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The vast estate of the Duke of Westminster

The vast estate of the Duke of Westminster

Spouse of Prince William – Billionaire Weddings in England: Grand Westminster Dugal Manor

Britain's wedding of the year is set to take place as Hugh Grosvenor, Duke of Westminster, weds his fiancee Olivia Henson at Chester Cathedral on June 7. Around 400 guests have been invited, including members of the royal family such as Prince Wilhelm. Afterwards, the newlyweds celebrated at Eton Hall, the Grosvenor family's beautiful Cheshire estate, which has been in their hands since the 15th century. The 33-year-old Duke is one of Britain's richest men with a fortune of £10 billion.

Grosvenor Wealth Management – A tradition since the 17th century

The fortunes of the Grosvenors have been known since the 17th century. In 1677, Sir Thomas Grosvenor married Mary Davies, a 12-year-old girl, and was granted meadows, marshes and pastures west of London. These lands were later transformed into the prestigious Mayfair and Belgravia districts, which are now the most desirable locations in the city. The Grosvenors retained ownership of these roads, which were then efficiently managed for profit. The Grosvenor Group owns half of the properties in Mayfair, including major buildings such as the former US Embassy building, the Gagosian Gallery and the exclusive Hotel The Beaumont. Belgravia has 300 hectares of land. The influence of the Grosvenor name can be clearly seen in the street names.

Global wealth of the Duke of Westminster

The Grosvenor fortune extended beyond London. They are a global investor and manager of approximately 1,500 franchises in 60 countries. These extensive properties include office buildings in Beijing, San Francisco and Silicon Valley, shopping centers in Liverpool, Stockholm and Shanghai and luxury residential complexes in Tokyo, Hong Kong and Vancouver. There are extensive plantations in the Scottish Highlands and Lancashire.

“This land has been our family for 900 years, and I believe it will be ours for another 900,” Duke Hugh Grosvenor once said. For this to happen, the Duke and his wife Olivia must produce a male heir. The law of primogeniture now allows the entire inheritance to pass to the eldest son. While the Duke inherited his father's estate in 2016, his older sisters Lady Tamara and Lady Edwina got nothing. If the inheritance rules had not changed and the Grosvenor and his wife had no sons, a distant male relative would claim the entire inheritance.

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