Matthew Moulding became a billionaire after the company’s successful stock market flotation
The chief executive of The Hut Group (THG), who became a billionaire after the company’s successful flotation, has donated £100m of his £1.5bn personal stake to a charitable foundation.
Matthew Moulding is sitting on a huge paper fortune after he collected an £800m windfall when the company’s share price soared in the months after its stock exchange listing. THG owns a range of online beauty and nutrition brands including Lookfantastic and Myprotein, and provides e-commerce technology to firms such as Unilever.
