His father was also a chemical industrialist who had established factories in Liverpool, St Helens and Newton-le-Willows.
Richard was sent by his father to study chemistry under Justus von Liebig at the University of Giessen in Hesse-Darmstadt, Germany.In 1852 with financial support from his father he set up an alkali manufacturing factory in Flint, North Wales, in partnership with John Kingsby Huntley and set up a permanent home there.In 1843 he married Jane Moon from Manchester.
They had three sons and a daughter.
Muspratt took an interest in local politics, was a J.P.
and in 1857 was elected mayor of Flint.
In all he was mayor 9 times and in 1877 his wife presented a chain of office to the town.