Sir Mark Thatcher is a British businessman and the son of The Baroness Thatcher, former Conservative British Prime Minister, and Sir Denis Thatcher, 1st Baronet, and is the twin brother of Carol Thatcher. On the death of his father in 2003 he became Sir Mark Thatcher when he succeeded to the Thatcher baronetcy, a hereditary title which had been given to his father in 1990. Mark was 16 when his mother entered the Cabinet for the first time as Secretary of State for Education and 25 when she became Prime Minister in the 1979 General Election. A few years later, Thatcher became lost for six days in the Sahara Desert while competing in the Dakar Rally.
His father flew to Dakar, and at the height of the search there were nine aircraft from Algeria, France and Britain involved, in addition to the Algerian land forces. Over the years he has been involved in a number of businesses, with his first being Mark Thatcher Racing which he set up in 1977 after moving to Hong Kong. Whilst there he built a wide range of business contacts, creating a network across the Middle East.
Mark has never been far from controversy during his business career, not least when he was forced to deny claims in 1985 that he received millions of pounds in commission in relation to the £45 billion Al-Yamamah arms deal, a controversial arms sale by BAE to Saudi Arabia that was possibly the largest arms sale ever. He is currently the CEO of an international company which employs over 3000 people.
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