He says he became convinced of the profit-making potential of the retail side only recently, though in typical fashion he is expanding the business rapidly, with a further 70 shops to open this year. Interiors were designed by Athens and London-based Sissy Feida and include a 13-metre crystal floor-to-ceiling hanging chandelier in the grand hall. "We tried everything psychologists, psychiatrists, with varying degrees of success. On the inside I felt the same especially about the staff. Vera star Brenda Blethyn's private home she lives in for half the year, Pregnant Rihanna's family home with rarely seen son under threat, Joanna Gaines' latest home video sparks fan questions, The Repair Shop's Angelina Bakalarou's home is an oasis of calm, Gwen Stefani shares intimate beach video with Blake Shelton from secluded 1,300-acre ranch, Stacey Solomon's major overhaul at Pickle Cottage weeks after giving birth. And an impeccably decorated Thai-themed dining room also steals the spotlight, with stunning blossom trees and a river which a number of the tropical fish Malawi cichlids call home. The first floor has three bedroom suites, including a master bedroom with walk-in dressing room, and two separate marble bathrooms. The renovation ran over time and 55 million over budget and the the results will be seen once again on Channel 4's Britain's Most Expensive Home: Building for a England and Wales company registration number 2008885, Jon Connell explores from this charming boutique hotel just outside the medina, Guests are not short of activities at this five-star Hampshire hotel, The Central American country has much to tempt tourists, The newly renovated farmhouse in southern Italy offers a stylish and tranquil stay, The UK economy has been dealing with one crisis after another since 2007. 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By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. There is also a three-bedroom, three-bathroom staff quarters. Then, one day in 1987, Mr Caudwell, then 34, went to an electronics shop to buy a mobile phone for his business. Other features you might not expect to find in this historic London enclave include a Thai-themed dining room John's favourite food with a river flowing through its centre filled with handpicked African Cichlid fish, all set beneath a preserved 15-foot cherry tree adorned with pink silk blossom. He also started a mobile phone repair centre on his premises, with the manufacturers' blessing. Caudwell has good reason to feel this way. Where is Heidi Klum's model daughter Leni living instead of $9.8m Bel-Air family mansion? Theres also an Art Deco-inspired, lattice-fronted elevator, a cocktail lounge with low-lit velvet booths and a stage for live music plus an adjoining billiards room with a rose-covered ceiling. Its been 16 years, but the UK economy finally has a chance, How to boost your pension pot by over 100,000, The best one-year fixed savings accounts - April 2023, MoneyWeek is part of Future plc, an international media group and leading digital publisher. Today they operate as entirely separate enterprises with no horizontal links or mutually favourable agreements. "They'd say, 'Ooh yeah, that's gorgeous, how much is that?'" It's just an instinct, I know that's the way to do it.". This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. "It's a massive sadness in my life." You can opt-out at any time by signing in to your account to manage your preferences. The property was purchased from a Channel Islands trust that linked to Jefri Bolkiah, the unfathomably rich and famously profligate younger brother of the Sultan of Brunei. ]. account. Celebrity neighbours have included heavyweight boxing champion Anthony Joshua, while nearby residents have included singers Rihanna and Robbie Williams, as well as acting stars Damian Lewis and Helen McCrory. Niall Keating, chef director at Lunar Restaurant, has taken inspiration from the classic bacon and cheese filling. Obstacles in his path included an incorrectly installed lava wall and a 500,000 underground car park frame, which was the wrong size by 10mm. Contact us to discuss the range of architectural services we can provide. for sale. The majestic ballroom was simply polished up with hardwood floors and new curtains to retain its authentic style. (His companies now sell more than that every minute.) The extensive renovations of the mansion include a volcano wall, a swimming pool and staircases of solid white marble that connect to each of the eight floors. WebInside John Caudwell's home - Billionaire's 250 million mansion tour | OK! The Sun previously revealed the inside some of Britain's most expensive homes, including a Hollywood-style mansion in Hampstead. That afternoon he rang Motorola for an answer, and they told him he would either have to buy from a dealer, or become a dealer. The businessman even has a lavish cinema room that has been kitted out with all the amenities for a movie night. A 17-seater cinema is a real showstopper, with the seats synchronised to lower at the same time if required. Visit our corporate site www.futureplc.com Future Publishing Limited, Quay House, The Ambury, Bath BA1 1UA. Even his girlfriend has left him for someone more normal. Mr Caudwell, an outspoken Thatcherite, is passionate about that, saying cross-subsidising firms is as bad for a corporation as state-subsidised industry is for a national economy. I was involved in absolutely every aspect of it., But how does the proud philanthropist justify spending such an ostentatious amount of money on a home? He is rolling this out across Europe this year and he is convinced it will become the premier system of its kind worldwide, helping to double the group's turnover within two years. Inside the UK's most expensive home: The 250m mega-mansion complete with indoor car park EXCLUSIVE: Former Phones4U tycoon John Caudwell gives OK! A 17-seater cinema is a real showstopper, with the seats synchronised to lower at the same time if required. Or by navigating to the user icon in the top right. