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.
John Caudwell Early Life & Career
- John David Caudwell was born in Birmingham, England.
- He is a well-known British businessman.
- In 1987 he registered Midland Mobile Phones as a mobile phone wholesaler, initially taking 26 Motorola mobiles at £1,350 each.
- In 2012, He appeared on Sky One’s The Angel.
- In January 2022 He was the invited guest on the long-running BBC Radio 4 series Desert Island Discs.
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
- His Net Worth is $2.9 Billion.
- John has White ethnicity.