Companion of Prince William - Billionaire Nuptials in the United Kingdom: The Massive Westminster Ducal Manor
The wedding of the year in Britain is upon us, as Hugh Grosvenor, the Duke of Westminster, is set to marry his fiancé Olivia Henson on June 7th in Chester's Cathedral. Approximately 400 guests are scheduled to attend, including members of the royal family like Prince William. Later, the newlyweds will celebrate at Eaton Hall, the beautiful estate of the Grosvenor family in Cheshire, which has been in their hands since the 15th century. The Duke, aged 33, is one of the wealthiest men in Britain, with an estimated fortune of £10 billion.
Grosvenor Family Fortune - A Legacy Dating Back to the 17th Century
The Grosvenors' fortune can be traced back to the 17th century. In 1677, Sir Thomas Grosvenor wedded a 12-year-old girl named Mary Davies, and she was endowed with meadows, marshes, and grazing land to the west of London. These lands were later converted into the distinguished districts of Mayfair and Belgravia, the most desirable spots in the city. The Grosvenors retained ownership of these streets, which were then skillfully managed for profit. The Grosvenor Group owns half of the real estate in Mayfair, including notable structures like the former U.S. Embassy, the Gagosian Gallery, and the opulent hotel The Beaumont. Belgravia also has 300 hectares of land. The impact of the Grosvenor name is evident in the naming of various streets and squares.
The Duke of Westminster's Global Wealth
The Grosvenor fortune extends beyond London. They are a global investor and manager of approximately 1,500 properties in 60 countries. These extensive holdings include office buildings in Beijing, San Francisco, and Silicon Valley, as well as shopping centers in Liverpool, Stockholm, and Shanghai, and luxury residential complexes in Tokyo, Hong Kong, and Vancouver. Additionally, there are vast estates in the Scottish Highlands and Lancashire.
"This land has been in our family for 900 years, and I hope it stays in our family for another 900 years," Hugh Grosvenor once declared. For this to occur, the Duke and his wife Olivia must produce a male heir. The primogeniture rule currently dictates that the entire inheritance goes to the eldest son. When the Duke inherited his vast wealth in 2016 following his father's demise, his older sisters Lady Tamara and Lady Edwina received nothing. If the inheritance rules don't change and Grosvenor and his wife don't have a son, a distant male relative would claim the entire estate.
Read also:
- Olivia Henson will be joining the ranks of nobility when she marries Hugh Grosvenor, the Duke of Westminster, who is a member of Great Britain's royal family by association due to Prince William's attendance at their wedding.
- The extravagant wedding between Olivia Henson and Hugh Grosvenor, the Duke of Westminster, will not only celebrate their love but also highlight the wealthy Grosvenor family's deep historical roots in Great Britain, with connections tracing back to the 17th century.
- Following his wedding with Olivia Henson, Hugh Grosvenor, the Duke of Westminster, will return to his ancestral home, Eaton Hall in Cheshire, which has been under the control of his family's nobility since the 15th century, making it one of the most prominent nobility estates in Great Britain.
- As the Duke of Westminster, Hugh Grosvenor's wealth, with an estimated value of £10 billion, is not only tied to his title but also to his family's diverse real estate holdings across the world, including in prestigious locations like Mayfair and Belgravia in London, as well as Beijing, San Francisco, and Shanghai.
