Michael James Wallace Ashleyis a British retail entrepreneur who is the founder and former chief executive of Frasers Group plc (formerly Sports Direct International).
He owned the Newcastle United football club between 2007 and 2021.
According to The Sunday Times Rich List in 2023, Ashley is the 49th richest person in the UK with an estimated net worth of £3.84 billion. In August 2021, Ashley announced that he intended to step down as CEO of Frasers Group plc in May 2022, but would remain a director of the main Board.
