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

Courtenay flips the script

Courtenay spoke at length on Tuesday, addressing several issues that the UDP had raised in their call for his removal, including: his conflict of interest in representing Michael Ashcroft, his constitutional challenge of the recent laws passed to secure ...
Posted: February 16, 2017, 9:20 am

The Billionaire Baron Who Has Transformed How We Understand The U.K. Election

A conservative British tycoon and aristocrat is not the typical profile of a man of the people. But Lord Michael Ashcroft has done more than anyone else to find out who the people want to represent them in Parliament. In the lead-up to next month’s big ...
Posted: April 7, 2015, 3:52 pm

A loyal friend, but never cross him: RICHARD KAY says Cameron must wonder why he made an enemy of Lord Ashcroft

Highly critical of the campaign for failing to articulate a vision of opportunity and prosperity for all, it is tempting to wonder how much better the Tories might have fared had Michael Ashcroft remained a key player. Instead, he has become an outsider ...
Posted: September 20, 2015, 11:30 am
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