Richard Woolcott was born on 11 June 1927 in Sydney, New South Wales, Australia. He was married to Birgit Christensen. He died on 2 February 2023 in Canberra, Australian Capital Territory, Australia.
He was awarded the A.O. (Officer of the Order of Australia) on June 10, 1985 in the Queen's Birthday Honors List and the A.C. (Companion of the Order of Australia) on June 13, 1993 in the Queen's Birthday Honors List for his services to diplomacy.