Michael Ashcroft

$2.02B

as of 10/04/24

About Michael Ashcroft

Michael Ashcroft's fortune comes from buying and selling a number of companies, most notably home security giant ADT.

He purchased ADT in 1987 then flipped it to Tyco International in 1997 for $6.7 billion; proceeds from the sale still form the bulk of his fortune.

A longtime Conservative Party supporter, he served as deputy chairman from 2005 to 2010, and stepped down from the House of Lords in March 2015.

Ashcroft is also a major investor in Belize and previously served as the Belizean Ambassador to the United Nations from 1998 to 2000.

Personal stats

Citizenship

United Kingdom

Source of wealth

Security

Residence

Turks and Caicos Islands, Turks and Caicos Islands

Birth date

01/01/46 (age 78)

Self-made

self-made

Michael Ashcroft’s fortune is worth

34K

troy ounces of gold

31K

median U.S. household

20K

median U.S. income

0.04%

U.S. credit card volume

0.008%

GDP of the United States

0.006%

United States debt

Net worth history

Annual ranking

Did you know?

In 2015 he released "Call Me Dave", a scathing unauthorized biography of Prime Minister David Cameron that included salacious allegations of drug use and snobbery.

Net worth over time

Real-time ranking

Financial assets

NYSE | ABM-US

ABM Industries

LONDON | CIHL-GB

Caribbean Investment Holdings

LONDON | MRIT-GB

Dods Group

LONDON | JWNG-GB

Jaywing PLC

LONDON | MRL-GB

Marlowe Plc

LONDON | GUS-GB

Shellproof