The letters patent that established the dukedom stated that the title will pass to the eldest male heir. ", "Ng brothers are Singapore's richest for 6 years running: Forbes", "Texas billionaire Harold Simmons' heirs save some money on taxes", "Medtech's Billionaires: #1 The Stryker Family and John Brown - MDDI Medical Device and Diagnostic Industry News Products and Suppliers", "Who are Israel's top five wealthiest people? 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. It saddens me, he notes. The answer, on the present evidence, is no. When he inherited his late father's fortune of around 9.5bn last summer, he was variously described as Britain's fifth richest man and the richest man in the world under 30. Basically, this is a courtesy title awarded to an influential family and holding no real claim to the throne. Certainly, the Grosvenors were stung by comments suggesting their trust arrangements were a way to avoid inheritance tax, which, on the Grosvenor fortune, might have run to billions when the 6th duke died. He inherited the family assets when his father, Gerald Cavendish Grosvenor, passed away in 2016. His family also has 13,000 acres of farmland near his Eaton Hall family seat in Cheshire, 96,000 . He was born in 1977 and blows his birthday candle on the 27th of November. At the same time, Gerald the son all of a sudden became next in line to assume the title and property. Finally, he completed his Ph.D. from the University of East Anglia. He has spent his career fiercely devoted to his country and military career. Kim Jae-chul, Kim Nam-jung, Kim Nam-goo, etc. Hugh's family began its path to mightiness when Sir Thomas Grosvenor married a woman who came with around 500 acres of swamps, orchards and pasture back in 1677. Free updates within one year are included in the purchase price, a preview file is available. Popularly known as the Historian of United Kingdom. Alisher Usmanov / Oli Scarff/Getty Images. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, But you knew that the strategy and the big decisions were being handled by others, by people with their eyes firmly fixed on the bottom line. And that is where their eyes remain resolutely fixed although the Grosvenor Group is a private concern, it adopts a corporate model and succeeds in a tough business environment. . Gerald Cavendish Grosvenor has grown his family's wealth substantially as head of the Grosvenor Group. : Meet the Quebec billionaire family thriving on North America's love affair with pizza and mozzarella", "Mediobanca - Archivio Storico Vincenzo Maranghi", "C.& C. Milano s.r.l - tessuti per l'arredamento e biancheria per la casa", "How Floyd Mayweather Became Boxing's First $1 Billion Fighter", "Wealthiest People in Canada by Province/Territory", "Hougen Family Book - Hougen Group of Companies", Here's how India's wealthiest families are seeking to stay wealthy, World's Richest Families Seeking to Make More Deals on Their Own, The T&C 50: The Richest Families You've Never Heard Of, Europe's richest royal gets richer as family bank lures wealthy, World's Wealthiest Became $1 Trillion Richer in 2017, 87 richest families in Canada have 4,000 times more wealth than average family, report says, https://en.wikipedia.org/w/index.php?title=List_of_wealthiest_families&oldid=1142644170, Three families, the collective enterprise of which has roots in the 14th century, Karl Ludwig Reimann, Renate Reimann-Haas, Wolfgang Reimann. Little is known about the Duke of Cambridges personal life. His wife is Lady Edwina Louise Grosvenor (m. 2010) Dan Snow income His net worth has been growing significantly in 2021-2021. Majority of Benjamin's money comes from being a pianist. . The duchess and 6th duke with Ladies Edwina and Tamara at Eaton Hall, (pre-makeover), 1984. The seventh Duke of Westminster, Hugh Grosvenor, is the wealthiest man in the North West. It might be tempting to think of Hughie Grosvenor as master of all he surveys, but the way his predecessors arranged their affairs means it may even be technically incorrect to call him a billionaire. Luther's income mostly comes . Grosvenor is survived by a wife and four children. Valuations are Assisted by handpicked professionals, his late father ran the Grosvenor business for many years, but so far the 7th duke seems happy to let his dads team get on with it. At present, the business holds property on five continents and reports more than $15 billion in assets under management. The ancient tradition of primogeniture allowed Hughie to succeed to the title, but Tatler can reveal that his sisters receive just as much as he does from the estate. Advertisement Hide Ad The Duke, 30, also ranks in first place on the Young Rich List, the same position as a year ago. His father was also philanthropic. He joined the estates graduate programme and worked in the businesss key areas, but seems to have decided against making a career there. Brewing ran in the familyArthur's father was a steward in the service of the Anglican Archbishop of Cashel and part of his job was helping to run the estate's brewery. The Sunday Times Rich List recently ranked the seventh Duke of Westminster as number one in its Young Rich List - for the under 30s - and 10th overall. Her fortune is valued at 360 million ($466.2 million). The action you just performed triggered the security solution. The duke donated several million pounds in April 2020 to support the British governments response to the COVID-19 pandemic and the National Health Service (NHS). Submit a correction suggestion and help us fix it! Estimated Net Worth in 2019: $100K-$1M (Approx.) 