Michael Flacks
English businessman (born 1967)
From Wikipedia, the free encyclopedia
Michael Flacks (born 1967) is a British investor,[1] and businessman.[2][3] He is the founder, chairman and CEO of Flacks Group, a private investment company based in Miami, Florida.[4][5] Flacks has been associated with investment strategies focused on acquiring and restructuring underperforming businesses and distressed assets.[6][7]
Michael Flacks | |
|---|---|
Flacks in 2019 taken in Germany | |
| Born | 1967 (age 58–59) Manchester, England |
| Occupation | Investor |
| Organization | Flacks Group |
| Known for | Real estate investing |
Career
In 1983, Flacks founded Flacks Group,[8] and over the years, has been involved in acquiring and funding several businesses. As of June 2020, the group’s portfolio of businesses and real estate asset value exceeded $2.5 billion.[9] By 2023, Flacks acquired four additional businesses with a valuation more than $250 million, according to data compiled by Bloomberg.[2] Flacks also has interests in steel industry purchasing the steel plant in city of Taranto, Italy, from ILVA.[10]
Wealth
Flacks has appeared on the Sunday Times Rich List.[11] In 2025, the publication estimated his net worth at £1.681 billion.[12]
Philanthropy
A 10-story community center is slated to be built in the center of Jerusalem by Colel Chabad, an Israeli food security nonprofit affiliated with the Chabad-Lubavitch movement, following a $5 million donation from Michael Flacks.[1]
Flacks through Flacks Family Foundation announced a $3 million matching campaign for Colel Chabad at 2025.[13]