Shakespeare was ‘ruthless businessman’

A newly discovered portrait of William Shakespeare, presented by the Shakespeare Birthplace trust, is seen in central London, Monday March 9, 2009. The portrait, believed to be almost the only authentic image of the writer made from life, has belonged to one family for centuries but was not recognized as a portrait of Shakespeare until recently. There are very few likenesses of Shakespeare, who died in 1616. Picture: AP Photo/Lefteris Pitarakis

A newly discovered portrait of William Shakespeare, presented by the Shakespeare Birthplace trust, is seen in central London, Monday March 9, 2009. The portrait, believed to be almost the only authentic image of the writer made from life, has belonged to one family for centuries but was not recognized as a portrait of Shakespeare until recently. There are very few likenesses of Shakespeare, who died in 1616. Picture: AP Photo/Lefteris Pitarakis

Published Apr 2, 2013

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London - New research depicts William Shakespeare as a grain hoarder, moneylender and tax dodger who became a wealthy businessman during a time of famine.

Academics from Aberystwyth University in Wales combed through historical archives to uncover details of the playwright's parallel life as a merchant and property owner whose practices sometimes brought him into conflict with the law.

He was pursued by authorities for tax evasion, and in 1598 he was prosecuted for hoarding grain during a time of shortage.

The academics argue that we can't fully understand Shakespeare unless we study his business-savvy side and the era of hunger in which he lived.

Researcher Jayne Archer said on Sunday that those aspects are overlooked because many people “cannot countenance the idea of a creative genius also being motivated by self-interest.” - Sapa-AP

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