Steve Morgan

Quick Facts

Full Name	Steve Morgan
Occupation	Businessperson
Date Of Birth	Nov 25, 1952(1952-11-25)
Age	72
Birthplace	Garston
Country	United Kingdom
Birth City	Garston
Horoscope	Capricorn

Steve Morgan Biography

Steve Morgan is one of the most popular and richest Businessperson who was born on November 25, 1952 in Garston, Garston, United Kingdom. Morgan was born in Liverpool’s Garston suburb on 25 November 1952. The son of a plant hire operator, he changed school nine times. His parents moved to Colwyn Bay when he was 13, and he was educated at Colwyn High School and Liverpool Polytechnic (now Liverpool John Moores University), where he completed a two-year diploma course.

In 1992, Morgan was appointed Officer of the Order of the British Empire (OBE) for services to the construction industry.

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. In March 2009, however, Redrow’s shares having dropped to less than 100p, Morgan was urged by Toscafund Chief Executive Martin Hughes to return and he rejoined the board as chairman after having rebuilt his stake in the company, in order to address the significant losses suffered by Redrow during the financial crisis. In a 2012 interview with the BBC’s Economist Correspondent, Sarah Dickens, Morgan discussed his reasons for returning to Redrow, which by the time of the interview, had turned the inherited £140 million loss into a £43 million pre- tax profit.

In 2001 he founded the Steve Morgan Foundation, to which he has personally committed over £300 million, and which has provided support to more than 650 charities to date and funding ongoing awards. The remit area covers North Wales, Merseyside, West Cheshire and North Shropshire; support is focused on making a difference to those organisations and charities which work to improve life chances for children, families, disadvantaged, elderly, disabled and socially isolated people in this region. Morgan’s £300,000 salary which he receives from Redrow is donated to the foundation.

The 1990s saw Morgan also invest in hotels, developing St David’s Park Hotel in North Wales and Carden Park in Cheshire, eventually merging his interests into the De Vere Group.

Steve Morgan Net Worth

Steve Morgan is one of the richest Businessperson from United Kingdom. According to our analysis, Wikipedia, Forbes & Business Insider, Steve Morgan 's net worth $5 Million. (Last Update: December 11, 2023)

Stephen Peter Morgan CBE (born 25 November 1952) is an English businessman, investor, and philanthropist. He is the founder of the construction company Redrow and the former chairman of Wolverhampton Wanderers F.C..

A civil engineer by profession, Morgan entered the business world 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 “putting the sewers in in Penley” and Morgan offered to take it over. He went on to develop this company into the builder Redrow plc. Under his chairmanship, Redrow was floated on the London Stock Exchange in 1994, ultimately becoming a FTSE 250 Company.

Morgan and his first wife Pamela divorced in 2000. They have two children together. Morgan also has a son with Janet Hill. Pamela Morgan Bell was included in the Sunday Times Rich List for 2007 and 2008, with a net worth of £110 million. In 2002, Morgan married his second wife, Fiona Boustead. They divorced at an unknown date. In 2016, he married businesswoman Sally Toumi, with whom he operates the Steve Morgan Foundation.

Height, Weight & Body Measurements

Steve Morgan height Not available right now. Steve weight Not Known & body measurements will update soon.

Who is Steve Morgan Dating?

According to our records, Steve Morgan is possibily single & has not been previously engaged. As of December 1, 2023, Steve Morgan’s is not dating anyone.

Relationships Record : We have no records of past relationships for Steve Morgan. You may help us to build the dating records for Steve Morgan!

Morgan was appointed Commander of the Order of the British Empire (CBE) in the 2016 Birthday Honours for philanthropic services.

Facts & Trivia

Steve Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United Kingdom. Steve Morgan celebrates birthday on November 25 of every year.

In November 2018, Morgan announced his retirement from Redrow in March 2019 with John Tutte taking over as executive chairman. Morgan reportedly left the company in 2019 with a value of £2.2 billion.

How did Steve Morgan make his money?

He founded Redrow, one of the UK’s most successful housebuilders and a FTSE 250 company. Steve was Non-Executive Chairman for many years and Redrow had built over 100,000 new homes before he stepped down from the Board in March, 2019, still remaining a major shareholder.

What is Steve Morgan's net worth?

Morgan owns a second home on the Caribbean island of Antigua. The 2019 Sunday Times Rich List estimated his net worth at £950 million , an increase of £8 million from 2018. The 2020 edition of the Rich List estimated his net worth at £751 million, a fall of £199 million on the previous year.

What is the Steve Morgan Foundation?

Founded in 2001 by Steve Morgan CBE, to support projects that help children and families, people with physical or learning disabilities, the elderly, or those that are socially disadvantaged in North Wales, Merseyside and Cheshire.

Does Steve Morgan still own wolves?

Former Wolves owner Steve Morgan has outlined why he sold the club to Fosun and revealed he turned down lots of other interested parties. The Chinese conglomerate took over from Morgan in July 2016, for £30million. And he says their commitment to invest £100m into the club sealed the deal.

Who is Steve Morgan diabetes?

Steve Morgan, Chairman of the Steve Morgan Foundation , and wife Sally, a trustee, are spearheading the investment into the charity’s ambitious research programme to improve the lives of people with type 1 diabetes, following the diagnosis of eight-year-old Hugo, Sally’s son and Steve’s stepson, with the condition.