140:, on 25 November 1952. The son of a plant hire operator, he came from a poor background with what he, in November 2021, called a “tough upbringing”, telling The High Performance Podcast that it was only at the age of seven that he knew what an inside toilet was. He moved home nine times during his childhood and consequently changed school nine times. His parents moved to
342:, he and his wife Sally revealed that they had donated £3 million to the Juvenile Diabetes Research Foundation (JDRF). JDRF has since benefited from further donations, including a £1 million donation in December 2019 and a share of the £20m received by charities following Morgan's agreement to match-fund a £10m award from the DCMS.
287:
in early 2020, Morgan pledged £1 million a week to charities to help vulnerable members of society cope with the fallout of the virus. That support was credited as a lifeline for hundreds of charities affected by Covid-19 particularly food banks, support for the homeless, domestic abuse charities and
263:
for £30 million. Morgan later revealed in an interview that he had turned down other offers but had accepted Fosun's bid because of the company's commitment to invest £100m into the club. Morgan signed off with an open letter to Wolves fans in which he described his time owning the club as "an honour
222:
football club, Morgan attempted several times to buy the club, most notably in 2004 when he made an offer to obtain a controlling share of 51% in return for a cash injection of £73 million. This was rejected, reportedly because it valued the club at £61 million, which the board felt was too low. In
411:
Morgan and his first wife Pamela divorced in 2000. They have two children together, Ross and
Lindsey. Morgan also has a son with Janet Hill, Mark Hill. In 2002, Morgan married his second wife, Fiona Boustead with whom he has a daughter, Goldie and son, Red. They divorced in 2013. In 2016, he married
279:
In 2001 he founded the Steve Morgan
Foundation, to which he has donated over £300 million, and which has provided support to more than 650 charities to date and funding ongoing awards. In 2022, the Foundation made the biggest ever philanthropic donation to diabetes research in the UK, £50 million.
255:
game in the same way he has attended many Wolves games in the past. Steve Morgan and Sir Norman
Bettison have known each other for many years. Everyone connected with the club has the utmost sympathy and respect for the victims of Hillsborough and their families." In 2014 Morgan oversaw the opening
234:
for a token fee of £10 on condition he invested £30 million in the club. The takeover was formally completed on 9 August 2007 when Morgan became chairman. On handover, Hayward stated that Morgan had "had a heart transplant from
Liverpool to Wolverhampton". In May 2009, Wolves were promoted, as
302:
Morgan was the instigator behind creating
Wolverhampton's ‘The Way’ youth zone, donating £2 million to help fund the project, which seeks to positively impact over 4,000 young people in Wolverhampton a year. Morgan chaired The Way until stepping down in September 2016 after the sale of
199:
In March 2009, Morgan returned in order to address the significant losses suffered by the company during the financial crisis. By 2010, the situation had improved markedly with the housebuilder reporting a pre-tax profit of £700,000 (compared to a £44.2m loss in 2009).
160:
Morgan entered the business world, aged 21, during the 1974 recession. His then employers, Wellington Civil
Engineering, were on the verge of going out of business. Wellington was offered a new job laying sewers in Penley and Morgan offered to take it over. After
209:
In March 2019, 10 years to the day that Morgan returned, he retired from Redrow. When he left the company, its annual revenue had increased to more than seven times its 2009 figure to £2.1 billion,profits were £406 million and it was valued at £2.2 billion.
432:
after being falsely accused of buying Redrow properties at an undervalue. He commented, having brought a libel claim at the High Court in London, "It is a shame that it has taken 18 months for justice to be served and for the
195:
In
November 2000, after 26 years, Morgan stepped down as Redrow chairman, although his company, Bridgemere, remained one of its largest shareholders. In 2001 Morgan founded Brownfield specialist company Harrow Estates plc.
437:
to recognise its wrongdoing, however, I am pleased the record has now been set straight and that we may now draw a line under this issue." The damages were paid towards adapted minibuses for two special needs schools.
1107:
298:
As part of its “Smiley Bus” scheme, the
Foundation provides adapted minibuses to schools, charities and community groups supporting people with special mobility needs. As of June 2023, 89 such buses had been donated.
