Billionaire peer Earl Cadogan from one of Britain’s richest families dies at 86
Billionaire peer Earl Cadogan from one of Britain’s richest families has dies aged 86.
The 8th Earl Cadogan worth an estimated £5billion and headed up Cadogan Estates, owners of almost 100 acres of Kensington and Chelsea.
The property empire encompasses more than 500,000 square feet of office space, five embassies, seven schools and more than 30 restaurants and bars.
His death on Sunday, June 11 was announced in in a lengthy family tribute, describing him as having a "strong sense of duty' and a "sincere warmth which engendered a great loyalty and affection".
Conservative Party Chairman and Chelsea and Fulham MP Greg Hands said on Twitter he was 'greatly saddened' to hear of the death of the peer.
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Mr Hands added: "He was ever-present in Chelsea, and cared deeply about this very special part of London, the community, the history, the buildings and the environment. And provided great advice to me as the MP."
The 8th Earl Cadogan pictured wit his wife Dorothy in 2008 (Alan Davidson/REX/Shutterstock)
Charles Cadogan 8th Earl Cadogan passed away on Sunday June 11 (Alan Davidson/REX/Shutterstock)Cadogan Hall posted a notice of his passing reading: "With great sadness, we announce the death of Charles Gerald John, 8th Earl Cadogan KBE DL.
"Lord Cadogan passed away peacefully on 11 June 2023 at home in Chelsea.
"He will be fondly remembered by all who knew him
"The family would politely request a period of privacy during this difficult time."
He was president of the family company at the time of his death, whilst his eldest son Viscount Chelsea, 55, who now becomes the 9th Earl Cadogan, is the chairman, writes the Mail Online.
The Earl was born Charles Gerald John Cadogan in 1937, to his father William - the seventh Earl - and mother Primrose, who was the sister-in-law of the Aga Khan.
Charles Cadogan 8th Earl Cadogan with his wife Dorothy (Alan Davidson/REX/Shutterstock)The family later moved his family to Perthshire, Scotland, with Earl spening much of his childhood there with his three sisters, Sarah, Daphne and Caroline.
He was educated first at Ludgrove preparatory school in Middlesex and then the even more prestigious Eton before he enlisted in the Army as part of mandatory National Service.
He was a second lieutenant in the First Battalion of the Coldstream Guards and served in Germany.
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After completing his stint in the military, the Earl opted to enter the world of finance, getting a job with asset management firm Schroders in the City of London.
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