Michael Flacks

Michael Flacks (born 1967) is a British investor and businessman. He is the founder, chairman and CEO of Flacks Group, a Miami, Florida based private equity and investment firm. Flacks acquires underperforming corporate businesses or distressed assets and invests in them to make them profitable again.

As per the Bloomberg Billionaires Index, Flacks has a net worth of approximately $600 million, as of 2023.

Michael Flacks ranks #141 in The Sunday Times Rich List 2024 with £1.23b. His source of wealth is investment, paint and the Flacks Group.

Overview
In 1985, 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.