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]
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]
References
- ^ Syal, Rajeev (1 November 2016). "HMRC investigating £1.9bn in potential tax avoidance by super-rich". The Guardian.
- ^ a b Crace, John (4 November 2016). "The Spectator hands out more of its sad awards – where was mine?". The Guardian.
- ^ "Shanly Group Limited". Companies House. Retrieved 22 October 2015.
- ^ a b "100 influential Berkshire and Buckinghamshire men".
- ^ "About Us". The Shanly Group. Retrieved October 21, 2015.
- ^ "Company Overview of Shanly Homes Limited: Michael Shanly". Bloomberg Business. Retrieved October 21, 2015.
- ^ "Offices, Moorings, Retail, Storage and Industrial units to let". www.sorbonestates.com.
- ^ Grant, Pete (June 6, 2014). "Shoppers slam 'hypocritical' pop-up shop scheme". Bucks Free Press. Retrieved October 21, 2015.
- ^ "Partnership for the Rejuvenation of Maidenhead". Royal Borough of Windsor and Maidenhead.
- ^ "PRoM delight at Town of the Year award for Maidenhead". www.sorbonestates.com.
- ^ "Artist impressions show next stages of Chapel Arches development".
- ^ a b c "Sunday Times Rich List". The Sunday Times. No. 56. April 26, 2015.
- ^ a b c "Guilty tax dodger to pay £469,000". BBC News. 4 July 2012.
- ^ "Sunday Times Giving List 2015". www.cafonline.org.
- ^ "Scout groups could win £100,000 in Shanly Foundation competition backed by Bear Grylls".
- ^ "Woodhouse Eaves win £100,000 to build their dream HQ".
- ^ "Shanly Homes - Our partners - Partnerships - The Woodland Trust". www.woodlandtrust.org.uk.
This page was last edited on 8 January 2024, at 16:57