Online shopping tycoon with £2bn fortune in spotlight after slump in value of company’s shares
He is the online shopping tycoon billed as the UK’s answer to the Silicon Valley tech titans – with a personal fortune put at more than £2bn last spring and whose penchant for displaying his toned torso at pre-pandemic yacht parties has anchored many a tabloid newspaper rags-to-riches story.
Yet for Matthew Moulding – the founder, chief executive and chair of the e-commerce company The Hut Group (THG) – 2021 proved a humbling year.
