Michael Shanly | |
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Born | Michael James Shanly December 1945 (age 78)
High Wycombe, England |
Michael James Shanly (born December 1945) is a British multimillionaire businessman. He is the founder of the Shanly Group, a housebuilder and commercial property investment firm. He was the only Briton to be "publicly identified" for failing to declare taxes on his Swiss bank account. Swiss Leaks. [1] [2]
Michael James Shanly was born in December 1945. He was born in High Wycombe. [3] He lives at Hurley, Berkshire. [4]
Shanly founded the Shanly Group, a property company headquartered in Beaconsfield, Buckinghamshire in 1969. [5] [6] Its commercial property subsidiary, Sorbon Estates, has invested in market towns including Amersham, Marlow, Maidenhead, Windsor, Berkhamsted and Weybridge. [7] [8] Michael Shanly is a founder member of The Partnership for the Rejuvenation of Maidenhead (PRoM) [4] a group established in 2008 with a desire to regenerate the town centre. [9] [10] As part of this, Shanly Homes has created Chapel Arches, a three phase scheme off the High Street which will provide 242 new homes across more than three acres, linking with the Maidenhead Waterways project. [11]
Overall, Shanly is the owner of nine companies. [12]
According to the Sunday Times Rich List, Shanly was worth an estimated GBP£265 million in 2014. [12] As of 2015, he is worth an estimated GBP£320 million. [12] In 2012, he was found guilty of tax evasion on his mother's inheritance via a Swiss bank account. [13] He was fined GBP£469,444 for it. [13] He was the only Briton to be "publicly identified" for failing to declare taxes on his Swiss bank account prior to Swiss Leaks. [2] This money had already been donated to a children's charity in 2008. [13]
In 2015, Michael Shanly was ranked 122nd in Britain's top 200 donors. [14]
In 2017, the Shanly Foundation teamed up with The Scout Association to launch a Building Futures competition to improve meeting places for Scout Groups. Offering 12 prizes ranging from £5,000-£100,000 this was the Foundation's biggest donation to date. [15] The Woodhouse Eaves Scout Group in Loughborough was announced as the main winner and was awarded £100,000 to build a new Scout hut. Michael Shanly himself is a former Scout. [16]
The Shanly Foundation has also had a long-standing partnership with The Woodland Trust since 2010. The Shanly Foundation has helped raise more than £350,000 and funded the planting of more than 20,000 trees specifically in the Heartwood Forest, Hertfordshire. [17]