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Michael Ashcroft
Michael Anthony P. Ashcroft, Baron Ashcroft, (born 4 March 1946) is an international businessman and politician. He is a former Deputy Chairman of the Conservative Party and the 74th richest person in the UK, as ranked by the ''Sunday Times Rich List 2015'', with an estimated fortune of £1.32 billion. Ashcroft holds dual British and Belizean nationality, and is a belonger of the Turks and Caicos Islands.
He sat on the Conservative benches of the House of Lords until 2015, having been ennobled as a life peer in 2000. His peerage was controversial due to his status as tax exile. The Cabinet Office stated that he would take up permanent residence in the UK for tax purposes,〔〔 however it was revealed a decade later that he had not done so.〔
==Biography==
Born in Chichester, West Sussex, 〔 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.〔Fran Abrams. "(Ashcroft to give £5m to his old college )". ''The Independent''. 25 May 2000. Retrieved 20 July 2011.〕
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