Gerald Cavendish Grosvenor & family
Real Estate

Gerald Cavendish Grosvenor & family Net Worth

Gerald Cavendish Grosvenor, the 6th Duke of Westminster, was born into a wealthy family with a long history in property development. He passed away at age 64 on August 9, 2016, leaving behind a fortune estimated at $15 billion. His family had purchased 500 acres of land in England in 1677, and since then had expanded their holdings to five continents. Upon his death, his son Hugh, a godfather to Prince George, will become the 7th Duke of Westminster.
Gerald Cavendish Grosvenor & family is a member of Real Estate

Age, Biography and Wiki

Birth Day December 22, 1951
Birth Place United Kingdom
Age 69 YEARS OLD
Died On 9 August 2016(2016-08-09) (aged 64)\nPreston, Lancashire, England
Birth Sign Capricorn
Spouse(s) Natalia Phillips
Children Lady Tamara Grosvenor Lady Edwina Grosvenor Hugh Grosvenor, 7th Duke of Westminster Lady Viola Grosvenor
Parents Robert Grosvenor, 5th Duke of Westminster Viola Lyttelton
Residence Eaton Hall, Cheshire
Known for Landowning Property development Philanthropy
Civilian awards Knight of the Order of the Garter Commander of the Royal Victorian Order
Other titles Earl Grosvenor (1967–79)
Website www.grosvenorestate.com
Allegiance United Kingdom
Service/branch British Army
Years of service 1973–2012
Rank Major General
Unit North Irish Horse
Commands Assistant Chief of the Defence Staff (Reserves and Cadets) (2004–07) Deputy Commander Land Forces (Reserves) (2011–12)
Military awards Companion of the Order of the Bath Officer of the Order of the British Empire Efficiency Decoration Volunteer Reserves Service Medal Canadian Forces Decoration

💰 Net worth: $13 Billion (2024)

Gerald Cavendish Grosvenor & family's net worth is currently estimated to be a staggering $13 billion, expected to be reached by the year 2024. This immense wealth is mainly derived from their involvement in the real estate industry in the United Kingdom. The family has established themselves as prominent figures in the sector, with a vast and diverse portfolio that includes prime residential and commercial properties, as well as significant landholdings. Their expertise in real estate management and development has not only allowed them to accumulate substantial wealth but has also solidified their reputation as leaders in the UK property market.

2010 $12 Billion
2011 $13 Billion
2012 $11 Billion
2013 $11.4 Billion
2014 $13 Billion
2015 $12.6 Billion
2016 $13 Billion
2018 $13 Billion

Biography/Timeline

1973

As the Earl Grosvenor he joined the Territorial Army in 1970, as a trooper, family estate responsibilities having caused him to abandon a Regular Army career in the 9th/12th Lancers. After entering RMA Sandhurst in 1973, he passed out as an officer cadet and was commissioned a second lieutenant in the Territorial and Army Volunteer Reserve of the Royal Armoured Corps (Queen's Own Yeomanry) on 13 May 1973. He was promoted to lieutenant on 13 May 1975 and to captain on 1 July 1980. He was promoted to the acting rank of major on 1 January 1985 and to the substantive rank on 22 December.

1976

Despite his very poor educational attainments, he was given several honorary degrees and fellowships (listed below) in later life and took an outward looking interest in youth. He was Director of the International Students Trust from 1976 until 1993, Pro-Chancellor of Keele University from 1986 until 1993, Chancellor of Manchester Metropolitan University from 1992 until 2002, and first appointed Chancellor of the University of Chester in 1995, serving until his death.

1978

The Duke of Westminster married Natalia Ayesha Phillips, the daughter of Lt-Col. Harold Pedro Joseph Phillips and his wife Georgina Wernher, in 1978. His wife is a direct descendant of the Russian poet Alexander Sergeyevich Pushkin and therefore of his African ancestor Abram Gannibal as well as of King George II. Their children are:

1979

Via Grosvenor Estates, the Business he inherited along with the dukedom in 1979, the Duke was the richest property developer in the United Kingdom and one of the country's largest landowners, with property in Edinburgh, Liverpool, Oxford, Cambridge, Southampton and Cheshire, including the family's country seat of Eaton Hall, as well as 300 acres (0.47 sq mi) of Mayfair and Belgravia in Central London. The Business also has interests in other parts of Europe. According to the Sunday Times Rich List 2016, the Duke was worth £9.35 billion (around US$13 billion), placing him sixth in the list and making him the third-richest British citizen.

