Blackbeard, or Edward Teach, was killed on November 22, 1718 by British Naval Lieutenant Robert Maynard. During the fierce battle, Blackbeard was shot 5 times and stabbed more than 20 before finally dying of blood loss while reloading his pistol. Maynard then cut off Blackbeard's head and hung it from the bowsprit of his ship. Maynard only recieved a reward of £100 for killing Blackbeard.
There are many legends about Blackbeard's demise. One of the more interesting is the myth that his decapitated body swam around the ship 2-7 times before sinking.