A FORMER Ellesmere College student has been crowned the richest person under 35 in UK in The Sunday Times’ 2023 lists.

Prince George’s godfather, Hugh Grosvenor, 32, the seventh Duke of Westminster, made first place on the ‘The Wealthiest 35 Under 35’ with a total wealth of £9.8 billion.

Robert Watts, compiler of The Sunday Times Rich List, said: "Despite the tougher business environment, we have many impressive entrepreneurial stories in this year's Sunday Times Rich List.

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“We know our readers are particularly fascinated by those from humble backgrounds who start their own businesses, work hard and go on to build profitable businesses.

“Our new 35 Under 35 list includes men and women who have quickly built fortunes from fashion, vodka, lingerie and perfume.

“Many of these young guns are already employing hundreds of people and some will go on to be the future of the British economy."   

The Duke of Westminster, inherited his title and a vast land and property portfolio when he was 25 – including 300 acres in Mayfair and Belgravia.

Now 32, he oversees the dynasty’s company portfolio, which has real estate in 43 cities across 10 countries.

Under his leadership he has recently launched Grosvenor Hart Homes to provide more affordable homes and promised that all Grosvenor businesses will reduce carbon emissions in line with limiting global warming to 1.5°C.  

Grosvenor recently got engaged to his girlfriend, Olivia Henson, who he has been with for two years, at his family home at Eaton Hall in Cheshire.

He attended Ellesmere College between 2000 and 2009. He is described by the college as "an exceptional student and a well-respected school prefect".

Other trends highlighted in the list are self-made stars who have all taken advantage of social media and the new age of Instagram to market directly to their peers.   

These include companies such as sports clothing brand Gymshark, through which Ben Francis has built a £900 million fortune in just over a decade. 

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Gen Z’s appetite for gaming, and a generation’s coding expertise has boosted the fortunes of Johnny Boufahrat, Christian Owens, Christian Facey, Daniel Knight, all of who make the list with tech companies they have founded.  

In the second place on the list is Lady Charlotte Wellesley, for her brewery business Casa Cruz, with a total wealth of £2.1bn.

She was followed by Johnny Boufahrat, in third place, with his video conference app Hopin reaching £1.7bn.

Full list can be accessed here https://www.thetimes.co.uk/sunday-times-rich-list