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The Hut Group CEO donates £100m to charitable foundation

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Matthew Moulding became a billionaire after the company’s successful stock market flotation

The chief executive of The Hut Group (THG), who became a billionaire after the company’s successful flotation, has donated £100m of his £1.5bn personal stake to a charitable foundation.

Matthew Moulding is sitting on a huge paper fortune after he collected an £800m windfall when the company’s share price soared in the months after its stock exchange listing.

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