{"id":22538,"date":"2016-08-10T23:45:59","date_gmt":"2016-08-10T16:45:59","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=22538"},"modified":"2016-08-10T21:47:21","modified_gmt":"2016-08-10T14:47:21","slug":"duke-of-westminster-dies-aged-64-britains-third-richest-man-had-strong-uae-ties","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminster-dies-aged-64-britains-third-richest-man-had-strong-uae-ties\/","title":{"rendered":"Duke of Westminster dies aged 64: Britain's third richest man had strong UAE ties"},"content":{"rendered":"


\nBritain’s wealthiest landowner, the Duke of Westminster, has died aged 64.Gerald Cavendish Grosvenor, Britain’s third richest man, died late on Tuesday in Lancashire after being taken ill suddenly on his Abbeystead Estate near Lancaster.The sixth Duke, who was ranked 68th richest billionaire in the world by Forbes with a calculated wealth of \u00a38.3 billion (Dh39.72bn), was on close personal terms with Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, and Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister for Presidential Affairs.A great patron of charities for wounded veterans, the Duke visited the UAE in October 2014 seeking support for two humanitarian projects, a field hospital for Syrian refugees, and a Dh1.8 billion military rehabilitation hospital in the UK, the extra capacity of which will be used to help refugees and wounded soldiers from friendly countries such as the UAE.The Duke, who served as Britain’s most senior Territorial Army officer with the rank of major-general, donated his Grade II-listed Stanford Hall estate in Leicestershire, to become a treatment centre for wounded soldiers and civilians and also made a \u00a350 million donation from his personal fortune to the \u00a3300m renovation costs.Construction work on the Defence & National Rehabilitation Centre started in 2015 and is expected to be completed in 2018. The Duke spoke of the centre, which will treat soldiers and civilians suffering from trauma, neurological injury and mental health issues as his life’s achievement.”What I find so interesting about the UAE in particular is how they’ve risen to the challenge of becoming very international in their outlook and the way they’re doing business,” the duke said at the time. “They’ve almost taken the West by surprise in the way they’ve become internationally responsible, in the way they’re conducting foreign affairs. It’s been a revelation to me.”As well as members of the British royal family, including the Queen and Prince William, armed forces charity the Royal British Legion was among the many expressing condolences. “We’re extrememly sad to hear of the passing of the Duke of Westminster,” it tweeted. “His commitment to both charity and the armed forces will be remembered.”Born in Northern Ireland in 1951, the Duke was educated at Harrow and the Royal Military Academy at Sandhurst, the officer training school also attended by Sheikh Mohammed bin Rashid, the Vice President of the UAE and Ruler of Dubai and After Sandhurst the Duke aspired to embark on a career in the British military but that ambition was cut short when he found himself inheriting at the age of 27 the vast Grosvenor Estate comprising 300 acres in Belgravia and Mayfair, two of London’s most exclusive and expensive districts.During his long tenure as Britain’s wealthiest landowner, the Duke oversaw massive modernisation plans, turning an aristocratic landed estate into the modern property company Grosvenor.”Given the choice, I would rather not have been born wealthy, but I never think of giving it up. I can’t sell. It doesn’t belong to me,” he once said.The Duke is survived by his wife Natalia, one son and three daughters, Lady Tamara, Lady Edwina and Lady Viola. His title will be inherited by his 25 year old son Hugh Richard Louis Grosvenor.lbarnard@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Duke of Westminster dies aged 64: Britain’s third richest man had strong UAE ties<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Britain’s wealthiest landowner, the Duke of Westminster, has died aged 64.Gerald Cavendish Grosvenor, Britain’s third...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-22538","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5Rw","jetpack-related-posts":[{"id":22462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-wealthiest-landowner-the-duke-of-westminster-has-died\/","url_meta":{"origin":22538,"position":0},"title":"Britain\u2019s wealthiest landowner, the Duke of Westminster, has died","date":"August 10, 2016","format":false,"excerpt":"\r The Duke owned swathes of prime London real estate, as well as property overseas, including Asia The Duke of Westminster. Image credit: wikimedia The Duke of Westminster, Britain\u2019s wealthiest landowner has died at the age of 64. Gerald Cavendish Grosvenor owned large parts of prime real estate in London\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/property-market-braces-for-shockwaves-from-landmark-leasehold-case\/","url_meta":{"origin":22538,"position":1},"title":"Property market braces for shockwaves from landmark leasehold case","date":"January 14, 2018","format":false,"excerpt":"\r Appeal court ruling could halve the cost of extending leases or buying freeholds for 2.1m households in England and WalesOne of Britain\u2019s richest men, the Duke of Westminster, could see the value of his estates plummet this week if a landmark legal challenge is successful. The case could also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminster-donates-12-5m-to-nhs-coronavirus-fight\/","url_meta":{"origin":22538,"position":2},"title":"Duke of Westminster donates \u00a312.5m to NHS coronavirus fight","date":"April 16, 2020","format":false,"excerpt":"\r Gift equates to just 0.1% of Hugh Grosvenor\u2019s wealth, say inequality campaignersCoronavirus \u2013 latest updatesSee all our coronavirus coverageThe Duke of Westminster, the UK\u2019s second richest person with an estimated \u00a310bn fortune, is donating \u00a312.5m to the fight against the coronavirus pandemic after being \u201chumbled\u201d by the dedication of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136078,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminster-the-london-property-baron-born-with-longest-silver-spoon\/","url_meta":{"origin":22538,"position":3},"title":"Duke of Westminster: the London property baron born with \u2018longest silver spoon\u2019","date":"April 25, 2023","format":false,"excerpt":"\r Dynasty set to expand as Hugh Grosvenor, described as UK\u2019s \u2018most eligible bachelor\u2019, announces engagement to Olivia HensonDuke\u2019s property firm pays \u00a350m dividend despite profits dropThe Duke of Westminster, Hugh Grosvenor, was famously described by his father as being \u201cborn with the longest silver spoon anyone can have\u201d.Grosvenor, 32,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22713,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/poor-little-rich-kids-the-perils-of-inheriting-vast-wealth\/","url_meta":{"origin":22538,"position":4},"title":"Poor little rich kids \u2013 the perils of inheriting vast wealth","date":"August 12, 2016","format":false,"excerpt":"\r At 25, Hugh Grosvenor has inherited his family title and a \u00a39.3bn fortune \u2013 but while it sounds enviable, it will present the new duke with serious challengesIt is reported that when the 6th Duke of Westminster, who died this week, realised at the age of 15 that he\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-12bn-property-firm-hit-by-london-slump\/","url_meta":{"origin":22538,"position":5},"title":"Duke of Westminster's \u00a312bn property firm hit by London slump","date":"April 26, 2017","format":false,"excerpt":"\r Grosvenor Group reports worst UK performance since 2008 as Brexit and stamp duty rise cause slowdown in capitalThe 26-year-old Duke of Westminster, who is believed to be the world\u2019s richest person under 30 with a \u00a39bn fortune, has been hit by a steep drop in returns on his family\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22538"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=22538"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22538\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=22538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=22538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=22538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}