Known as "Tom", he was the tenth child (fifth of second marriage) of Henry Baring and the former Cecilia Anne Windham.

Senator William Bingham who was the former wife of Jacques-Pierre-Alexandre, Comte de Tilly [fr]).

[2] Among his siblings were elder half-brother Henry Bingham Baring, MP for Callington and Marlborough, and younger brothers, Edward, raised to the peerage as 1st Baron Revelstoke, and Evelyn, who inherited Cromer Hall and was raised to the peerage as 1st Earl of Cromer.

Although Tom was the eldest of the partners, his nephew John Baring, 2nd Baron Revelstoke became head of the firm.

[6] Her sister, Agnes Barron, had married Baron Alexandre de Stoeckl in 1892, and became lady in waiting to Princess Maria of Greece and Denmark.