Sir Richard Hoare was the 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....

, one of the United Kingdom

United Kingdom

The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

's oldest private banks.

Career

Having been raised near Smithfield Market 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...

, Richard Hoare began his working life apprenticed to a goldsmith. He was granted the Freedom of the Goldsmiths' Company on 5 July 1672. This date marks the foundation 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....

 as it was around then that Richard Hoare established his goldsmith's business at the sign of the Golden Bottle in Cheapside

Cheapside

Cheapside is a street in the City of London that links Newgate Street with the junction of Queen Victoria Street and Mansion House Street. To the east is Mansion House, the Bank of England, and the major road junction above Bank tube station. To the west is St. Paul's Cathedral, St...

, 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...

.

He was knighted by Queen Anne

Anne of Great Britain

Anne ascended the thrones of England, Scotland and Ireland on 8 March 1702. On 1 May 1707, under the Act of Union, two of her realms, England and Scotland, were united as a single sovereign state, the Kingdom of Great Britain.Anne's Catholic father, James II and VII, was deposed during the...

 in 1702, appointed Sheriff of London for 1710 and elected Lord Mayor of London

Lord Mayor of London

The Right Honourable Lord Mayor of London is the legal title for the Mayor of the City of London Corporation. The Lord Mayor of London is to be distinguished from the Mayor of London; the former is an officer only of the City of London, while the Mayor of London is the Mayor of Greater London and...

 for 1712.

He married Susanna Austen; they had 17 children (one of which was Henry Hoare I

Henry Hoare (banker)

Henry Hoare I , known as Henry the Good, was an English banker and landowner.-Career:Born the son of Sir Richard Hoare, founder of C. Hoare & Co 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...

). He died at Hendon

Hendon

Hendon is a London suburb situated northwest of Charing Cross.-History:Hendon was historically a civil parish in the county of Middlesex. The manor is described in Domesday , but the name, 'Hendun' meaning 'at the highest hill', is earlier...

 in January 1719.

Further reading

• Henry Peregrine Rennie Hoare, Hoare's Bank: A Record 1672-1955 (1932, new edition 1955)
• Victoria Hutchings, Messrs Hoare, Bankers: A History of the Hoare Banking Dynasty (2005)