|Net Worth:||$10 Million|
|Date of Birth:||October 13, 1925 - April 8, 2013 (87 years old)|
|Height:||5 ft 5 in (1.66 m)|
|Profession:||Lawyer, Chemist, Scientist, Politician, Statesman, Barrister|
What is Margaret Thatcher’s net worth? How does Margaret Thatcher make her money? Below is the current net worth of Margaret Thatcher and how Margaret Thatcher makes her money.
What is Margaret Thatcher’s Net Worth?
Margaret Thatcher was a British politician who had a net worth of $10 million dollars at the time of her death. Margaret Thatcher died on April 8, 2013, at the age of 87.
Margaret Thatcher was born Margaret Roberts on October 13, 1925, in Grantham, Lincolnshire, England to Beatrice and Alfred. Her father, a local Methodist pastor, instilled strict Wesleyan Methodist values in her.
Thatcher attended Huntingtower Road Primary School when she was young. She obtained a scholarship from Kesteven and Grantham Girls’ School. She took part in several extracurricular activities there, such as field hockey, poetry, and piano.
Thatcher worked as a fire watcher for the neighborhood Air Raid Precautions group when World War II was still going on. Thatcher attended Somerville College in Oxford for her post-secondary schooling and majored in chemistry there.
She obtained her undergraduate degree in 1947 and a master’s degree in 1950. Thatcher oversaw the Oxford University Conservative Association while she was a student there.
Initial Career Stage
Thatcher relocated to Colchester, Essex after receiving her degree to work as a research chemist with BX Plastics. Later, she relocated to Dartford and started working as a research chemist for J. Lyons & Co.
Thatcher first entered politics in 1950 as the Conservative nominee for the Labour-held seat in Dartford. In 1951, she ran again. She was defeated by Norman Dodds on both occasions. Thatcher then passed the bar test and became a qualified barrister in 1953.
When Thatcher was elected as the MP for the Finchley constituency in 1959, she became a member of Parliament. She received a promotion to the front bench as the Parliamentary Undersecretary for the Ministry of Pensions and National Insurance a few years later.
Thatcher later moved to the Shadow Treasury in 1966 after serving as the Housing and Land spokesperson. The following year, she was given a position in the Shadow Cabinet. Thatcher was chosen to serve as Secretary of State for Education and Science following the Conservative Party’s victory in the 1970 general election.
When she was in that position, she caused a stir when she eliminated free milk for schoolchildren as a result of budget cuts to the state’s education department. Thatcher assumed leadership of the Conservative Party and the Opposition at the beginning of 1975.
She quickly rose to prominence in the UK as the face of a neoliberal economic movement that favored lower taxes and less government intervention while criticizing the welfare state. Thatcher earned the moniker “Iron Lady” as a result of her foreign policy speech in which she criticized the Soviet Union.
Margareth Thatcher As The Prime Minister
Thatcher became the country’s first female prime minister when she was elected in 1979, making history. As prime minister, she implemented a number of conservative measures, notably economic ones aimed at reducing the UK’s high inflation rates and averting a coming recession.
In addition to lowering direct income taxes and raising indirect taxes and interest rates, she also reduced spending on social programs and implemented cash spending caps. Thatcher attempted to weaken the influence of trade unions and oversaw the deregulation of the financial sector as well as the privatization of state-owned enterprises.
Thatcher lost support when the UK’s recession worsened and jobless numbers shot through the roof. When the UK won the Falklands War in 1982 and the economy started to improve, Thatcher regained support. The following year, in 1983, she was easily re-elected.
The next year, the Provisional IRA attempted to assassinate her in connection with the Brighton hotel bombing, along with other members of the British government. Thatcher persisted in her attacks on trade unions during this time, which led to several strikes, including a significant one by the National Union of Mineworkers.
In spite of the scandals, she won reelection in a landslide in 1987. She did, however, face a leadership challenge as a result of her unpopular support for the poll tax and her growing skepticism about the European Union. As a result, Thatcher resigned in 1990 as prime minister and party leader.
Thatcher rejoined the House of Commons in her capacity as a constituency parliamentarian after leaving office as prime minister. She held this position until 1992 when she decided to retire at the age of 66. Thatcher thereafter created her own foundation, published two memoirs, and started working as a consultant for Philip Morris.
Relationship And Death
Thatcher first met businessman and divorcee Denis Thatcher in 1949. When they got married in 1951, they stayed together till Denis passed away in 2003. The Thatchers had twins, Mark and Carol, together.
In the early 2000s, Thatcher experienced several minor strokes. She later developed dementia and it was discovered. Early in 2008, she experienced a blood pressure falls at a House of Lord’s supper and was sent to the hospital.
The following year, Thatcher had to go back to the hospital after breaking her arm in a fall. She died of a stroke in London in April 2013 at the age of 87.
Here on Networthforum, we calculate all net worths using data drawn from public sources. Most times, we incorporate tips and feedback received from the individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of Margaret Thatcher. So feel free to check back for the current Margaret Thatcher net worth in case of any update on her net worth