From 2000 to 2009, he attended Ellesmere College in Shropshire. With a net wealth of 10.054bn, according to the Sunday Times, he and his family rank as the 12th richest in the UK. In fact, it wasn't until he was a teenager that it began to dawn on him that he was the heir to this incredible fortune. Named godfather to Prince George, son of Prince William and wife Kate. Hugh Grosvenor was educated at a local primary school and a small private day school, Mostyn House School, near Eaton Hall, Cheshire. There is no question Lady Edwina Grosvenor is the most famous & most loved celebrity of all the time. Benjamin Grosvenor Wiki, Biography, Net Worth, Age, Family, Facts and More He is seen as one of the most successful Historian of all times. In addition, the trusts pay tax every 10 years based on the value of the assets in lieu of inheritance tax. - Net Worth He has an estimated net worth of $11.6B. This web page shows only a small excerpt of our Grosvenor research. 3,621 acres in Flintshire; 744 acres in Denbighshire; worth a total of 38,994, excluding the London property. According to the Register the company provides Drax with accommodation worth 47,500 per year (that will be the family trust-owned mansion and park) in return for 10 hours' work a week. 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. 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. The duke and Harriet split as an item more than a year ago but got back together after the death of his father. At present, the business holds property on five continents and reports more than $15 billion in assets under management. [13][14][15][16], Little is publicly known about the duke's personal life. His son, Hugh, a godfather to Prince George, will assume the dukedom. Gerald Cavendish Grosvenor & family was born on December 22, 1951 in United Kingdom (64 years old). 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. Hugh Grosvenor oversees his family's property empire MARK CUTHBERT/GETTY IMAGES Net worth: 9.726bn 328m on 2021Source of wealth: PropertyRank on the Rich List: 13 1 on 2021 Charity is. Hugh Richard Louis Grosvenor is also a descendant of the Hetman of Zaporizhian Host Petro Doroshenko through Natalia Nikolayevna Goncharova. In a rare excursion into private financial matters, the family has revealed to Tatler that the trusts pay the Treasury money in lieu of inheritance tax. 2023 Forbes Media LLC. And it's an exclusive title, as there are currently only 24 dukes (not including royal ones). 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. Hugh Grosvenor is born, the third child of Gerald Grosvenor. Real estate fund management arm started by Grosvenor Group. RICHEST IN REAL ESTATE Hugh Grosvenor, The 7th Duke of Westminster | Net Worth: $12.2B | Cheshire, England | Grosvenor Family Estate Owner He hated school and left with two O-levels. Luther Grosvenor Biography, Age, Height, Wife, Net Worth, Family Net Worth: Undisclosed. And yes, he's single. The list includes 110 single family offices, thereof 80 with e-mail address, 73 with executive names. In 1979, aged 27, he succeeded to the dukedom in the wake of a decade-long property crisis. Gerald Cavendish Grosvenor & family Net Worth Net Worth List The Duke of Westminster net worth Sunday Times Rich List 2022 The Richest Person In England: Gerald Cavendish Grosvenor Currently We don't have enough information about his family, relationships,childhood etc. $1 Million - $5 Million. And, yes, we've come a long way, baby! The London-based business owns 300 acres in the Belgravia and Mayfair neighborhoods, and. It has the familys Eaton Estate in Cheshire and the Abbeystead Estate in Lancashire. Apart from Hughie, the main beneficiaries are his mother, Natalia, 58, usually called Tally the duchess is a direct descendant of George II and remains the Duchess of Westminster until Hugh marries, when she will become dowager duchess and his three sisters: Tamara, 37, who is married to Edward van Cutsem, of the Norfolk landowning family; Edwina, 35; and Viola, 24. Hugh Grosvenor, 7th Duke of Westminster Net Worth. Edward Norton. Mayfairs development began in 1720, Belgravias in the 1820s. The Geographic's Founding Family - The Washington Post 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. The family firm, already one of the biggest players in international property, soared ever upwards. GCM Grosvenor Raises its 2020 Adjusted EBITDA and Adjusted Net Income Then he cut down drastically on his involvement with the Grosvenor business, something he clearly felt sensitive about: I dont expect people to understand the pressures of my life, he said. This makes him a thoroughly modern duke the theoretical head of a vast family concern, but also his own man. The Queen is undoubtedly rich but there are 15 other aristocrats whose wealth, estates, and assetsdwarf hers. 