OFFICIAL BLOOMBERG LIST: Top 10 Richest People in Saint Lucia & Their Net Worth, As At June 2019
8. Richard Frederick – $ 12 million
Richard Frederick (born 6 August 1965) is a Saint Lucian lawyer and politician who was Minister for Physical Planning, Housing, Urban Renewal and Local Government. Born on 6 August 1965, he is the tenth of twelve children and the last of five boys. Raised in Micoud, on the south east coast of the island, his farming parents worked extremely hard with much sacrifice to educate him and his siblings.
Frederick attended St. Mary’s College from 1977 to 1982, at which time he moved to the Capital Castries to be closer to school. He subsequently studied law in the UK and became barrister. He became a constant fixture on radio, first with the popular Avocat En hall La, then hosting his Can I Help You? legal advice programme on HTS Radio, a show continuing despite his parliamentary status.
He was elected to the Castries Central constituency as an Independent Member of Parliament, having won the by-election held on 13 March 2006, triggered by the resignation of Saint Lucia Labour Party’s MP Sarah Flood-Beaubrun. Subsequently endorsed by the United Workers Party (UWP), he was re-elected for the UWP in the general election of 11 December 2006.
He was sworn in as Minister for Housing, Urban Renewal and Local Government in the government of Prime Minister John Compton on 19 December 2006.
Following Prime Minister Compton’s death, Frederick’s portfolio was expanded to include Urban Renewal and Local Government in the 12 September 2007, cabinet reshuffle under new Prime Minister Stephenson King. He subsequently failed in his bid to become deputy leader of the United Workers Party in 2008.
A powerful criminal attorney, he has amassed millions and was embroiled in Customs scandal, which had to do with him allegedly underpaying customs duties for clearing personal vehicles through Customs. An investigation ensued.