A BILLIONAIRE from one of Britain's richest families and who was once the chairman of Chelsea FC has died aged 86.
Earl Cadogan's death was sadly confirmed today in a heartfelt statement on his family's website.
The former member of the House of Lords passed away "peacefully" on June 11 at his Chelsea home.
He was the 8th Earl Cadogan and headed up Cadagon Estates, which owns nearly 100acres of Kensington and Chelsea.
His family described him as having a "strong sense of duty" and a "sincere warmth which engendered a great loyalty and affection".
In part of a lengthy statement they said: "Lord Cadogan led a full life. He found enjoyment and amusement readily and was wonderful company, gregarious and voluble. He described himself as a ‘countryman’ and whilst his family business has been very successful under his stewardship, he felt most comfortable in the role of philanthropist."
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Conservative Party Chairman and Chelsea and Fulham MP Greg 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 Earl spent much of his childhood in Scotland with his three sisters.
After finishing school, he joined the Army before becoming second lieutenant in in the First Battalion of the Coldstream Guards and served in Germany.
Following his stint in the military, he got into the world of finance.
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He then briefly served as chairman of Chelsea Football Club in the early 1980s before being made director – which he did for 20 years.
In 2012, he was made a KBE by the late Queen before receiving an Honorary Freeman by the Royal Borough of Kensington and Chelsea.
In 1963 he wed Lady Philippa Wallop and had three kids, Edward, John and Lady Anna-Akrina.
The Earl then married catering expert Jenny Rae in 1989 – but the couple divorced five years later.
And in 1994, he married wife Dorothy who he was still with when he passed.
His family have requested privacy.
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