Mark Thatcher

Sir Mark Thatcher

Born (1953-08-15) 15 August 1953 (age 66)
NationalityUnited Kingdom
EducationHarrow School
  • Diane Burgdorf
    (m. 1987; div. 2005)
  • Sarah Jane Clemence
    (m. 2008)

Sir Mark Thatcher, 2nd Baronet (born 15 August 1953) is a British businessman. He is the son of Margaret Thatcher, former Prime Minister of the United Kingdom, and Sir Denis Thatcher, and is the twin brother of Carol Thatcher.

His early career in business frequently led to questions being raised that he was benefiting from his mother's position, notably in relation to the Al-Yamamah arms deal. He left the UK in 1986, and has since lived in the United States, Switzerland, Monaco, South Africa, Gibraltar, Barbados, Guernsey, and Spain. In 2004 the Sunday Times estimated his wealth at £60 million, most of which they suggested was in offshore accounts.

In 2005 he was convicted and given a four-year suspended prison sentence and a fine in South Africa in relation to the 2004 Equatorial Guinea coup d'état attempt.

He has two children by his first wife, Diane Burgdorf. He married his second wife, Sarah Jane Russell, in 2008. On the death of his father in 2003 he became Sir Mark Thatcher when he succeeded to the Thatcher baronetcy, a hereditary title which had unusually been given to his father in 1990 (this being the only baronetcy created since 1964).[1][2]

Early life

Thatcher and his twin sister, Carol, were born six weeks prematurely by caesarean section on 15 August 1953, the same year that their mother qualified as a barrister. Their early years were spent in Chelsea, London.[3] Their mother was narrowly defeated in her bid to become the Conservative Party candidate in the 1955 Orpington by-election. She was first elected to Parliament at the 1959 general election. The children, aged six at the time, featured in her first television interview.[3] His sister observed: "All my childhood memories of my mother were just someone who was superwoman before the phrase had been invented. She was always flat out, she never relaxed, household chores were done at breakneck speed in order to get back to the parliamentary correspondence or get on with making up a speech."[3]

Mark was sent to board at Belmont, Mill Hill preparatory school at the age of eight[3][4] and then to Harrow School, which he left in 1971 having passed three O Level exams. He went on to study accountancy but failed his accountancy exams with Touche Ross on three occasions.[5]

The children were 16 years old when their mother entered the Cabinet for the first time as Secretary of State for Education and 25 when she became Prime Minister at the 1979 general election.

Having taken various short-term jobs Thatcher moved to Hong Kong, where he built up a network of business connections, particularly in the Middle East and in motor racing. In 1977 he set up Mark Thatcher Racing, which ran into financial difficulties.[5]

Other Languages
العربية: مارك ثاتشر
čeština: Mark Thatcher
Deutsch: Mark Thatcher
español: Mark Thatcher
Esperanto: Mark Thatcher
français: Mark Thatcher
한국어: 마크 대처
Bahasa Indonesia: Mark Thatcher
italiano: Mark Thatcher
Nederlands: Mark Thatcher
русский: Тэтчер, Марк
svenska: Mark Thatcher
Türkçe: Mark Thatcher