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It has long been assumed that Shakespeareâs father was a small-town glover and dealer in hides and wool, who went from riches to rags. The new research suggests that, far from going bust, John Shakespeare was reinvesting in wool and making even more money than ever, some of it via shady deals.
William's father, John Shakespeare, was a prominent local citizen who served as an alderman and bailiff (important roles in local government). His mother was Mary Arden Shakespeare, after whom Shakespeare named the Forest of Arden in the play As You Like It.