Peter Andrew Cruddas, Baron Cruddas was born on 30 September 1953 and is an English banker and businessman.
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16 Facts About Peter Cruddas
3.
In June 2013, Cruddas successfully sued The Sunday Times for libel over its coverage of him, which the High Court found had been defamatory.
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4.
Son of a father who worked at Smithfield Market, Peter Cruddas has an elder brother John and a twin brother Stephen, both of whom became taxi drivers.
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5.
Peter Cruddas left Shoreditch Comprehensive with no qualifications, aged 15, and gained a job as a telex operator for Western Union in the City of London.
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6.
Peter Cruddas left the same year to set up his own business, starting CMC Markets with £10,000 in the bank.
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7.
Peter Cruddas is the largest individual donor to the Duke of Edinburgh Award International Association, a board member of the Prince's Trust, and has donated to Great Ormond Street Hospital.
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8.
Peter Cruddas supported the Royal Opera House and The Royal Ballet, and after becoming a member of the Chairman's Circle, in March 2012 was invited to become a Trustee and join the Board of the Royal Opera House.
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9.
In total, it is believed that Peter Cruddas has donated over £3,000,000 to the Conservative Party.
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10.
Peter Cruddas donated £100,000 in the last quarter of 2010 and £50,000 in the first week of the 2010 general election campaign.
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11.
Peter Cruddas was appointed Conservative Party co-treasurer in June 2011 alongside Lord Fink, effectively the party's chief fund raiser, in succession to billionaire property tycoon David Rowland.
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12.
In July 2012, the ConservativeHome blog reported that Peter Cruddas was suing The Sunday Times for libel over its coverage of him.
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13.
In June 2019, Sky News reported that Peter Cruddas donated £50,000 to Boris Johnson's Conservative leadership campaign.
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14.
In 2020, Peter Cruddas was nominated by the leader of the Conservative Party and Prime Minister Boris Johnson for a peerage.
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15.
Peter Cruddas was resident in Monaco for a period until March 2009, commuting daily from an apartment on Avenue des Spelugues to London City Airport.
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16.
In 2016, Peter Cruddas and his wife Fiona paid £42 million in cash for Balfour House, a seven-storey Victorian mansion close to Park Lane in London's Mayfair, formerly owned by the Iranian-born art dealer Nasser Khalili, who lived there for 22 years.
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