Mark Thatcher Biography
(Businessman and Son of Margaret Thatcher, Prime Minister of the United Kingdom from 1979 to 1990)
Birthday: August 15, 1953 (Leo)
Born In: Dartford, Kent, England
Sir Mark Thatcher, 2nd Baronet, is a British businessman, better known as the son of former Prime Minister of the UK Margaret Thatcher. Both the professional and personal lives of Mark are marked with controversies, scandals, and shady dealings. His initial business endeavors raised doubts that he was taking advantage of his mother’s position in advancing his business. His name did the rounds in corruption allegations associated with the ‘Al-Yamamah’ arms deal. However, he denied that he had received payments or had exploited his mother's position to further his business. Reportedly, he was warned time and again that he was damaging his mother’s reputation and was finally prohibited from living in Britain. After leaving Britain, he lived in the US, Spain, South Africa, Monaco, Barbados, Guernsey, Switzerland, and Gibraltar. The 2004 Equatorial Guinea coup d'état attempt drew international attention after Mark’s involvement in funding the coup was reported. He was convicted and then received a 4-year suspended prison sentence. He was also fined in South Africa for this issue. He succeeded his father, Sir Denis Thatcher, 1st Baronet, MBE, CStJ, TD, to the Thatcher baronetcy, following the latter’s death, and became Sir Mark Thatcher.