Richard Smith (1707–1776) was an English merchant in the West Indies trade, and director of the East India Company.
Smith was born in Whitehaven, then in Cumberland, or Appleby, Westmorland. He was a merchant and slave owner in the West Indies. When he moved back from Barbados, where he was a plantation owner, to London, he brought five enslaved people with him.
Smith's business assets included a warehouse in Cheapside, and Lys Farm in Hampshire, once used for cattle-breeding. Having bought the farm, near Bramdean, in 1769, he began to make changes to transform it into a gentlemanly estate, Brockwood Park, starting building work on a country house; a wing was added to the house in 1774, and at the end of his life it was a family home. It is now the site of the Krishnamurti Centre, as Brockwood Park.
Smith died on 13 October 1776.
Smith's will left a number of enslaved persons, by name, to his grandchildren. The drafting of the will was intended to keep a substantial estate in trust for Smith's grandchildren; but the effect was otherwise. It was the subject of Chancery proceedings until 1813, when the estate was much diminished.
Benjamin Smith, the younger son, bought sugar plantations in 1781, to provide income from the trust arising from the will. Covered by the will was the advowson for St Mary's Church, Islington, which Richard Smith had purchased in 1771.
With his first wife Elizabeth Crow, widow of Nathaniel Crow or Crowe of Barbados, Smith had three children:
Smith had a step-daughter Mary, from Elizabeth Crow's first marriage: she married John Robinson (1727–1802). After Elizabeth's death Smith married again in 1767, his wife being Lucy Towers, sister of Charlotte Turner's mother Anna.
The descendants of Richard II Smith (Rev. Richard Smith the elder), and the Berney branch of the family, retained connections with slave plantations in the West Indies, and feature in the compensation records made as a consequence of the Slave Compensation Act 1837. The following grandchildren are documented in this way: