Ruth Richardson

Quick Facts

Full Name	Ruth Richardson
Occupation	Politician
Date Of Birth	Dec 13, 1950(1950-12-13)
Age	74
Birthplace	Taranaki
Country	New Zealand
Horoscope	Sagittarius

Ruth Richardson Biography

Ruth Richardson is one of the most popular and richest Politician who was born on December 13, 1950 in Taranaki, New Zealand. Richardson was born on 13/12/50 in southern Taranaki. Her family has a long history in this area. Her great-grandfather George Pearce was an MP for Patea between 1908 and 1919. Her father was involved in the National Party’s Patea branch. Richardson was raised Roman Catholic and was sent to Sacred Heart College in Wanganui after she finished primary school.

Richardson was nominated by the National Party for the Tasman seat in 1978. Although she won the nomination, in 1978’s election, Richardson failed to defeat Bill Rowling, the incumbent Labour MP. Rowling was at that time the leader of his party. She was invited to run for the Selwyn seat, a National safe seat located just outside Christchurch, which Colin McLachlan held in 1980. She was nominated and elected to Parliament in 1981.

Richardson was a lawyer by profession. She was elected as the Member of Parliament (MP) for Selwyn in 1981. Following the National Party victory in the 1990 election, Richardson was appointed as Finance Minister in the fourth National Government. She supported and carried on the free-market reforms initiated by the preceding Labour Government, and extended them in a significant way with the Fiscal Responsibility Act 1994. Richardon’s economic restructuring—including privatisation of state assets and cuts to social welfare—helped to take New Zealand out of its economic and financial crisis. However, critics have noted the wide-ranging affects on New Zealand’s social fabric including child poverty along with wealth inequality, which were both exacerbated.

When National lost the 1984 election, Richardson became a member of the Opposition. Richardson stood out in National’s caucus for her strong support of the radical economic reforms of the Labour Party’s new Finance Minister, Roger Douglas. These reforms, sometimes known as “Rogernomics”, involved the privatisation of state assets, the removal of tariffs and subsidies, and applying monetarism to control inflation. These reforms were seen by many in the Labour Party as being against the traditional policies of the left-wing Labour Party, but were also opposed by the more conservative wings of the National Party. Particularly hostile were followers of Robert Muldoon, a traditionalist conservative who opposed free market reforms as undermining state authority.

Richardson chose a career as a Parliamentarian at an early age before she had even graduated from high school. Sir Roy Jack, a National Party MP, and a close friend of her family, encouraged her to study law. Richardson received a law degree at the University of Canterbury. She worked at the Department of Justice after she graduated. Andrew Wright, a former colleague of the Department, was Richardson’s husband.

Ruth Richardson Net Worth

Ruth Richardson is one of the richest Politician from New Zealand. According to our analysis, Wikipedia, Forbes & Business Insider, Ruth Richardson 's net worth $5 Million. (Last Update: December 11, 2023)

Ruth Richardson, a New Zealand politician who was born 13 December 1950, is the Minister of Finance for New Zealand from 1990 to 1993. Her 1991 budget, nicknamed the “Mother of all Budgets”, was the catalyst for her economic reforms.

Richardson was first to attempt entering politics when she challenged Sir Roy Jack in 1972’s election for the National Party nomination. Because of the post-census boundary change, Richardson’s Waimarino electorate would become Rangitikei. She not only alienated her mentor but also caused considerable irritation within the party’s higher ranks, who frowned upon challenges to sitting MPs seeking renomination. The party was particularly hostile when Sir Roy Jack was challenged by long-serving MPs. George Chapman, who presided over the selection, said that “The tensions were tremendous” and Roy was eventually confirmed as the candidate. She was a member the non-partisan political lobby organization, the Women’s Electoral Lobby.

When Richardson gave birth during a recess in the 1980s, she had a room in Parliament set aside for her to breastfeed in (although a creche was not established until the 1990s).

Height, Weight & Body Measurements

Ruth Richardson height Not available right now. Ruth weight Not Known & body measurements will update soon.

Who is Ruth Richardson Dating?

According to our records, Ruth Richardson is possibily single & has not been previously engaged. As of December 1, 2023, Ruth Richardson’s is not dating anyone.

Relationships Record : We have no records of past relationships for Ruth Richardson. You may help us to build the dating records for Ruth Richardson!

In 1993, Richardson was awarded the New Zealand Suffrage Centennial Medal.

Facts & Trivia

Ruth Ranked on the list of most popular Politician. Also ranked in the elit list of famous people born in New Zealand. Ruth Richardson celebrates birthday on December 13 of every year.

Richardson was dismissed as Finance Minister following the 1993 election; she resigned from Parliament in 1994. She later joined ACT New Zealand.

Top Facts about Ruth Richardson

1. Ruth Richardson served as New Zealand’s first female finance minister.
2. She implemented controversial economic reforms known as “Ruthanasia.”
3. Richardson was a member of the National Party from 1981-1994.
4. She was born in Wellington, New Zealand in 1950.
5. Richardson studied at Victoria University of Wellington and Harvard University.
6. In 1993, she was named “Finance Minister of the Year” by Euromoney magazine.
7. Richardson left politics in 1994 to pursue business interests.
8. She has since worked as a consultant and board member for various companies.
9. Richardson is known for her advocacy of free-market economics and individualism.
10. Her policies have been both praised and criticized for their impact on inequality in New Zealand society.