Stephen Courtauld (1883-1967) was a member of the wealthy English Courtauld textile family. He did not enter the family business but his wealthy background enabled him to travel extensively and to pursue cultural and philanthropic interests – most notably, the redevelopment during the 1930s of Eltham Palace in Eltham, south-east London.

Serving in the Artists’ Rifles during the First World War, Courtauld won the Military Cross in 1918. After the war, in 1919, as an enthusiastic mountaineer, he completed the first ascent of the Innominata face of Mont Blanc in the French Alps. Also in 1919, he met his future wife, Virginia (nee Peirano), who he married in 1923.

Courtauld was a trustee of the Royal Opera House in London's Covent Garden, and provided financial support for the Courtauld Galleries in Cambridge’s Fitzwilliam Museum. He was the younger brother of Samuel Courtauld, founder of the Courtauld Institute of Art.

He undertook the redevelopment of Eltham Palace with his wife. They employed architects John Seely (1899-1963) and Paul Paget (1901-1985) to design a new private house in the Art Deco style to adjoin the existing Palace building, which was extensively restored.

The Courtaulds left Eltham Palace in May 1944 to live in Scotland. In 1951 they moved again, to Southern Rhodesia, now Zimbabwe. After Stephen’s death in 1967, Virginia moved to Jersey in 1970 where she died in 1972.