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Michael Ashcroft Net Worth

What is Michael Ashcroft’s Net Worth?

In this article, we will discuss the net worth of Michael Ashcroft, a British-native businessman, philanthropist, and politician. Michael Ashcroft has a net worth of $1.4 billion, making him one of the wealthiest individuals in the world. He has accumulated his wealth through founding and selling numerous successful companies.

Early Life and Education

Michael Anthony Ashcroft was born on March 4, 1946, in Chichester, West Sussex, England. He attended Royal Grammar School in High Wycombe and later studied at Anglia Ruskin University. After completing his education, Ashcroft started his career at Pritchard Group Service, where he quickly rose to a managerial position.

Entrepreneurship and Success

In 1974, Michael Ashcroft founded his own business, Michael A. Ashcroft Associates, after acquiring the struggling cleaning company, Uni-Kleen, for just £1. He successfully turned the company around within three years and sold it for £1.3 million. This initial success paved the way for Ashcroft’s future ventures.

One of his most notable deals was the sale of the home security giant ADT to Tyco International for $6.7 billion in 1997. This significant transaction greatly contributed to Ashcroft’s net worth.

Throughout his career, Ashcroft continued to make successful acquisitions, including the purchase of Hawley-Goodall and several other companies.

Political Career and Philanthropy

In addition to his business endeavors, Michael Ashcroft has also had a notable political career. He served as the treasurer and deputy chairman of the Conservative Party.

Despite his success, Ashcroft has had conflicts with the media. In 2009, he won a court battle against U.K.’s Independent newspaper, where he sued the publication for libel.

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Aside from his business and political involvements, Ashcroft is known for his philanthropic contributions. He has a rare collection of 180 Victoria and George crosses, the highest honor granted by Britain to its military and honorary civilians. Additionally, he is a trustee for the Imperial War Museum in London.

In May 2013, Michael Ashcroft signed the Giving Pledge, further showcasing his commitment to philanthropy and making a positive impact in society.


In conclusion, Michael Ashcroft is a highly successful businessman, philanthropist, and politician with a net worth of $1.4 billion. His entrepreneurial ventures, including the sale of ADT, have contributed significantly to his wealth. Despite controversies and legal battles, Ashcroft has made a name for himself not only in the business world but also in the political and philanthropic spheres.


What is Michael Ashcroft’s net worth?

Michael Ashcroft’s net worth is $1.4 billion.

How did Michael Ashcroft accumulate his wealth?

Michael Ashcroft accumulated his wealth through founding and selling numerous successful companies, including the sale of ADT to Tyco International.

What is Michael Ashcroft’s political involvement?

Michael Ashcroft has served as the treasurer and deputy chairman of the Conservative Party.

How is Michael Ashcroft involved in philanthropy?

Michael Ashcroft is a trustee for the Imperial War Museum in London and has signed the Giving Pledge, demonstrating his commitment to philanthropy.

Final Thought

Michael Ashcroft’s success in the business world, his political involvement, and his philanthropic contributions make him a remarkable figure. With a net worth of $1.4 billion, he has established himself as one of the wealthiest individuals globally.

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