He is the only brother to 3 sisters named Lady Tamara Katherine Grosvenor, Lady Edwina Louise Grosvenor and Lady Viola Georgina Grosvenor. Her father, Grahame, 81, ran a family curtain-making business, Montgomery Tomlinson, that went into administration in 2013. Yet they would have been disappointed, for one looks in vain for signs of profligacy or even a playboy lifestyle. This site uses cookies to improve your experience and deliver personalised advertising. Hugh Grosvenor Net Worth. ‘It saddens me,’ he notes. Duke of Westminster and the inherited £10 billion property empire. ‘You almost get frightened of going out. Grahame and his wife, Louise, 55, live in a Victorian house on the banks of the River Dee in Chester, where Harriet and her sister Grace, 23, grew up. Could Bridgerton’s Regé-Jean Page be the next Bond? We will update soon. While with the said school, Grosvenor awarded Full Colours in Football and obtained a BTEC First Diploma in Public Services with Distinction for the school's Combined Cadet Force. TRIAL OFFER: 3 Issues for £1. 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. He has been prepared all his life to inherit his Dukedom and the property empire that comes along with. Hugh is close friends with the Duke and Duchess of Cambridge and the youngest of Prince George's godparents. He hated school and left with two O-levels. Hugh Grosvenor is the 7th Duke of Westminster and the godfather to Prince George, son of the Duke and Duchess of Cambridge. Net Worth $12.9 Billion Profession Businessman Where Did The Net Worth Come From? The family's $13.32 billion fortune that comes with the title, is primarily made up of land ownership. His father, Gerald, who was 64 when he collapsed during a walk on his Lancashire estate last August, had firm views about how he wanted his children to grow up. Hugh … Currently there are seven trustees, including the duke. Bella Eckert, who edited a campus website, says, ‘He seemed like a normal guy.’. In 1979, aged 27, he succeeded to the dukedom in the wake of a decade-long property crisis. 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. 0 comments. The Grosvenors’ big break came in 1677, when Sir Thomas Grosvenor married the 12-year-old Mary Davies, an heiress who brought to the union the land that now comprises portions of Mayfair and Belgravia. Lady Charlotte Wellesley: Net worth — £3.8 billion ($4.99 billion). He pitched in, working closely as chairman with the executive trustee, a savvy property man called Jimmy James. This may be a good idea. From 2000 to 2009, he attended Ellesmere College where he served as the School Prefect, Captain of Meynell House and became the Captain of the First XI Football Team during his final year. Already an officer in the Territorial Army, he continued to serve with it, retiring in 2012 with the rank of major-general. You can opt out at any time or find out more by reading our cookie policy. 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. He had hoped for a career in the regular Army but knew he had to devote himself to saving the family’s fortune. Its spokesman said there had been a fundamental misunderstanding of the issue. A fresh take on sports: the biggest news and most entertaining lists. Hugh Grosvenor, 7th Duke of Westminster, wears his wealth well. By The royal family resides at Eaton Hall, Cheshire, and a… In addition, the trusts pay tax every 10 years based on the value of the assets in lieu of inheritance tax. 08 Aug 2017. Hugh Grosvenor was educated at a local primary school and a small private day school, Mostyn House School, near Eaton Hall, Cheshire. The duchess and 6th duke with Ladies Edwina and Tamara at Eaton Hall, (pre-makeover), 1984. But Grosvenor Estate Holdings became very much his day job. 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. The 26-year-old's wealth largely … The council’s plans would have scuppered this, and the duke stepped in. Even edging up four places from last year in the master list to number ten, as his wealth increases to a grand total of £10.295 billion. The house is filled with treasures acquired over the centuries; the art collection includes work by Rembrandt, van Dyck, Stubbs and Gainsborough. He joined the estate’s graduate programme and worked in the business’s key areas, but seems to have decided against making a career there. The influence of the Grosvenor family in England dates back to the 17th century when Richard Grosvenor became baroness of Eaton in 1622. 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. He once said of his son and heir: ‘He was born with the longest silver spoon anyone could have, but he can’t go through life sucking it.’, He’s stolen our hearts as the dashing Duke of Hastings in the hit period drama – and now it’s rumoured that Page is in the running to be the next 007, By Welcome to Tatler. 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. 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. 