Margaret Thatcher

Margaret Thatcher Net Worth 2025: Earnings & Career

Margaret Thatcher, known as the "Iron Lady," was a British stateswoman and politician who served as the first female Prime Minister of the United Kingdom from 1979 to 1990. This article explores her biography, career, earnings, and other aspects of her life.

Personal Profile About Margaret Thatcher

Age, Biography, and Wiki

Margaret Thatcher was born as Margaret Hilda Roberts on October 13, 1925, in Grantham, Lincolnshire, England. She passed away on April 8, 2013, at the age of 87. Thatcher was raised by her parents, Alfred and Beatrice Roberts, with a strict Wesleyan Methodist upbringing. She attended Huntingtower Road Primary School and Kesteven and Grantham Girls' School on a scholarship, where she was involved in various extracurricular activities. Thatcher studied chemistry at Somerville College, Oxford, and later became the president of the Oxford University Conservative Association.

Occupation Prime Ministers
Date of Birth 13 October 1925
Age 99 Years
Birth Place Grantham, Lincolnshire, England
Horoscope Libra
Country England
Date of death 8 April, 2013
Died Place London, England

Height, Weight & Measurements

Margaret Thatcher stood at 5 feet 5 inches (165 cm). There is no detailed information available on her weight or other body measurements.

Height 5 feet 5 inches
Weight
Body Measurements
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Dating & Relationship Status

Margaret Thatcher married Denis Thatcher in 1951, and they remained together until his death in 2003. They had two children, Mark and Carol Thatcher.

Roberts spent her childhood in Grantham, where her father owned a tobacconist's and a grocery shop. In 1938, before the Second World War, the Roberts family briefly gave sanctuary to a teenage Jewish girl who had escaped Nazi Germany. With her elder sister Muriel, Margaret saved pocket money to help pay for the teenager's journey.

During her time at Oxford, Roberts was noted for her isolated and serious attitude. Her first boyfriend, Tony Bray (1926–2014), recalled that she was "very thoughtful and a very good conversationalist. That's probably what interested me. She was good at general subjects".

Roberts's coursework involved subjects beyond chemistry as she was already contemplating an entry into law and politics. Her enthusiasm for politics as a girl made Bray think of her as "unusual" and her parents as "slightly austere" and "very proper". Roberts became President of the Oxford University Conservative Association in 1946. She was influenced at university by political works such as Friedrich Hayek's The Road to Serfdom (1944), which condemned economic intervention by government as a precursor to an authoritarian state.

Roberts married at Wesley's Chapel and her children were baptised there, but she and her husband began attending Church of England services and would later convert to Anglicanism.

In the 1950 and 1951 general elections, Roberts was the Conservative candidate for the Labour seat of Dartford. The local party selected her as its candidate because, though not a dynamic public speaker, Roberts was well-prepared and fearless in her answers. A prospective candidate, Bill Deedes, recalled: "Once she opened her mouth, the rest of us began to look rather second-rate." She attracted media attention as the youngest and the only female candidate; in 1950, she was the youngest Conservative candidate in the country. She lost on both occasions to Norman Dodds but reduced the Labour majority by 6,000 and then a further 1,000. During the campaigns, she was supported by her parents and by her future husband Denis Thatcher, whom she married in December 1951. She trained at the Inns of Court School of Law (now part of The City Law School) and qualified as a barrister in 1953 (specialising in taxation). Denis funded his wife's studies for the bar. Later that same year, their twins Carol and Mark were born, delivered prematurely by Caesarean section.

Parents
Husband Denis Thatcher (m. 13 December 1951-26 June 2003)
Sibling
Children

Net Worth and Salary

At the time of her death, Margaret Thatcher's net worth was estimated to be $10 million. Her income was primarily derived from her political career and later from her writings and speaking engagements.