1981

The Duke was also Director of Claridge's Hotel from 1981 until 1993, and of Marcher Sound from 1992 until 1997.

1992

His main personal recreations were field shooting and fishing, and he served as President of the British Association for Shooting and Conservation from 1992 until 2000, and the Atlantic Salmon Trust from 2004 until his death, President of the Game and Wildlife Conservancy Trust for 2000–01 and Vice-President hence. He was a member of the MCC and Royal Yacht Squadron and President of Worcestershire County Cricket Club in 1984–86 and of the Youth Sports Trust 1996–2004.

1993

He was Vice-President of the Royal United Services Institute from 1993 until 2012, President of The Tank Museum, Bovington, from 2002, and a committee member of the National Army Museum between 1988–97 and from 2013 until his death.

1995

The Duke was Grand Prior of the Priory of England of the Military and Hospitaller Order of St Lazarus of Jerusalem, 1995–2001. In 2004, he was appointed to the new post of Assistant Chief of the Defence Staff (Reserves and Cadets), with promotion in the rank of major-general. In March 2007, having served in the Ministry of Defence as Assistant CDS for four years, he handed over responsibility for 50,000 reservists and 138,000 cadets to Major General Simon Lalor, in the wake of the Eliot Spitzer prostitution scandal in which Grosvenor was also implicated. The Duke became Deputy Commander Land Forces (Reserves) in May 2011. He retired from the Armed Forces in 2012.

1998

In 1998, the Duke suffered a nervous breakdown and depression, citing the overwhelming pressures of Business and public life.

2001

He was a supporter of the Prince's Trust, and was a committee member of the Trust and a Patron from 2001 for North West England.

2002

He was President of the committee planning the 2002 Commonwealth Games in Manchester from 1998, and from 1991 until 1994 had been Director of the committee set up to coordinate the projected 2000 Summer Olympic Games and Paralympics that would have been held at Manchester had the British bid succeeded.

2004

Born in Northern Ireland, Grosvenor moved from an island in the middle of Lough Erne to be educated at Sunningdale and Harrow boarding schools in the south of England. After a troubled education he left school with two O-levels. He joined the Royal Military Academy Sandhurst and served in the Territorial Army, where he was promoted to major-general in 2004.

2011

In 2011, having already funded a feasibility study, the Duke purchased the estate at Stanford Hall, Nottinghamshire to make possible the creation of a Defence and National Rehabilitation Centre (DNRC) to provide the highest quality support for military casualties. Work started on the £300m project in April 2016, and it is intended that the new facilities which are under construction for completion in 2018 will replace those at Headley Court. The Duke remained actively involved in the project until his death.

2013

The Grosvenor family's first development was in Mayfair, Central London, in the early 18th century; the second big development came around 100 years later and was in another exclusive part of London – Belgravia, developed by the family after the end of Napoleonic Wars and the conversion of Buckingham Palace – which is just one mile East. After developing the two parts of Central London, the family Business expanded. During the second half of the 20th century, the Business expanded into the Americas and developed Annacis Island and Vancouver in Canada in the 1950s. The family Business started developing in Australia in the 1960s. They moved to Asia in the early 1990s and to continental Europe just before the millennium. In April 2000, the firm moved into new London offices. The Business was headed by the 6th Duke, who was Chairman of the Trustees.

2016

The Duke died on 9 August 2016 at Royal Preston Hospital in Preston, Lancashire, after suffering a heart attack at his Abbeystead estate. A private funeral attended by close relatives was held on 12 August, and a memorial Service was held at Chester Cathedral on 28 November. He is buried in the family plot at St Mary's Church, Eccleston.

Some Gerald Cavendish Grosvenor & family images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.