Michael Ashcroft Net Worth is
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Michael Anthony Ashcroft, Baron Ashcroft, KCMG PC (born 4 March 1946), is an international businessman, philanthropist and politician. He holds dual British and Belizean nationality, and is a Belonger of the Turks & Caicos Islands. Ennobled as a life peer in 2000, he sits in the House of Lords on the Conservative benches. In the Sunday Times Rich List 2009 ranking of the wealthiest people in the UK he was placed 37th with an estimated fortune of A?1.1 billion. On 1 March 2010, after 10 years of holding his tax status as private, he revealed that he did not pay tax on his overseas earnings in the UK. He is a former Deputy Chairman of the Conservative Party.


Born in Chichester, as his father Eric was a British colonial civil servant, Ashcroft spent some of his early years in British Honduras (now Belize) and Malawi.
He was educated 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.
After a period in Belize after completing his education, Ashcroft returned to hitch hike around Europe, and then for a short period of time became the manager of a rock and roll band. In 1967, Ashcroft joined Rothmans as a management trainee.
He left in 1969, joining Pritchard Group Services, after some months on the dole. Pritchard Group was a cleaning and business services company and Ashcroft worked his way up quickly to become an assistant in the company's head office accounting department, part of a large acquisitions team.
In 1972 at age 26, he started his own business, Michael A. Ashcroft Associates. His first acquisition was Uni-Kleen a?? a loss-making cleaning company with one thousand employees, which he purchased for just A?1 in 1974. With a A?15,000 bank loan he worked to turn the company around, selling it just three years later for A?1.3 million.
On exiting Uni-Kleen in 1977, his next purchase was Hawley Goodall, another

Michael Ashcroft Latest News

Anwar Barrow is leaving BTL … but not really leaving!

While the young Barrow has sat as CEO at BTL, his father has agreed to pay an estimated half billion dollars to Lord Michael Ashcroft for the acquisition of BTL, which has seen a lot of litigation since the takeover.
Posted: November 23, 2016, 12:00 am

Lord Michael Ashcroft resigns from House of Lords

LORD Michael Ashcroft has resigned from the House of Lords as he can no longer "contribute meaningfully,” according to the International Business Times. The 69-year-old was treasurer of the Conservative Party from 1998 to 2001, under William Hague and ...
Posted: April 26, 2015, 10:20 pm

GOP Plans Swift Confirmation for Sessions as Attorney General

Ashcroft’s hearing, however ... People For the American Way President Michael Keegan called on the Senate to reject Sessions as attorney general, saying he has not changed since he had a “disastrous record on civil rights” at the time of Sessions ...
Posted: November 29, 2016, 5:30 pm
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