Thatcher's talent and drive caused her to be mentioned as a future prime minister in her early 20s although she herself was more pessimistic, stating as late as 1970: "There will not be a woman prime minister in my lifetime – the male population is too prejudiced." In October 1961 she was promoted to the frontbench as Parliamentary Secretary to the Ministry for Pensions by Harold Macmillan. Thatcher was the youngest woman in history to receive such a post, and among the first MPs elected in 1959 to be promoted. After the Conservatives lost the 1964 election, she became spokeswoman on housing and land. In that position, she advocated her party's policy of giving tenants the right to buy their council houses. She moved to the Shadow Treasury team in 1966 and, as Treasury spokeswoman, opposed Labour's mandatory price and income controls, arguing they would unintentionally produce effects that would distort the economy.

Career, Business, and Investments

Thatcher's political career was marked by her significant contributions as the Prime Minister of the United Kingdom from 1979 to 1990. She was known for her policies of economic deregulation, industrial privatization, and her confrontational stance towards trade unions. She led the UK to victory in the Falklands War and survived an IRA assassination attempt. Thatcher also authored several books, contributing to her earnings. There is no specific information available on personal business investments or other entrepreneurial ventures beyond her political career.

Margaret Hilda Thatcher, Baroness Thatcher (Roberts; 13 October 1925 – 8 April 2013), was a British stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the longest-serving British prime minister of the 20th century and the first woman to hold the position. As prime minister, she implemented policies that came to be known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.

Alfred was an alderman and a Methodist local preacher. He brought up his daughter as a strict Wesleyan Methodist, attending the Finkin Street Methodist Church, but Margaret was more sceptical; the future scientist told a friend that she could not believe in angels, having calculated that they needed a breastbone 6 feet long to support wings. Alfred came from a Liberal family but stood (as was then customary in local government) as an Independent. He served as Mayor of Grantham from 1945 to 1946 and lost his position as alderman in 1952 after the Labour Party won its first majority on Grantham Council in 1950.

After graduating, Roberts secured a position as a research chemist for British Xylonite (BX Plastics) following a series of interviews arranged by Oxford; she subsequently moved to Colchester in Essex to work at the firm. Little is known about her brief time there. By her own account, she was initially enthusiastic about the position, as she had been intended to function as a personal assistant to the company's head of research and development, providing opportunities to learn about operations management: "But on my arrival it was decided that there was not enough to do in that capacity." Instead, she seems to have researched methods of attaching polyvinyl chloride (PVC) to metals. While with the firm, she joined the Association of Scientific Workers. In 1948, she applied for a job at Imperial Chemical Industries (ICI) but was rejected after the personnel department assessed her as "headstrong, obstinate and dangerously self-opinionated". Jon Agar in Notes and Records argues that her understanding of modern scientific research later impacted her views as prime minister.

At a dinner following her formal adoption as Conservative candidate for Dartford in February 1949, she met divorcé Denis Thatcher, a successful and wealthy businessman, who drove her to her Essex train. After their first meeting, she described him to Muriel as "not a very attractive creature – very reserved but quite nice". In preparation for the election, Roberts moved to Dartford, while she supported herself by working as a research chemist for J. Lyons and Co. in Hammersmith, reportedly as part of a team developing emulsifiers for ice cream. As the work was more theoretical in nature than during her prior role with BX Plastics, Roberts found it "more satisfying". While at Lyons, she worked under the supervision of Hans Jellinek, who headed the company's physical chemistry section. Jellinek assigned her to research the saponification of α-monostearin (glycerol monostearate), which has properties as an emulsifier, stabiliser and food preservative. Agar has noted the research may have been connected with the emulsification of ice cream, but only as a possibility. In September 1951, their research was published in the Journal of the Science of Food and Agriculture, a recently launched publication of the Society of Chemical Industry, as "The saponification of α-monostearin in a monolayer". This would be Roberts's sole scientific publication. In 1979, following his former assistant's election as prime minister, Jellinek, by then a professor of physical chemistry at Clarkson University in the United States, said she had done "a very good job" on the project, "showing great determination". She sent Jellinek a congratulatory letter upon his retirement in 1984, and another letter shortly before his death two years later.

