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Net Worth: Undisclosed. Grosvenor is also Chancellor of the University of Chester. The family has become obscenely rich off the back of Brunei's vast reserves of oil. Facebook: thebiographyscoop Net Worth. [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). [13][14][15][16], Little is publicly known about the duke's personal life. Since then his family has expanded its fortune by purchasing huge swaths of land across the globe. According to Hugi Clarke, a director of the Foresight Group, an estate-planning firm, this means that the duke and his family receive the benefits but have no absolute right to the assets. . Luther Grosvenor's income source is mostly from being a successful Actor. 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. As a matter of fact, Grosvenor was raised in a beautiful family. Belgrave Drive, the private road leading to the house, was lined with torches, and steak and chips was laid on for 800 guests in a giant marquee. This web page shows only a small excerpt of our Grosvenor research. Bendor Gerard Robert Grosvenor has a net worth of $5.00 million (Estimated) which he earned from his occupation as Historian. In 1677 his ancestors first purchased 500 acres of "swamp, pasture, and orchards" in Gerald Cavendish Grosvenor, the 6th Duke of Westminster and Britain's wealthiest landowner, died at age 64 on August 9, 2016. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Free updates within one year are included in the purchase price, a preview file is available. Hugh Grosvenor is a British aristocrat and heir with an estimated net worth of $12.4 billion as of April 2019. He is 31 years old as of 29 January 2022. So the state receives an assured sum on a regular 10-year basis. Jeremy Newsum, who recently retired as executive trustee, says the Grosvenors do not exploit loopholes and that the tax situation had been misrepresented. It has the familys Eaton Estate in Cheshire and the Abbeystead Estate in Lancashire. In 1677 his ancestors first purchased 500 acres of "swamp, pasture, and orchards" in England, according to Grosvenor Group, the family's company. His father, the former Duke, died aged 64 in 2016, bequeathing the Grosvenor title and the family property empire to younger Hugh (primogeniture giving him precedence over his two older sisters). Hugh Grosvenor, 7th Duke of Westminster Net Worth. Submit a correction suggestion and help us fix it! Hugh Grosvenor, n le 29 janvier 1991 Londres, est un noble britannique, duc de Westminster depuis le 9 aot 2016. 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. Above the "nil-rate band" - what every individual can leave free of death duties - the value of an estate is taxed at 40pc. He did well academically, was made a prefect and head of house, and became a star batsman for the schools cricket team. The duchess and 6th duke with Ladies Edwina and Tamara at Eaton Hall, (pre-makeover), 1984. Benjamin Grosvenor's mother's name is unknown at this time and his father's name is under review. The Duchess and 6th Duke of Westminster with their daughters Lady Edwina and Lady Tamara, 1984. Majority of Benjamin's money comes from being a pianist. At present, the business holds property on five continents and reports more than $15 billion in assets under management. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. He added: The trusts were set up to provide continuity rather than to avoid tax. Dowager Marchioness of Westminster (later inherited by Lord Stalbridge): 6,794 acres in . 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. HIs staggering net worth places him far above Queen Elizabeth II, who is said to be worth at least. He became Duke of Westminster on 9 August 2016, on the death of his father Gerald, 6th Duke of Westminster. Edward Norton. 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. He once said of his son and heir: He was born with the longest silver spoon anyone could have, but he cant go through life sucking it., Hughie was sent to a state primary school in Eccleston, near Chester, and then boarded at Ellesmere College in Shropshire, a 31,000-a-year public school noted for its relaxed atmosphere. Hugh Grosvenor is a British aristocrat and heir, and as of Jan 2023, his estimated net worth was $10.6 billion. Why Hugh Grosvenor's net worth is so huge, as he donates 12.5m to NHS charities . The couple dated for years after meeting at school. Customers who bought this product were also interested in. Hugh Grosvenor House 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. people. 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. