Duke of Westminster Faces Backlash for Plans to Demolish a London Tower
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- Опубликовано: 9 дек 2019
- Dec.10 -- Hugh Grosvenor, the seventh Duke of Westminster, is the U.K.’s third-richest person and considered by some its most eligible bachelor. Criticism is mounting for the Duke and his Grosvenor Group Ltd. The firm faces opposition to its plans to demolish a London tower that houses some of the city’s poorest residents, attracting negative headlines as rising inequality becomes an increasingly hot topic. Bloomberg's Tom Metcalf and Lisa Abramowicz discuss the backlash.
Also, even when he did gave £12.5 million to the NHS fight against COVID-19, he got criticised for the amount, since he was a billionaire. So he can't do good from doing harm. What about other billionaires, dukes, earls, viscounts? I have not heard one of them give a large donation
Thanks for your sincere compliment and love towards me and my vision all these years, Covid 19 has shaped us all, I have you to be most thankful for!
@@gilesgraves2725 it is NOT the National Health Service. We should be very careful about being such mugs. The 2012 Health and Social Welfare Act has given it a way in a sense. As far as I know the buck stops with a controlling executive manager from the insurance industry .Before 2012 the buck stopped with the secretary of state. You don't need an annual 650 million pound for business consultants to run hospitals. it's jobs for freinds and contracts for all the bits of it that are already given away. Plus the are huge 80 billion plus in PFI debts for it to pay and it's ring fenced which gives acronyms in Guernsey and god knows where else control of the finances of whole hospitals. They can wring money out of them and even force the NHS to sell of perfectly good hospitals to pay them. The CONservatives hate the concept of the NHS because it is such a good example of working socialism. They hate it. Never forget that.
I never understood the logic that a donation is only noteworthy when someone is bankrupting themself to make it.
Of course he would only give away a fraction of his wealth. You would do the same thing too. Don’t lie to yourself and say you wouldn’t.
THAT WAS NONSENSE ...HE GAVE NOTHING . . .
Jealousy is a ruthless master.
He inherited 12 billion why isn’t that taxed
Read the Tatler article on the Grosvenor’s and the inheritance rather than the jealous journalist spreading misinformation like the Daily Mail.
I love this quote!
If his family didn’t fritter away their wealth like other families, I say good for them.
People don’t like it because it isn’t fair??? The 7th Duke of Westminster legally owns it because his ancestors were smart. Get over it people.
No love.. they were criminals and they still are as evidenced on companies house and by the massive human trafficking cartels... You wont bee urging people to 'get over it people' when the totality of their crimes are exposed... you will be throwing up... literally.
Usually because they did the King a favour. Or gave them a daughter to marry.
I don't know why people hate on people who have inherited wealth (After all that is the point of working hard in the first place to be able to give something to your children/descendants when you are gone) as long as the person inheriting it is educated properly by his parents their shouldn't be a problem. But unfortunately a lot of poor people are really jealous of certain billionaires all the time and it's sad instead of trying to be like them or compete with them they waste their time hating. Plus he's the 7th Duke of Westminster so meaning for 7 generations now his family was able to maintain their wealth and that say's a lot.
Fair do’s to the young Duke, my dad traced my own family lineage back over 400 years, and sadly, just like Jeremy Clarkson found with his, there was significant wealth in my family but irritatingly between; gambling, paying off out of wedlock children, drinking, general arrogance of wasting wealth and complete incompetence, it, by the late 1800’s was gone. The importance of knowing the value of something is knowledge to appreciation and sustainment of wealth, the Dukes family understood that as does he.
So true and that is why his family have held onto their wealth when so many other families went from wealth to nothing within a couple of generations. My own father has this attitude of you cannot take it with you, so every inheritance he and my mother received he bought automobiles, went out to eat, went on vacations, bought recreational vehicles and just frittered away the money until he was back exactly where he started financially. I once tried to impress on Dad the financial mess he was leaving behind for his heirs to clean up because Dad likes to spend more money than has debts. My Dad smiled at me and brightly responded, “Their problem. Not mine. I will be dead!” So I guess my brother and I will have the job of taking care of what never should have happened.
@@indiaandrews6996 It's horrible what's happened with you
@@indiaandrews6996 that's so disgusting and egotistical i can't stand that way of living. And they are the same people to blame god knows who the wealthy family a'd how unfair the system is....
You go Hugh! God bless and do well with your charities!
i don't understand why how much fortune he has matters in this problem.you just hate rich people.if he owns this land then he can do whatever he wants with his land.
Thanks for your sincere compliment and love towards me and my vision all these years, Covid 19 has shaped us all, I have you to be most thankful for!
I hope the Duke does not listen to others but forge ahead with what ever he thinks is best. Others are just jealous.
I know the Duke would rather not been known for the inheritance but as a good man.
As the Duke’s dad said of him, “My son was born with the longest silver spoon in his mouth, but he cannot go through life sucking on it. It appears the Duke is not doing that, so good on him.
