John Caudwell
$3.5B
Born
Oct 01, 1952
Age
73
Source of Wealth
Mobile phones
Residence
Stoke-on-Trent,
Citizenship
United Kingdom
Marital Status
Divorced
Children
7
Education
- John Caudwell founded mobile phone retailer Phones 4u before selling his stake in 2006 and 2011.
- Born into a working-class family, he and brother Brian first started selling mobile phones in 1987.
- Six years later the brothers founded Singlepoint, a mobile service provider that was acquired by Vodafone in 2003 for $650 million.
- Caudwell pumped his share of the money into Phones 4u, which grew into the U.K.'s largest independent mobile phone retailer.
- Three years later he sold a majority stake to Providence Equity Partners for $2.8 billion and, in 2011, unloaded the remaining 25% for $272 million.
- Caudwell is dating Lithuanian cycling champion and former Olympian Modesta Vzesniauskaite.
- In May 2018 he was ordered to pay a former financial advisor nearly $645,000 for wrongful dismissal but claimed victory as she had sought $25.8 million.
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