Hugh Grosvenor has been featuring on rich lists since he inherited his father's billion-pound fortune in 2016.
While the Grosvenor family is automatically linked in many people's eyes to properties in west London's upmarket Mayfair and Belgravia districts, such assets are only part of the wider Grosvenor Group, the company that manages the Duke of Westminster's wealth. The duke, Hugh Grosvenor, who is to marry Olivia Henson today, inherited his title and control of the historic Grosvenor Estate aged 25 following the death of his father from a heart attack in 2016.
Most British commercial property companies tend to focus on the UK only and avoid international investments are structured as so-called REITs which must distribute 90% of their property income profits each year to shareholders. They also tend to focus on a certain type of property asset. For example, the FTSE-100 company Segro specialises in industrial warehouses, while the FTSE-250 company Grainger is a residential landlord.
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