British businessman, politician and Philanthropist Lord Michael Ashcroft has an estimated net worth of $1.48 billion as of 2015, according to Forbes. Lord Ashcroft is by far the richest politician in Britain. He holds dual British and Belizean nationality and is a renowned international business man having made his fortune through a number of investments.
Ashcroft first became involved in UK politics as a major donor and Treasurer of the Conservative Party during William Hague’s leadership. He was made a peer by Hague in 2000 and later served as Deputy Chairman of the Conservative Party between 2005 and 2010. His resignation from the role coincided with the publishing of a document critical of the party’s 2010 election campaign. He attended Norwich School, Royal Grammar School, High Wycombe and Mid-Essex Technical College (now Anglia Ruskin University).