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Hugh Grosvenor, 7th Duke of Westminster

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The Duke of Westminster

Bt DL
7th Duke of Westminster.jpg
Grosvenor in 2018
Full name
Hugh Richard Louis Grosvenor
Born (1991-01-29) 29 January 1991 (age 33)
London, England
Education
Occupations
  • Landowner
  • Businessman
  • Philanthropist
Parents
Relatives

Hugh Richard Louis Grosvenor, 7th Duke of Westminster, Bt , DL (born 29 January 1991), is a British aristocrat and billionaire businessman. He inherited his title and control of the Grosvenor Estate, then worth an estimated £9 billion, from his father in 2016. [1] As such, Grosvenor is one of the wealthiest men in Britain. In 2023, Bloomberg estimated that he had a net worth of approximately £9.42 billion. [2] He ranked 15th on the Sunday Times Rich List 2024 with an estimated fortune of £10.127 billion. [3]

Contents

Early life and education

Hugh Richard Louis Grosvenor was born on 29 January 1991 in London as the third child and only son of Gerald Grosvenor, 6th Duke of Westminster, and his wife Natalia (née Phillips). His baptism on 23 June 1991 was attended by Charles, Prince of Wales (later King Charles III), who was named one of his godparents. He was styled as Earl Grosvenor from his birth until 2016, when his father died and he became the seventh Duke.

Through his mother, Grosvenor descends from the Russian Imperial House of Romanov, specifically from Nicholas I of Russia, and also from the Russian writer Alexander Pushkin and his wife Natalia Nikolayevna Goncharova. [4]

He was raised at Eaton Hall in Cheshire, the Grosvenor family seat with his three sisters: Lady Tamara, Lady Edwina, and Lady Viola. They attended a local public primary school. Afterwards, he attended the small, private Mostyn House School, followed by Ellesmere College in Shropshire. [5] He later studied at Newcastle University, graduating with a Bachelor of Science degree in Countryside Management. [6]

Career

After graduating, Grosvenor worked in estate management at Wheatsheaf Group, a food and agriculture investment business based in the Eaton estate and owned by the Grosvenor Group. He then became an account manager at Bio-bean, a sustainability company that turns coffee waste into bioproducts, such as logs and biofuel. [6]

Upon his father's death in August 2016, he inherited the titles and share in the fortune then estimated at £9 billion, with considerable trust funds for his sisters. [7] This wealth is held in a trust of which the 7th Duke is a beneficial owner and chair of trustees but not the legal owner — an arrangement that received considerable media attention, owing to the inheritance tax exemption it confers. [8] [9] [10] [11] The 7th Duke is Chair of Grosvenor Group, a real estate development and investment company with a portfolio of urban and rural properties in Europe, Asia and North America, and investments in food and agricultural technology companies. [6] His land holdings include the 39,000 hectare Reay Forest Estate in Sutherland, Scotland. [12]

The 7th Duke was one of the peers carrying the Royal Standards at the 2023 coronation. [13] He was appointed a deputy lieutenant of Cheshire on 9 June 2023. [14]

Philanthropy

Grosvenor is the chair of trustees of the Westminster Foundation, a charitable organization that focuses on helping vulnerable youth and their families by supporting local communities and educational e-spaces, and fighting inequality of opportunities. [15]

He also continues to support the DNRC or the Defence and National Rehabilitation Centre , an organization established by his father that helps wounded British military veterans. [16]

In 2020, during the COVID-19 pandemic, Grosvenor donated £12.5 million to the national COVID relief effort and to support the NHS, [17] and £1 million to the University of Oxford to fund research projects on mental health and psychology. [17]

Personal life

Grosvenor is a close friend of Prince William and Prince Harry. He is godfather of Prince George of Wales and Prince Archie of Sussex.