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. Grosvenor is survived by a wife and four children. While the queen has an estimated personal wealth of US$470 million, the family itself has. Gerald Cavendish Grosvenor & family is a Real Estate, zodiac sign: Capricorn.Nationality: United Kingdom.Approx. Above the "nil-rate band" - what every individual can leave free of death duties - the value of an estate is taxed at 40pc. There is a shopping centre in Stockholm, a residential tower in Tokyo, a large chunk of Silicon Valley and all of Annacis Island, near Vancouver. Bloomberg Billionaires Index - Hugh Grosvenor as well as other partner offers and accept our. But after he stood down, it seemed to want to turn itself into a major property company. Hugh Richard Louis Grosvenor is the third child and only son of Gerald Grosvenor, 6th Duke of Westminster, and his wife Natalia (ne Phillips). She is the famous Ukrainian Hetmans great-great-granddaughter. - Rostov-on-Don: Phoenix, 2010 .-- 320 p. - (Pushkin's muses). This article discusses the choice of entity in the film industry. 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 He's the MP with the Downton Abbey lifestyle. But the shadow of slavery [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). His father was also philanthropic. The baby-faced duke inherited the extraordinary fortune when his father Gerald Cavendish Grosvenor passed away in 2016. According to a Grosvenor Estate insider, Hughie is a frequent visitor to the Tomlinson home, where theres a motorboat on a river mooring. 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. Inheritance tax, and how the Dukes of Westminster avoid it on their Hugh Grosvenor seems to have decided to chisel out his own niche, having perhaps learnt the lesson of his fathers breakdown. Luther Grosvenor's income source is mostly from being a successful Actor. The duke and his family share an (undisclosed) slice of the spoils. Dowager Marchioness of Westminster (later inherited by Lord Stalbridge): 6,794 acres in . 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. Benjamin Grosvenor's mother's name is unknown at this time and his father's name is under review. Gerald Cavendish Grosvenor & family was born on December 22, 1951 in United Kingdom. The Duke of Westminster married Natalia Ayesha Phillips, the daughter of Lt Col. Harold Pedro Joseph Phillips and his wife Georgina Wernher, in 1978. We have estimated Lady Edwina Grosvenor's net worth, money, salary, income, and assets. In 1999, the chainsmoking, tireless duke (he was always up before 5.30am) suffered a mental breakdown. 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. 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. NOW WATCH: Inside London during COVID-19 lockdown, Visit Business Insider's homepage for more stories. [8] The youngest sister is Lady Viola Georgina Grosvenor. [19], Alexander Petrovich Doroshenko (son of Petro Doroshenko) was the father of Ekaterina Alexandrovna (1720? As a duke, he is high on the line of succession in England and Wales. His family also has 13,000 acres of farmland near his Eaton Hall family seat in Cheshire, 96,000 . She also has an extensive collection of valuable assets, such as art, jewellery, and cars. 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 . 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. He was born in 1977 and blows his birthday candle on the 27th of November. . Grosvenor family, Dukes of Westminster | The National Archives She's the wealthiest member of the Royal Familybut she's still not as wealthy as Hughie. Le titre de duc de Westminster a t cr en 1874 par la reine Victoria dans la pairie du Royaume-Uni en faveur de Hugh Grosvenor, 3 e marquis de Westminster. 