Goldsmith took on the agency for various slimming remedies and branched out into the manufacture of generic prescription drugs. In 1994 he published The Trap, a book detailing his broader political philosophical thoughts, giving a critique of the dominance of Neo-Liberalism in the governments of the First World. , At the 1997 UK general election, Goldsmith stood as a candidate for the Referendum Party in the London constituency of Putney, against the former Conservative Minister David Mellor, MP, in an electoral contest in which Goldsmith polled 3.5% of the vote. , Two months after contesting the 1997 general election, Goldsmith died from the effects of pancreatic cancer at a farmhouse that he owned in Benahavís, southern Spain, on 18 July 1997. In. Election 97 (1997)as Himself - Leader, Referendum Party, Your email address will not be published. James's grandfather Adolphe Benedict Goldschmidt (1838–1918), a multi-millionaire, moved to London in 1895. In 1976 Private Eye accused Goldsmith of being part of what amounted to a conspiracy to obstruct the course of justice in relation to the fugitive Lord Lucan, who was wanted for murder of his children's nanny. In December that year, in the midst of financial chaos, he announced that he had acquired a 51% controlling stake in Grand Union, one of the oldest retailing conglomerates in the US. In 1994 he was elected to represent a French constituency as a Member of the European Parliament. , Goldsmith, a reader of financial statements, realised that in the case of Crown Zellerbach the underlying value of the timberland assets alone, carried at only $12.5m on the balance sheet, was worth more than the target company's total market capitalisation of around $900m. , Goldsmith had become increasingly concerned throughout the 1980s about the nature of the European Economic Community, and harboured a deepening suspicion that at its core lay a desire for the domination of the European continent by Germany, a suspicion which was for him confirmed further when in 1992, via the passage of the Maastricht Treaty, the E.E.C. He set Jim Wood – who had revitalised his British retail operations – to work on rationalising the operations of the chain, but he ran into continuous obstruction from both unions and management. Goldsmith and Franklin identified a quirk in American accounting whereby companies with substantial timberland holdings would often carry them on their balance sheets at a nominal valuation (as the result of years of depreciation). Sales of other parts of the company recouped almost all of the £13m that the acquisition had cost him.
In early 1980, he formed a partnership with longtime friend and merchant banker, Sir Roland Franklin. His son Manes worked for FIFA and CONCAF and has also owned football teams in Mexico.
According to TrendCelebsNow.com, famous Politician James Goldsmith's net worth is $1 Million - $5 Million. He won 8000 pounds on a 10 pound bet on a horse race, then proceeded to drop out of college. French Politician, financier, and publisher who said, 'If you pay peanuts, you get monkeys.' He has been described in the tabloid press as a greenmail corporate raider and asset stripper, a categorisation he has denied vigorously. His parents were Major Frank Goldsmith and Marcelle Moullier.  Mellor had correctly predicted at the count that the Referendum Party was "dead in the water", and indeed the party did disappear with Goldsmith's death two months after the election. These included the French company Générale Occidentale and Hong Kong and then Cayman-registered General Oriental Investments. An acrimonious confrontation between Mellor (who had lost his seat to the Labour Party candidate) and Goldsmith developed on stage after Mellor, in what was to be his valedictory address from politics, personally insulted Goldsmith's candidacy, during which part of the crowd, Goldsmith and some of the other candidates began a gleefully defiant collective repetitive shouting chant of "Out!"
He earned the money being a professional Politician. Later, he took over Allied Distributors, who owned a miscellaneous portfolio of grocery stores and small chains, including the Liptons shops. 'Jonathan Dimbleby' Show, Interview with Sir James Goldsmith, 21 April 1996, ITV Television.
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