John Caudwell Net Worth is$2.6 Billion
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Nickname: John David Caudwell
Profession: Entrepreneur, Businessperson, Philanthropist
Nationality: United Kingdom
Date of Birth: 1952-10-07
Place of Birth: Birmingham
John Caudwell Net Worth: John Caudwell is an English businessman and philanthropist who has a net worth of $2.6 billion. Born John David Caudwell on October 7, 1952 in Birmingham, United Kingdom, he has accumulated his fortune in the mobile phone business. He made his career beginnings as he started to work as an apprentice at Michelin. Thus, he spent several years as engineering foreman while gaining a Higher National Certificate (HNC) in mechanical engineering. It was in 1987 that he started to sell mobile phones with his brother Brian. The two have bought 26 mobile devices from the United States and sold them for thousands each to British businessmen. Doing well, the Caudwell brothers went on to set up the mobile service provider Singlepoint in 1993, and thus they have taken on around 1.9 million contract users. One decade later, they sold the company to Vodafone for $650 million. He invested the earnings to found his mobile handset wholesaler, Phones4U, in 1996. After the company turned into a retail and distribution giant few years later, he sold a majority stake of Phones4U to Providence Equity Partners for $2.8 billion in 2006. The remaining share was sold in 2011 for $272 million. Nowadays, Mr. Caudwell is involved in investing in small to medium-sized enterprises and prime London real estate. In addition to being a successful businessman, John is also an avid sportsman and philanthropist. Most notably, he chairs the charity organization, Caudwell Children. Refusing to use offshore tax havens such as Jersey or Monaco, John Caudwell declares himself as Britain's biggest income tax payer.
John David Caudwell (born 7 October 1952) is an English businessman and philanthropist who has made his fortune in the mobile phone business. In 2012, Forbes estimated Caudwell's net worth at $2.6 billion, and ranked him the 464th richest person in the world, 13th in the UK.
Most of his time is now spent on philanthropic work. Caudwell has pledged to give at least half of his wealth away to his charitable foundation on his death.

Caudwell was born in Birmingham but moved with his family as a baby to Stoke-on-Trent and raised in Wellesley Street in Shelton, and with his brother Brian attended Shelton Church of England School, and then Berry Hill High School. His father had a stroke when he was 14 and died 4 years later. His mother lives in the Midlands.
Caudwell abandoned his A-levels to become an apprentice at Michelin, and worked for several years there as an engineering foreman while gaining an HNC in mechanical engineering. Whilst working at Michelin he also ran a corner shop and started a mail order business selling clothing to motor bikers, both of which were successful, his motorcycle clothing business so much so that the manufacturer for a period refused to sell him stock because he was outperforming established retailers.
Being both mechanically knowledgeable and commercially savvy, Caudwell's car sales business evolved out of his acquiring cars to sell to his Michelin colleagues.
In 1986, whilst still trading motorcars, Caudwell became aware of the first of the then new mobile phones, and discovered that there were large profit margins possible, so contacted the American handset maker Motorola to see if he could do a deal.
With his brother Brian, in 1987 Caudwell registered Midland Mobile Phones as a mobile phone wholesaler, taking 26 Motorola mobiles at ??1,350 each. It took 8 months to sell these 26 phones to local plumbers, taxi drivers and television repairmen at a price of ??2,000 each. The company made a loss every month for

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John Caudwell Latest News

Take a tour of Stoke-on-Trent billionaire John Caudwell's lavish £90 million mansion

This is the lavish £90 million mansion Stoke-on-Trent billionaire John Caudwell calls home (well, one of them). With gold gilt pillars and a crystal chandelier, it is far cry from his humble ...
Posted: April 2, 2019, 9:05 pm

Phones4u billionaire John Caudwell vows to leave majority of £1.5bn fortune to charity instead of 5 kids to ‘re-balance rich-poor divide’

Billionaire Mr Caudwell will donate a sizeable chunk of his cash to good causes to 'balance the rich-poor divide' Billionaire Mr Caudwell will donate a sizeable chunk of his cash to good causes to ...
Posted: April 1, 2019, 2:21 am

Phones4U billionaire John Caudwell: Why I'm not leaving my kids all my money

EXCLUSIVE: Mobile phone tycoon John Caudwell admits his kids will 'still be filthy rich' after his death, but will give away at least 70% of his fortune because he wants the world to be a 'fairer ...
Posted: March 31, 2019, 1:52 pm
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