Michael Flacks (born 1967) is a British investor, billionaire and businessman. He is the founder and chairman of Flacks Group, a private investment company based in Miami, Florida. Flacks has been associated with investment strategies focused on acquiring and restructuring underperforming businesses and distressed assets.
Career In 1983, Flacks founded Flacks Group, 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. By 2023, Flacks acquired four additional businesses with a valuation more than $250 million, according to data compiled by Bloomberg. Flacks also has interests in steel industry purchasing the steel plant in city of Taranto, Italy, from ILVA.
Wealth Flacks has appeared on the Sunday Times Rich List. In 2026, the publication estimated his net worth at £1.681 billion and ranked him 98th.
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.
Flacks through Flacks Family Foundation announced a $3 million matching campaign for Colel Chabad at 2025.
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