Peter Cruddas Net Worth

Now, the company is worth more than £1.2 billion and is making a big success in the business of foreign currency exchange. A great supporter of the Conservative Party, it was in 2012 that became the co-treasurer of the Party. But after the The Sunday Times reported that the British Prime Minister David Cameron and the chancellor George Osborne received an offer from Cruddas for cash donation of about £250,000, he resigned from his post as the co-treasure. In 2013, he filed a defamation case against the Sunday Times. Cruddas demanded a libel and the court awarded him about £180,000 for the defamation case. A great philanthropist as he is, he formed “Peter Cruddas Foundation” to help children who come from poor background to advance in society. Several famous people chaired his foundation, including Baron Young of Graffham and David Young.