Net Worth: $11 Billion As of March 2012
Source of Wealth: Real estate
Education: Harrow College of Higher Education
Marital Status: Married, Children: 4
The 6th Duke of Westminster, Gerald Cavendish Grosvenor and family have a net worth of $11 billion As of March 2012, according to FORBES. Grosvenor remains the wealthiest person in United Kingdom. The son of Robert George Grosvenor, 5th Duke of Westminster, Grosvenor got his wealth through property development. He is property company Grosvenor Group, has $17 billion assets under management, reportedly plans to start buying shares in publicly listed property firms in order to diversify. His family trust owns 190 acres in Belgravia, London's most expensive neighborhood, where homes can sell for upwards of $150 million. Family also has 96,000 acres in Scotland, 32,000 acres in Spain and thousands elsewhere in England. He joined the Territorial Army in 1970 as a trooper and became Major-General in 2004. The Duke became Deputy Commander Army Reserves in May 2011.
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