John Caudwell Net Worth

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.