Yacht Name: Lady M II -
Lord Ashcroft Net Worth: US$ 1.7 billion -
The yacht was built as Lady Marina for Sergio Mantegazza. At Hakvoort in The Netherlands.
Lord Ashcroft is the owner of the yacht Lady M II. Who is Lord Michael Ashcroft? He is a billionaire living in Belize. And a former member of the House of Lords.
Ashcroft made his first investment at the age of 26. When he bought a cleaning company (with 1,000 employees) in distress for GBP 1.
He borrowed GBP 15k (US$ 250.000 in current value) to make some investments. And turn the company around into profit making.
He sold the company three years later for GBP 1.3 million. Which is US$ 22 million in current value.
This money was the basis for several large acquisitions. Notable investments of Ashcroft were British Car Auctions. Which was sold for US$ 600 million. And ADT Security Services. ADT is the largest electronic security company in the United States. It was sold for US$ 6.7 billion.
He owns Belize Bank. Belize Bank is the oldest and largest bank in Belize.
In 2000 Michael Ashcroft received the title Baron Ashcroft. And he was appointed to the House of Lords. Lord Ashcroft was active for the Conservative Party in the UK. He was deputy chairman of the Conservative Party.
Ashcroft wrote several politics related books. Books include Victoria Cross Heroes, Heroes of the Skies and Special Ops Heroes.
In 2015 he co-
His net worth is US$ 1.7 billion. He resides in Belize. And he served as the Belizean Ambassador to the United Nations from 1998 to 2000.
Michael Ashcroft is an active philanthropist. Supporting education and wild life protection. Ashcroft is the founder of CrimeStoppers. Crimestoppers is a crime-
The yacht Lady M II was built as Lady Marina at Hakvoort. It was built for Sergio Mantegazza. She was delivered in 1994 and was designed by Diana Yacht Design. The yacht has a steel hull and an aluminum superstructure.
The yacht’s interior is designed by Donald Starkey Designs. The Lady M yacht is powered by two Caterpillar engines. Which bring her a top speed of 16 knots. Her cruise speed is 13 knots.
The luxury yacht can accommodate 10 guests and a crew of 10. It is believed that Michael Ashcroft also owns the yacht Atlantic Goose.
The boat is not available for yacht charter. The yacht is not listed for sale.
Lord Michael Ashcroft owns a Dassault Falcon 7X private jet. The jet has registration VP-
The BZE refers to Belize, the residence of Lord Ashcroft. The aircraft can accommodate 14 passengers.
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