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Young Duke Atop One of U.K.’s Oldest Fortunes Faces Backlash

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.