The Duke of Westminster, who will marry his fiancée Olivia Henson this summer, has taken the top spot on the under-40 rich list for the second year in a row.
Hugh Grosvenor, who lives in Cheshire, once again topped the list and is estimated to have a staggering £10bn in the bank.
On Sunday Times Rich List 40 under 40 also included Lady Charlotte Wellesley in second place with a whopping £2.2bn, alongside Herman Narula, who has £780m to his name.
Once described as one of Britain’s most eligible bachelors until he became engaged to Olivia, 31, last year, the 33-year-old inherited his wealth from his father, who died suddenly aged 64 in 2016.
And as the Duke prepares for his lavish June 7 wedding at Chester Cathedral, which will include the Prince and Princess of Wales among the guests, his status as the UK’s richest person under 40 means he could be Party. of the summer.
Hugh Grosvenor, who lives in Cheshire, once again topped the rich 40 list and is estimated to have a staggering £10bn in the bank.
The 7th Duke of Westminster, Hugh Grosvenor, proposed to his girlfriend of two years, Olivia Henson, at their family home in Eaton Hall, Cheshire, it was announced on April 23, 2023. The couple can be seen here in an official photo published to commemorate their engagement. )
Hugh was just 25 when he received £9.3bn from his late father, Gerald Cavendish Grosvenor.
In addition to the fortune, he was also awarded a vast global property empire, including 300 acres of land in Mayfair and Belgravia, as well as properties in Oxford, Scotland and properties around the world.
Born on January 29, 1991, Hugh Grosvenor was born Earl of Westminster, but assumed the title of Duke when his father died in 2016.
In April 2023 he announced his engagement to his girlfriend of two years, Olivia.
A statement from the couple said: “The Duke of Westminster and Miss Olivia Henson are delighted to announce that they are engaged to be married.
‘The couple, who have been together for two years, recently got engaged at the Duke’s family home at Eaton Hall in Cheshire.
“Members of both their families are absolutely delighted with the news.”
Elsewhere, Hugh has previously represented the country in Olympic clay pigeon shooting competitions both internationally and in the UK.
The Duke also supports the rehabilitation of wounded or injured members of the Armed Forces and donated £2.5 million to the Health Service when the COVID-19 pandemic broke out, but said he was very “humbled” by the work of doctors and nurses that I wanted. to donate another £10 million.
Hugh also has strong connections to the British and Russian royal family.
Hugh Grosvenor, a close friend of Prince William and Prince Harry, is the godfather of Prince George, the future king.
His baptism ceremony was also attended by King Charles III, who was named as one of his godfathers.
Through his mother Natalia, Mr. Grosvenor is descended from the Russian Imperial House of Romanov, with relations to Nicholas I of Russia.
The late Queen is pictured with the late Duke of Westminster Gerald Cavendish Grosvenor, who died suddenly in 2016.
Prince William (R) is greeted by General Timothy Granville-Chapman (2R), Hugh Grosvenor, the Duke of Westminster (2L) and John Peace (L) as he arrives to attend the official handover of the National Defense and Rehabilitation Center .
Grosvenor owns the family seat Eaton Hall (pictured) as well as a property empire that includes 300 acres in Mayfair and Belgravia, as well as land in Cheshire, Oxford, Scotland and Spain.
The Prince of Wales is also expected to be a guest of honor at Hugh’s wedding to Olivia Henson, 31, next month, the most anticipated social event of the year.
Last April, he proposed to Olivia at their family seat, Eaton Hall in Cheshire.
A statement from the couple at the time said: “The Duke of Westminster and Miss Olivia Henson are delighted to announce that they are engaged to be married.
‘The couple, who have been together for two years, recently got engaged at the Duke’s family home at Eaton Hall in Cheshire.
“Members of both their families are absolutely delighted with the news.”
Olivia descends from the Hoare banking family, as well as the Marquises of Bristol and the Dukes of Rutland, according to the Telegraph.
The outlet also says that his uncle is the Grand Master of the Scottish Freemasons and his father is stockbroker Rupert Henson.
And it seems she’s already starting to make the 11,000-acre Eaton estate her home, establishing a honey business there before she gets married.
Brought up in Eaton Hall, Cheshire, Hugh Grosvenor received his private education at Ellesmere College before gaining a degree in Rural Management from Newcastle University.
After graduating, Grosvenor worked in property management at food and agriculture company Wheatsheaf Group, an investment company based on the Eaton estate and owned by the Grosvenor Group.
He subsequently held an account manager position at sustainability company bio-bean, which converts coffee-related waste into bioproducts such as biofuels and logs.
An old friend said: ‘Hugh is neither a networker nor a charlatan, nor is he in the least boastful.
“He was raised to recognize that many people (almost everyone, in fact) would try to get close to him because of his money.”
He’s not a wallflower and he likes parties as much as anyone. But he knows where to draw the line and he would never do anything to embarrass his family.