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Home / Business

Meet the world's richest man under 30

NZ Herald
5 Dec, 2016 11:22 PMQuick Read

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Hugh Grosvenor at the christening of Britain's Prince George in 2013. Photo / AP.

Hugh Grosvenor at the christening of Britain's Prince George in 2013. Photo / AP.

At the tender age of 25, the little-known Duke of Westminster is now the world's wealthiest young man and a contender for Britain's most eligible bachelor.

Hugh Richard Louis Grosvenor became the 7th Duke of Westminster when his father - Major General Gerald Cavendish Grosvenor - died of a heart attack in August.

Known to his friends as Hughie, he inherited billions after his father's death and owns more land than the Queen.

"Thanks in part to his youth, good looks and a very well-cut suit, but mostly to an inheritance estimated at £8.65 billion ($15.4 billion), he became a media darling overnight." the Telegraph reports.

"Hugh Westminster is now the richest man on Earth under the age of 30. His is an inheritance that dwarfs the crass exaggerations of film-makers and storytellers," it wrote.

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"It includes more land than the Queen owns; a collection of paintings by Rembrandt, Velasquez, Stubbs and Lucian Freud; Liverpool One shopping centre and the freehold of the American embassy in Grosvenor Square," it said.

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