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John Caudwell Net Worth 2022: Everything You Need to Know!

John Caudwell Net Worth

John Caudwell Net Worth

John Caudwell is a philanthropist and businessman from England with a net worth of $2.9 billion. He was born John David Caudwell on October 7, 1952, in Birmingham, England, and made his wealth in the mobile phone industry. His professional career began when he began working as an apprentice at Michelin.

As a result, he worked as an engineering foreman for several years while pursuing a Higher National Certificate (HNC) in mechanical engineering. In 1987, he and his brother Brian launched a mobile phone business.

The two had purchased 26 mobile handsets from the United States and sold them to British merchants for thousands of pounds each. The Caudwell brothers were so successful that they went on to start the mobile service company Singlepoint in 1993, which has 1.9 million contract users. They sold the company to Vodafone for $650 million a decade later. He used the money to start Phones4U, a mobile handset distributor, in 1996. He sold a majority stake in Phones4U to Providence Equity Partners for $2.8 billion in 2006, after the company had grown into a retail and distribution behemoth.

In 2011, the remaining portion was sold for $272 million. Mr. Caudwell now invests in small and medium-sized businesses as well as excellent London real estate. John is not only a great businessman but also a sports fan and philanthropist. He is well known for being the chairman of the charity Caudwell Children. John Caudwell declares himself the UK’s largest income tax payer, refusing to use offshore tax havens such as Jersey or Monaco.

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John Caudwell Early Life & Career

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John Caudwell Parents & Wife/Girlfriend

John Wife/Girlfriend Name Kate Caudwell (Div.) & Modesta Vžesniauskaitė
John Father’s Name Not Known
John Mother’s Name Not Known

 

John Ethnicity & Net Worth

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