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in the 2013–14 season and finished as champions with a record 103 points, returning to the
Championship. In October 2013, he was criticised for inviting former Merseyside Chief Constable
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239:, but were relegated back to the Championship in May 2012 after three seasons. After suffering a second successive relegation in the 2012–13 season, Wolves played in
1665:
840:
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356:, The Shapiro Foundation and the Ukraine Sponsorship Pathway UK (USPUK) in order to offer 10,000 free flights to the United Kingdom to Ukrainian refugees.
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mental health organisations. The
Foundation reported in December 2020 that Morgan had given over £27 million to charities impacted by COVID-19.
203:
After returning to Redrow, Morgan refocused the company's building projects on providing family homes by launching the New Heritage collection.
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116:(born 25 November 1952) is an English businessman, investor, and philanthropist. He is the founder and former chairman of the housebuilders
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958:"How Steve Morgan tried to take control; Business Editor Bill Gleeson reports on the entrepreneur's attempt to invest in Liverpool FC"
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as his guest in the directors' box at a Wolves away match. Bettison is a controversial figure for his role in connection with the
345:
In April 2021, Diabetes UK announced that the Steve Morgan Foundation had donated £50m to help find a cure for type 1 diabetes
2076:
1962:
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682:"School expulsion to millionaire developer for Steve Morgan - who says parts of Wales now a no go area for house building"
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333:. The Wirral centre opened in September 2021. Subsequently, the Foundation committed to a third centre in North Wales.
2012:
1596:"Relative Values: Steve Morgan, chairman of Redrow, and his wife, Sally, on philanthropy and battling type 1 diabetes"
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165:’s reduction in public spending put an end to this work, he went on to develop this company into the housebuilder
1942:"Liverpudlian businessman Steve Morgan has donated 50-million pounds for research into Type One Diabetes. |"
373:
1108:"Wolves chief Steve Morgan under fire from Hillsborough campaigners for hosting Sir Norman Bettison at matches"
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in 1989. Wolves responded on its official Twitter account, "The story is that Sir Norman Bettison attended the
2086:
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1441:"Everton's People's Place mental health facility could be up and running within a year after funding boost"
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an interview in 2021 Morgan disputed the figure stating he had in fact valued the club at £140 million
1613:
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729:
494:"Redrow posts record profits - as firm founded by Liverpool's Steve Morgan defies Brexit predictions"
1898:"Cottage industry: how Didy Morgan built a cottage industry | The Times & The Sunday Times"
615:
1800:
841:"Redrow hands over its 100,000th home and invests £2.7 billion in communities over 44 year history"
389:
230:, a club which he had previously regarded as his "second club". Morgan agreed to buy the club from
783:
1919:
1832:
1238:"Derby County takeover latest: Steve Morgan and Andy Appleby update amid 'positive discussions'"
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206:
On 18 October 2018 Redrow announced its 100,000th customer since Morgan founded the business.
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915:"Right kind of business: why we need more like Redrow house-building supremo Steve Morgan"
8:
1163:"Wolves SOLD: £30m Fosun International takeover deal is complete as Jez Moxey steps down"
318:
260:
240:
1837:
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985:"Businessman took on Prime Minister in battle to buy Liverpool but £73m was not enough"
377:
295:
In February 2017, Morgan donated an estimated £207 million in shares to the Foundation.
133:
1963:"One of North Wales's richest business people makes $ 1m donation to hurricane appeal"
1702:"Redrow founder Steve Morgan to help fly 10,000 Ukrainian refugees to the UK for free"
152:(now Liverpool John Moores University), where he completed a two-year diploma course.
