Billionaire John Caudwell is famous for his habit of hiring famous singers to entertain his friends and family but he's also been known to put that energy toward a good cause, his own children's charity. His annual Butterfly Ball for Caudwell Children attracted UK celebrities and brought in a record £1.7 million, pretty impressive in a down economy. The total was £300,000 over last year's haul.
Rod Stewart performed at the event that was also attended by Elizabeth Hurley, Rachel Stevens and Bruce Forsythe. Wealth Bulletin has a quote from John Caudwell, shown above at the event with his girlfriend Claire Johnson. Caudwell said, "It is heart-warming to see that despite the current economic climate people are still prepared to help the less fortunate."