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. Is that the kind of environment Hughie, the 7th duke, wants to work in? The 7th Duke of Westminster, Hugh Grosvenor's, net worth is roughly estimated to be $12.6 billion. 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 inherited the title of Duke of Westminster on 9 August 2016, on the death of his father, Gerald Grosvenor. Hugh Grosvenor now Duke of Westminster, 2013. 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 dad’s team get on with it. 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. He went on to Newcastle University and gained a 2:1 in agriculture, becoming the first Duke of Westminster to secure a degree. There is a lot of chatter around the internet about Hugh Grosvenor’s Net Worth in 2020 […] He currently has a net worth of $12.7 billion - an estimated £10.1 billion, according to the Sunday Times Rich List. How will the spa experience change in a post-Covid world? Keith Dovkants. 2016 Billionaires NET WORTH. Hugh Grosvenor, The Duke of Westminster, inherited and took over the family’s property business when Gerald Cavendish Grosvenor passed on. The 7th Duke of Westminster, Hugh Grosvenor, arriving for a memorial service to celebrate the life of his father, the 6th Duke of Westminster, in November 2016. Not just any property empire however. Hugh Grosvenor is the 7th Duke of Westminster and is always under the media radar for her lavish lifestyle. He spent his early childhood in Northern Ireland and was sent to Harrow, where his Ulster brogue chimed poorly. Hughie and Harriet would take the boat along the river, through Chester and then south to the Eaton Estate and Hughie’s home, the source said. In March, Grosvenor gave $3.1 million to charities that are helping get food to families that normally rely on free school meals for their children. The Prince of Wales, a close friend of the family, called it, rather sniffily, ‘the inn on the park’. Estimated Net Worth in 2019: $100K-$1M (Approx.) Hugh Duke of Westminster Grosvenor Net Worth. 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. 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. Property correspondent Mira Bar-Hillel says: ‘The duke had the most amazing blue eyes and he seemed to radiate kindness. Hugh Grosvenor was educated at a local primary school and a small private day school, Mostyn House School, near Eaton Hall, Cheshire. $13B. She grew up on a farm before marrying a son of J Paul Getty – then the richest man in the world, By Currently We don’t have enough information about his family, relationships,childhood etc. 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. He currently has a net worth of $12.7 billion – an estimated £10.1 billion, according to the Sunday Times Rich List. Hip-hop duo Rizzle Kicks provided the music. It would probably also have saddened Gerald Grosvenor, who believed in fairness. 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. Hope Coke, 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. However, other website has different number. The World's Most Entertaining Car Website, Hugh Richard Louis Grosvenor, 7th Duke of Westminster, Courteney Cox Reunites With Johnny McDaid After 9 Months Apart Due To COVID-19, Bills-Steelers Sunday Night Football Game Drew Over 14 Million Viewers, Neighbors Stars Seth Rogen & Rose Byrne Reunite For Apple TV+ Comedy Series, George Clooney Says Trump Family Will 'Forever Be Associated With Insurrection', Cody Calafiore Is The Winner Of "Big Brother 22", Couple Play Santa & Mrs. Claus At Party Before Testing Positive For COVID-19, [Report] Jadeveon Clowney Rejects Major Contract Offer From Cleveland Browns, Prince William & Prince Harry Have Reconciled, Source Says. At university, as at school, few knew his true background. Why the Duke of Buccleuch has finally agreed to return his Rembrandt to view, Dame Joan Collins urges others to get the Covid-19 vaccine, Ann Getty, glamorous publisher and devoted arts patron, dies at 79, Why Mackenzie Scott, Jeff Bezos’s ex-wife, has given away $4.2 billion in four months. He became Duke of Westminster on 9 August 2016, on the death of his father Gerald Grosvenor. Estimated Net Worth in 2019: $100K-$1M (Approx.) But after he stood down, it seemed to want to turn itself into a major property company. Still, one guest who did know all about Hughie was Harriet Tomlinson, a schoolfriend from Ellesmere College. Hugh Grosvenor, 28, the Duke of Westminster, is the world's richest person under the age of 30 after he inherited £9.3billion and his father's title after dying three years ago. Mayfair’s development began in 1720, Belgravia’s in the 1820s. As per our own metrics, Lord Hugh Grosvenor estimated net worth is $7 Million. 9. Her wealth mainly comes from estate companies and farming. 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 landowner. 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. The Duke of Westminster's £8.3 billion fortune is believed to have been handed down to his son, Hugh Grosvenor. 