In April 2023, Grosvenor's engagement to Olivia Grace Henson (born 1992) was announced. [18] Henson attended Marlborough College alongside Princess Eugenie [19] and is the daughter of Rupert Cornelius Brooke Henson (born 1962) and Caroline Belinda Frisby (born 1963) whose great-grandmother was Lady Geraldine Mariana Hervey (died 1955), a great-granddaughter of the 5th Duke of Rutland. [20] [21] Henson is a graduate (Hispanic Studies and Italian) of Trinity College, Dublin. [22] The couple are set to be married on 7 June 2024 at Chester Cathedral. [23]

Honours

Ribbon Bar of His Grace the Duke of Westminster
Baronet's Badge ribbon.png UK King Charles III Coronation Medal BAR.svg
CountryDateAppointmentRibbonPost-nominal lettersNotes
Flag of the United Kingdom (1-2).svg United Kingdom 9 August 2016 Baronet Baronet's Badge ribbon.png BtInherited upon the Death of his Father
Flag of the United Kingdom (1-2).svg United Kingdom 6 May 2023 King Charles III Coronation Medal UK King Charles III Coronation Medal BAR.svg

Arms

Coat of arms of Hugh Grosvenor, 7th Duke of Westminster
Coat of Arms of the Duke of Westminster without Order of Garter.svg
Notes
The dukedom of Westminster was created by Queen Victoria in 1874.
Crest
A Talbot statant Or
Escutcheon
Quarterly: 1st and 4th, Azure a Portcullis with chains pendant Or on a Chief of the last between two united Roses of York and Lancaster a Pale charged with the Arms of King Edward the Confessor (City of Westminster); 2 and 3rd, Azure a Garb Or (Grosvenor)
Supporters
On either side a Talbot reguardant Or collared Azure
Motto
Virtus Non Stemma (Virtue not ancestry)

