Gerald Cavendish Grosvenor & family’s profile picture

Gerald Cavendish Grosvenor & family

Gerald Cavendish Grosvenor & family’s profile picture
Net worth 2018: $13 Billion
Industry: Real Estate
BirthDay: 22 December 1951
Sigh: Capricorn
Died On: 09/08/2016
Children: 4
BIOGRAPHY

Gerald Cavendish Grosvenor & family was bornon 22 December 1951 in United Kingdom. Gerald Cavendish Grosvenor, the 6th Duke of Westminster and Britain's wealthiest landowner, died at age 64 on August 9, 2016. At the time of his passing, he ranked as the 114th wealthiest person in the world. Grosvenor was born into a wealthy family with an extensive history in the business of property development. In 1677 his ancestors first purchased 500 acres of "swamp, pasture, and orchards" in England, according to Grosvenor Group, the family's company. Since then his family has expanded its fortune by purchasing huge swaths of land across the globe. At present, the business holds property on five continents and reports more than $15 billion in assets under management. Grosvenor is survived by a wife and four children. His son, Hugh, a godfather to Prince George, will assume the dukedom. He will become the 7th member of the family to hold the title.

NET WORTH STATISTIC
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

TIMELINE
2018

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

2016

The Duke died on 9 August 2016 at Royal Preston Hospital in Preston, Lancashire, after suffering a heart attack at his Abbeystead estate

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

2007

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

2004

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

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

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

2000

Promoted to brigadier on 17 January 2000, he was also appointed Honorary Colonel of the Royal Mercian and Lancastrian Yeomanry on 14 May 2001

1998

Their children are:In 1998, the Duke suffered a nervous breakdown and depression, citing the overwhelming pressures of business and public life

1995

The Duke was Grand Prior of the Priory of England of the Military and Hospitaller Order of St Lazarus of Jerusalem, 1995–2001

1994

He was promoted to colonel on 31 December 1994 and was appointed honorary colonel of the 7th Regt Army Air Corps (1 January 1996) and the Northumbrian Universities Officer Training Corps (30 November 1995)

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

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

1990

He was Vice-President of the Royal Engineers Music Foundation 1990–94

1985

He was promoted to the acting rank of major on 1 January 1985 and to the substantive rank on 22 December

1984

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

1981

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

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

1978

Harold Pedro Joseph Phillips and his wife Georgina Wernher, in 1978

1976

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

1975

He was promoted to lieutenant on 13 May 1975 and to captain on 1 July 1980

1973

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

1970

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

1960

The family business started developing in Australia in the 1960s

1951

Major General Gerald Cavendish Grosvenor, 6th Duke of Westminster, KG CB CVO OBE TD CD DL (22 December 1951 – 9 August 2016) was a British landowner, businessman, philanthropist, Territorial Army general and hereditary peer

1950

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

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