Idk why people hate on people who have inherited wealth (After all that is the point of working hard in the first place to be able to give something to your children/descendants when you are gone) as long as the person inheriting it is educated properly by his parents their shouldn't be a problem. But unfortunately a lot of poor people are really jealous of certain billionaires all the time and it's sad instead of trying to be like them or compete with them they waste their time hating. Plus he's the 7th Duke of Westminster so meaning for 7 generations now his family was able to maintain their wealth and that say's a lot.
These simpletons. He doesn’t own the value of the estate and company. He is the head of a trust. He manages the estate so that future generations can benefit. Does Corbyn really believe he can manage those properties better than the duke that has his reputation to hold him to account?
The Grosvenor Group is not a trust and The Duke of Westminster and his family do own it
I currently live in Pimlico which was land that his Grandfather once owned. It's a pleasant part of London sited North of the Thames between Vauxhall and Chelsea Bridges.
Pimlico was handed over to the Government as a means of payment for death duties from the current Duke's Grandfather. Who says that the rich do not pay taxes!
So they didn't even mentioned which tower he plans to abolish? Clickbait much !!.
Redevelopment is constantly happening. The people will find someplace else to live. It is not Grosvenor’s job to take care of the residents.
Haha the reporter is just embarrassing
You meant this reporter right?.
@@gabrielfrost9134 Yes!!!
"is this fair?" life is not fair, get over it.
Can you imagine the King giving that money to charity. No way.
the royal family do donate to charity
"what value is he adding" we could say that about a lot of entities, but it's a lot easier to blame one rich face than a boardroom of rich faces
You're definitely correct but unfortunately there are too many parts of our economy that earn a lot of money and add no value to society and it's killing us
You could say the Kardashians do not add any value but they go on making billions.
Good on his family for not frittering away their assets over the assets.
A lot of our ancestors (including our parents with their inheritances from the WW2 generation) had a you cannot take it with you attitude. So instead of investing the money to increase their families wealth, they lived large for a couple of years buying consumer goods, going on vacation, etc. Great experiences for them but not the kind of decisions that build wealth from one generation to the next like the Grosvenors.
Reporters never ask the follow up question to the they do not add value, it is unfair reasoning. So what do you plan on doing about these financial assets? Tax the families until everyone is equally wealthy? Confiscate the assets? What?
Still don’t know what tower they are referring to🤷🏻♂️
Tower of London
Hughs critics: accuse hugh and his family of not doing enough for society and charity
Also Hugh’s critics: have never done one ounce of charity work between them and probably donated about 2 dollars total to charity
Stop normalising envy! Leave billionaires be.
People don’t seem to remember he is singled out for criticism for his inheritance more than others because, unlike almost anyone else in the UK of such wealth, he had to pay zero inheritance tax
He's 28 and easier to be bullied by old foxes.
Pure jealousy! You can here it in his tone “was given a piece of land”....anyone can get given anything, it’s what you do with it. People leave things to their children, he probably wants that abolished too!
Young Hugh needs an heir and a spare.
I applaud the young Duke for his generous charitable contributions. He seems to be a young man of integrity.
They maintained their wealth. I think they should enjoy it.
This is the Biggest Joke ever
Why you should have all this money?
I just wished Di had married somebody like this man's father. He would have treated her decently and not have another woman in his bed.
Why in the city ?
And all is internet
Hugh and his sister's do alot for the under privileged in the uk
Panoramic was made for get the pic
Why?
People commenting must not be familiar with the area. Some really significant architecture which I doubt the Duke has the maturity which age provides yet, to appreciate. A protected olive tree, and even Belgravia police station are due for demolition. City of Westminster properties are also being abolished as part of the scheme. What has already been built is not only largely uninhabited (bought by overseas investors), but ugly 'modern' (not modernist) boxes that look like they could be from any 'new wealth' city. The older Belgravia owner-residents don't want this. It is going the way CapCo has changed Covent Garden, turning neighbourhoods of historical interest into Instagram theme parks. I hope the Duke understands were he in an rta, he'd need the NHS and local police to assist, the very people being squeezed out, after generations have happily coexisted with the more gentrified owners for a long time. I in now way envy this young man the burden of such wealth, however I do hope he has the courage to change his plans if has a change of heart. Thoroughly enviable architecture being demolished and families young and old uprooted for no greater good.
Sprint es una señal de eso
Seizing assets for use by the state, Lenin would be proud
No hay ley verdad ?
Why houston bullin the towe of london
Love you ❤
Wondering how some of the other commenters in here are enjoying the taste of those boots
Woow a value account in young age,OMG marveleus hapend.
Policia local si ves crimen reporta
I try but your publication are milenial and you dont pay the long way
New york we have problem duke hazzard
Getting tired about
No sabe q raro
I am internet
Ropa presta pa programa ropa circo
Daco aca anuncios engañosos tecato luis miguel
He close familiy are the half of america
Este es ataud pa dormir
Ay cerrar a 40
Mexico bien lechones ellos baul full militares pa donde no es van
Q policia arrsto q tv ?
Sobrino tuyo harris fue a oprah a cita de siquiatra
Bisho de world ponrn un programa de nenes de africa