Sam Morgan (born 1975) is best known as the founder of Trade Me, New Zealand's largest online auction site, which he sold in 2006 to Australian media company Fairfax for over NZ$700 million.
Morgan worked for IT consultancy Deloitte before leaving to start up Trade Me in 1999. Trade Me kept him very busy and at one point he was living 200 metres from the main office on Wellington Waterfront. On March 6, 2006, John Fairfax Holdings agreed to buy Trade Me for NZ$700 million, plus another NZ$50 million if financial targets were met over the next two years. Sam Morgan received $227 million (excluding future bonuses), making him one of the richest people in New Zealand overnight.
morgan, entrepreneur, morgan, born, 1975, best, known, founder, trade, zealand, largest, online, auction, site, which, sold, 2006, australian, media, company, fairfax, over, million, morganmorgan, 2010born1975, wellington, zealandoccupation, entrepreneur, inve. Sam Morgan born 1975 is best known as the founder of Trade Me New Zealand s largest online auction site which he sold in 2006 to Australian media company Fairfax for over NZ 700 million Sam MorganMorgan in 2010Born1975 age 48 49 Wellington New ZealandOccupation s Entrepreneur InvestorRelativesGareth Morgan father Contents 1 Personal history 2 Professional history 3 Philanthropy 4 References 5 External linksPersonal history editMorgan grew up in Wellington New Zealand with his father economist Gareth Morgan and mother Jo Morgan a local bus driver 1 He attended Newtown School Rongotai College and Victoria University of Wellington before opting out in 1995 Professional history editMorgan worked for IT consultancy Deloitte before leaving to start up Trade Me in 1999 Trade Me kept him very busy and at one point he was living 200 metres from the main office on Wellington Waterfront On March 6 2006 John Fairfax Holdings agreed to buy Trade Me for NZ 700 million plus another NZ 50 million if financial targets were met over the next two years Sam Morgan received 227 million excluding future bonuses making him one of the richest people in New Zealand overnight Morgan is now an investor and advisor to a number of start up businesses and is also involved with several not for profit organisations including Medicine Mondiale and One Acre Fund He was a co founder of the Pacific Fibre project and majority owner and chairman of vWorkApp a cloud based dispatch and scheduling product 2 He is a director of Trade Me 3 Xero software 4 and Vend software 5 In 2010 Morgan was awarded an Honorary Fellowship of the New Zealand Computer Society HFNZCS Philanthropy editIn 2006 following the sale of Trade Me Morgan founded and endowed Jasmine Social Investments a private foundation focused on high impact philanthropy 6 7 As at 2014 he had around 20 philanthropic projects a number of them focused on alleviating the effects of poverty 8 References edit Bio vWorkApp Job Dispatch Retrieved 29 September 2011 TRADE ME GROUP LIMITED coys co nz Company Details VEND LIMITED coys co nz The delicate art of giving it away Sydney Morning Herald 19 February 2011 About Us Jasmine Social Investments Did you hear about the Morgans Stuff co nz 29 March 2014 Retrieved 2 January 2016 External links editTradeMe co nz Slow burner to online sizzler DominionPost 13 September 2004 Sam Morgan the boy s done good NZ Herald article on the sale of TradeMe nbsp This business related New Zealand biographical article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Sam Morgan entrepreneur amp oldid 1142395017, wikipedia, wiki, book, books, library,