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. Benjamin Grosvenor Net Worth. He joined the estates graduate programme and worked in the businesss key areas, but seems to have decided against making a career there. From 2010 to 2013, he studied countryside management at Newcastle University, graduating with a Bachelor of Science degree with upper second-class honours. Grosvenor Group opens office in Shanghai, its first in mainland China. America's Richest Families List - Forbes Source: Cherkashina, L. Natalia Goncharova: a happy marriage. We will update soon. Her fortune is valued at 360 million ($466.2 million). He was born and raised in Britain. What makes Hugh Grosvenor 'the most eligible bachelor in the world The properties, which are held through various trusts, include about 200 acres of land in London's Belgravia neighborhood. Luther Grosvenor Net Worth. Property correspondent Mira Bar-Hillel says: The duke had the most amazingblue eyes and he seemed to radiate kindness. His real name is Hugh Richard Louis Grosvenor. We will continue to update information on Benjamin Grosvenor's parents. In 1990, for example, Westminster Council wanted to gentrify 532 flats in Pimlico, leased from the estate in 1937. Stay up to date with what you want to know. He succeeded his father, Gerald, 6th Duke of Westminster, as Duke of Westminster on August 9, 2016. By clicking Sign up, you agree to receive marketing emails from Insider Photo by Michael Bowles/ZUMA Press/Newscom, About Gerald Cavendish Grosvenor & family. In recent years, hundreds of jet setting millionaires and billionaires have flocked to the UK to escape fluctuating governments and escalating overseas tax rates. He and his sisters were raised in a very remote part of Northern Ireland where they lived a simple, rural life unaffected by wealth and aristocracy. Hugh Grosvenor, 7th Duke of Westminster, wears his wealth well. Lady Edwina Grosvenor - Net Worth, Bio, Age, Height, Family, Wiki! Net Worth 2019 is. Hugh and his girlfriend Harriet Tomlinson. Little is known about the Duke of Cambridges personal life. 85.214.200.228 So, how much is Benjamin Grosvenor worth at the age of 30 years old? The dress code for the party was black tie and neon, and comedian Michael McIntyre was reportedly paid 40,000 to crack the jokes. He pitched in, working closely as chairman with the executive trustee, a savvy property man called Jimmy James. the Duke and his family were placed 12th on the Sunday Times Rich List with an estimated net worth of 10 billion. The Duke and his family, who have a substantial worldwide property portfolio, have a net worth of 10.054bn - down 241m on 2020. She also has an extensive collection of valuable assets, such as art, jewellery, and cars. 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. [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. 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". Hugh Grosvenor, 7th Duke of Westminster - Wikipedia Bendor Grosvenor Wiki, Biography, Age, Wife, Family, Net Worth Benjamin Grosvenor Net Worth His net worth has been growing significantly in 2021-2022. 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. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. They are led by executive trustee Mark Preston, who is also day-to-day boss of the empire, and they would be very unlikely to agree to anything that could jeopardise the Grosvenors financial wellbeing. England's true money king has an appropriately snooty title: The 6th Duke of Westminster. Of course England's richest person has a title, it's just so delightfully, fussily, snottily British. 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 Bendor Grosvenor | Art UK 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. So, how much is Luther Grosvenor networth at the age of 74 years old? 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. Submit a correction suggestion and help us fix it! At university, as at school, few knew his true background. And when families on his estates were hit with bills from the Thatcher governments poll tax, Gerald Grosvenor paid them. 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. As of 2023, Hugh Grosvenor net worth is $14 billion making him one of the richest British people and the world at large. Now they are closer than ever, it seems, having taken a romantic holiday earlier this year in California, where they stayed at a luxury resort. He installed video-conferencing facilities at Eaton Hall to allow essential meetings with executives, and, by his own account, recovered. Technically speaking, he is worth $13.5 billion more than the Queen herself! : Meet the Quebec billionaire family thriving on North America's love affair with pizza and mozzarella", "Mediobanca - Archivio Storico Vincenzo Maranghi", "C.& C. 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Family; Parents: Not Available: Husband: Dan Snow (m. 2010) Sibling: Not Available: Children: Wolf Robert Snow, Zia Snow, Orla Snow: . Hugh Grosvenor Net Worth 2023 Houses And Business | Glusea.com Dennis Grosvenor Net Worth - Biography Net Worth the Duke and his family are 12th on the Sunday Times Rich List. He was the world's richest person aged under 30. 