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[bold]Duchess of Alba, who died aged 88, leaves NOTHING to her 64-year-old toyboy while her six children get the £3billion fortune - and a palace each[/bold]
* Duchess of Alba, known as 'Cayetana', had a £2.2billion fortune and owned palaces, castles and fine works of art * The 88-year-old was rushed to hospital on Sunday with pneumonia and two days ago showed signs of recovery * She raised eyebrows and caused family friction in 2011 when she married a man 25 years her junior, Alfonso Diez * A relative of Winston Churchill, the duchess shared toys with Queen Elizabeth while living in England as a girl * Following her death, her six children are set to inherit a palace each as well as large acres of land across Spain
The six children of Spain's flamboyant billionaire, the Duchess of Alba, are set to inherit a palace each following her death aged 88.
Worth an estimated £2.2billion, the Spanish duchess was one of Europe's wealthiest aristocrats when she passed away yesterday at her Seville residence, Duenas Palace.
Friends, relatives and well-wishers paid their respects to the duchess, also known as 'Cayetana', after she died following a battle with pneumonia.
Her 64-year-old husband Alfonso Diez, who is 24 years her junior, was said to be at her bedside when she passed.
He is not set to receive any of her fortune, which includes an impressive property portfolio, 50,000 pieces of artwork and 18,000 rare books, after he signed a document renouncing himself from her wealth prior to their marriage in October 2011.
Instead, the Duchess - who is a direct royal descent from King James II of England - has left her entire estate to her six children, with them each receiving a palace, as well as thousands of acres of land. Her eight grandchildren are also said to have inherited a substantial chunk of her estate.
Details of her will were published prior to her marriage to Diez three years ago after she announced she had divided her estate among her children.
It came after a family feud following objections from her relatives that she wed Diez, who was a civil servant.
At the time, she confirmed her third husband had signed an official document renouncing any claim to her wealth and said: 'Alfonso doesn't want anything. All he wants is me.'
The owner of fabulous palaces and priceless works of art, Maria del Rosario Cayetana Alfonsa Victoria Eugenia FranciscaFitz-James Stuart y Silva, known as 'Cayetana', was known for her flamboyant lifestyle and was the world's most titled person, according to the Guinness Book of Records.
The duchess last came to international attention in 2011 when she - then aged 85 - danced flamenco at her third wedding to Diez, who she married despite objections from her six children.
To win their approval Diez renounced any claim to the duchess's wealth and just before the wedding she divided up much of her estate among her five sons and one daughter in her will.
However, she kept control over the assets - reputedly worth between 600 million and 3.5 billion euros ($750 million and $4.4 billion) - until her death.
With her cloud of white hair and face moulded by plastic surgery, she was rarely out of the Spanish gossip magazines.
'If they forget you, you are nobody,' she once told one of the Spanish celebrity magazines of which she was a fixture. Many of the palaces, castles and works of art belonging to the House of Alba have restrictions placed on their sale because of their historic importance for Spain.
'I don't like to talk about money. Many people confuse having cash with having assets - we've never had a lot of cash,' she wrote in her autobiography.
(Marrying the boy toy, below.) (He was 20 years younger)