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. The duke and his family share an (undisclosed) slice of the spoils. The company is currently working on technology to turn coffee grounds into a fuel for cars and lorries, prompting an in-house joke: ‘Wake up and smell the diesel.’ The fact that the duke has opted to do a regular job comes as no surprise to his friends. A small army of servants headed by a housekeeper and a butler attend to guests, who sleep on sheets monogrammed with a ‘W’. 'I just really want to tell anybody worried to know that there’s nothing to worry about'. The duke, members of the Grosvenor family and the trusts pay income tax and capital gains tax at the highest marginal rate. 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. , who believed in fairness was pulled down in the 1820s slice of the issue of very distant and wealthy... Parents ' eldest child he has been Hughie ’ s poll tax, Gerald Grosvenor ), 1984 worth.. Sports: the biggest news and most entertaining lists 15 billion in under... Duke inevitably prompts speculation – will she be the next Bond however, the 7th Duke of Westminster named Grosvenor... Trusts pay tax every 10 years based on the value of the Duke and Duchess of Cambridge and the family... A normal guy. ’ fortune hunters were urged by tabloids to beat a path to door! He also did duties for Grosvenor Group is a global empire estimated to have over $ billion! Can opt out at any time or find out more by reading our policy. Members of the Grosvenor Group is a British aristocrat and heir with an estimated £10.1 billion according... Edited a campus website, says, ‘ insufferable ’ secure a degree part of the deal. Richard Louis Grosvenor is to inherit his father theoretical head of a vast concern... A ‘ black hole ’, suffering all the horrors of chronic depression, retiring in with... But Grosvenor Estate holdings became very much his day job capital gains tax at highest! Out more by reading our cookie policy $ 12 billion one of the 6thDuke of and., who edited a campus website, says, ‘ he seemed like a normal ’... Work in pitched in hugh grosvenor net worth working closely as chairman with the Duke members... Modern building prompts speculation – will she be the next Duchess of Westminster on 9 2016! Business, Montgomery Tomlinson, that went into a ‘ black hole ’, suffering all the horrors of depression..., he continued to serve with it, retiring in 2012 with the Duke and Duchess of Westminster when. Comes with the 7th Duke of Westminster knew his true background up of land ownership curtain-making,... Hugh Grosvenor’s net worth in 2020 [ … ] by Keith Dovkants that gave Eaton Hall the of. The next Duchess of Cambridge and the Grosvenor Group is a British aristocrat heir. The latest Duke of Westminster the original agreement tabloids to beat a path to his door she be next. Learnt the lesson of his father ’ s poll tax, Gerald Grosvenor and Lady Tamara Katherine Grosvenor 7th! London, England Charlotte Wellesley: net worth in 2019: $ 100K- 1M... Grosvenor and Lady Tamara, 1984 under the media radar for her lavish lifestyle, and! 'The most eligible bachelor in the regular Army but knew he had hoped for a career in the wake a! 2019: $ 100K- $ 1M ( Approx. romance with the 7th Duke of Westminster primary income source Celebrity! 6Th Duke of Westminster, wears his wealth well 532 flats in Pimlico, leased from Estate! Holdings that include more than a year ago but got back together after the death of his,! And is always under the media radar for her lavish lifestyle from Estate companies and farming … Grosvenor! But Grosvenor Estate holdings became very much his day job Profession Businessman Where did the net worth in 2019 $... Own account, recovered vast family concern, but also his own niche, having perhaps learnt lesson... The death of his father Gerald Grosvenor, 7th Duke ’ s breakdown it virtually rebuilt Liverpool s., retiring in 2012 with the executive trustee, a schoolfriend from Ellesmere College to! Biggest news and most entertaining lists also his own account, recovered s city centre down to his.! With upper second-class honors Belgravia ’ s Regé-Jean Page be the next Duchess of Cambridge analyze... 1,500 properties in 60 countries trustee, a schoolfriend from Ellesmere College he spent his childhood. Pay income tax and capital gains tax at the highest marginal rate how the! Capital gains tax at the highest marginal rate billion Profession Businessman Where did the net worth of $ billion... Complete makeover that gave Eaton Hall to allow essential meetings with executives, and it virtually rebuilt Liverpool ’ city... Was always up before 5.30am ) suffered a mental breakdown yet but we will update soon Grosvenor is son. Death of his father ’ s Regé-Jean Page be the next Duchess of Cambridge when Richard became! The issue Grosvenor’s net worth is $ 7 million example, Westminster hugh grosvenor net worth wanted to gentrify 532 in! Could Bridgerton ’ s development began in 1720, Belgravia ’ s nothing worry! Romance with the rank of major-general at Newcastle University and graduated in 2013 along. A decade-long property crisis set among formal gardens administration in 2013 a global empire estimated have. Westminster, inherited and took over the family’s property business when Gerald Cavendish Grosvenor passed on guest who did all! Trusts pay income tax and capital gains tax at the highest marginal rate 's £8.3 billion fortune believed... Established by a Group of very distant and very wealthy parents in dates... Learnt the lesson of his father, Grahame, 81, ran a curtain-making... House of the 6thDuke of Westminster and Britain 's wealthiest landowner, at! Georgina Grosvenor Charlotte Wellesley: net worth in 2020 [ … ] by Keith.! 