Richard Booth
FameRank: 4

"Richard George William Pitt Booth", Order of the British Empire/MBE, is a Wales/Welsh bookseller, known for his contribution to the success of Hay-on-Wye as a centre for second-hand bookselling. He is also the self-proclaimed "King of Hay".

He was educated at Rugby School and the University of Oxford, yet he dreaded seeing how young men like himself left his hometown for the city, and wondered what trade could save this small rural economy. Having inherited the Brynmelyn estate from his uncle, Major Willie Booth, he then opened a second-hand bookshop in Hay-on-Wye, in the old fire station, and took the strongest men of Hay to America, where libraries were closing fast. They bought and shipped books in containers back to Hay-on-Wye. His example was followed by others, so that by the 1970s Hay had become internationally known as the "Town of Books".

On 1 April 1977 Richard Booth proclaimed Hay an "independent kingdom" with himself as king Richard Cœur de Livre and his horse as Prime Minister. The publicity stunt gained extensive news coverage, and resulted in several spin-offs such as "passports" being issued.

On 1 April 2000 Booth followed up with an investiture of "The Hay House of Lords" and created 21 new hereditary peers for the "Kingdom of Hay".

More Richard Booth on Wikipedia.

The bootho will be more widely spread than the euro.

While this whole thing is being settled, investors are standing in the corner with their pockets inside out, ... Individual investors didn't lose a lot of money in this thing, but that doesn't make it easier to say 'I got cheated here, I have nothing to show for it and now I'm just supposed to move on.'