p>\n<\/div>\n<div>\n<p>Mr Kingston had invested \u00a31.6million of his own money into the firm before his passing. His dad Martin Kingston, a barrister, had also helped try support the firm, and is one of several creditors. He is owed \u00a3162,000.<\/p>\n<\/div>\n<div>\n<p>The lack of remaining funds means creditors will get repayments at a rate of 71% of the sum owed.<\/p>\n<\/div>\n<div>\n<p>Devonport Capital had been in administration as insolvency practitioners sought to settle its debts, before going into liquidation.<\/p>\n<\/div>\n<div>\n<p>An inquest was told Mr Kingston had initially been given sertraline, a selective serotonin reuptake inhibitor (SSRI) used to treat depression.<\/p>\n<\/div>\n<div>\n<p>He was also prescribed zopiclone after complaining of trouble sleeping following stress at work. He later moved from sertraline to citalopram, a similar drug, after telling his doctor the former wasn&#8217;t making him feel better.<\/p>\n<\/div>\n<div>\n<p>Mr Kingston stopped taking medication in the days leading up to his death, the inquest heard.<\/p>\n<\/div>\n<div>\n<p>Lady Gabriella told the inquest: &#8220;The lack of any evidence of inclination, it seems highly likely to me that he had an adverse reaction to the pills that led him to take his life.&#8221;<\/p>\n<\/div>\n<div>\n<p>Recording a narrative conclusion, Katy Skerrett, senior coroner for Gloucestershire, said: \u201cMr Kingston took his own life using a shotgun which caused a severe traumatic wound to the head.<\/p>\n<\/div>\n<div>\n<p>\u201cThe evidence of his wife, family and business partner all supports his lack of suicidal intent. He was suffering adverse effects of medication he had recently been prescribed.\u201d<\/p>\n<\/div>\n<div>\n<p><em><strong>**Whatever you&#8217;re going through, you can call the Samaritans free at any time from any phone on 116 123. Lines are open 24 hours a day. You can also email **<a target=\"_blank\" data-link-tracking=\"InArticle|Link\" href=\"https:\/\/www.express.co.uk\/news\/royal\/2179629\/mailto:jo@samaritans.org\">jo@samaritans.org<\/a><\/strong><\/em><\/p>\n<\/div>\n<p><script>const Init=()=>{const interval=setInterval(()=>{if(typeof window.utag_data.consentData!=='undefined'){clearInterval(interval);ExpressApp.Log('[Facebook] consent data',window.utag_data.consentData)\nif(!window.isVendorConsented(window.utag_data.consentData,20,!0)){return!1}\nconst publisherPurposes=window.utag_data.consentData.tcfv2consent?.publisher?.consents\nconst consentPurposes=window.utag_data.consentData.tcfv2consent?.purpose?.consents\nif(!publisherPurposes[1]||!publisherPurposes[2]||!publisherPurposes[3]||!publisherPurposes[4]||!consentPurposes[1]||!consentPurposes[2]||!consentPurposes[3]||!consentPurposes[4]){return!1}\n!function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https:\/\/connect.facebook.net\/en_US\/fbevents.js');fbq('init','331470507705028');fbq('trackSingle','331470507705028','PageView')}else{ExpressApp.Log('[Facebook] Facebook is waiting for consent data')}},100)}\nif(typeof flagTcfLoaded!=='undefined'&&flagTcfLoaded){Init()}else{document.addEventListener('tcfLoaded',()=>{Init()})}<\/script><\/p>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.express.co.uk \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A royal who took his own life in 2024 was the co-owner and director of a company that owed millions at the time of his death. Thomas Kingston lived an extraordinary life, working on hostage release operations during the Iraq war after leaving university, before becoming a financier. The state-educated frontier market investment specialist, 45, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2318145,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[43],"tags":[419679,449171,317655,449172,337013,449173,317380],"class_list":["post-2318144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-royalty","tag-debt","tag-devonport-capital-limited","tag-drugs","tag-financial-debt","tag-lady-gabriella-kingston","tag-medication-effects","tag-thomas-kingston"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/03\/Late-Thomas-Kingstons-family-owed-8m-it-couldnt-pay-back.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2318144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2318144"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2318144\/revisions"}],"predecessor-version":[{"id":2318146,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2318144\/revisions\/2318146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2318145"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2318144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2318144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2318144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}