Earl of Richmond and away from any attempts of the French crown to acquire it and the related properties. From 1414 to 1435 the earldom of Richmond was held by John Plantagenet, Duke of Bedford. In 1453 it was conferred on Edmund Tudor, half-brother to King Henry VI. When Edmund's son Henry ascended the throne as Henry VII in 1485, the earldom of Richmond merged in the crown, and for the next forty years there was no further grant of the title. After Henry Tudor, Earl of Richmond, became King Henry VII of England, the title Duke of Richmond was created by the
Edmund Tudor, 1st Earl of Richmond large monetary grants from the King, while Edmund was also given property in Westmorland and Lancashire. Edmund ran a profitable estate and invested in the wool industry based out of Boston, Lincolnshire. The King also granted him the medieval palace of Baynard's Castle, near to the Thames river in London. Edmund was given the wardship of the nine-year-old Margaret Beaufort, Countess of Richmond and Derby, daughter of John Beaufort, 1st Duke of Somerset on 24 March 1453. She was the only heir of Beaufort and a kinswoman of the King. She had descended from the House of Lancaster through the