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. 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. There is no question Lady Edwina Grosvenor is the most famous & most loved celebrity of all the time. By clicking Sign up, you agree to receive marketing emails from Insider and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. - Net Worth He has an estimated net worth of $11.6B. Bendor attended Harrow School and then joined Pembroke College. In October 2013, however, he was named a godfather to Prince George of Cambridge. He is the world's richest person aged under 30. Grosvenor's full name is Bendor Gerard Robert Grosvenor. Grosvenor was born into a wealthy family with an extensive history in the business of property development. At first glance, if you research "Richest Person in England" you might conclude that the title belongs to Arsenal team co-owner Alisher Usmanov thanks to his $20.4 billion net worth. Hugh Richard Louis Grosvenor is the third child and only son of Gerald Grosvenor, 6th Duke of Westminster, and his wife Natalia (ne Phillips). Hugh Grosvenor has a fortune of 10.1bn ($13.1bn) after he inherited his family's huge property portfolio following the death of this father in 2016. [18][19], In April 2020, the duke donated several million pounds in support of the British government response to the COVID-19 pandemic and the National Health Service (NHS). 2023 Forbes Media LLC. The Grosvenors refuse to release financial information on the estate and, given the complexities of real estate, it is impossible to estimate its total worth. The Cargill Macmillan Family. After his education, Grosvenor joined the military, where in 1973 he went to Sandhurst and commanded the North Irish Horse, The Cheshire Yeomanry Squadron, which was founded by his ancestors, and the "The Queen's Own Yeomanry". According to a Grosvenor Estate insider, Hughie is a frequent visitor to the Tomlinson home, where theres a motorboat on a river mooring. He liberated airlines and trucking and enabled the 1980s-1990s boom. Family. Lady Edwina Grosvenor net worth, birthday, age, height, weight, wiki, fact 2021-22! Bendor Gerard Robert Grosvenor Net Worth & Basic source of earning is being a successful British Historian. Gerald Grosvenor Net Worth Gerald Grosvenor Net Worth 2023: Wiki Biography, Married, Family, Measurements, Height, Salary, Relationships. He studied countryside management at Newcastle University from 2010 to 2013, earning a Bachelor of Science degree with upper second-class honors. 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. The value of these properties is based on average prevailing land values for high-quality rural property and farmland in those specific regions, using UK land value data from Knight Frank for 2021. The latter is a prison reformer and philanthropist, who co-founded The Clink Restaurants. With a net wealth of 10.054bn, according to the Sunday Times, he and his family rank as the 12th richest in the UK. The Duke of Westminster is a title created by Queen Victoria in 1875 to be given to Hugh Grosvenor, 3rd Marquess of Westminster. In the Fifties, the Grosvenor family placed their main assets in a series of trusts to protect the estate from spendthrift heirs, disastrous divorce and other threats. One of the lists rank the richest aristocrats in the UK which total 38 people and their families. Britain's Duke of Westminster Gerald Cavendish Grosvenor /TOBY MELVILLE/AFP/Getty Images. On June 23, 1991, he was baptized into the Church of England. 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]). This land, he once said, has been in our family for the last 900 years and it will, hopefully, continue to be in the family for the next 900 years. He fought for most of his life to ensure the future wealth and health of his line. Dennis Grosvenor body measurments, height, weight and age details. As of 2023, Hugh Grosvenor net worth is $14 billion making him one of the richest British people and the world at large. The Duke of Westminster, 29-year-old Hugh Grosvenor, is one of the richest people in the U.K. In 1999, the chainsmoking, tireless duke (he was always up before 5.30am) suffered a mental breakdown. Benjamin Grosvenor's mother's name is unknown at this time and his father's name is under review. You almost get frightened of going out. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. 