The Rev. Richard Farmer, D.D., was born at Leicester on the 28th of August 1735. He was the second son of Richard Farmer, a wealthy maltster of that town. After receiving his early education in the Free Grammar School of his native place, he was entered in 1753 as a pensioner of Emmanuel College, Cambridge, where he graduated B.A. in 1757 and M.A. in 1760. In the latter year he was appointed classical tutor of his College; which post he held until his election to the Mastership in 1775, when he took the degree of D.D. He served the office of Vice-Chancellor of the University in 1775-76 and again in 1787-88, and on the 27th of June 1778 was chosen the Chief Librarian of the University. In 1780 he was collated to a prebendal stall at Lichfield, and two years later became Prebendary of Canterbury, which he resigned in 1788 on being preferred to a residentiary canonry of St. Paul's Cathedral, London. It is said that he twice refused a bishopric which was offered to him rather than forgo the pleasure of witnessing dramatic performances on the stage. He died on the 8th of September 1797, at the Lodge, Emmanuel College, and was buried in the chapel. A monument, with an epitaph by Dr. Parr, was erected to his memory in the cloisters.

Dr. Farmer, who was an elegant scholar and a zealous antiquary, was somewhat eccentric both in his appearance and manners. It is said of him 'that there were three things he loved above all others, namely, old port, old clothes, and old books; and three things which nobody could persuade him to do, namely, to rise in the morning, to go to bed at night, and to settle an account.[81] His reluctance to settle his accounts, however, was not caused by avarice, but indolence, for he spent a considerable portion of his large income in the relief of distress, and in assisting in the publication of literary works; while his pupils frequently borrowed of him sums of money, well knowing there would be but little chance of a demand for repayment. Dr. Parr, who was one of Farmer's intimate friends, remarked of him 'that his munificence was without ostentation, his wit without acrimony, and his learning without pedantry.' Farmer was a Fellow of the Royal Society, and of the Society of Antiquaries. His only published work was an Essay on the Learning of Shakespeare, which appeared in 1767 and went through four editions, besides being prefixed to several issues of Shakespeare's plays.

Dr. Farmer possessed a well-chosen library, which was rich in old English poetry and plays. He himself said of it 'that not many private collections contain a greater number of really curious and scarce books; and perhaps no one is so rich in the ancient philological English literature; but Dibdin tells us that the volumes 'were, in general, in sorry condition; the possessor caring little for large margins and splendid binding.' The collection was sold by auction by Mr. King, of King Street, Covent Garden, on May 7th, 1798, and the thirty-five following days. The catalogue, of which a priced copy is in the British Museum, contains three hundred and seventy-nine pages, and the lots, including a few pictures, number eight thousand one hundred and fifty-five. The sale realised two thousand two hundred and ten pounds, a sum said to be greatly in excess of that which Farmer gave for his books.

There is a portrait of Dr. Farmer by Romney in Emmanuel College, which has been engraved by J. Jones.