Gerald Cavendish Grosvenor, 55,, Duke of Westminster could care less what CNBC or anyone says.
The Grosvenor family was well known in the Middle Ages when it unsuccessfully disputed the right to the coat of arms "Azure a Bend Or" with the more prominent Scrope family (Scrope v Grosvenor 1385 - 1390). In 1677, Sir Thomas Grosvenor married Mary Davies who was heiress of 500 acres (2.0 km²) of rural land on the outskirts of London. As London grew, this property became the source of the family's immense wealth, as it was developed into the fashionable areas of Mayfair and Belgravia, which remains the basis of the family fortune. At least 500 roads, squares and buildings bear their family names and titles, and the names of place and people connected with them, including Grosvenor Square, Belgrave Square, North Audley Street, South Audley Street, and Davies Street. This is now held by a company called Grosvenor Group. The family's main country seat is Eaton Hall, six miles (10 km) outside the City of Chester in Cheshire with a minor seat at Ely Lodge in County Fermanagh. The family also used to own a large townhouse on Park Lane called Grosvenor House and Garden. The Dukedom was the last created for a person who was neither closely linked to the royal family nor already a Duke.
Source: http://en.wikipedia.org/wiki/Duke_of_Westminster
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