Gerald Cavendish Grosvenor & family No:26 Billionaire 2009

Net Worth:$11.0 bil
Fortune:inherited and growing
Source:real estate
Age:57
Country Of Citizenship:United Kingdom
Residence:Chester
Industry:Real Estate
Education:Harrow College of Higher Education,
Marital Status:married, 4 children



The sixth Duke of Westminster is the U.K.'s wealthiest landowner. His Grosvenor property group has valuable holdings in the posh Mayfair and Belgravia neighborhoods of London where rents have fallen almost a third since last spring. One of group's funds entered into negotiations with banks to refinance its debt. Owns additional land in London via private family trusts; also holds farmland in Northern England and Scotland. Officer in Britain's reserve forces and Chancellor of University of Chester.