Hugh Grosvenor, 7th Duke of Westminster

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. He became Duke of Westminster on 9 August 2016, on the death of his father Gerald Grosvenor.

His Grace

The Duke of Westminster
Born
Hugh Richard Louis Grosvenor

(1991-01-29) 29 January 1991
Westminster, London, England
NationalityBritish
OccupationBusinessman
owner of Grosvenor Group
Known forBritish aristocrat
Property development
Landowning
Net worth US$12.7 billion [1]
Parent(s)Gerald Grosvenor, 6th Duke of Westminster
Natalia Phillips

The Duke and his family are estimated to be worth £10.1 billion (US$13 billion), according to the Sunday Times Rich List in May 2019.[2] He is the world's richest person aged under 30.[3]

Early life

Hugh Richard Louis Grosvenor is the third child and only son of Gerald Grosvenor, 6th Duke of Westminster, and his wife Natalia (née Phillips). Through his mother, he is descended from the Romanov imperial family of Russia and the Russian writer Alexander Pushkin, as well as from the latter's great-grandfather—African freed slave turned Russian nobleman Abram Petrovich Hannibal.[4] He was baptised into the Church of England on 23 June 1991. His sisters include Lady Edwina Grosvenor, a prison reformer and philanthropist.

Grosvenor and his sisters were educated at a local state primary school, followed by a small private day school, Mostyn House School, near the family home of Eaton Hall, Cheshire. He then attended Ellesmere College, Shropshire, from 2000 to 2009. At Ellesmere, Grosvenor served as a School Prefect, Captain of Meynell House and Captain of the First XI Football Team in his final year. He was awarded Full Colours in Football, and, as a member of the School's Combined Cadet Force, he obtained a BTEC First Diploma in Public Services with Distinction.[5][6][7]

From 2011 to 2013, he studied countryside management at Newcastle University, graduating with a Bachelor of Science degree with upper second-class honours.[7][8][9]

Career

After university, Grosvenor (at the time Earl Grosvenor) 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, a green energy company, in January 2016.[8][9]

Upon his father's death, in August 2016, as well as the peerages, he inherited a wealth then estimated at £9 billion, with considerable trust funds for his sisters.[10] This wealth is held in a trust, of which Grosvenor is a beneficial owner but not the legal owner—an arrangement that received considerable press attention, owing to the inheritance tax exemption it confers.[11][12][13][14]

Personal life

Little is publicly known about Grosvenor's personal life.[15] However, in October 2013, he was named a godfather to Prince George of Cambridge.[16]

Titles, styles and arms

Titles and styles

  • 29 January 1991 – 9 August 2016: Earl Grosvenor
  • 9 August 2016 – present: His Grace The Duke of Westminster

Arms

Coat of arms of Hugh Grosvenor, 7th Duke of Westminster
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)

References

  1. "Bloomberg Billionaires Index". Bloomberg. Retrieved 10 December 2019.
  2. "Rich List 2019: who is Hugh Grosvenor, the UK's youngest billionaire?". The Sunday Times. 12 May 2019. ISSN 0140-0460. Retrieved 12 July 2019.
  3. Dovkants, Keith. "Hugh Grosvenor: How the richest man in the world under 30 stays normal". Tatler. Retrieved 31 January 2018.
  4. "Descendant Of Pushkin And The Romanovs Becomes World's Youngest Billionaire". rbth.com. Retrieved 23 April 2020.
  5. Levin, Angela (1 October 2013). "Lady Edwina Grosvenor: 'I see my wealth as a gift that I should put to good use'". The Daily Telegraph.
  6. Bradberry, Grace (23 January 2004). "Who'll inherit London?". London Evening Standard. Retrieved 4 February 2016.
  7. "The Ellesmerian 2009" (PDF). The Ellesmerian. 2009. Retrieved 9 August 2016.
  8. "Team – bio-bean". Retrieved 10 August 2016.
  9. "Hugh Grosvenor | LinkedIn". uk.linkedin.com. Retrieved 10 August 2016.
  10. Howes, Scarlet (10 August 2016). "New Duke becomes a billionaire at 25". The Times. Retrieved 10 August 2016. (subscription required)
  11. Garside, Juliette (11 August 2016). "Inheritance tax: why the new Duke of Westminster will not pay billions". The Guardian. ISSN 0261-3077. Retrieved 14 May 2017.
  12. "How the Duke of Westminster dodged IHT – MoneyWeek". MoneyWeek. 21 August 2016. Retrieved 14 May 2017.
  13. "Inheritance tax, and how the Dukes of Westminster avoid it on their £9bn fortune". The Telegraph. Retrieved 14 May 2017.
  14. "Duke's £9bn inheritance prompts call for tax overhaul". The Guardian. 11 August 2016. Retrieved 11 August 2016.
  15. Duboff, Josh (23 October 2013). "Hugh Grosvenor: Meet the 22-year-old, baby-faced, absurdly rich godparent to Prince George". Vanity Fair. Retrieved 10 August 2016.
  16. Rayner, Gordon (23 October 2013). "Prince George christening: profiles of the godparents". The Daily Telegraph. Retrieved 10 August 2016.
Peerage of the United Kingdom
Preceded by
Gerald Grosvenor
Duke of Westminster
2016–present
Incumbent
Lines of succession
Preceded by
The Duchess of Westminster
Line of succession to the British throne
descended from Louise, daughter of George II
Succeeded by
Lady Tamara van Cutsem
Orders of precedence in the United Kingdom
Preceded by
The Duke of Abercorn
Gentlemen
The Duke of Westminster
Succeeded by
The Duke of Fife
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