Philanthropist John Caudwell has amassed a huge wealth thanks to his successful business ventures. And the former Phones 4 U owner and Olympic cyclist is planning to do a lot of good with the wealth he's amassed, telling OK!
that he plans to give much of his money away. John explains he has recently upped the amount he's leaving to charity to 70% of his net worth.
Since the businessman - who lives in a 45,000-square-foot Mayfair mansion with partner Modesta Vžesniauskaite and their son William John Caudwell, who arrived in March - is worth a whopping £1.566 billion, this means over £1 billion is being left to charity.
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