John Caudwell
#1004

John Caudwell

United Kingdom 73 years old Self-Made

Overview

Source of Wealth
Mobile phones
Industry
Telecom
Residence
Stoke-on-Trent
Marital Status
Divorced
Children
7

Biography

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.

About

Caudwell is dating Lithuanian cycling champion and former Olympian Modesta Vzesniauskaite.

In 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.