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Through Grosvenor Food & Agtech, the family also owns stakes in Realty Insurances, a dairy farm and the UK's largest bull stud operation. And it's an exclusive title, as there are currently only 24 dukes (not including royal ones). He pitched in, working closely as chairman with the executive trustee, a savvy property man called Jimmy James. 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. Hugh Richard Louis Grosvenor is also descended from Zaporizhian Hetman Petro Doroshenko via Natalia Nikolayevna Goncharova. Gerald Cavendish Grosvenor, the 6th Duke of. Benjamin Grosvenor Net Worth His net worth has been growing significantly in 2021-2022. 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. Hugh Richard Louis Grosvenor is also a descendant of the Hetman of Zaporizhian Host Petro Doroshenko through Natalia Nikolayevna Goncharova. Twitter: @BiographyScoop He is seen as one of the most successful Historian of all times. She is the great-great-granddaughter of the famous Ukrainian Hetman.[5]. Dennis Grosvenor body measurments, height, weight and age details. Benjamin primary income source is Pianist. So, how much is Benjamin Grosvenor worth at the age of 30 years old? He inherited the family assets when his father, Gerald Cavendish Grosvenor, passed away in 2016. Kim Jae-chul, Kim Nam-jung, Kim Nam-goo, etc. He installed video-conferencing facilities at Eaton Hall to allow essential meetings with executives, and, by his own account, recovered. Hugh Grosvenor, 7th Duke of Westminster, wears his wealth well. He inherited his title, the family estate and an 8.3 billion fortune following the death of his father . We, Yahoo, are part of the Yahoo family of brands. The exact content of the collection is difficult to verify and its value isn't included because of the lack of available information about it. Also known as Gerald Cavendish Grosvenor. He went to court and forced Westminster to stick to the original agreement. The Prince of Wales, a close friend of the family, called it, rather sniffily, the inn on the park. 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 inherited land his family has owned since 1677. But despite all this property, all this money, all this power, Hughie has almost no control over the company that bears his name. [8] The youngest sister is Lady Viola Georgina Grosvenor. He was born in 1977 and blows his birthday candle on the 27th of November. The 6th duke (then Gerald Grosvenor), 1958. From 2000 to 2009, he attended Ellesmere College in Shropshire. The dress code for the party was black tie and neon, and comedian Michael McIntyre was reportedly paid 40,000 to crack the jokes. She also has an extensive collection of valuable assets, such as art, jewellery, and cars. About Hugh Richard Louis Grosvenor, 7th Duke of Westminster. In 1979, aged 27, he succeeded to the dukedom in the wake of a decade-long property crisis. Family. 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. The 6th Duke of Westminster thought he would grow up farming beef in Northern Ireland. But technically, Usmanov is still a Russian citizen. Upon his fathers death in August 2016, he inherited a fortune estimated at 9 billion, with significant trust funds for his sisters. Website: Biographyscoop.com The New Duke Of Westminster Is The Richest Person In The World Under 30, The 29-Year-Old Duke Of Westminster Is Richer Than Queen Elizabeth. As a duke, he ranks highly in the order of precedence in England and Wales. 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. These are some of the richest and most powerful families in the whole of Africa", "Mr Netanyahu's position is secure for now", "Forbes: Eyal Ofer remains wealthiest Israeli", "Who are the richest people and families in Ireland? 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. [4] According to Bloomberg, the world's 25 richest families control $1.4 trillion (1,400,000,000,000) of wealth.[5]. You cant talk to anybody, he recalled. Harvard labor economist Claudia Goldin summarises the distance we've travelled over the past hundred years, in a kind of Five Ages of Women. And like most British wealth, Grosvenor earned his title the old fashioned way He inherited it from a 400 year old trust set up by a bunch of very distant & very rich relatives. Gerald Cavendish Grosvenor & family is a Real Estate, zodiac sign: Capricorn.Nationality: United Kingdom.Approx. We will update soon. Grosvenor, the seventh Duke of Westminster, controls Grosvenor Group, a British real estate company. Stay up to date with what you want to know. The couple has four children three daughters and a son, who is the Duke's heir apparent.