Recognition
Arkwright's achievements were widely recognized; he served as high sheriff of Derbyshire and was knighted in 1786. Much of his fortune derived from licensing his intellectual rights; about 30,000 people were employed in 1785 in factories using Arkwright's patents. He died at Rock House, Cromford, on 3 August 1792, aged 59, leaving a fortune of £500,000. He was buried at St. Giles Church in Matlock. His remains were later moved to St. Mary's Church in Cromford.
The Arkwright Society, set up after the bicentenary of Cromford Mill, now owns the site and works to preserve the industrial heritage of the area.
Read more about this topic: Richard Arkwright
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