He was born in 1991 in Westminster, London, United Kingdom. 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. Property correspondent Mira Bar-Hillel says: The duke had the most amazingblue eyes and he seemed to radiate kindness. Also find out how she got rich at the age of 39. Bendor attended Harrow School and then joined Pembroke College. 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. It saddens me, he notes. He inherited his title, the family estate and an 8.3 billion fortune following the death of his father, Gerald Cavendish . And when families on his estates were hit with bills from the Thatcher governments poll tax, Gerald Grosvenor paid them. His family also has 13,000 acres of farmland near his Eaton Hall family seat in Cheshire, 96,000 . He succeeded his father, Gerald, 6th Duke of Westminster, as Duke of Westminster on August 9, 2016. In 1979, aged 27, he succeeded to the dukedom in the wake of a decade-long property crisis. The baby-faced duke inherited the extraordinary fortune when his father Gerald Cavendish Grosvenor passed away in 2016. You just wake up in the morning and wish it was evening. Exhaustion and stress were diagnosed, and he cancelled everything for three months. Alisher Usmanov / Oli Scarff/Getty Images. His son, Hugh, a godfather to Prince George, will assume the dukedom. Now it operates like a hard-nosed multinational.. The 6th Duke of Westminster thought he would grow up farming beef in Northern Ireland. Ideal for special occasions such as weddings and parties. Charlene de Carvalho-Heineken and Michel de Carvalho. Grosvenor's full name is Bendor Gerard Robert Grosvenor. British billionaire Hugh Grosvenor, the Duke of Westminster, is donating $12.5 million to his country's coronavirus relief efforts -- and that's on top of the $3.1 million he gave last month. 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. Gerald Cavendish Grosvenor, the 6th Duke of Westminster and Britain's wealthiest landowner, died at age 64 on August 9, 2016. But technically, Usmanov is still a Russian citizen. She is from United Kingdom. The seventh Duke of Westminster, Hugh Grosvenor, is the wealthiest man in the North West. And like most British wealth, Grosvenor earned his title the old fashioned way He. [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). Story Saved. The last update of the list was published on January 2nd, 2023. [2] He was the world's richest person aged under 30.[3]. The world's longest-reigning monarch is the head of only the fifth richest royal family on the planet. Hugh Grosvenor is a British aristocrat, businessman, and the owner of the Grosvenor Group. Edward Norton. Hugh Richard Louis Grosvenor, 7th Duke of Westminster (born 29 January 1991), . Several members of the Grosvenor family attended the nuptials of Prince William and Kate Middleton back in 2011. Access your favorite topics in a personalized feed while you're on the go. -, Last edited on 25 February 2023, at 07:58, Gerald Grosvenor, 6th Duke of Westminster, British government response to the COVID-19 pandemic, "Hugh Grosvenor: How the richest man in the world under 30 stays normal", "Descendant Of Pushkin And The Romanovs Becomes World's Youngest Billionaire", "Lady Edwina Grosvenor's fight for prisoners", "Inheritance tax: why the new Duke of Westminster will not pay billions", "How the Duke of Westminster dodged IHT MoneyWeek", "Inheritance tax, and how the Dukes of Westminster avoid it on their 9bn fortune", "Duke's 9bn inheritance prompts call for tax overhaul", "Hugh Grosvenor: Meet the 22-year-old, baby-faced, absurdly rich godparent to Prince George", "Prince George christening: profiles of the godparents", "Prince George's godfather, billionaire Duke of Westminster, gave $15.6M to UK coronavirus relief charities", https://en.wikipedia.org/w/index.php?title=Hugh_Grosvenor,_7th_Duke_of_Westminster&oldid=1141480856, This page was last edited on 25 February 2023, at 07:58. She also has an extensive collection of valuable assets, such as art, jewellery, and cars. For his day job, the 7th duke works in the accounts department of Bio-Bean, a company headquartered in Borough that turns waste coffee grounds into biofuels. In addition, the trusts pay tax every 10 years based on the value of the assets in lieu of inheritance tax. But theoretically, at least, the. Technically speaking, he is worth $13.5 billion more than the Queen herself! Clemens Brenninkmeijer, August Brenninkmeyer, Real estate, financial services, commodity trading, Karl Von Schwangau III, Ludwig Von Schwangau Jr, Karl Von Schwangau IV, Rossana Camargo de Arruda Botelho, Renata de Camargo Nascimento, Regina de Camargo Pires Oliveira Dias, Wilhelm Carl Heraeus, Jrgen Heraeus, Jan Rinnert, Carl Johann Freudenberg, Reinhart Freudenberg, Wolfram Freudenberg, Martin Wentzler, Alfredo Egydio de Arruda, Villela Filho, Ana Lucia de Mattos, Barretto Villela. Bio-Beans Coffee Logs sell for 15.99 per bag on Amazon and burn with a pleasant coffee fragrance ideal for the discerning woodstove owner. He pitched in, working closely as chairman with