Matthew Moulding Manchester Coronavirus record exclusive donates Matthew Moulding Manchester

Hut Group founder Matt Moulding's £21m gift to staff which let secretary retire at 36

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billionaire Matthew Moulding has bagged a record £830m payout.The Lancashire-born internet mogul received one of the biggest ever returns after The Hut Group's share prices sky-rocketed this year.Dad-of-four Matthew, 48, started out selling CDs with John Gallemore when they launched the website in Manchester 16 years ago.They expanded their start-up's range and went on to become the driving force behind huge brands like Honda and Nestle.The Hut Group's share prices soared after it was put onto the stock market in September.Hardworking Moulding, who grew up in Colne, near Burnley, has vowed to donate his entire £750,000 salary to charity and ensured his staff will share in the wealth.He has also given £10million of his fortune to support.

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