Though she was born into upper middle-class comfort, the Cartland family's finances rapidly deteriorated shortly after her birth. Cartland would later attribute this downturn to the suicide of her paternal grandfather, James Cartland, who, she stated, was a financier who shot himself in the wake of bankruptcy. However, according to the entry in the probate registry, James Cartland, the proprietor of a brass foundry, left an estate of £92,000, suggesting that Barbara Cartland's version of events is to a degree fanciful.