1987:
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1405:"How community spirit is helping one Liverpool business during coronavirus shutdown"
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1684:"Biggest-Ever Philanthropic Gift to Diabetes Research Brings Type 1 Cure Closer"
1666:"Liverpool businessman Steve Morgan donates £50m to help find cure for diabetes"
1329:"Biggest-ever philanthropic gift to diabetes research brings type 1 cure closer"
180:
The 1990s saw Morgan also invest in hotels, developing St David's Park Hotel in
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564:"Millionaire founder of Redrow lived in a caravan with no electricity or water"
311:
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1285:
1135:"WWolves: New academy is a massive boost for Wolverhampton, says Steve Morgan"
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475:"PROFILE: Wolves owner Steve Morgan is the 7th richest person in the Midlands"
2050:
1991:
1267:"Scouser gives £200MILLION to charity in one of largest donations in history"
189:
145:
1369:"Cheshire businessman pledges £1m a week to charities hit by virus crisis"
1307:
590:"Profile of Redrow boss Steve Morgan: Timing is key to success - BBC News"
1854:"Me and my baby: Steve Morgan is back at Redrow | Magazine Features"
1491:"The Steve Morgan Foundation donates a new bus to The Rainbow Foundation"
213:
181:
1081:"Wolves boss Steve Morgan and the Hillsborough cop " Express & Star"
537:"Interview: 'This time I'm going for good,' says Redrow's Steve Morgan"
267:
In June 2022, Morgan was linked with a bid to buy financially-troubled
166:
141:
117:
1523:"A Welsh businessman has donated $ 1m to the Caribbean hurricane fund"
317:
In February 2018 it was announced that the Foundation would work with
310:
Relief Fund which was set up to support relief efforts in the wake of
2036:
1982:
137:
56:
2013:"Why Daily Mail has been made to pay for Llandudno school's new bus"
1459:"Thousands of women and girls to benefit from £15m Tampon Tax Fund"
1209:"Wolves SOLD: Read Steve Morgan's parting message about his legacy"
349:
284:
1509:"steve morgan leaves the way youth zone with an incredible legacy"
428:
In February 2019, Morgan received an apology and damages from the
1920:"Steve and Sally's big day at the palace | All Together Now"
1288:(Podcast). The High Performance Podcast. Event occurs at 1:05:55
416:
307:
256:
of the club's multi-million pound Compton Park training complex.
1006:(Podcast). The High Performance Podcast. Event occurs at 39:31
403:(CBE) in the 2016 Birthday Honours for philanthropic services.
710:(Podcast). The High Performance Podcast. Event occurs at 2:40
515:(Podcast). The High Performance Podcast. Event occurs at 5:40
1640:"Redrow founder gives £10m to charities impacted by Covid-19"
1351:"Coronavirus: Redrow boss Steve Morgan in £1m charity pledge"
641:"Redrow founder gives £10m to charities impacted by Covid-19"
1577:"New 'Maggie's' cancer support centre coming to North Wales"
748:"Founder of Ewloe-based building firm eyes boardroom return"
412:
businesswoman Sally Toumi, with whom he has a stepson Hugo.
348:
In 2022 the Steve Morgan Foundation partnered with airline
124:, and founder of the charitable Steve Morgan Foundation.
1181:"Steve Morgan: Fosun's £100m Wolves promise sealed deal"
259:
In July 2016, Morgan sold Wolves to the Chinese company
1387:"Why an Anfield bakery thinks they can emerge stronger"
188:
in Cheshire, eventually merging his interests into the
1815:"University of Chester reveals its honorary graduates"
820:"Heritage Collection launched by Redrow | Kent Online"
214:
Wolverhampton Wanderers and other football investments
1083:. Expressandstar.com. 30 October 2013. Archived from
456:"Birmingham Post Rich List 2016: No.7 - Steve Morgan"
415:
Morgan owns a second home on the Caribbean island of
291:
His donations and beneficial projects have included:
1773:"Honorary Fellows list - Wrexham Glyndwr University"
169:. Under his chairmanship, Redrow was floated on the
2122:
Wolverhampton Wanderers F.C. directors and chairmen
940:"Morgan ends takeover bid as Liverpool look abroad"
376:, and holds honorary fellowships and doctorates at
1559:"New cancer support centre coming to North Wales"
369:(OBE) for services to the construction industry.
16:English businessman, investor, and philanthropist
2048:
1229:
1023:
1021:
843:. Housebuilder & Developer. 18 October 2018.
1876:"Family Law Week Report | Family Law Week"
1720:"Wolves are handed over to Morgan for a tenner"
1286:"Work like hell to make your dreams come true!"
1264:
1004:"Work like hell to make your dreams come true!"
708:"Work like hell to make your dreams come true!"
513:"Work like hell to make your dreams come true!"
1895:
1423:"'Incredible' £84,000 boost for Wirral Mencap"
2082:Commanders of the Order of the British Empire
1283:
1018:
1001:
802:"Redrow returns to profit under Steve Morgan"
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352:and three other not-for-profit organisations
321:to build two new cancer care centres; one at
306:In September 2017 Morgan donated $ 1m to the
401:Commander of the Order of the British Empire
336:In September 2018, in an interview with the
1541:"A new Maggie's Centre comes to the Wirral"
613:
264:and a privilege that I will never forget".