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site. But despite the drastic revamp, he left his beloved ballroom mostly untouched. His first jobs were, variously, sweeping a pottery floor, manhandling steel ingots in a mill, and working as a nightclub bouncer. Mayfair is one of Londons priciest neighborhoods; for decades, its been an ultra-exclusive enclave of wealthy Arab oil tycoons and celebrity-laden nightclubs. He then knocked them into one giant 43,000 square-foot mansion - the size of Westminster Cathedral or 55 average London flats - before embarking on the revamp. 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He and some friends cycled from Stoke, down the length of Wales, to Oxford and back to Stoke, a distance of 440 miles along winding hill roads in three days. "When I do the first charity party, maybe with 80 or 90 people in that ballroom, and we raise a load of money for Caudwell Children, I will enjoy that more than anything else I could ever do in my life," says owner John. Iconic high street favourite to return after 4 years as shoppers 'can't wait'. A stuffy old bloke wearing pin-striped trousers looked me up and down as though I had something rather unpleasant on my shoes. ", Now Caudwell knows what's wrong, he's doing all he can to cure him and has a "huge team" of experts helping. At the heart of the programme is the intriguing character of Caudwell himself a tough taskmaster, but also a committed philanthropist. "After that I pulled off one deal after another. The "car stacker" is John's favourite toy, as it can take eight cars from street level to storage at the press of a button. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice. no favorites. Includes access to the digital magazine. The company made a loss every month for the first two years of operations. * Fast and affordable car lift installation services, including home and property jobs like repairs, installation, maintenance, and inspection Subscribe now and get up to 61% off the cover price. It looked good, by the end. He readily admits he was desperate to find a business idea that would make him rich, but without a commercial family background, in a depressed area where the traditional pottery firms were closing, it was hard for the teenage prodigy to find a viable proposition. These allow us to recognise and count the number of visitors and to see how visitors move around our website when they are using it. To help ensure your car lift installation job is a smooth, and hassle-free process, we will pair you with local Arizona professionals who are qualified and experienced with car lift installation and similar services. This was really the crucial moment, in 1988, when Mr Caudwell finally found his calling. The campaign had only modest success and fizzled out with the Rover sale this month. The reception room is a cosy walnut clad room adorned with jackets designed by the home's owner. CL. "That taught me a lot. John Caudwell is a striking man, as fit as you'd expect for someone who cycles up to 100 miles a day, every day, in all weathers. "With a saturated market it's all about value and customer loyalty, and this way I'll gain loyalty for the other businesses. I just thought how magnificent it would be for gala evenings, Caudwell toldThe Timesof London about the ballroom. Earn nearly 5% on one-year fixed savings accounts. It also allows him to keep a watchful eye on his vintage car collection through the glass from the comfort of his extraordinary home. John Caudwell is one of Britain's most successful businessmen, having sold his company, Phones4U, back in 2006 for an incredible 1.5billion. "My first thoughts were that there were big margins in this business, but very low volumes, and the volumes would go up and the margins would come down. Lee Koffman, head of NW London sales at UK Sothebys International Realty, said: Ultimately its a family house for the mega-rich. The luxury pad, located in London's Mayfair, is a billionaire's paradise with its own bar and cinema. It's just an instinct, I know that's the way to do it." Why Ed Sheeran is both right and wrong to say most pop songs fit over most other pop songs, Joel Dommett: 'Sienna Miller led me through our sex scene. In 1980 he quit his Michelin job, sold the motorcycle and grocery businesses, paid off their debts and went full-time into car trading. Plus, get the exclusive Robb Report tote bag FREE. Caudwell added: "Although refugees will benefit from the safety and shelter I can provide, I suspect the experience will be unique, humbling and deeply enriching for