Michael Ashcroft, Baron Ashcroft

Michael Ashcroft, Baron Ashcroft

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 £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.

Read more about Michael Ashcroft, Baron Ashcroft:  Biography, Victoria Crosses, Honours, Books

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