A worldly cardinal $\kappa $ is defined by $V_\kappa \vDash ZFC $ . An inaccessible cardinal $\iota $ is defined in such a way that $V_\iota \ $ is a Grothendieck universe and so provides a model of ZFC. Therefore inaccessible cardinals are worldly. But if they exist the smallest worldly cardinal is singular so not inaccessible.
My question is how can it be that $V_\kappa \vDash ZFC $ and yet not be Grothendieck? For example $V_\kappa \vDash \forall x(set x \implies set \wp x) $ so $V_\kappa $ is closed under $\wp $, and similarly for all the other Grothendieck properties (transitive, infinity, pairs, unions, powers, substitutions). If $V_\kappa $ is worldly shouldn't it therefore be Grothendieck, what am i missing?
In addition to the other answers, I think it's useful to look at a proof for the
Fact. The least worldy cardinal $\kappa$, if it exists, is of cofinality $\omega$.
Proof (Sketch). Let $\lambda$ be a worldy cardinal of uncountable cofinality and fix a well-order $\prec$ of $V_{\lambda}$. Let $(\phi_n \mid n \in \omega)$ be an enumeration of all axioms of $\mathrm{ZFC}$ (or, if you want to, of the theory of $(V_{\lambda}; \in)$) which is closed under subformulae. Let $\lambda_0 = \omega$ and given $\lambda_i$ let $\lambda_{i} < \lambda_{i+1}$ be minimal such that $V_{\lambda_{i+1}}$ contains all the evaluations of the $\prec$-Skolem terms for $(\phi_n \mid n < \omega)$ with parameters in $V_{\lambda_{i}}$, i.e. whenever $\vec{p} \in [V_{\lambda_i}]^{<\omega}$ and $$ (V_\lambda; \in) \models \exists x \phi_{n}(x, \vec{p}), $$ then the $\prec$-least such $x$ is in $V_{\lambda_{i+1}}$. An easy calculation shows that $\kappa := \sup_{i < \omega} \lambda_i$ is wordly. Since $\mathrm{cof}(\lambda) > \omega$ we furthermore have that $\kappa < \lambda$ - hence $\lambda$ is not the least worldly cardinal. Q.E.D.