Michael Shanly

Last updated
Michael Shanly
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]

Contents

Personal life

Michael James Shanly was born in December 1945. He was born in High Wycombe. [3] He lives at Hurley, Berkshire. [4]

Career

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]

Philanthropy

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]

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References

  1. ↑ Syal, Rajeev (1 November 2016). "HMRC investigating £1.9bn in potential tax avoidance by super-rich". The Guardian.
  2. 1 2 Crace, John (4 November 2016). "The Spectator hands out more of its sad awards – where was mine?". The Guardian.
  3. ↑ "Shanly Group Limited". Companies House. Retrieved 22 October 2015.
  4. 1 2 "100 influential Berkshire and Buckinghamshire men".
  5. ↑ "About Us". The Shanly Group. Retrieved October 21, 2015.
  6. ↑ "Company Overview of Shanly Homes Limited: Michael Shanly". Bloomberg Business. Retrieved October 21, 2015.
  7. ↑ "Offices, Moorings, Retail, Storage and Industrial units to let". www.sorbonestates.com.
  8. ↑ Grant, Pete (June 6, 2014). "Shoppers slam 'hypocritical' pop-up shop scheme". Bucks Free Press . Retrieved October 21, 2015.
  9. ↑ "Partnership for the Rejuvenation of Maidenhead". Royal Borough of Windsor and Maidenhead.
  10. ↑ "PRoM delight at Town of the Year award for Maidenhead". www.sorbonestates.com.
  11. ↑ "Artist impressions show next stages of Chapel Arches development".
  12. 1 2 3 "Sunday Times Rich List". The Sunday Times. No. 56. April 26, 2015.
  13. 1 2 3 "Guilty tax dodger to pay £469,000". BBC News. 4 July 2012.
  14. ↑ "Sunday Times Giving List 2015". www.cafonline.org.
  15. ↑ "Scout groups could win £100,000 in Shanly Foundation competition backed by Bear Grylls".
  16. ↑ "Woodhouse Eaves win £100,000 to build their dream HQ".
  17. ↑ "Shanly Homes - Our partners - Partnerships - The Woodland Trust". www.woodlandtrust.org.uk.
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