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Gresham, Thomas

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Gresham, Thomas (c. 1519–1579)

English merchant financier who founded and paid for the Royal Exchange and propounded Gresham's law: ‘bad money tends to drive out good money from circulation’. He also founded Gresham College in London. The college was provided for by his will, and among the professorships was one for music, which has continued to the present day. Knighted in 1559.



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