He married Joyce, daughter of John Barrett, of Aveley, Essex, and widow of Sir James Wilford, soldier and politician.
[2][3] Her son William Herbert, 1st Baron Powis (1572–1655) was Lord High Steward to Elizabeth I and is a candidate for "Mr WH", the dedicatee of Shakespeare's sonnets.
[7] Egerton was dismissed from office by Mary I's government in 1555, and from that time until 1571 control of the Tower Mint was essentially in the hands of Thomas Stanley.
[8][9] As head officer of the Tower Mint, Stanley supervised the great Elizabethan recoinage which was planned from the beginning of the reign and was carried out between December 1560 and October 1561.
His inability to properly account for his funds during the reign of Queen Mary led to the confiscation of his properties on 2 October 1571, and he died two months later, on 15 December 1571.