Michael Ashcroft Net Worth

$2 Billion         |         Rank #1397

Who is Michael Ashcroft

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. Coming from an average or middle class family, Michael Ashcroft is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1397 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 76.0 years old. As of today, Michael Ashcroft’s net worth is approximately 2 Billion.

Facts about Michael Ashcroft

Net Worth: 2 Billion
Billionaire Rank: 1397
Age: 76.0
Date of Birth: 01-01-46
Gender: Male
Currently Living in: Turks and Caicos Islands, nan, Turks and Caicos Islands
Birth Place: United Kingdom
Source of Wealth: security

To find out what is Michael Ashcroft Net Worth, how he got there and what is Michael Ashcroft Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Michael Ashcroft

Michael Ashcroft was born on 01-01-46 in United Kingdom. But soon moved to Turks and Caicos Islands, nan in the city of Turks and Caicos Islands and spent most of the career building here. He admitted his disappointment that Cameron didn’t tap him for a high-ranking post, but insisted that the book — and its uncorroborated claims — was not revenge. 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.

Michael Ashcroft net worth is estimated at 2 Billion Billion to date.

 

Michael Ashcroft security
Michael Ashcroft Net Worth

Professional Journey

You will see him often in social media.  Michael Ashcroft’s fortune comes from buying and selling a number of companies, most notably home security giant ADT. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. He admitted his disappointment that Cameron didn’t tap him for a high-ranking post, but insisted that the book — and its uncorroborated claims — was not revenge. In his youth, he was adventurous but unknown, but that was years ago. 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. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Michael Ashcroft’s fortune comes from buying and selling a number of companies, most notably home security giant ADT.
It is to be noted that Michael Ashcroft is one of the selfmade billionaires in the world and stands at 1397 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Michael Ashcroft:

How much is Michael Ashcroft worth?

Michael Ashcroft’s net worth is estimated to be 2 Billion.

How old is Michael Ashcroft?

Michael Ashcroft was born on 01-01-46, and is currently 76.0 years old.

What is Michael Ashcroft source of income?

Michael Ashcroft acquires most part of his wealth from security.
 

Concluding Michael Ashcroft Net Worth

Currently with a net worth of 2 Billion, Michael Ashcroft stands at 1397 in the world billionaires list. And draws most of his wealth from security. Hope you like this information about Michael Ashcroft. If you like this, then please share it with your friends. This above post is all about the estimated worth of Michael Ashcroft. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Michael Ashcroft. Actual worth may vary a little. You can always get information by checking out Leaktown.com.