No. 1510
Earl Cadogan & Family
Soaring central London property values and the completion of new developments in the Sloane Square area of Chelsea have helped to raise the net asset value of the Cadogan Group to £2.36bn at the end of 2006. There has of course been a remarkable transformation of Chelsea in the last few years by Earl Cadogan into one of the most fashionable areas of London, indeed Europe.
Having inherited the title from his late father in 1997, Cadogan has presided over a hefty investment programme covering the 90 acre estate. The crowing glory is the new £150m redevelopment of the old barracks and sports ground at Duke of York Square on fashionable Kings Road. Estates, past dividends, quoted investments and personal property add £250m, taking the Cadogan family to around £2.61bn.