Charles Cadogan, the 8th Earl Cadogan and one of Britain’s wealthiest real estate executives, passed away on June 11 at the age of 86.
According to the Daily Mail, Cadogan headed up Cadogan Estates, which owns nearly 100 acres of prime real estate in the Kensington and Chelsea sections of London – a span that encompasses over 500,000 square feet of office space plus more than 30 restaurants and bars, seven schools and five embassies. His personal wealth was estimated at roughly $6 billion and he was listed on the Bloomberg Billionaires Index as the 14th richest person in the U.K.
Cadogan inherited a peerage that dated back to the early 18th century and served in the House of Lords as Lord Cadogan.
The Cadogan Estates announced his passing by noting his military service as a young man and his generosity and lack of pretension in his professional life.
“He disliked extravagance and took great pleasure in giving money away both personally and through the Cadogan family charity, something he did discreetly and with great enthusiasm throughout his lifetime,” said the announcement from Cadogan Estates. “He supported most local charities and many national causes too. Despite his desire for discretion, in 2012 he was recognized in the Queen’s Birthday Honors, awarded with the ‘Knight Commander of the Order of the British Empire’ for his philanthropy. His contribution to the wider community was awarded again in 2015, when the Royal Borough of Kensington and Chelsea bestowed him with the highest accolade available to them; ‘Honorary Freeman’ in “recognition of his exceptional service of the Royal Borough and support for local charities.”
Cadogan’s eldest son Edward will inherit his peerage and will be known as 9th Earl Cadogan.
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