Duke of Westminster Unveils Significant Business Initiative Before Star-Studded Wedding
Hugh Grosvenor, the Duke of Westminster and a godfather to Prince George, has embarked on an exciting business journey with the launch of a new £900 million residential development lending venture through his property company, Grosvenor. This move comes as he prepares for his highly anticipated nuptials to Olivia Henson on June 7, an event that promises to be a highlight in the year’s social calendar.
Grosvenor’s business expansion aims to diversify its investments across various residential sectors, including homes for sale, rentals, and specialized housing for students and retirees. This strategic growth initiative reflects the company’s commitment to addressing the diverse housing needs in the UK, leveraging its substantial land holdings in prime locations like Mayfair and Belgravia.
The forthcoming marriage of Hugh to Olivia Henson, who is a senior account manager at the esteemed B-Corp certified Belazu Ingredient Company, is set to be a grand affair. The ceremony will take place at Chester Cathedral, a venue chosen for its stunning architecture and deep familial ties to the Grosvenor lineage. Among the distinguished guests are expected to be members of the royal family, including the King and Queen and the Prince and Princess of Wales.
The engagement, announced in April 2023, has been met with widespread enthusiasm, with the couple expressing their gratitude for the warm wishes they have received. The Duke’s personal connection to the cathedral and the significance of Cheshire as the ancestral home of the Grosvenor family add a layer of sentimental value to the wedding plans.
Hugh, who stepped into his father’s shoes as the head of the Grosvenor estate in 2016, has managed to balance his public duties and private life, maintaining a relatively low profile despite his considerable wealth and societal position. His close relationships within the royal circle, including his roles as godfather to Prince George and Prince Archie, and as a participant in significant royal ceremonies, highlight his deep-rooted connections to the monarchy.
As the Duke of Westminster gears up for his wedding day, his new business venture signifies not just a personal milestone but also a strategic move to bolster the UK’s residential property sector.