Blunt baronets
title in the Baronetage of Great Britain
The Blunt Baronetcy, of the City of London, is a title in the Baronetage of Great Britain. It was created on 17 June 1720 for John Blunt, the famous perpetrator of the South Sea Bubble, for his good work for the nation of Great Britain. From 1703 he was the secretary of the Hollow Sword Blade Company, a joint-stock company effectively operating as a bank. He was a director of the South Sea Company from 1711. He was the main architect of the ambitious scheme for the company to assume the National Debt, and when the bribery and fraud were revealed, Parliament confiscated all his assets except £5,000, while most directors were allowed to retain £10,000.
His great-grandson, the fourth Baronet, represented Lewes in the House of Commons from 1831 to 1840. His line of the family failed on the death of his son, the fifth Baronet, in 1847. The late Baronet was succeeded by his first cousin, the sixth Baronet. He was the son of Richard Charles Blunt, second son of the third Baronet. He died unmarried and was succeeded by his first cousin, the seventh Baronet.
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This entry incorporates text from “Blunt baronets” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.