Tom Morris (businessman)

Tom Morris
Born Thomas Joseph Morris
February 1954
Residence Merseyside, England
Occupation Businessman
Known for Founder of Home Bargains
Net worth £2.05 billion
Spouse(s) married
Children 2

Thomas Joseph Morris (born February 1954) is a British billionaire businessman and the founder of Home Bargains.

Early life

Thomas Joseph Morris was born in February 1954.[1] He is the son of a shopkeeper in Liverpool's Scotland Road, and one of seven children.[2][3]

He received a degree in Engineering.[3]

Career

Morris started the Liverpool-based discount retail chain Home Bargains in 1976,[4] when he was 21 years old. It now has more than 300 stores, and Morris has net worth of £2.05 billion.[2] The parent company is the privately held TJ Morris.

Morris owns 89% while his younger brother, Joe Morris, is a smaller shareholder and operations director.[4] Three other brothers also work for the company.[3]

Morris is worth an estimated £2.05 billion.[5]

Personal life

He is married and lives in Merseyside, England.[6]

In 2001, the Liverpool Echo reported that his son Simon worked for the company, and that his daughter Lisa and her American husband Brian run Morris Textiles, the linen warehouse.[7]

References

  1. "T. J. Morris Limited". Companies House. Retrieved 10 August 2015.
  2. 1 2 Beresford, Philip (26 October 2014). "Britain's Top 100 Entrepreneurs 2014: No. 14: Tom Morris, Home Bargains". Management Today. Retrieved 7 November 2014.
  3. 1 2 3 Andrew Bounds, A discounter’s stores stack up, Financial Times, March 17, 2009
  4. 1 2 Andrew Bounds, Discount retailer TJ Morris breaks through £1bn sales barrier, Financial Times, October 14, 2013
  5. Bill Gleeson, Merseyside billionaires feature in 2014 Rich List, Liverpool Echo, 18 May 2014
  6. "Tom Morris". Forbes. Retrieved 3 October 2015.
  7. "#1m a year from #85 a week". Liverpool Echo. 7 June 2001. Retrieved 3 October 2015.
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