In 1954, Thatcher was defeated when she sought selection to be the Conservative Party candidate for the Orpington by-election of January 1955. She chose not to stand as a candidate in the 1955 general election, in later years, stating: "I really just felt the twins were [...] only two, I really felt that it was too soon. I couldn't do that." Afterwards, Thatcher began looking for a Conservative safe seat and was selected as the candidate for Finchley in April 1958 (narrowly beating Ian Montagu Fraser). She was elected as MP for the seat after a hard campaign in the 1959 election. Benefiting from her fortunate result in a lottery for backbenchers to propose new legislation, Thatcher's maiden speech was, unusually, in support of her private member's bill, the Public Bodies (Admission to Meetings) Act 1960, requiring local authorities to hold their council meetings in public; the bill was successful and became law. In 1961 she went against the Conservative Party's official position by voting for the restoration of birching as a judicial corporal punishment.

Jim Prior suggested Thatcher as a Shadow Cabinet member after the Conservatives' 1966 defeat, but party leader Edward Heath and Chief Whip William Whitelaw eventually chose Mervyn Pike as the Conservative shadow cabinet's sole woman member. At the 1966 Conservative Party conference, Thatcher criticised the high-tax policies of the Labour government as being steps "not only towards Socialism, but towards Communism", arguing that lower taxes served as an incentive to hard work. Thatcher was one of the few Conservative MPs to support Leo Abse's bill to decriminalise male homosexuality. She voted in favour of David Steel's bill to legalise abortion, as well as a ban on hare coursing. She supported the retention of capital punishment and voted against the relaxation of divorce laws.

Thatcher supported Lord Rothschild's 1971 proposal for market forces to affect government funding of research. Although many scientists opposed the proposal, her research background probably made her sceptical of their claim that outsiders should not interfere with funding. The department evaluated proposals for more local education authorities to close grammar schools and to adopt comprehensive secondary education. Although Thatcher was committed to a tiered secondary modern-grammar school system of education and attempted to preserve grammar schools, during her tenure as education secretary, she turned down only 326 of 3,612 proposals (roughly 9 per cent) for schools to become comprehensives; the proportion of pupils attending comprehensive schools consequently rose from 32 per cent to 62 per cent. Nevertheless, she managed to save 94 grammar schools.

Social Network

Margaret Thatcher did not have an active presence on social media, as she passed away before the widespread use of such platforms.

Roberts joined the local Conservative Association and attended the party conference at Llandudno, Wales, in 1948, as a representative of the University Graduate Conservative Association. Meanwhile, she became a high-ranking affiliate of the Vermin Club, a group of grassroots Conservatives formed in response to a derogatory comment made by Aneurin Bevan. One of her Oxford friends was also a friend of the Chair of the Dartford Conservative Association in Kent, who were looking for candidates. Officials of the association were so impressed by her that they asked her to apply, even though she was not on the party's approved list; she was selected in January 1950 (aged 24) and added to the approved list post ante.

Around this time, she gave her first Commons speech as a shadow transport minister and highlighted the need for investment in British Rail. She argued: "[I]f we build bigger and better roads, they would soon be saturated with more vehicles and we would be no nearer solving the problem." Thatcher made her first visit to the Soviet Union in the summer of 1969 as the Opposition transport spokeswoman, and in October, delivered a speech celebrating her ten years in Parliament. In early 1970, she told The Finchley Press that she would like to see a "reversal of the permissive society".

Education

Margaret Thatcher received her higher education at Somerville College, Oxford, where she studied chemistry. She graduated in 1947 and went on to earn a master's degree in 1950. She was actively involved in the Oxford University Conservative Association, serving as its president.

In summary, Margaret Thatcher was a groundbreaking figure in British politics, known for her strong leadership and impactful policies. Her legacy continues to be discussed and studied in the context of British history and global politics.

Thatcher studied chemistry at Somerville College, Oxford, and worked briefly as a research chemist before becoming a barrister. She was elected Member of Parliament for Finchley in 1959. Edward Heath appointed her secretary of state for education and science in his 1970–1974 government. In 1975, she defeated Heath in the Conservative Party leadership election to become leader of the opposition, the first woman to lead a major political party in the UK.