2067:Alumni of Liverpool John Moores University
1265:Clarke-Billings, Lucy (16 February 2017).
562:Evans, Harri; Rigg, Danny (10 July 2022).
367:Officer of the Order of the British Empire
226:In 2007, an opportunity arose to purchase
766:"Riding leaves Harrow for Northern Trust"
616:"Tide turns Morgan's way | Football"
561:
425:estimated his net worth at £915 million.
1922:. alltogethernow.org.uk. 7 November 2016
1831:
784:"Morgan seeks return to board of Redrow"
491:
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453:
218:A shareholder and lifelong supporter of
2102:English football chairmen and investors
1841:(Supplement). 11 June 2016. p. B9.
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1070:(Sport), 9 August 2007 (14 August 2009)
658:
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144:when he was 13, and he was educated at
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1737:"List of Honorary Fellows and Fellows"
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663:"'Business-fan' bidding for Liverpool"
2117:Liverpool F.C. chairmen and investors
1812:
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1053:(Sport), 21 May 2007 (14 August 2009)
670:(Sport), 13 May 2004 (14 August 2009)
1851:
1614:"Further £1 million Donated To JDRF"
1255:
1029:"Morgan takes Wolves into a new era"
651:
533:
2072:British construction businesspeople
1593:
855:"Morgan announces Redrow departure"
588:Dickins, Sarah (21 November 2012).
492:Thompson, John (6 September 2016).
13:
1813:Green, Michael (1 November 2016).
1594:Forster, Interviews by Katherine.
1477:"Morgan speaks out about Covid-19"
1284:Jake Humphrey (15 November 2021).
1105:
1063:"Morgan completes Wolves takeover"
1046:"Tycoon Morgan in Wolves takeover"
1002:Jake Humphrey (15 November 2021).
706:Jake Humphrey (15 November 2021).
511:Jake Humphrey (15 November 2021).
14:
2138:
2030:
1975:
1036:, 10 August 2007 (14 August 2009)
896:"Redrow cheer may raise the roof"
893:
534:Shah, Oliver (10 February 2019).
473:Strachan, Ian (22 January 2015).
454:Strachan, Ian (21 January 2016).
68:Entrepreneur & Philanthropist
1896:Karen Robinson (10 March 2013).
1236:Cusack, Richard (15 June 2022).
680:Hughes, Owen (23 October 2018).
406:
382:Liverpool John Moores University
2005:
1969:
1965:. Daily Post. 8 September 2017.
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2037:Bridgemere corporate website
122:Wolverhampton Wanderers F.C.
7:
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1852:Bill, Tom (5 March 2010).
1391:Financial Times Alphaville
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283:Following the outbreak of
1790:"Honorary Graduates 2010"
1308:"steve morgan foundation"
857:. Redrow. 7 November 2018
734:The London Stock Exchange
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2092:English chief executives
1755:"Honorary Fellows Index"
390:Wolverhampton University
331:Royal Liverpool Hospital
2112:English philanthropists
2097:English civil engineers
1618:Steve Morgan Foundation
228:Wolverhampton Wanderers
120:, a former chairman of
1495:The Rainbow Foundation
422:Sunday Times Rich List
372:He is a fellow of the
323:Clatterbridge Hospital
1795:6 August 2014 at the
1463:UK Government Website
399:Morgan was appointed
394:University of Chester
374:Institute of Builders
329:and the other at the
171:London Stock Exchange
150:Liverpool Polytechnic
2087:English billionaires
1511:. 30 September 2016.
109:Stephen Peter Morgan
42:Stephen Peter Morgan
2127:People from Garston
1976:Times, The Sunday.
1646:. 27 September 2020
946:. 22 December 2004.
881:The Financial Times
808:. 9 September 2010.
788:The Financial Times
261:Fosun International
132:Morgan was born in
2015:. 12 February 2019
1838:The London Gazette
1600:www.thetimes.co.uk
1479:. 1 December 2020.
1167:Express & Star
1087:on 3 November 2013
1033:BirminghamMail.net
386:Glyndŵr University
378:Cardiff University
235:champions, to the
146:Colwyn High School
2107:English investors
2042:Morgan Foundation
1777:www.glyndwr.ac.uk
1724:Independent.co.uk
1143:. 7 November 2014
614:Dominic Fifield.
163:Margaret Thatcher
106:
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73:Years active
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