At least, he is giving some of his wealth back including to the usual ballet and opera.
'Cruddas has stated his intention to give away £100 million to enable children who have a background like his to succeed. To achieve this he set up the Peter Cruddas Foundation, which is chaired by the former Conservative cabinet minister David Young, Baron Young of Graffham. 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.
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.'