English - Businessman | October 7, 1952 -
There are lots of brownfield sites in Stoke, but they are not suitable for building executive homes. It needs to be surrounded by fields. It needs to be on greenbelt land. That's what executives want.
John Caudwell
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I saw that e-mail was insidiously invading Phones 4u, so I banned it immediately.
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I was only 21 when I bought a five-bedroom detached house in Stoke-on-Trent that was way outside of my financial status in life. I did it by borrowing money from my family and the bank, taking out a huge mortgage.
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My main commitment is to Caudwell Children. I put more than £1m a year into the charity, besides a lot of time and effort.
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I have a helicopter that I use for U.K. business trips, and I fly myself. I have a yacht in Antibes in the south of France, which is a sort of indulgence, as we only use it for about four weeks a year. The rest of the time, it is chartered out to people as a business.
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I decided to leave most of my wealth to my charitable foundation, which is not to be confused with my charity. My charity helps children directly. The charitable foundation will receive most of my legacy when I die.
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Business gives you a massive high. Doing a great deal, coming up with an inspirational solution... It's very addictive. But it doesn't last long. In isolation, it's a bit sterile. It doesn't reward the soul.
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I'm a capitalist. I'm not going to feel sympathetic to people leading a life they don't have to lead who, with effort, could maybe break out of it.
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OK, I've made a preposterous amount of money. But I was born with the attributes needed to do it.
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Taxes aren't the way to go. They'd strangle the economy; you wouldn't create the wealth. And nothing squanders money as well as a government. What we need is to encourage rich people to give.
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I considered several names, but Titania, a character from Shakespeare's 'Midsummer Night's Dream', was best able to portray the image I wanted for what is a fantastically elegant and sexy yacht.
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I can safely say that there are dozens of places on 'Titania' to watch a film with friends. I would estimate there's something like 50 televisions on board, some of which are very big-screen, some of which drop out of ceilings on the outdoor decks.
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