![]() Despite a severe chill in the London property market, mainly caused by Brexit uncertainty, the group posted revenue profits of £79.2m last year, slightly lower than the year before but better than had been feared. Assisted by handpicked professionals, his late father ran the Grosvenor business for many years, but so far the 7th duke seems happy to let his dad’s team get on with it. This makes him a thoroughly modern duke – the theoretical head of a vast family concern, but also his own man. It might be tempting to think of Hughie Grosvenor as master of all he surveys, but the way his predecessors arranged their affairs means it may even be technically incorrect to call him a billionaire. Trusts ensure continuity, and most rich families use them – the Rothschilds are said to have a series of them controlling more than £40bn. ![]() The Duchess and 6th Duke of Westminster with their daughters Lady Edwina and Lady Tamara, 1984. ![]()
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