Matthew Moulding is one of the most successful business people in the North West, having co-founded and led THG since 2004.
The entrepreneur cut his teeth working for Caudwell Group, which included the now-defunct mobile phone retailer Phones4U.
Then called The Hut Group, the company floated on the London Stock Exchange in 2020 and was valued at £5.4bn.
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However, the group's fortunes have taken a turn for the worst in recent years, with its share price being slashed and its market capitalisation now just over £1.4bn.
Following the float, Mr Moulding now owns c.22% of the company and also has the power to veto any possible takeover deals.
The second largest shareholder in THG, Sofina SA (Private Equity), has a 9% stake while Balderton Capital (UK) LLP is in third with a holding of 7.94%.
Other major investors include Jupiter Asset Management Ltd (7.82%), SoftBank Group Corp (6.6%) and BlackRock Investment Management (UK) Ltd (4.53%).
According to the latest Sunday Times Rich List, Mr Moulding and his wife Jodie have seen their fortune plummet to £700m from £2.1bn a year ago.
The fall is mainly because of the sharp decline in THG's share price which stood at just over £600p each a year ago but is now at 108p.