Thatcher's Fortunes: The Life and Times of Mark Thatcher

Thatcher's Fortunes: The Life and Times of Mark Thatcher

by Mark Hollingsworth (Author), PaulHalloran (Author)

Synopsis

But the bigger question on everyone's minds during the saga has been: just how has the son of the former Prime Minister made his fortune? For the first time, "Thatcher and Son" provides the answers. It reveals that Margaret Thatcher was far more involved in helping her son enrich himself - and indirectly their family - while she was Prime Minister than was realised. For most of the Thatcher decade, Mark lived in the USA, married to 'an ordinary Texan millionairess. From that base, he exploited his famous name for commercial gain. He was a middleman on a multi-billion arms deal with Saudi Arabia, private security contracts in America and oil ventures in Africa. In recent years, Mark Thatcher has led a semi-secluded life in South Africa, although he continued to consort with arms dealers. Now, his connections with mercenaries who were attempting to topple the president of Equatorial Guinea have propelled him back on to the front pages. Packed with new revelations about Mark and Lady Thatcher's financial and commercial affairs, this book also provides an insight into the twilight worlds of international arms-dealing and oil trading. But at its heart, Thatcher and Son is an insider's account of one of the world's most famous political dynasties.

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More Information

Format: Hardcover
Pages: 240
Edition: 1st Edition
Publisher: Mainstream Publishing
Published: 08 Sep 2005

ISBN 10: 184018972X
ISBN 13: 9781840189728
Book Overview: When Mark Thatcher was charged with financing an illegal coup by mercenaries to overthrow the oil-rich regime in Equatorial Guinea, people were stunned but also intrigued. The news made headlines across the globe and once again the son of Lady Thatcher was thrust into the spotlight of controversy, skullduggery and dubious business ventures. In January 2005, he pleaded guilty to breaking anti-mercenary laws by unwittingly financing a helicopter that was to be used by the rebels. That, he hoped, would draw a line under the affair.

Author Bio
Mark Hollingsworth is an investigative journalist and writer. He is the author of eight books, notably Defending the Realm: MI5 and the Shayler Affair and Saudi Babylon: Torture, Corruption and Cover-Up Inside the House of Saud. Paul Halloran was the chief investigative reporter of Private Eye from 1980 until 1992. He is also the co-author of A Bit On the Side: Politicians and Who Pays Them.