Pitt Street, George Town have lived here for centuries. Pitt Street was named after William Pitt the Younger, who was the Prime Minister of Great Britain between 1783 and 1801. When Captain Francis Light founded Penang Island in 1786, he renamed the island the "Prince of Wales Island" in honour of the Prince of Wales, the new settlement of George Town after King George III and the first street within the settlement after himself. Worried that Prime Minister William Pitt may have felt offended as nothing was named after him, Light felt compelled to name Pitt Street after him. Pitt Street, created soon after
Records of Prime Ministers of the United Kingdom the middle name until the 1980s.) The richest Prime Minister was Lord Derby, with a personal fortune of over £7 million (about £444 million in today's money). The poorest was William Pitt the Younger, who was £40,000 (now over £1 million) in debt by 1800. Three Prime Ministers ultimately died as a result of accidents: Records of Prime Ministers of the United Kingdom The article lists the records of Prime Ministers of Great Britain and of the United Kingdom since 1721. The Prime Minister with the longest single term was Sir Robert Walpole, lasting 20 years and 315 days from