Paul Caddick Net Worth $225 Million
Retired British rugby player, Paul Caddick has a net worth of 150 million as of May 2012, based on the Sunday Times Rich List. Having began work as a site engineer in the 1960s, Caddick gained a degree in civil engineering and qualified as a chartered civil and municipal engineer. In 1979 he founded Caddick Group, a civil engineering business in Yorkshire, which has evolved right into a property-to-building group. Sixteen years ago Caddick became owner of Leeds CF&A, giving him ownership of Headingley stadium as well as in 1998 he was instrumental in forming the entire world’s first dual code partnership when Leeds rugby union team joined forces with Leeds Rhinos beneath the Leeds Rugby umbrella.
Caddick regularly attends Rhinos matches with his children and grandchildren. In 2005 Caddick consented to sell the adjoining cricket stadium to Yorkshire county cricket club, who for the very first time within their long history became owners of the iconic sport arena. He chairs Leeds Rugby, in which Caddick Group has a 76% position. The parent company has a roll of blue chip customers and was involved in the Trinity Quarter shopping centre in Leeds but in 2007 sold its share to its associate, the giant Land Securities property group. Caddick is also growing quickly in retirement homes through its Oakbridge Retirement Villages joint venture. The family and trusts possess more than 90% of Caddick Group shares. Other private assets and sale proceeds brings Paul Caddick and family’s wealth at 150m.