Roberts attended Huntingtower Road Primary School and won a scholarship to Kesteven and Grantham Girls' School, a grammar school. Her school reports showed hard work and continual improvement; her extracurricular activities included the piano, field hockey, poetry recitals, swimming and walking. She was head girl in 1942–43, and outside school, while the Second World War was ongoing, she voluntarily worked as a fire watcher in the local ARP service. Other students thought of Roberts as the "star scientist", although mistaken advice regarding cleaning ink from parquetry almost caused chlorine gas poisoning. In her upper sixth year, Roberts was accepted for a scholarship to study chemistry at Somerville College, Oxford, a women's college, starting in 1944. After another candidate withdrew, Roberts entered Oxford in October 1943.

Following her arrival at Oxford, Roberts began studies under X-ray crystallographer Dorothy Hodgkin, the tutor in chemistry for Somerville College since 1934. Hodgkin considered Roberts a "good" student, and later recalled: "One could always rely on her producing a sensible, well-read essay." She opted to read for a classified honours degree, entailing an additional year of supervised research. As her thesis supervisor, Hodgkin assigned Roberts to work with Gerhard Schmidt, a researcher in Hodgkin's lab, to determine the structure of the antibiotic peptide gramicidin S. Although the research made some progress, the peptide's structure proved more complex than anticipated, and Schmidt would only determine its full structure much later; Roberts (by then Thatcher) learned this in the 1960s while visiting the Weizmann Institute, where her former research partner was then working.

Roberts graduated in 1947 with a second-class honours degree in chemistry, and in 1950 also received the degree of Master of Arts (as an Oxford BA, she was entitled to the degree 21 terms after her matriculation). Although Hodgkin would later be critical of her former student's politics, they continued to correspond into the 1980s, and Roberts in her memoirs would describe her mentor as "ever-helpful", "a brilliant scientist and a gifted teacher". As prime minister, she would keep a portrait of Hodgkin at 10 Downing Street. Later in life, she was reportedly prouder of becoming the first prime minister with a science degree than becoming the first female prime minister. While prime minister, she attempted to preserve Somerville as a women's college. Twice a week outside study, she worked in a local forces canteen.

She was a member of Wesley Memorial Church, became a lay preacher and joined the John Wesley Society. She also attended Somerville College Chapel and St Mary's.

In 1967, the United States Embassy chose Thatcher to take part in the International Visitor Leadership Program (then called the Foreign Leader Program), a professional exchange programme that allowed her to spend about six weeks visiting various US cities and political figures as well as institutions such as the International Monetary Fund. Although she was not yet a Shadow Cabinet member, the embassy reportedly described her to the State Department as a possible future prime minister. The description helped Thatcher meet with prominent people during a busy itinerary focused on economic issues, including Paul Samuelson, Walt Rostow, Pierre-Paul Schweitzer and Nelson Rockefeller. Following the visit, Heath appointed Thatcher to the Shadow Cabinet as fuel and power spokeswoman. Before the 1970 general election, she was promoted to shadow transport spokeswoman and later to education.

The Conservative Party, led by Edward Heath, won the 1970 general election, and Thatcher was appointed to the Cabinet as Secretary of State for Education and Science. Thatcher caused controversy when, after only a few days in office, she withdrew Labour's Circular 10/65, which attempted to force comprehensivisation, without going through a consultation process. She was highly criticised for the speed at which she carried this out. Consequently, she drafted her own new policy (Circular 10/70), which ensured that local authorities were not forced to go comprehensive. Her new policy was not meant to stop the development of new comprehensives; she said: "We shall [...] expect plans to be based on educational considerations rather than on the comprehensive principle."

During her first months in office, she attracted public attention due to the government's attempts to cut spending. She gave priority to academic needs in schools, while administering public expenditure cuts on the state education system, resulting in the abolition of free milk for schoolchildren aged seven to eleven. She held that few children would suffer if schools were charged for milk but agreed to provide younger children with 0.3 imppt daily for nutritional purposes. She also argued that she was simply carrying on with what the Labour government had started since they had stopped giving free milk to secondary schools. Milk would still be provided to those children that required it on medical grounds

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