Tom Morris, the reclusive billionaire behind the Home Bargains retail empire, has been named the richest Scouser to have ever lived, according to the 2025 Sunday Times Rich List. With a wealth of £6.99bn, Morris and his family rank third in the North West and 26th nationally, seeing a rise of £316m in the past year.
Morris, who shuns the limelight, founded the discount chain in 1976 with a single store in Old Swan called Home and Bargain. The business, now headquartered in Gillmoss, has grown to over 500 shops across the UK. His brother Joe Morris often speaks on his behalf, praising his 'sense of smell for the retail business' and incredible buying reputation.
Beyond retail, TJ Morris, the family company, has significant property interests. It is involved in a skyscraper project on the Liverpool waterfront aiming to build the city's tallest building, and recently played a key role in saving the Zoe's Place charity by covering £2.5m of the £5m needed.
Morris remains intensely private, with only one known photo from 2001. He previously owned the 60 Hope Street restaurant in Liverpool, which closed in 2020. The Sunday Times Rich List compiler Robert Watts noted a decline in UK billionaires, attributing it partly to tax changes under Chancellor Rachel Reeves.
