Tuesday 19 February 2013


JOHN CAUDWELL
@johndcaudwell
PRESS RELEASE

February 19, 2013.

JOHN CAUDWELL HELPS BRING THE GIVING PLEDGE TO EUROPE.

Entrepreneur and philanthropist John Caudwell is amongst a handful of high-net-worth individuals to bring the life-changing Giving Pledge (www.thegivingpledge.org) to Europe.

John, who sold his telecommunications business for £1.5 billion in 2006, joins the likes of Bill Gates and Warren Buffett in pledging to donate significant tranches of their wealth to philanthropy - and collectively changing the lives of many generations to come.

"The Giving Pledge is a simple principle, a pledge for extremely wealthy people to give away the majority of their wealth during - or after - their lifetime to charitable causes," said John Caudwell.

"The collective worth of those committing to The Giving Pledge is hundreds of billions of dollars. That sort of resource can help countless millions of people.

"It is in the culture of north Americans  to adopt such an approach - that's where The Giving Pledge started and thrived - but I contacted Bill Gates about trying to drive such an approach in the UK and Europe, and this is our breakthrough.

"I've already discovered the pleasure of giving my wealth to worthy and charitable causes that genuinely make a difference to the lives of the least fortunate. Those of us who have yet to find philanthropy may find there is a far greater reward from it than from wealth creation.

"I will give away at least half my wealth during my lifetime and after my death. In the meantime I'll continue to grow my wealth as much as possible so that the amount I bequeath to charities and worthy causes can be as substantial as possible."

In 2006, John Caudwell sold his 10,000-employee mobile phone business, which included Phones 4u, for £1.5bn. John now concentrates on charitable and philanthropic work including Caudwell Children @caudwellkids.

@johndcaudwell

Ends

Further information:

Iain Macauley
07788 978800
www.caudwell.com
www.caudwellchildren.com
www.thegivingpledge.org


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