Margaret Thatcher Net Worth & Legacy

Margaret Thatcher’s wealth: a look at her inheritance of $ 10 million.

What was Margaret Thatcher’s assets?

At the time of her death, Margaret Thatcher was a prominent British politician with a net assets of $ 10 million. She died on April 8, 2013 at the age of 87.

From 1979 to 1990 Thatcher held the office of Prime Minister of the United Kingdom and was the first woman to play this role. She was recognized for her controversial policy in relation to the economic deregulation and privatization of the industries as well as its confrontational attitude towards unions. Throughout her term, she led Great Britain to victory in the Falkland War and survived an attempted attack that was orchestrated by the IRA.

Early life and education

Margaret Thatcher, originally called Margaret Roberts, was born on October 13, 1925 in Grantham, Lincolnshire, England, the son of Beatrice and Alfred Roberts. Her father, a local methodist minister, gave her a strict Wesleyan methodist. During her childhood she visited the Huntingtower Road Primary School and later received a scholarship for Kesteven and Grantham Girls’ School, where she was wearing various extra -curricular activities such as piano, poetry and field hockey. In the middle of the continuing Second World War, she volunteered as a fire guard in the local precautions of the Air RAID pre -view measures.

For her tertiary training, Thatcher wrote down at the Somerville College in Oxford, where she followed a degree in chemistry. She graduated in 1947 and received a master’s degree in 1950. During his time in Oxford, she had the position of the President of the Conservative Association of Oxford University.

Beginnings

After completing her college training, Thatcher moved to Colchester, Essex, where she started her career as a research chemist at BX Plastics. Later she moved to Dartford and took on a similar role in J. Lyons & Co in 1950. It was defeated by Norman Dodds. After these experiments, Thatcher successfully passed the legal examination and qualified as a lawyer in 1953.

Early government positions

Thatcher joined the parliament in 1959 when she was elected MP for Finchley. A few years later she appeared in the front book and served as a parliamentary understate secretary in the Ministry of Pensions and National Insurance. Then she became the spokeswoman for Housing and Land and switched to the shadow box in 1966. The following year she was appointed to the shadow cabinet. After the victory of the conservative party in the parliamentary elections of 1970, Thatcher was appointed Foreign Minister of Education and Science, a role in which she triggered considerable controversy due to her budget cuts for state education, which led to the setting of free milk for school children.

Leader of the opposition

At the beginning of 1975, Margaret Thatcher took on the role of both the leader of the conservative party and the opposition leader. She quickly came to a prominent personality in the Neoliberal Economic Movement in Great Britain, which criticized the welfare state and campaigned for reduced taxation and reduced state intervention. In addition, her foreign policy speech, which the Soviet Union condemned, brought her the nickname “Iron Lady”.

prime minister

As Prime Minister of the United Kingdom, a position that she reached in 1979, Thatcher wrote history as the first woman to take this office. During her tenure, she used a number of conservative policies to remedy the hovering inflation of the country and to discontinue an impending recession. Their administration reduced direct income taxes and increased indirect taxes and interest rates. imposed cash limits for public expenses; And shortened financing for social services.

In addition, Thatcher made it easier to deregulate the financial sector and the privatization of state companies and tried to reduce the influence of unions. When the nation was characterized by a deterioration recession, which was characterized by rising unemployment, its popularity took back significantly.

In 1982 Margaret Thatcher achieved public support when the United Kingdom won the Falkland War and collided with a recovery of the economy. This popularity of this popularity led to its re -election in a significant landslide in 1983. The following year, she survived an assassination attempt that was orchestrated by the provisional IRA, which she and other members of the British government should remove during the bombing of a hotel in Brighton. During this time, Thatcher reinforced their confrontations with unions, which culminated in several strikes, in particular an important one that was led by the national union of mining workers.

Although she was exposed to numerous controversy, she secured another landslide victory in 1987. Their unpopular confirmation of the electoral tax and its increasingly critical attitude towards the European Union solved their leadership to challenges. As a result, Thatcher resigned from her position as Prime Minister and leader of the conservative party in 1990.

Life after Downing Street

After her resignation as Prime Minister, Thatcher returned to the House of Commons, where she worked as a constituency parliamentarian until her retirement at the age of 66, a advisory role in the tobacco company Philip Morris.

Private life and death

In 1949 Thatcher came up with the businessman and divorce Denis Thatcher. They married in 1951 and remained united by Denis in 2003. The couple had twins Mark and Carol.

In the early 2000s, Thatcher experienced a number of smaller lines, and later it became known that she suffered from dementia. During a dinner in the House of Lords in early 2008, she collapsed due to low blood pressure and was then hospitalized. The following year she was taken to the hospital again after maintaining a broken arm from a fall. In April 2013, she died from a stroke in London at the age of 87.

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Margaret Thatcher’s legacy remains deeply split. As the first Prime Minister of the United Kingdom, she left British politics indelibly and shaped the economic policy and the international position of the country. While their neoliberal economic reforms such as privatization and deregulation revived the economy, they also triggered considerable social unrest and opposition.

Her convinced attitude on topics such as the Falkland War and the unions brought their violent support and their strong criticism. Thatcher’s net assets of $ 10 million reflects her post-political success, but your term of office and her influence continue to explain debates about the long-term effects of your guidelines.