|
 |
|
|
|
| The Duke of Westminster |
|
 |
| RESULTS 2006 |
Ranking |
Worth |
Industry |
| |
3 |
£6,600m |
Property |
|
|
 |
| The Paul-Bert and Serpette flea markets in Paris are owned by Westminster, 54, after a £35m deal. It marks another stage of the drive to expand his Grosvenor Group into international property. He has also spent £35m on land for an apartment complex in Sydney, following on from a big Hong Kong development. But the group, owned by family trusts, is not neglecting its home patch. Grosvenor will start work on Baths Western Riverside development by the end of 2006. Westminster has vast estates in Lancashire and Cheshire, swathes of central London, in Mayfair and Belgravia, and tracts of land in Scotland, Canada and around the world. Grosvenor Group, his main property company, has net assets of £2.284 billion. About 200 acres of Belgravia are held in separate trusts worth an estimated £4 billion. He gave about £3.75m to charity in 2004, including £1m towards the upkeep of St Georges Chapel at Windsor Castle. Taking in dividends and his art, he is worth £6.6 billion. |
 |
| RESULTS 2005 |
Ranking |
3 |
Worth |
2005: £5,600m |
|
|