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References

  1. Davies, Caroline (10 August 2016). "New Duke of Westminster inherits £9bn fortune aged 25". The Guardian. Retrieved 13 April 2023.
  2. "Bloomberg Billionaires Index - Hugh Grosvenor". Bloomberg.com. Retrieved 13 April 2023.
  3. Watts, Robert (19 May 2024). "The Duke of Westminster and the Grosvenor family net worth — Sunday Times Rich List 2024". The Times . ISSN   0140-0460 . Retrieved 19 May 2024.
  4. "Descendant Of Pushkin And The Romanovs Becomes World's Youngest Billionaire". rbth.com. 12 August 2016. Archived from the original on 9 April 2019. Retrieved 23 April 2020.
  5. "Ellesmerian Magazine 2009" (PDF). ellesmere.com. Retrieved 14 April 2023.
  6. 1 2 3 "Duke of Westminster". www.grosvenor.com. Retrieved 14 April 2023.
  7. Howes, Scarlet (10 August 2016). "New Duke becomes a billionaire at 25". The Times. Archived from the original on 6 November 2021. Retrieved 10 August 2016.(subscription required)
  8. Garside, Juliette (11 August 2016). "Inheritance tax: why the new Duke of Westminster will not pay billions". The Guardian . ISSN   0261-3077. Archived from the original on 12 May 2017. Retrieved 14 May 2017.
  9. "How the Duke of Westminster dodged IHT – MoneyWeek". MoneyWeek. 21 August 2016. Archived from the original on 19 June 2017. Retrieved 14 May 2017.
  10. "Inheritance tax, and how the Dukes of Westminster avoid it on their £9bn fortune". The Telegraph. Archived from the original on 6 November 2021. Retrieved 14 May 2017.
  11. "Duke's £9bn inheritance prompts call for tax overhaul". The Guardian. 11 August 2016. Archived from the original on 12 August 2016. Retrieved 11 August 2016.
  12. Strang, Dougie (2023), The Bone Cave: A Journey Through Myth and Memory, Birlinn Limited, Edinburgh, p.84, ISBN   9781780278353
  13. "Coronation order of service in full". BBC News. 5 May 2023. Retrieved 6 May 2023.
  14. "No. 64076". The London Gazette . 12 June 2023. p. 11506.
  15. "Westminster Foundation". westminsterfoundation.org.uk. Retrieved 14 April 2023.
  16. @grosvenor (18 May 2018). "In this short film, Hugh, #DukeofWestminster presents the Defence and National Rehabilitation Centre, an initiative of his late father, the 6th Duke of Westminster, which will become one of the world's best clinical rehabilitation centres for people with trauma injuries" (Tweet) via Twitter.
  17. 1 2 Neate, Rupert; correspondent, Rupert Neate Wealth (15 April 2020). "Duke of Westminster donates £12.5m to NHS coronavirus fight". The Guardian. Retrieved 14 April 2023.
  18. Bannerman, Lucy (23 April 2023). "Duke of Westminster: Prince George's godfather announces his engagement". The Times. Retrieved 30 September 2023.
  19. Bridger-Linning, Stephanie (29 June 2023). "The Duke of Westminster, Prince George's billionaire godfather, reveals his wedding date and location". Tatler. Retrieved 30 September 2023.
  20. Wills, Kate (13 May 2024). "The woman who won the heart of the most eligible bachelor in England". UK Daily Telegraph. Retrieved 17 May 2024. She is of aristocratic stock, descended from the Hoare banking family, the Marquesses of Bristol and the Dukes of Rutland...
  21. Burke, B. (1965). Burke's Genealogical and Heraldic History of the Landed Gentry. Burke's Peerage. p. 390. ISBN   978-0-85011-006-7 . Retrieved 4 November 2023. Lady Geraldine Mariana Hervey ( d . 3 June , 1955 ) , Lady Geraldine Hervey is the 2nd dau . of Lord Augustus Henry Charles Hervey [himself the grandson of the 5th Duke of Rutland], and she is the sister of the 4th Marquess of Bristol ( see BURKE's Peerage ) , and d . 29 July , 1956 , leaving issue: 1. HENRY PEREGRINE RENNIE HOARE, * 1900, 2. Angela Beryl Hoare, * 1903, Md.1) 1928, Lt.Col. Lionel Claud Frisby, D.S.O., M.C. of Basingstoke, Hampshire, * 1889, + 1936, s. of Henry Frisby. D1. Peter Henry Frisby, * 1929. D2. Simon Rollo Frisby, * 1933, Md. 1959, Sara Belinda Fox, d. of Capt. William Herbert Fox of Newbury, Berkshire. E1. Richard Lionel William Frisby, * 1961, Md. 1988, Anne-Louise Landless. F1. Henry Richard Myles Frisby, * 2000. F2. Serena Camilla Frisby, * 1994. F3. Iona Sophie Frisby, * 1997. E2. Angela Clare Frisby, * 1963, Md. 1988, Charles Iain Robert Wolridge Gordon, * 1961. F1. Henry Conolly Robert Wolridge Gordon, * 1990. F2. Charles Rollo Wolridge Gordon, * 1994. F3. Flora Louisa Wolridge Gordon, * 1991. E3. Caroline Belinda Frisby, * 1963, Md. 1989, Rupert Cornelius Brooke Henson. F1. Jasper Cornelius Richard Henson, * 1974. F2. Olivia Grace Henson, * 1992. F3. Emelia Rose Henson, * 1997....
  22. Wills, Kate (13 May 2024). "The woman who won the heart of the most eligible bachelor in England". UK Daily Telegraph. Retrieved 17 May 2024. She is of aristocratic stock, descended from the Hoare banking family, the Marquesses of Bristol and the Dukes of Rutland...Henson speaks Spanish and Italian, having studied Hispanic Studies and Italian at Trinity College, Dublin (she got a 2:1) and before Marlborough she attended the prestigious Dragon School, Oxford,
  23. Dougherty, Matthew (27 June 2023). "Duke of Westminster to be married at Chester Cathedral". The Standard. Retrieved 30 September 2023.
Peerage of the United Kingdom
Preceded by Duke of Westminster
2016–present
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Orders of precedence in the United Kingdom
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The Duke of Westminster
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