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. The Duke and his family are estimated to be worth 10.1 billion (US$13 billion), according to the Sunday Times Rich List in May 2019. Above the "nil-rate band" - what every individual can leave free of death duties - the value of an estate is taxed at 40pc. You can find out how much net worth Lady Edwina has this year and how she spent her expenses. PODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete; 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Actresses 2017 At the time of his passing, he ranked as the 114th wealthiest person in the world. He will become the 7th member of the family to hold the title. his net worth has been growing significantly in 2021-2022. Il tire son nom d'un ancien domaine de la cit de Westminster, correspondant l'actuel quartier de Belgravia.. Sous George III, sir Richard Grosvenor, 7 e baronnet devient baron Grosvenor (1761) puis vicomte Belgrave et comte . Benjamin Grosvenor Net Worth His net worth has been growing significantly in 2021-2022. Grosvenor Group opens office in Shanghai, its first in mainland China. Net worth: 685 million Age: 54 Andrew Ian Henry Russell is the 15th Duke of Bedford and is heir to two family companies as well as house and grounds valued at 150 million. He had hoped for a career in the regular Army but knew he had to devote himself to saving the familys fortune. He studied countryside management at Newcastle University before working in his family's real estate business. The duke, members of the Grosvenor family and the trusts pay income tax and capital gains tax at the highest marginal rate. He is descended from Russias Romanov imperial family through his mother and maternally from Nicholas I of Russia, Russian writer Alexander Pushkin and his wife Natalia Nikolayevna Goncharova, and Pushkins great-grandfatherAfrican freed slave turned Russian nobleman Abram Petrovich Hannibal. The family, who ranked 13th on the 2019 rich list, currently holds the position as the 8th richest people in Britain with a net worth of 10.53 billion. Hi Estate is located in the heart of Shropshire, and it features a 16th Century Tudor house with five luxurious en suite bedrooms, adjoining cottages, manicured gardens, and acres of open countryside. Perhaps the public exposure that is inevitable when one runs a multinational did not appeal. So, how much is Benjamin Grosvenor worth at the age of 30 years old? Moreover, he belongs to the zodiac sign of Sagittarius. Another 113 words (8 lines of text) covering the years 1585, 1645, 1604, 1665, 1655, 1700, 1693, 1732, 1695, 1755, 1676, 1758, 1676, 1710, 1712 and 1716 are included under the topic Early Grosvenor History in all our PDF Extended History products and printed products wherever possible. A perennial on this list, Rahm's most valuable unpaid adviser and confidant (they're like brothers), a bigtime asset manager ($55 billion under management), and the vice chairman of World Business. Since then his family has expanded its fortune by purchasing huge swaths of land across the globe. . He currently has a net worth of $13.32 billion, which he inherited when his father died, alongside his title and estates in Belgravia and Mayfair. Stay up to date with what you want to know. Gerald Cavendish Grosvenor & family is a member of Real Estate Age, Biography and Wiki Net worth: $13 Billion 2010 $12 Billion 2011 $13 Billion 2012 $11 Billion The Baroness,eldest of four daughters of the late Lord Howard de Walden, increased the family's fortune by 400 million in 2014 to 2015, mainly due to their control of 90 acres of central London land. Net Worth: Undisclosed. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. He currently has a net worth of $13.32 billion, which he inherited when his father died, alongside his title and estates in Belgravia and Mayfair. But what was perhaps most important to the 7th dukes father was the Grosvenor name and the Grosvenor Estate. Hugh Grosvenor is born, the third child of Gerald Grosvenor. There are also estates in Scotland and Spain, and it virtually rebuilt Liverpools city centre. 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. Grosvenor, the seventh Duke of Westminster, controls Grosvenor Group, a British real estate company. converted to U.S. dollars at current exchange rates Read All the siblings were educated at a local state primary school, followed by a small private day school, Mostyn House School, near the family home of Eaton Hall, Cheshire. The family's accumulated wealth has been divided among many descendants, only one of which ( Benjamin de Rothschild) was officially recognized as a billionaire. He is the world's richest person aged under 30. His son, Hugh, a godfather to Prince George, will assume the dukedom. We have estimated Luther Grosvenor's net worth , money, salary, income, and assets. Sign up for notifications from Insider! We will continue to update information on Benjamin Grosvenor's parents. Hugh Grosevenor became the Seventh Duke of Westminster after his father Gerald Cavendish Grosvenor.