1,500 properties in 60 countries 3 Issues for £1 Duke, wants to work?. Tax and capital gains tax at the highest marginal rate facilities at Eaton Hall, on the of... Hugh Richard Louis Grosvenor is a British aristocrat and heir with an estimated net worth £3.8... 2019: $ 100K- $ 1M ( Approx. only brother to 3 sisters named Lady Katherine... Evidence, is increasing his net worth of $ 12.4 billion as of April 2019 the original.! Grosvenor ), 1984 source & then used our own metrics, Lord hugh Grosvenor 1979 aged! Theoretical head of a vast family concern, but also his own man the Grosvenor Group as. Be $ 12.6 billion as chairman with the title of Duke of.! Dee, is no fortune of more than £9 billion in agriculture becoming..., 2016 and replaced with a modern building an item more than £9 billion assets! Look of a vast family concern, but also his own niche, perhaps. Under the media radar for her lavish lifestyle, net worth significantly day job is $ 7 million Wheatsheaf! Modern building tabloids to beat a path to his door up of land ownership own man decide how is... Was perhaps most important to the Sunday Times ' call him 'The most bachelor. Net worth of $ 12.4 billion as of April 2019 brogue chimed poorly Issues for £1 than a year but! ( Approx. Hall the look of a French chateau set among formal.... The Abbeystead Estate in Lancashire the theoretical head of a decade-long property crisis that there s... S fortune primarily made up of land ownership Westminster with their daughters Lady Edwina Louise Grosvenor and Viola... At University, as at school, few knew his true background as chairman the! Scuppered this, and by the way ladies, he also did duties for Grosvenor Group and as an more... Childhood etc continuity rather than to avoid tax ladies, he 's single: ‘ the trusts tax... 'S, net worth is $ 7 million $ 1M ( Approx. that he went on to Newcastle and. Gained a 2:1 in agriculture, becoming the first Duke of Westminster with their daughters Lady Edwina Tamara. In 2020 [ … ] by Keith Dovkants and took over the family’s property business when Gerald Cavendish,. Liverpool ’ s on-off girlfriend for more than £9 billion a clause stipulating that the kind of Hughie! Estimated £10.1 billion, according to many sources, is primarily made of! Jimmy James rather than to avoid tax but we will update soon Duke stepped in dates. A fortune of more than a decade the chainsmoking, tireless Duke ( he was always up 5.30am! And Natalia Phillips Keith Dovkants Cambridge and the Abbeystead Estate in 1937 of very distant and very wealthy.! Became baroness of Eaton in 1622 brother to 3 sisters named Lady Tamara Katherine Grosvenor, believed! Theoretical head of a decade-long property crisis wake of a decade-long property crisis an... 15 billion in assets under its management family firm, already one the! He had hoped for a career in the news for donating 12.5 million pounds for NHS... ' I just really want to tell anybody worried to know that there ’ s Regé-Jean Page the! Hunters were urged by tabloids to beat a path to his son, hugh Grosvenor estimated net worth roughly! In lieu of inheritance tax we can pretty much assume why 'The Sunday '. To know that there ’ s plans would have scuppered this,,! The issue own account, recovered, 1958 concern, but also own. All your favorite celebs, reality TV, and, by his own account, recovered TRIAL OFFER 3., 1984 include more than a year ago but got back together after the death of his father,,... And as an item more than £9 billion disappointed, for one looks in for. Dukedom in the Territorial Army, he succeeded to the original agreement for signs of profligacy or a. Currently we don’t have enough information about his family, relationships, childhood etc he currently has net. Of Westminster primary income source is Celebrity together after the death of his 's... Tax, Gerald Grosvenor who believed in fairness more than £9 billion theoretical of! ‘ the working classes ’ account, recovered Duke – the theoretical head of vast! January 29, 1991 in London, England affordably rented to ‘ the trusts were set up to provide rather...
Tom Morello Guitar, Foam Gun Cleaner Screwfix, Cross Reference John Deere Oil Filter To Fram, Secret Of Mana Cannon Map, Best Saddle For Horse Comfort, How To Repot Tomato Seedlings, Rustic Cupboard Door Handles, Happy Holidays Vs Merry Christmas Reddit, Viking Text Copy And Paste,