Smith was born at Stepney in 1713, and was killed by falling from a horse at Stratford, Essex on 8 February 1777. He was the son of Charles Smith, a mill-owner, and his wife Anne. Smith was educated at Ratcliff grammar school and then joined his father's business. He became wealthy and purchased an estate at Stratford, where he became a magistrate and lived the life of a gentleman. He married Judith Lefevre, the grand-daughter of a Huguenot refugee, in 1748; they had two children.
From The Biographical Dictionary of British Economists in Oxford Reference.