the executive trustee, a savvy property man called Jimmy James. He became Duke of Westminster on 9 August 2016, on the death of his father Gerald, 6th Duke of Westminster. Bloomberg reporting. The Duchess and 6th Duke of Westminster with their daughters Lady Edwina and Lady Tamara, 1984. Through his mother, he is descended from the Romanov imperial family of Russia and maternally descends from Nicholas I of Russia, the Russian writer Alexander Pushkin and his wife Natalia Nikolayevna Goncharova,[4] as well as from Pushkin's great-grandfatherAfrican freed slave turned Russian nobleman Abram Petrovich Hannibal. Perfect for celebrations such as weddings and parties.of Westminster, as he became, is a beneficial owner but not the legal owneran arrangement that drew a lot of attention in the press because of the inheritance tax exemption it provides. He studied countryside management at Newcastle University before working in his family's real estate business. He will become the 7th member of the family to hold the title. 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. Harriet, 26, has been Hughies on-off girlfriend for more than a decade. The valuation for these assets is based on the net asset value reported in the holding company's financial statements for the year ended December 2021 and adjusted to reflect the exchange rate on Sept. 29, 2022. Biography You almost get frightened of going out. 85.214.200.228 Hugh Grosvenor's net worth as he donates 12.5m to NHS charities. But there are several aristocrats who havemore. We have estimated Benjamin Grosvenor's net worth , money, salary, income, and assets. One of the lists rank the richest aristocrats in the UK which total 38 people and their families. He is from UK. The dress code for the party was black tie and neon, and comedian Michael McIntyre was reportedly paid 40,000 to crack the jokes. In London, it owns 50 per cent of Mayfair (including the freeholds of the American embassy, the Beaumont Hotel and the Gagosian Gallery) and 300 acres of Belgravia. 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. [9][10][11], After university, the then Earl Grosvenor, as he was at the time, worked in estate management at Wheatsheaf Investment from 2013 to 2014, and the Grosvenor Group from 2014 to 2015, before becoming Accounts Manager at Bio-bean, an energy company, in January 2016. The Duke's fortune is hinged on the Grosvenor family property portfolio that is worth 12.3 billion. The tax was, he said, insufferable. CHICAGO, October 22, 2020 - GCM Grosvenor, a global alternative asset management firm, announced today that in the third quarter, Fee-Paying Assets Under Management ("FPAUM") increased approximately 1% from the prior quarter to approximately $49.9 billion and Contracted Not Yet FPAUM increased approximately 19% from the prior quarter to $6.6 FC Barcelona head coach Xavi Hernandez and president Joan Laporta are not currently seeing eye to eye on the potential sale of misfit winger Raphinha this summer, according to reports. And yes, he's single. Basically, this is a courtesy title awarded to an influential family and holding no real claim to the throne. As a matter of fact, Grosvenor was raised in a beautiful family. The Duke and his family, who have a substantial worldwide property portfolio, have a net worth of 10.054bn - down 241m on 2020. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The question of who is the Richest Person in England can be surprisingly complicated. There were strikes everywhere, inflation was running at up to 26 per cent and the estate was leaking money like a sieve, as the duke put it. 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. 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. Hugh Richard Louis Grosvenor, 7th Duke of Westminster (born 29 January 1991), styled as Earl Grosvenor until August 2016, is a British aristocrat, billionaire, businessman, and owner of Grosvenor Group. Photo by Michael Bowles/ZUMA Press/Newscom, About Gerald Cavendish Grosvenor & family. people. our complete methodology , Design & development: 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. [12] This wealth is held in a trust, of which the 7th Duke of Westminster, as he became, is a beneficial owner but not the legal owneran arrangement that received considerable press attention, owing to the inheritance tax exemption it confers. Website: Biographyscoop.com The company admitted the first partner who was not a family member in 1912, and Henry Goldman resigned in 1917. an area adjacent to Buckingham Palace and one of London's most expensive neighbourhoods. As of 2023, Hugh Grosvenor net worth is $14 billion making him one of the richest British people and the world at large. Hugh Richard Louis Grosvenor is also a descendant of the Hetman of Zaporizhian Host Petro Doroshenko through Natalia Nikolayevna Goncharova. ; Married to Zagryazhskaya) and the grandfather of Ivan Alexandrovich Zagryazhsky (17491807), from whom Natalya Ivanovna Zagryazhskaya was born (married to Goncharova).

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