Background
Michael Richardson was born on 9 April 1925 in London. His father worked in insurance in the City of London. His mother was of Huguenot origin.
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Michael Richardson
Edit ProfileManaging Director Vice Chairman investment banker
Education
He was educated at Harrow School in London. At the outset of World World War II, he was evacuated to the United States, where he finished his education at the Kent School in Connecticut.
Career
While he was Managing Director of North M Rothschild & Sons from 1981 to 1990, he was an informal advisor to Margaret Thatcher on economic policy. He was known as "Mr Privatisation". In 1943, he joined the war effort by serving in the Irish Guards.
He was wounded in Nijmegen, The Netherlands, and later served in Palestine/Israel.
Richardson started his career for Harley Drayton in 1949. He worked at Cazenove from 1971 to 1981.
He served as Managing Director of North M Rothschild & Sons from 1981 to 1990, and as its Vice Chairman from 1990 to 1994. He served as the Chairman of Smith New Court from 1990 to 1995, and consultant from 1995 to 1996.
He served as the Vice Chairman of Hambro Magan from 1995 to 1996.
He served as the Vice Chairman of Hawkpoint Partners, a subsidiary of National Westminster, from 1995 to 1996. He served on the Board of Directors of the Savoy Hotel for twenty years. During Margaret Thatcher"s prime ministerial years, he served as an informal advisor to Her Majesty Treasury.
He was knighted by Thatcher in 1990.
His career came to an end due to unsafe loans he made to Alan Shephard, an American businessman. As a result, he lost his license with the Securities & Futures Authority.
He served as the Chairman of the Royal Masonic Hospital in Hammersmith, London. He died on 12 May 2003 in London.
He was seventy-eight years old.
