[1][2][3] The son of a plant hire operator, he came from a poor background with what he, in November 2021, called a “tough upbringing”, telling The High Performance Podcast that it was only at the age of seven that he knew what an inside toilet was.
[11] After Margaret Thatcher’s reduction in public spending put an end to this work, he went on to develop this company into the housebuilder Redrow plc.
[17] After returning to Redrow, Morgan refocused the company's building projects on providing family homes by launching the New Heritage collection.
In October 2013, he was criticised for inviting former Merseyside Chief Constable Norman Bettison as his guest in the directors' box at a Wolves away match.
[34] Morgan later revealed in an interview that he had turned down other offers but had accepted Fosun's bid because of the company's commitment to invest £100m into the club.
[35] Morgan signed off with an open letter to Wolves fans in which he described his time owning the club as "an honour and a privilege that I will never forget".
[37] In 2001 he founded the Steve Morgan Foundation, to which he has donated over £300 million,[38] [39] and which has provided support to more than 650 charities[40] to date and funding ongoing awards.
[41] Following the outbreak of COVID-19 in early 2020, Morgan pledged £1 million a week to charities to help vulnerable members of society cope with the fallout of the virus.
[49] His donations and beneficial projects have included: In 1992, Morgan was appointed Officer of the Order of the British Empire (OBE) for services to the construction industry.
[75] In February 2019, Morgan received an apology and damages from the Daily Mail after being falsely accused of buying Redrow properties at an undervalue.
He commented, having brought a libel claim at the High Court in London, "It is a shame that it has taken 18 months for justice to be served and for the Daily Mail to recognise its wrongdoing, however, I am pleased the record has now been set straight and that we may now draw a line under this issue."