me as well. The London property is mainly used for his charity - Caudwell Children, which supports disabled children and their families. "We expect to double our turnover in the next two years," he says. 2021 Associated Newspapers Limited. There's also a secure underground garage with a hydraulic car lift with space for up to four cars. In the basement, on the wall behind a 40-foot swimming pool, is a spectacular volcanic lava installation which cost 200,000. Having sold his firm to Microsoft last year for $2.5bn he now feels trapped, reports the Daily Mail, "in a world every bit as isolated and purposeless as the digital one he invented". He asked to be accredited as a dealer straightaway. Phones 4u founder John Caudwell'snew-look Mayfair home has London's largestprivate ballroomafter Buckingham Palace. Hydraulic car lift. This extraordinary home has been carved out of two mega mansions in the heart of Mayfair. We will use this information to make our website and the advertising displayed on it more relevant to your interests. The Phones4U founder - who grew up in Shelton - has created Britain's most expensive home in Mayfair - and you can see it on TV tonight, Want Stoke-on-Trent news emailed to you direct from our journalists? Every morning, he clocks up 40 miles, returns to his rural manor house, then drives to his office in Stoke-on-Trent. Both buildings form a single site and are linked at the basement level. The group also includes the Phones 4U chain of retail outlets. One quickly gets the impression that Mr Caudwell is utterly, unstoppably determined in everything he sets out to do. Billionaires have billions of pounds, and theyre entitled to spend them however they wish. Details from agents Sothebys International Realty say the stately Art Deco-inspired house, which is also available for rent at 40,000 a week, provides a country lifestyle in the heart of London. Or 2.4 per cent of this renovation project. A secluded Hollywood-style super-mansion near Hampstead Heath went up for sale in 2019, with an asking price of 40 million. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Viewers will be able to catch a glimpse inside one of the UK's most lavish homes when Stoke-on-Trent billionaire John Caudwell 's Mayfair mansion features on TV tonight. We use cookies to give you the best online experience. But it wasn't something on my shoes it was my shoes he found unpleasant. Subscribe to MoneyWeek now and get your first six magazine issues absolutely FREE. The huge property has a ballroom, 15 bedrooms and eight floors, spanning 43,000 sq feet. It would have been ruined anyway, McFly: 'NME used to call us c***s - now they give us five-star reviews', On TV tonight, BBC Two uncovers Chanel's mystery man Karl Lagerfeld, Interior Design Masters is the only good talent contest left on TV, The best part of Interior Design Masters is the baffled tradies, Helen Flanagan could win I'm a Celebrity South Africa if there was a public vote - too bad, The best new books in May 2023, from Tom Hanks' debut novel to Emma Cline's The Guest, How the audiobook boom made listening the new reading, The sexist bunny boiler trope is gone. Beside the nightclub with the unique mirrored floor sits a games room with a faux rose-covered ceiling. The documentary, which will air on Wednesday 5 February at 9pm, takes a look at the major challenges that comes with such a massive project. Whatissurprising, though, is that the owner of the $300 million-plus property is John Caudwell, an Englishman with working-class roots who made his fortune through the mobile phone company Phones 4U, which he sold for 1.5 billion in 2006. Money can't buy happiness for John Caudwell. He bounds down the stairs to the reception area of his HQ building to meet me himself, and chats amiably with employees who seem undaunted by him. The 250million property boasts eight floors, 15 bedrooms, and a 120-capacity ballroom, which is rumoured to be the largest privately-owned hall in the capital. But at that early stage I could never have anticipated the boom today. The 12 seat cinema room is fully equipped with bar and seating area. I'd only done it once in real life', Lizzy Caplan: 'There's so much dark, f***ed-up, wild shit that comes with motherhood', Queen Charlotte: A Bridgerton Story has more to say about Meghan Markle than any stuffy doc, Jerry Springer apologised for ruining the culture. As well as his Mayfair pad, Mr Caudwell also owns the 50-room 12 million Jacobean Broughton Hall in Eccleshall which was burgled in 2010 with the raiders To see all content on The Sun, please use the Site Map. John joked: "Who else has a room like this? But one of John's favourite features of the house is the car stacker lift, which is visible from within the house through strong glass, keeping his vintage motors on So we've got to give them fixed wire propositions, mobile phone propositions, pay-TV propositions, internet propositions, so they get a complete package from us for all they need, and we'll send them one bill, which makes them happier and cuts our administration costs. He sold around 15 cars a week. This was not the answer he was looking for and he indicated that I had to leave the club. John's impressive refurbishment is also for the sake of his charity, Caudwell Children. Take a sneak peek at the incredible