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  #21  
Old 08-09-2016, 11:07 PM
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This is awful news. At 64 gone much too soon. May he rest in peace. What a responsibility for his only son, still a very young man. I expect Charles and Camilla at the funeral at a minimumum, and perhaps William, though not the Queen or Prince Philip.
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  #22  
Old 08-09-2016, 11:12 PM
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Some of the royals are likely to attend.

To think of his 25 year son is due to inherit the title and all. My Lord!

I'm going to guess he's been groomed his whole life to take over (unlike his father) and has various support staff already in place.

The Queen inherited a pretty big job at what...25?



LaRae

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Originally Posted by Countessmeout View Post
Charles, Camilla, his sons and Kate certainly Possibly Anne and Tim, she is close to Gerald's sister and likely him. Maybe Andrew??


As for his title and such go to Hugh, I'd think his widow and 3 daughters would be financially covered as well by his private fortune.
I'm going to say they all have adequate trust funds.



LaRae
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  #23  
Old 08-09-2016, 11:29 PM
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I'm going to guess he's been groomed his whole life to take over (unlike his father) and has various support staff already in place.



The Queen inherited a pretty big job at what...25?







LaRae

It would be pretty hard to blow through 9 billion in his lifetime anyways.


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  #24  
Old 08-09-2016, 11:44 PM
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The death duties and taxes on such a huge fortune will be pretty massive however, unless arrangements have been put in place (and I would guess they have.)

This would certainly be a devastating blow to his wife and children. I think a couple of the Duke's daughters are married, aren't they?
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  #25  
Old 08-09-2016, 11:47 PM
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Yes 2. Tamara to Will's friend Edward Van Cutsem and has 2 sons. Edwina is married to Dan Snow and has 2 kids. Viola is only 24.
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  #26  
Old 08-10-2016, 12:08 AM
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Originally Posted by Pranter View Post
I'm going to guess he's been groomed his whole life to take over (unlike his father) and has various support staff already in place.

The Queen inherited a pretty big job at what...25?



LaRae
I mean, I know the family is in mourning, but that inheritance is something else!
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  #27  
Old 08-10-2016, 12:15 AM
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Yes 2. Tamara to Will's friend Edward Van Cutsem and has 2 sons. Edwina is married to Dan Snow and has 2 kids. Viola is only 24.
Thanks heaps, I knew Tamara was married to a van Cutsem and vaguely remembered another wedding but couldn't remember whose!
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  #28  
Old 08-10-2016, 12:19 AM
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I mean, I know the family is in mourning, but that inheritance is something else!

When I see numbers like that it's just monopoly money to me. It's hard to really comprehend that much money.


LaRae
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  #29  
Old 08-10-2016, 12:35 AM
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Monopoly is a good word. If London was a monopoly board, the family would have many 'hotels and houses' on the squares (as well as all over Britain and Ireland).
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  #30  
Old 08-10-2016, 02:21 AM
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His Grace's death wasn't a surprise to me in a way. The photo's of him at various events the past 3 mon. shocked me. He was gaunt and his color was almost pale to gray. The Daily Fail kept writing about his "terrific weight loss and healthy look", it was plain to me His Grace's health was far from that.
Condolences to his family.
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  #31  
Old 08-10-2016, 02:32 AM
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Speculating I know, but the Duke did look gaunt in the last photos I saw and I wondered if he was in good health. Heart trouble perhaps? His death was sudden.
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  #32  
Old 08-10-2016, 02:45 AM
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It may have been his heart or could have been another ailment, but nothing was ever released that His Grace was, in fact, ill. We just have to go on our gut feelings.
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  #33  
Old 08-10-2016, 02:48 AM
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May GOD rest his soul in peace. Condolences to his wife & kids.
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  #34  
Old 08-10-2016, 02:49 AM
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His Grace's death wasn't a surprise to me in a way. The photo's of him at various events the past 3 mon. shocked me. He was gaunt and his color was almost pale to gray. The Daily Fail kept writing about his "terrific weight loss and healthy look", it was plain to me His Grace's health was far from that.
Condolences to his family.
Condolences to his Family,indeed.
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  #35  
Old 08-10-2016, 02:50 AM
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I'm going to guess he's been groomed his whole life to take over (unlike his father) and has various support staff already in place.

The Queen inherited a pretty big job at what...25?



LaRae
There is quite a difference in enjoying state-funded security for life with the backing of a gigantic apparate of state, armed forces and the diplomacy or becoming the very responsible one in managing private family affairs.

From the very first hours the Queen has been surrounded by courtiers, councillors, aides, advisors and ministers. The new Duke has to find his own way. Think of the Earl of Grantham and how he has to care for his gigantic estate. The new Duke will feel engulfed with a herculean task.
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  #36  
Old 08-10-2016, 02:56 AM
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Hardly. The new Duke is taking over from his dad. Just like a queen, a business man has managers, advisers, lawyers. No one is expect him to blindly run it alone.
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  #37  
Old 08-10-2016, 03:07 AM
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Yes, I'm sure most of the wealth is tucked away in trust funds, private companies in Britain and overseas and so on. I don't think the late Duke ran his entire empire alone and I don't believe the new Duke will either.

Nevertheless, I'm sure Hugh has had two or three years tuition in business affairs from his father and I'm sure independent friends of the family like Prince Charles would be happy to offer advice if needed, even if only about the estates.
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  #38  
Old 08-10-2016, 03:13 AM
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Sad news. Condolences to his family and friends.
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  #39  
Old 08-10-2016, 03:34 AM
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The Grosvenor Group. it manages the estate and holdings on 3 continents. The well established company will continue to do so.

Grosvenor - History

Like many grand estates Eaton Hall will also be well managed
https://en.wikipedia.org/wiki/Eaton_Hall,_Cheshire

The Dowager Duchess will likely continue with Eaton. She helped refurbish it and the gardens which are used for charity. She also helps manage their art collection. I doubt Hugh is about to send her packing.

Hugh doesn't have much business background. His degree is in estate management, more useful for country homes than GG. He worked for his dad for a while but has been working at Bio-bean, a company that uses used coffee grounds as bio fuel.
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  #40  
Old 08-10-2016, 03:43 AM
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Excellent, CountessMeOut. I'm sure the Dowager will do all she can to help and advise her son, and will continue to do what she does best. I think Hugh has been given an overview of what's involved over the years and I'm sure he'll take advice whenever he can. The late Duke's experience will be missed, but time will take care of that!
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