", Britains Most Expensive Home: Building for a Billionaire aired on Channel 4 at 9pm on 5 February. Each email has a link to unsubscribe. (His companies now sell more than that every minute.) I was only looking for a little pad in London! According to the Sunday Times Rich List in 2021, John is worth 1.566 billion and is the UK's 103rd wealthiest person. In the basement, on the wall behind a 40-foot swimming pool, is a spectacular volcanic lava installation which cost 200,000. * Residential & commercial car lift installation services Is it just a coincidence that these absurd stories come at a time when ministers are drawing up plans for more budget cuts?" 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. * Fast and affordable car lift installation services, including home and property jobs like repairs, installation, maintenance, and inspection Get the Robb Report newsletter for similar stories delivered straight to your inbox. The 25,000 sq ft neo-classical residence in Avenue Road was built on a plot bought for 14 million in 2013 by Greek property developer George Dragoumanos. He sold around 15 cars a week. When a lift shaft sprang a leak, the site manager said that if it had been any worse, he would have thrown myself into the Thames, because this would have delayed the project. John Caudwell There is also a divine games room, which John describes as "great for entertaining in" that helps make the house "super special.". Five crystal chandeliers stretch up over four floors to transform the staircases. The majestic ballroom was simply polished up with hardwood floors and new curtains to retain its authentic style. Subscribe to MoneyWeek now and get your first six magazine issues absolutely FREE. The 25,000 sq ft neo-classical residence in Avenue Road was built on a plot bought for 14 million in 2013 by Greek property developer George Dragoumanos. MSMR successfully secured planning consent for the sensitive redevelopment of two adjoining listed buildings located in the Mayfair Conservation Area. Eventually, I'll find ways of making money as well, through value-added propositions on the website.". PHONES4U billionaire John Caudwell has shown off Britains most expensive home worth 250million after he merged two mansions together. John Caudwell's main residence is a 12-bedroom country house in Staffordshire and, along with other homes around the world, he also owns a 73-metre yacht which he bought at auction for the bargain price of 35 million. His favourite Honda VTR1000SP-1 accelerates from zero to 60mph in two seconds and has a top speed of more than 170mph. He started going to car auctions after working his nightshift at Michelin, buying cheap used cars, tidying them up and selling them on. 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. He says relationships between his companies are often worse than external relations with, ostensibly, rival companies, which he says is "very healthy", adding: "A protected practice of any sort can't win. A protected practice of any sort can't win. The ballroom is said to be the largest private ballroom in London after Buckingham Palace. John Caudwell After a few years of throwing lavish parties, Inside Tech Billionaire John Caudwells $300 Million London Home. The narrator assured us that Johns motivation to spend so much on the house is in part to attract a better quality of guest to his yearly charity ball, but the charity itself states that the ball brought in 1.5m in donations in 2018. "For the first time I based myself in the mobile phone business, which I hadn't been concentrating on before, and within a month I turned the 1,000 a month loss into a 2,000 a month profit.". 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. These are used to recognise you when you return to our website. Officers in the West Midlands say cuts mean they can't afford sirens on their cars, so they can "only chase criminals within the speed limit". 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. Inside Britain's most expensive home: a 250m mega-mansion in Mayfair. Sylvester Stallone Snaps Up a $35 Million Palm Beach Estate, Marc Anthony Lists His Massive Waterfront Florida Mansion for $27 Million, Tommy Hilfiger Lists His Regal Connecticut Estate for $47.5 Million, From Bulgari to Porsche: Branded Residences Are Flooding the Prime Marketand Selling. Known as Mayfair house, Caudwells roughly 43,000 sq. no favorites. The businessman even has a lavish cinema room that has been kitted out with all the amenities for a movie night. 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. By subscribing, I agree to the Terms of Use and Privacy Policy. A gilded parlor with soaring ceilings. All rights reserved. phoenix. Money can't buy happiness for John Caudwell. TAKE a look inside John Caudwell's extravagant mansion that's Britain's most expensive home. ", Join thought-provoking conversations, follow other Independent readers and see their replies. The luxury pad, located in London's Mayfair, is a billionaire's paradise with its own bar and cinema. "But there's a wrinkle or two with their service, which we don't have. Five crystal chandeliers stretch up over four floors to transform the staircases. This extraordinary home has been carved out of two mega mansions in the heart of Mayfair. The Mobile Phone Repair Company (MPRC) is in four countries, and Dextra, the accessories company, is following suit. Customise cookies or read more in our Cookie Policy. 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. It makes for a fascinating character portrayal. The Channel 4 team join the build for its final stages: a point when the project - which has already run over on time - is 55 million over budget, too. It's just an instinct, I know that's the way to do it.". On the inside I felt the same especially about the staff. Heres a brief summary: The homes volcano wall and indoor swimming pool. A 17-seater cinema is a real showstopper, with the seats synchronised to lower at the same time if required. 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? 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. From here, guests can see the vintage and luxury cars John chooses to display in his car stacker storage. The single window has a view over a car park and wasteland near a busy roundabout. He's also a curious mix of modesty and obvious wealth. The renovation of an extraordinary home carved out of two mega mansions in the heart of Mayfair is to be featured in a one-off documentary on Channel 4 tonight. Billionaire businessman John Caudwell bought Audley Street garage and the surrounding buildings in Mayfair for around 155 million in 2011. Oh, and the house? After initial promise in the entrepreneur's club, the young Caudwell became somewhat bogged down. WebInside John Caudwell's home - Billionaire's 250 million mansion tour | OK! The huge property has 15 bedrooms and eight floors, spanning 43,000 sq feet. The next year he was taken on by the Michelin Tyre Company as an apprentice engineer, and he stayed 10 years, until 1980, though that didn't stop the hyperactive Mr Caudwell from setting up three businesses on the side. 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. Phones 4u founder John Caudwell'snew-look Mayfair home has London's largestprivate ballroomafter Buckingham Palace. 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 I told them: 'I've got some really good products here, I'm selling them for charity, it's for the blind, but forget that because they're made from sandalwood, really good products at a really good price'. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. "I just wasn't academic. "I've got this spectacularly perfect house, if someone spills some red wine on the carpet I'm going to just look away," says John. "I wanted to be able to drive the beautiful old Rolls-Royces my father admired when I was a child." Cookies contain information that is transferred to your computer's hard drive. Broughton Hall, Staffordshire These cookies record your visit to our website, the pages you have visited and the links you have followed. Far from taking away my ability to give to charity, it increases it because it has increased my wealth significantly. I wanted to be in the real world." "I opened a shop so we could retail them, did accessories, and basically, every opportunity within the mobile phone business we took.". Luxury features include a subterranean spa area with 14-metre pool, hammam and treatment and dressing rooms. refresh results with search filters open search menu. He will throw gala evenings, charity balls and hold meetings at the newly revamped property. 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