Sunday, 21 November 2010

Duke of Westminster Tops Ranking of Real-Estate Investors Based in Britain - Bloomberg

Duke of Westminster Tops Ranking of Real-Estate Investors Based in Britain - Bloomberg

The Duke of Westminster, who controls a London estate with the world’s most expensive office space, remains the richest property investor based in Britain, according to Estates Gazette.

The Duke, whose name is Gerald Grosvenor, had assets with an estimated value of 6.8 billion pounds ($11 billion) at the end of September, the magazine said in its annual ranking of the 250 wealthiest people in the industry. David and Simon Reuben again ranked second with 5.43 billion pounds, while Earl Cadogan and his family were third with 2.5 billion pounds.

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