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Billionaire owner of London's richest districts dies

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The Duke of Westminster, a billionaire landowner whose estates sprawl across the ritzy London neighborhoods of Mayfair and Belgravia, has died. He was 64.

Gerald Cavendish Grosvenor is said to have tied Tuesday after suddenly falling ill.

He was worth as much as $12.3 billion.

Read more from CNNMoney.

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