10 Strange Stories About The Fascinating Guinness Family Hughie, as he is known, spends a lot of his time behind a desk in the accounts department of a small London recycling company, plays a good game of cricket and still lives primarily at the family estate in Cheshire. The majority of the Duke of Westminster's wealth is derived from his family's UK real estate holdings. He has declined, so far, to take up the role of chairman of the trustees, a post traditionally held by the head of the family. One of its commercial leaseholders tells Tatler: When the late duke had an active role, the Grosvenor Estate was more of a patrician landlord. You cant talk to anybody, he recalled. 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. Biographie. Net Worth in 2022. Still, it's pretty fancy. The Grosvenor family's influence in England dates back to the 17th century when Richard Grosvenor became Baronet of Eaton in 1622. Understandably, the Duke is a very private person who is said to have few friends. Lady Edwina Grosvenor - Net Worth February 2023, Salary, Age, Siblings 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]). as well as other partner offers and accept our. He liberated airlines and trucking and enabled the 1980s-1990s boom. Who is the Duke of Westminster? Hugh Grosvenor's net worth as he He split with his longtime girlfriendHarriet Tomlinson last year. Various lists of the richest families in the world (excluding royal families or autocratic ruling dynasties) are published internationally, by Forbes[1][2] as well as other business magazines. 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. Grosvenor was born into a wealthy family with an extensive history in the business of property development. Twitter: @BiographyScoop The average Canadian household net worth is surprisingly huge at roughly $680,000 in 2021, up from $400,151 in 2012 according to Statistics Canada. Bendor Grosvenor Wife Age, Family and Net Worth: Who Is He Married To? Ideal for special occasions such as weddings and parties. Top 15 Richest Families in the World 2023 | Wealthy Persons Luther's income mostly comes . Grosvenor saw his fortune increase $400 million this past year alone thanks to the skyrocketing value of real estate in Belgravia, London's most expensive neighborhood. She is the great-great-granddaughter of the famous Ukrainian Hetman.[5]. Alisher Usmanov / Oli Scarff/Getty Images. Lady Edwina Grosvenor net worth, birthday, age, height, weight, wiki, fact 2021-22! . We have estimated Benjamin Grosvenor's net worth , money, salary, income, and assets. Currently there are seven trustees, including the duke. Grosvenor's personal net worth of $14 billion makes him by far and away the richest British person. Grosvenor has three sisters, Tamara, Edwina and Viola. Grosvenor History, Family Crest & Coats of Arms - HouseOfNames Celebrates 21st birthday with Prince Harry and 800 guests at Easton Hall. More recently, the duchess oversaw a complete makeover that gave Eaton Hall the look of a French chateau set among formal gardens. Dr Bendor Grosvenor is an art historian specialising in Old Masters and British pictures, especially portraits. The 6th duke (then Gerald Grosvenor), 1958. 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. Never. Fernando Roig, Turki Al-Sheikh and Peter Lims teams are varying in success, and each has targets still to meet. Kim Jae-chul, Kim Nam-jung, Kim Nam-goo, etc. Lady Tamara Katherine Grosvenor (married Edward van Cutsem, son of Hugh van Cutsem) and Lady Edwina Louise Grosvenor are his elder sisters (married TV historian Dan Snow). Stakes in publicly traded companies are valued using the share's most recent closing price. The Grosvenor family has been buying art for centuries. Fortune hunters were urged by tabloids to beat a path to his door. The Prince of Wales, a close friend of the family, called it, rather sniffily, the inn on the park. His family also has 96,000 acres in Scotland, 32,000 acres in Spain and thousands elsewhere in England. 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. But despite all this property, all this money, all this power, Hughie has almost no control over the company that bears his name. The latter is a philanthropist and prison reformer who co-founded The Clink Restaurants. 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. He became Duke of Westminster on 9 August 2016, on the death of his father Gerald, 6th Duke of Westminster.