Grosvenor's personal net worth of $14 billion makes him by far and away the richest British person. The Grosvenor family was settled in Cheshire in the 12th century, and acquired Eaton (near Chester) through marriage in the 15th century. This web page shows only a small excerpt of our Grosvenor research. I guess it would be hard to have friends when you are the richest person in England with a bank account north of $14 billion. As we previously mentioned, Gerald Grosvenor, as the current Duke of Westminster, is a two star major general who commanded his nation's Army Reserve until 2012. Jordan Stephens, one half of the duo, has given an intriguing insight, describing Hughie as a really nice kid it was mad seeing him in that space because the best thing about doing his 21st was that, amidst all this money and that heritage, he was so not like that. Part of the 1937 deal was a clause stipulating that the properties should be affordably rented to the working classes. But Grosvenor Estate Holdings became very much his day job. Mandi is an experienced writer on various topics with a passion for telling stories with words. Queen Elizabeth issaid to be worthat least $520 million, while the British monarchy as a whole is worth around $88 billion, according to Forbes. WWE SmackDown results as Cody Rhodes and Roman Reigns come face-to-face. The Duke of Westminster, 29-year-old Hugh Grosvenor, is one of the richest people in the U.K. Bendor Grosvenor Wife Age, Family and Net Worth: Who Is He Married To? He inherited the title and the family business worth 10 billion, but an exclusive Tatler investigation can reveal that the Duke of Westminster has almost no control over the wealth that defines him, Joy for Pippa and James Matthews as their seven-month-old daughter is christened at village church, Earl Spencer shares touching childhood photo of his late mother from his personal archives, Prince and Princess of Wales host Crown Prince Haakon and Crown Princess Mette-Marit of Norway at Windsor Castle. Abbeystead Estate owners Duke of Westminster and Grosvenor family named Hugh Grosvenor Net Worth | TheRichest This came at a high personal cost, however. Alisher Usmanov / Oli Scarff/Getty Images. She also has an extensive collection of valuable assets, such as art, jewellery, and cars. In addition, the trusts pay tax every 10 years based on the value of the assets in lieu of inheritance tax. This may be a good idea. He is 31 years old as of 29 January 2022. Determining the family's exact wealth has been deemed implausible; [71] conspiracy theories claiming the family has $350 billion or trillions of dollars [4] have not been proven. He is best known as the co-presenter of the BBC series 'Britain's Lost Masterpieces', and has discovered a number of important paintings by prominent artists.He is also a writer and a former government adviser on archives and public records. Her father, Grahame, 81, ran a family curtain-making business, Montgomery Tomlinson, that went into administration in 2013. There are also estates in Scotland and Spain, and it virtually rebuilt Liverpools city centre. Lady Edwina Grosvenor Net worth | Biography | Age | Height | Husband Sign up for our newsletter to get the latest stories in hedge funds, PE, fintech, and banking delivered daily to your inbox. . He went on to Newcastle University and gained a 2:1 in agriculture, becoming the first Duke of Westminster to secure a degree. [4] According to Bloomberg, the world's 25 richest families control $1.4 trillion (1,400,000,000,000) of wealth.[5]. Hugh Grosvenor, 7th Duke of Westminster Net Worth. As a duke, he is high on the line of succession in England and Wales. He installed video-conferencing facilities at Eaton Hall to allow essential meetings with executives, and, by his own account, recovered. But after he stood down, it seemed to want to turn itself into a major property company. A lot of people at the party I talked to were, like, This is crazy and Yeah, I just sat next to him in science and I had no idea. Such personal suppression must have taken some psychological effort. Since 2002, he's sold about $30 billion worth of Amazon. Talking about age, Bendor Grosvenor is 43 years old. The first duke, created by Queen Victoria in 1874, was MP for Chester for more than 20 years and built an enormous house near Eccleston, complete with a clock tower modelled on Big Ben. His real name is Hugh Richard Louis Grosvenor. Bendor Gerard Robert Grosvenor has a net worth of $5.00 million (Estimated) which he earned from his occupation as Historian. Kim Jae-chul, Kim Nam-jung, Kim Nam-goo, etc. The Duke's fortune is hinged on the Grosvenor family property portfolio that is worth 12.3 billion. He left millions to charities, including20 million ($25 million) to his family charity the Westminster Foundation and 1.1 million ($1.3 million)to military museums. The London-based business owns 300 acres in the Belgravia and Mayfair neighborhoods, and controlled assets valued at 11 billion pounds ($13.4 billion) on Dec. 31, 2021. Harriet did a teaching degree at Cardiff University but for the past two years has been a consultant with the City recruitment firm Deverell Smith. . Why Hugh Grosvenor, the Duke of Westminster, Is Richer Than - Insider Yet they would have been disappointed, for one looks in vain for signs of profligacy or even a playboy lifestyle. The 6th duke (then Gerald Grosvenor), 1958. the Duke and his family were placed 12th on the Sunday Times Rich List with an estimated net worth of 10 billion. He inherited his title, the family estate and an 