Matthew John Moulding
February 1972 (age 47)
Nationality British Occupation Businessman Known for Founder of The Hut Group Net worth £600 million (May, 2019) Children 4
Matt Moulding (February 1972) is founder of  The Hut Group.
Moulding was born in
Burnley, Lancashire and attended Fisher More High School in Colne. 
industrial economics at the University of Nottingham before going on to qualify as a chartered accountant.  His father was a tarmac contractor and his mother was an antiques trader.  
He went on to work at the
Caudwell Group, where he became finance director of the distribution business, working directly with John Caudwell.  
In 2004, Moulding founded The Hut Group, originally inspired from buying a
CD online. He said that he recognised that selling online could be "fundamentally so much cheaper".  
After investing £500,000 in the company, it took the business three years to break even, initially selling CDs online from the
Channel Islands to avoid VAT.  Moulding persuaded  Sir Terry Leahy and Sir Stuart Rose to become early investors.  
Following the launch of the
iPhone and rising in digital music streaming Moulding shifted his focus to selling other products online, and acquired a number of other e-commerce businesses, including IWantOneOfThose.com, Lookfantastic, MyProtein, Zavvi, and Illamasqua. In 2014,  KKR bought a 20 percent of the business. 
In 2013, it was reported that Moulding was considering floating the company.
As of 2016, the company operates 100 e-commerce websites.
As of 2018, the company operated 166 websites.  
In 2018, it was announced that Moulding would be stepping down as CEO to become
Executive Chairman. 
Moulding lives in
Northwich, and has four children. He has said that he avoids international travel.  Moulding owns a Lamborghini Urus.  
In 2015, Moulding signed a letter supporting the
Conservative Party in the 2015 general election. 
in May 2019, he has a net worth of £600 million. The Sunday Times Rich List In an interview Moulding gave to  in July 2019, he said he earns "about £1 million" a year. The Sunday Times 
He is a supporter of the
Seashell Trust. 
"Matthew John MOULDING - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk . Retrieved 2019.
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^ a b c d
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"British tech 'unicorn' The Hut Group launches board shake-up". Sky News . Retrieved 2019.
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