Rank #727
Tom Morris
Net worth $5.7B
Retail · United Kingdom
- Born
- Oct 02, 1954
- Age
- 71
- Source
- Retail
- Residence
- Merseyside
- Citizenship
- United Kingdom
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Tom Morris founded TJ Morris, which owns discount retailer Home Bargains, in 1976.
- One of seven children of a Liverpool shopkeeper, he is the third generation of his family to run a retailer.
- Morris, who closely guards his privacy, reportedly used a bank overdraft to start his business at the age of 21.
- Home Bargains stocks everything from health and beauty products to candy and toys, often bought at a discount from brands trying to offload product.
- There are more than 550 Home Bargains stores throughout the United Kingdom, with plans to expand to as many as 1,000.
- Morris is a member of the 20 Miles More campaign, which wants the UK Government to extend the proposed HS2 high-speed railway to Liverpool.