8.3 billion fortune following the death of his father, Gerald Cavendish . Customers who bought this product were also interested in. Hugh Grosvenor (7e duc de Westminster) Wikipdia His family also has 13,000 acres of farmland near his Eaton Hall family seat in Cheshire, 96,000 . And it's an exclusive title, as there are currently only 24 dukes (not including royal ones). The Top 25 Richest People in Britain And Their Net Worth He succeeded his father, Gerald, 6th Duke of Westminster, as Duke of Westminster on August 9, 2016. Currently there are seven trustees, including the duke. Gerald Cavendish Grosvenor & family Net Worth He studied countryside management at Newcastle University from 2010 to 2013, earning a Bachelor of Science degree with upper second-class honors. Email: His elder sisters are Lady Tamara Katherine Grosvenor (married Edward van Cutsem, son of Hugh van Cutsem)[6] and Lady Edwina Louise Grosvenor (married TV historian Dan Snow[7]). Gerald Cavendish Grosvenor, the 6th Duke of Westminster and Britain's wealthiest landowner, died at age 64 on August 9, 2016. Benjamin Grosvenor Net Worth His net worth has been growing significantly in 2021-2022. The duke previously donated2.5 million and he's now given10 million to helpsupport the NHS, medical research and development, and charities providing food distribution, especially tofeed children who would normally receive free school meals. He had hoped for a career in the regular Army but knew he had to devote himself to saving the familys fortune. Hearts were warmed on a drizzly day when up to 4,000 well-wishers turned up for a glimpse of Chester's own 'royal wedding'. . From 2000 to 2009, he attended Ellesmere . On June 23, 1991, he was baptized into the Church of England. At the same time, Gerald the son all of a sudden became next in line to assume the title and property. Gerald Grosvenor was something of an accidental duke in that his father had inherited the title from a brother who, in turn, had succeeded a childless cousin. One of its commercial leaseholders tells Tatler: When the late duke had an active role, the Grosvenor Estate was more of a patrician landlord. In recent years, hundreds of jet setting millionaires and billionaires have flocked to the UK to escape fluctuating governments and escalating overseas tax rates. Gerald's family trust owns 190 acres in Belgravia, where homes can sell for $150 million a piece. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Celebrates 21st birthday with Prince Harry and 800 guests at Easton Hall. Find out more about how we use your personal data in our privacy policy and cookie policy. Hughie and Harriet would take the boat along the river, through Chester and then south to the Eaton Estate and Hughies home, the source said. Luther Grosvenor Wiki, Biography, Age, Career, Relationship, Net Worth So if Hughie wanted to sell some juicy plum from the portfolio say the freehold of the Beaumont Hotel for some extra spending money, he would not be able to do it without the consent of the Grosvenor trustees. He was born in 1977 and blows his birthday candle on the 27th of November. The London-based business owns 300 acres in the Belgravia and Mayfair neighborhoods, and. However, his reputation took a bit of hit when he became embroiled in a salacious scandal involving prostitution. [2] He was the world's richest person aged under 30.[3]. The seventh Duke of Westminster, Hugh Grosvenor, is the wealthiest man in the North West. Net Worth 2019 is. Hugh Grosvenor, 7th Duke of Westminster, wears his wealth well. Also known as Gerald Cavendish Grosvenor. Hugh Richard Louis Grosvenor is the third child and only son of Gerald Grosvenor, 6th Duke of Westminster, and his wife Natalia (ne Phillips). And despite inheriting the vast fortune, he reportedly did not have to pay billions ininheritance taxesas much of his empire was passed down through family trusts. Technically speaking, he is worth $13.5 billion more than the Queen herself! We develop, manage and invest to improve property and places across many of the world's leading cities. Gerald has vehemently denied any involvement in the scandal, to the point where all UK papers have been forced to scrub past reporting on it from their online archives. We will continue to update information on Benjamin Grosvenor's parents. Gerald Cavendish Grosvenor & family - Forbes Access your favorite topics in a personalized feed while you're on the go. Not only is the average Canadian net worth larger than the average American net worth, the Canadian housing market is also hotter than the American housing . The 29-year-old aristocrat is also Prince George's godfather. Real estate, textile mills, spirits, inheritance, banking, energy, Hans Duisik, Maurizio Tott, Helga Dujsik, Christian Hfer, This page was last edited on 3 March 2023, at 16:03. Who is the Duke of Westminster? Why Hugh Grosvenor's net worth is so The Queen is the 16th richest member of the titled nobility in Britain and actually only the joint 329th wealthiest person in the UK, according to the Sunday Times Rich List. If so, home will be Eaton Hall, set in 11,000 acres near the village of Eccleston, an estate awarded to a Grosvenor ancestor by William the Conqueror. Despite a severe chill in the London property market, mainly caused by Brexit uncertainty, the group posted revenue profits of 79.2m last year, slightly lower than the year before but better than had been feared. England's true money king has an appropriately snooty title: The 6th Duke of Westminster. Who Is Dan Snow's Wife? - Ourhairstyles