renovation here With the incredible house, John aimed to create one of the most lavish homes to be renovated in the UK. But Fatal Attraction didn't need a remake, FA launches probe into Jurgen Klopp's altercation with referee Paul Tierney, Billions spent on unproven carbon capture could instead save households 9,000 each, Do not sell or share my personal information. One is what Caudwell describes as a hideous former car park that will be redeveloped into super prime luxury apartments on South Audley Street. They were unscrupulous, they dishonoured the commitment they'd given me when it no longer suited their business." View our online Press Pack. "I spotted the opportunity that as a small dealer I could buy all the stock I wanted from Motorola, but it was at a high price," he says. "But there's a wrinkle or two with their service, which we don't have. Oh, and the house? I wanted to be in the real world." I was only looking for a little pad in London! His favourite Honda VTR1000SP-1 accelerates from zero to 60mph in two seconds and has a top speed of more than 170mph. The house is estimated to be worth 250million after refurbishments. Luxury features include a subterranean spa area with 14-metre pool, sauna, hammam and treatment and dressing rooms. Chrissy Teigen shows off her super-tidy pantry and even Marie Kondo is impressed! The bed in the master suite is an "emperor-size bed" measuring two metres by two metres, which means you can "starfish and you don't touch the person next to you," she says. It was purchased by Mr Caudwell for 87 million, before the renovation There are stunning embroidered chairs to relax in while enjoying a film - perfectly situated in close proximity to the popcorn machine. "And they went for it," he says, with some relish. "Sometimes," he says, "when I look out of the window in winter and it's dark and two degrees above freezing and sleeting, I hesitate. asks Carole Malone inthe Sunday Mirror. Something went wrong, please try again later. ft. mega-manse was purchased in 2012 for about $100 million. Mr Caudwell's next business would provide the path to his later success. A real showstopper gadget is the automated eight-car "stacker", which can summon any of John's impressive car collection at the touch of a button. "We'd go around knocking on people's doors saying we were selling soap products for the blind. This house is exceptionally wide The super-home has 110 rooms; spanning 43,000sq ft - which is roughly the average size of 55 London flats and more than twice the size of the Royal Albert Hall. The ballroom is said to be the largest private ballroom in London after Buckingham Palace. Now we've got 30,000 customers on 4U net.". For other inquiries, Contact Us. Mr Caudwell says 4U Net is now a vital part of his plans, though it makes no money for the group. Sign up to our newsletter. Yet his initial masterplan for life took a long time to start working. "I bought 26 phones which took eight months to sell," he says, ruefully. The house itself is a profitable venture, Cauldwell said. As well as being a cycling fanatic (he took up the sport only six years ago and covers more than 20,000 miles a year), Mr Caudwell, 47, is one of the most successful entrepreneurs in Britain. The Brummy-billionaire told OK Magazine he stripped the majority of the mansion back to basics, as he found the decor was "ostentatious". So it was better to buy from me at an increased price than to not have them at all and not have any sales. His pre-tax profits last year in this low margin business came in at 14.3m. The single window has a view over a car park and wasteland near a busy roundabout. He sold all Caudwell Group BMW company cars and urged other businesses to do the same. Our website uses cookies to distinguish you from other users of our website. 15 Sep 2015. Mr Caudwell is married, with three children aged 20, 12 and five, and he is the local co-ordinator for the NSPCC and the founder of a children's charity. "I wanted to be able to drive the beautiful old Rolls-Royces my father admired when I was a child." On installation, the builders reveal the steel frame alone cost 500,000 and the room for error is just 10 millimetres on either side, meaning if it doesn't fit it would have to be returned to the manufacturers in Turkey. Five crystal chandeliers stretch up over four floors to transform the staircases. John is passionate about property. He acquired the site in 2012 and, after several years in the planning stage, a three-year build phase is finally set to begin this year. You cant steal a marble staircase.. It is popular with the super rich for its large plots, which allow homes to be demolished and rebuilt. Web* Fast and affordable car lift installation services, including home and property jobs like repairs, installation, maintenance, and inspection * Connect with the best local, qualified A river filled with handpicked African Cichlid fish flows through the centre of the room. "I would knock on those doors until I'd been to every door in the neighbourhood. The second was a grocery shop, run by him and his wife, which rapidly taught him returns didn't necessarily increase with the amount of work you put in. Please note you may be matched to one of our trusted partners such as CraftJack, Angi or Networx. "A big increase from the 