Nathaniel Rich (merchant adventurer)

Nathaniel Rich (1585 - 1636), English merchant adventurer, born about 1585, was probably eldest son of Richard Rich, an illegitimate son of Richard Rich, 1st Baron Rich. His mother was daughter of John Machell, sheriff of London. He had a legal training, and was admitted a member of Gray's Inn on 2 February 1609-10; but he devoted himself first to political life, and later to the role of a mercantile pioneer. He entered Parliament as member for Totnes in 1614, represented East Retford in 1621, sat on a royal commission in Ireland in 1622, and was member for Harwich in 1624-5 and 1626 to 1629. On 8 Nov. 1617 he was knighted at Hatton House.

Rich became a board member of the Somers Isles Company, and later bought shares in the Virginia Company in 1619. Of the latter company he became a prominent member, and when, in April 1623, there occurred the great split between two factions in the company, he took a leading part on the side of his connection, Robert Rich, 2nd Earl of Warwick. In May 1624, when the matter came before the House of Commons, he was specially attacked by the opposing faction, but he sat on the Virginia commission of July 1624.

In 1629 Rich, with the Earl of Warwick and others, found the funds for the first voyage of discovery to Providence Island, off the north-east of Yucatan. On 4 December 1630 they received the patent forming the governor and company of adventurers for the plantation of Providence and Henrietta. To this company Rich seems henceforth to have devoted his best efforts. Many matters of importance, especially regulations and affairs requiring legal handling, were left to him. When fresh funds were required he was always the first to respond. He evidently pursued a forward policy, for in 1635 we find him advocating the admission of all the adventurers to the benefits of the trade of the main. A little later, on his motion, the first local council of Providence was appointed. On 7 May 1635 he was appointed deputy governor of the company, and held the post for about a year. He died before 26 May 1636. It was rumoured that overdoses from an 'antimonial cup' from Massachusetts hastened his end. In his will he named several of the Rich (Warwick) family; he also left money to schools in the Bermudas. He desired to be buried at Stondon, Essex, the manor of which he owned; he left it to a nephew, Nathaniel, probably Nathaniel Rich (d. 1701).

References

Attribution

 This article incorporates text from a publication now in the public domain: "Rich, Nathaniel (1585?-1636)". Dictionary of National Biography. London: Smith, Elder & Co. 1885–1900. 

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Name	Rich, Nathaniel
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Date of birth	1585
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Date of death	1636
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