Sir Edward Turner, 1st Baronet facts for kids
Quick facts for kids
Sir Edward Turner, Bt
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|
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Born |
Edward Turner
1691 |
Died | 1735 |
Spouse(s) | Mary Page |
Children | Sir Edward Turner, 2nd Baronet |
Sir Edward Turner, 1st Baronet (born in 1691 – died in 1735) was an important person in England during the 1700s. He was a successful investor and a large landowner. He also held a special title called a baronet.
Edward Turner's Early Life
Edward Turner was born in London in 1691. His father, John Turner, was a wealthy merchant in London. A merchant is someone who buys and sells goods to make money. Edward went to school at Bicester Grammar School.
Just like his father, Edward became a merchant in London. He worked for the East India Company, which was a very powerful trading company at the time. He even became a Director and sometimes the Chairman of this company. In 1732, he served for one year as the High Sheriff of Oxfordshire. This was an important role, like a chief law enforcement officer for the county.
Family and Investments
In 1718, Edward Turner married Mary Page. Her father was Sir Gregory Page, 1st Baronet, who was also a very rich merchant. He made a lot of money from the British East India Company.
Both Edward and his father-in-law invested their money in a company called the South Sea Company. This company's stock price went up very quickly in something known as the South Sea Bubble. But before the price crashed in 1720, they were smart and sold their shares. This meant they made a big profit!
Buying Land and a Special Title
With their new wealth, both men decided to buy more land. Edward Turner bought two large estates, called manors, in Oxfordshire. In 1728, he bought one of the manors in Bicester. The next year, in 1729, he bought the manor of Ambrosden.
In 1733, Edward Turner was given the special title of 1st Baronet of Ambrosden. This title meant he was part of a special group of people, and the title could be passed down in his family. Sir Edward Turner passed away in 1735. His son, Sir Edward Turner, 2nd Baronet, took over his title and estates.