Where to find such a good boss! The Hut Group, a UK-based beauty e-commerce group, went public in September this year, and its founder, Matt Moulding, made 74 employees millionaires overnight by giving away £1 billion worth of shares to his employees in addition to his charitable donations during the epidemic.
HG (The Hut Group) is a British e-commerce company that operates more than 100 international websites.
The company’s first public fundraising campaign, which raised 1.88 billion pounds, was launched in September this year at a price of 500 pence per share, the smallest value in the British pound coinage, according to Mirror.
The founder, Matt Modine, is often involved in charitable activities and is compassionate to his employees.
The newspaper pointed out that he often gives back to the community, once donating 750,000 pounds to a charity, before donating 10 million pounds to a vaccine research and development unit, and then donated 2 million pounds worth of medical equipment, but he recently rewarded his employees with a large sum of money.
The newspaper said that in the past 10 years, Matt Modine has been giving out bonuses to employees of all sizes in the company, and these shares do not require employees to work hard to get them, Matt Modine mainly hopes that the money can change the lives of employees, and work hard to have a good quality of life, the company has 74 people have become millionaires.
Matt Modine said that the multimillionaire employees will continue to grow in the future, and there is still 175 million pounds in his current plan that has not been distributed. It was reported that one of THG’s drivers earned 40,000 pounds in less than two years of work, and he has already saved up funds to take his family to the United States and Canada next year, saying, “I never thought that I would be able to make my dream come true in my lifetime.
Recent Comments