10[million] I originally conceived, somewhat naively," he adds. Luxury features include a subterranean spa area with 14-metre pool, hammam and treatment and dressing rooms. It took eight months to sell all 26 phones to plumbers, taxi drivers and television repairmen at a price of 2,000 each. The Caudwell companies - 20:20, Dextra, 4U, MPRC, Singlepoint, Phones 4U, E.Commercell, 4U Net and Calls 4U - are expanding rapidly within Britain and most of them are setting up overseas as well. In 2003 he sold Singlepoint to Vodafone for 405m and completed the sale of the wider business three years later for 1.46 billion to private equity firms Providence Equity Partners and Doughty Hanson. So could he see that the future for mobile telephony was so bright? "The secret is to cut the margins down, add value the customer can really see, run it in a very efficient way and let the customer loyalty be the most important thing of all. From the glamour of the Cte dAzur to the refined tree-lined streets of Mayfair, the Caudwell style combines the best in global design and craftsmanship. Enter your password to log in. Well, other than Buckingham Palace, of course. "I just wasn't academic. Unlike its muted exterior, which mostly blends into its surroundings, nothing about the homes interior is understated. WebAdvantage Lifts is your online home for the most reliable, high-quality residential and commercial auto lifts for sale. "The suppliers really screwed my business. all. Obstacles in his path included an incorrectly installed lava wall and a 500,000 underground car park frame, which was the wrong size by 10mm. He's also a curious mix of modesty and obvious wealth. "The value in my house is the house itself, but I dont keep any valuables. From here, guests can see the vintage and luxury cars John chooses to display in his car stacker storage. But the mobile phone tycoon couldn't resist adding his own personal touch. Mayfair is one of London s priciest neighborhoods; for decades, its been an ultra-exclusive enclave of wealthy Arab oil tycoons and celebrity-laden nightclubs. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. The huge property has 15 bedrooms and eight floors, spanning 43,000 sq feet. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. John Caudwell's 250 million mega-mansion in London's Mayfair boasts massive gold-adorned rooms he jokes only Buckingham Palace can rival. A burst pipe just six weeks before John intends to move in almost derails the entire renovation, and self-described micro-manager John is unimpressed with the progress he sees on his frequent visits. He wasnt hugely interested in living in it, though, intending to mainly hold meetings and charity balls at the townhouse mansion once work on it was completed. But it was hard to watch this 68m renovation and feel anything but disgust. He left school at 16, three months into A-levels in maths, physics and chemistry. The 68-year Far from taking away my ability to give to charity, it increases it because it has increased my wealth significantly. "Last weekend was pretty tiring," he says. Businessman John Caudwell has created Britain's most expensive home in Mayfair it's more than twice the size of the Royal Albert Hall and worth 250 million. Eventually, I'll find ways of making money as well, through value-added propositions on the website.". It really has been a labor of love, Cauldwell said. Britains Most Expensive Home: Building for a Billionaire-in pictures, Watch your step: on the third floor, a river with handpicked African Cichlid fish flows through the Thai-style dining room, Beauty in the basement: on the wall behind a 40-foot swimming pool is a volcanic lava installation which cost 200,000, Cavernous space: the ballroom is said to be the largest private ballroom in London after Buckingham Palace, You must be at least 18 years old to create an account, Must be at least 6 characters, include an upper and lower case character and a number, I would like to be emailed about offers, events and updates from Evening Standard. Inside Tech Billionaire John Caudwells $300 Million London Home. "That business taught me about the ruthless manipulation of large corporates," he says. Inside Britain's most expensive home: a 250m mega-mansion in Mayfair. Billionaire businessman John Caudwell has given TV viewers a glimpse inside his very own yacht for a new documentary. Cookies contain information that is transferred to your computer's hard drive. But one of John's favourite features of the house is the car stacker lift, which is visible from within the house through strong glass, keeping his vintage motors on "I opened a shop so we could retail them, did accessories, and basically, every opportunity within the mobile phone business we took.". If it's caught early itcan be cured by antibiotics, but all too often it isn't: a friend of mine in Scotland still suffers aches and pains from it because doctors were too slow to diagnose the problem. I'm confident we will be one of the biggest mobile telecommunications companies in the world. ", I have less sympathy for Markus Persson, the 36-year-old Swedish inventor of the staggeringly popular video game, Minecraft. "I did them the best deal I possibly could, and I just went for my retrospective rebate.
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