Michael Ashcroft

$2.00 B

Ranked #2038 in World

About Michael Ashcroft

Michael Anthony Ashcroft, Baron Ashcroft of Chichester, born in the UK in 1946, is an influential figure in both the business and political spheres. With beginnings in British Honduras and comprehensive education in England, Ashcroft founded a business empire starting with Michael A. Ashcroft Associates in 1972. His sharp acquisitions, including ADT Security Services which sold for billions, positioned him prominently in the corporate world. Ashcroft, a life peer and significant Conservative Party donor, has a complex history filled with notable successes and controversies, spanning tax debates, political influence, and international business dealings, particularly in Belize. His diverse contributions extend into philanthropy, military support, and literary works, grounding his reputation as a multifaceted leader and philanthropist.

Born

January 01, 1946 in Chichester, West Sussex, England

Age

80 years

Source Of Wealth

Security

Industries

Finance & Investments

Citizenship

United Kingdom

Residence

Turks and Caicos Islands

Spouse

Wendy Burrell (1972-1984), Susan Anstey (1986-present)

Children

Michael Anthony Ashcroft, Baron Ashcroft, was born on March 4, 1946, in Chichester, West Sussex, UK. His father was a British colonial civil servant, and Ashcroft spent his early years in British Honduras (now Belize) and Malawi. He received his education at Norwich School, Royal Grammar School, High Wycombe, and Mid-Essex Technical College (now Anglia Ruskin University), where he obtained a Higher National Diploma in Business Studies.

Michael Ashcroft: Family

Ashcroft has been married twice. His first marriage was to Wendy Mahoney from 1972 to 1984, and his second marriage is to Susan Anstey, which began in 1986 and continues to the present. He has two sons and one daughter from his first marriage.

Michael Ashcroft: Career Highlights

Ashcroft started his own business, Michael A. Ashcroft Associates, in 1972 at the age of 26. Throughout his career, he made several profitable acquisitions and divestments. Notable acquisitions include Uni-Kleen, Hawley Goodall, Cope Allman, Henlys Group, ADT Security Services, and Belize Holdings (BHI). In 1997, he sold ADT to Tyco International for $6.7 billion. Ashcroft also has significant interests in companies like Restore plc, WeAre20:20, and Impellam Group.

Michael Ashcroft: Companies

Ashcroft has been involved with numerous companies throughout his career. He founded Michael A. Ashcroft Associates in 1972 and has made several notable acquisitions and divestments. Some of the companies he has been associated with include Uni-Kleen, Hawley Goodall, Cope Allman, Henlys Group, ADT Security Services, Belize Holdings (BHI), Restore plc, WeAre20:20, and Impellam Group.

Michael Ashcroft: Major Achievements

Ashcroft's major achievements include building a successful business empire, serving as Belize's ambassador to the United Nations, and becoming a life peer in the House of Lords. He is also known for his significant charitable contributions and his support for various causes.

Michael Ashcroft: Awards & Achievements

Ashcroft has received several awards and recognitions for his contributions to business, politics, and philanthropy.

These include being appointed Knight Commander of the Order of St Michael and St George (KCMG), Knight Grand Cross of the Order of the Holy Trinity (Ethiopia), and Chancellor of Anglia Ruskin University for 20 years. He was also sworn in as a member of the Privy Council of the United Kingdom.

Michael Ashcroft: Personal Life & Legacy

Ashcroft owns a Dassault Falcon 7X private jet, two 150-foot yachts, and several properties in the UK and Belize. He is known for his significant charitable contributions and his support for various causes, including founding Crimestoppers, a charity that encourages people to report crime anonymously. Ashcroft is also a collector of Victoria Crosses, with the largest collection in the world.

Michael Ashcroft: Trivia

Ashcroft has been involved in several controversies related to his tax status, political donations, and peerage. He resigned from the House of Lords in 2015. He is also known for his close business and other connections with Belize, where he served as the country's ambassador to the United Nations from 1998 to 2000.

Wealth History

Timeline

March 4, 1946

Michael Anthony Ashcroft, Baron Ashcroft, is born in Chichester, West Sussex, UK.

1972

Starts his own business, Michael A. Ashcroft Associates.

1984

Forms Belize Holdings (BHI) in Belize.

1986

Marries Susan Anstey.

1997

Sells ADT to Tyco International for $6.7 billion.

1998

Serves as Belize's ambassador to the United Nations.

1998

Becomes a major donor and Treasurer of the Conservative Party.

2000

Appointed as a life peer, taking the title Baron Ashcroft of Chichester.

2001

Becomes Chancellor of Anglia Ruskin University.

2005

Serves as Deputy Chairman of the Conservative Party.

2015

Resigns from the House of Lords.

Michael Ashcroft : FAQs

What is Michael Ashcroft's current net worth?

Michael Ashcroft's current net worth is $2.00 billion.

What is Michael Ashcroft's current global rank among billionaires?

Michael Ashcroft holds the 2038th position globally among billionaires.

What is Michael Ashcroft's current ranking within the United Kingdom?

Michael Ashcroft holds the 39th position in United Kingdom.

What was the change in Michael Ashcroft's net worth compared to the previous year?

Michael Ashcroft's net worth decreased by 4.17 million dollars compared to the previous year 2025, when his net worth was 2.00 billion dollars.

What is the recent change in Michael Ashcroft's net worth?

Michael Ashcroft's net worth increased by 0.55 million dollars recently, a 0.03% increase, with his net worth standing at 2.00 billion dollars.

What are Michael Ashcroft's main sources of wealth?

Michael Ashcroft's main source of income comes from Security.

In which industry does Michael Ashcroft primarily operate?

Michael Ashcroft is primarily involved in the Finance & Investments industry.

How old is Michael Ashcroft?

Michael Ashcroft is 80 years old.

How did Michael Anthony Ashcroft establish his business career?

Michael Anthony Ashcroft started his own company, Michael A. Ashcroft Associates, at the age of 26 in 1972. He successfully expanded his enterprise through several notable acquisitions like ADT Security Services and Belize Holdings, ultimately selling ADT to Tyco International in 1997 for $6.7 billion. He also holds significant interests in companies like Restore plc, WeAre20:20, and Impellam Group.

What are some controversial aspects of Lord Ashcroft's politics and peerage?

Lord Ashcroft faced controversies regarding his tax status and political donations during his time as Treasurer and Deputy Chairman of the Conservative Party. He was also criticized for his 'greenmail' tactics and financial dealings involving Belize Bank. Though he was appointed as a life peer in 2000, he resigned from the House of Lords in 2015 amidst these controversies.

What connections does Baron Ashcroft of Chichester have with Belize, and what is his involvement in politics?

Baron Ashcroft has extensive business ties to Belize, with significant interests in telecommunications, property, shipping, and citrus industries. He formed Belize Holdings in 1984 and served as Belize's ambassador to the United Nations. Politically, he's a former Treasurer and Deputy Chairman of the Conservative Party and authored the unauthorized biography of David Cameron which led to the 'Piggate' scandal.

What are Lord Ashcroft's contributions to charities and other activities outside of his business and political career?

Lord Ashcroft is a significant donor to various charities and has founded Crimestoppers. He served as Chancellor of Anglia Ruskin University for two decades, is a supporter of military causes and environmental groups, and is renowned for having the world's largest collection of Victoria Crosses. His philanthropic activities are facilitated through the Lord Ashcroft Foundation.