Henry Hoare (banker)
Encyclopedia
Henry Hoare I known as Henry the Good, was an English banker and landowner.

Career

Born the son of Sir Richard Hoare
Richard Hoare
Sir Richard Hoare was the founder of C. Hoare & Co, one of the United Kingdom's oldest private banks.-Career:Having been raised near Smithfield Market in London, Richard Hoare began his working life apprenticed to a goldsmith. He was granted the Freedom of the Goldsmiths' Company on 5 July 1672....

, founder of C. Hoare & Co
C. Hoare & Co
C. Hoare & Co. is England's oldest privately owned banking house. Founded in 1672 by Sir Richard Hoare, C. Hoare & Co. remains family owned and is currently managed by the 11th generation of Hoare's direct descendants....

 bankers, Henry the Good became a Partner in the bank in August 1702. Together with his father, he became a commissioner for the building of 50 new churches in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 in 1711. Following his father's death in 1719, he managed the bank through the South Sea Bubble of 1720 making a profit of over £28,000 from the crisis. He acquired the Stourhead
Stourhead
Stourhead is a 2,650 acre estate at the source of the River Stour near Mere, Wiltshire, England. The estate includes a Palladian mansion, the village of Stourton, gardens, farmland, and woodland...

 estate in 1717 but died before the new house there had been fully completed.

In 1702 he married Jane Benson; they had three children:
  • Jane (d.1762)
  • Henry Hoare II
    Henry Hoare
    Henry Hoare II , known as Henry the Magnificent, was an English banker and garden owner-designer.-Career:Born the son of Henry Hoare I and educated at Westminster School, Henry Hoare dominated the Hoare family through his wealth and personal charisma. Henry was a partner for nearly 60 years in C...

    (1705-1785)
  • Sir Richard Hoare, Lord Mayor of London 1745-46 (1709-1754)

Further reading

  • Dodd, Dudley, Stourhead, published by The National Trust, 1981
  • Hoare, Henry Peregrine Rennie, Hoare's Bank: A Record 1672-1955, 1932, new edition 1955
  • Hutchings, Victoria, Messrs Hoare, Bankers: A History of the Hoare Banking Dynasty, 2005
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