Wealthy Briton leaves bulk of fortune to charity

British businessman and conservative party deputy chairman Lord Michael Ashcroft is establishing a foundation that will receive 80 per cent of his estimated £1.1 billion ($1.8 billion) fortune when he dies. Ashcroft, who established the non-profit Crimestoppers which, according to its website, helps find criminals and solve crimes, and has made large donations to the UK’s Imperial War Museum and anti-whaling campaigns, said the money would be spent on causes close to his heart, although the foundation’s trustees would have the final say.

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Alliance magazine