Sunday Times Rich List 2017: How did Jeremy Peace and Steve Morgan fare?
According to the latest Sunday Times Rich List, former West Brom and Wolves owners Jeremy Peace and Steve Morgan had very different financial years...but both will still be smiling.
Former Baggies chairman Peace sold his 88 per cent share of West Brom last August, netting more than £175m.
His own personal fortune has taken a significant bump, rising £30m to £180m.
Albion born and bred, he left his hometown club in excellent financial shape.
Meanwhile former Wolves owner and head of housebuilders Redrow Steve Morgan, who sold the club to China’s Fosun last year, saw his fortune dip by £49m to £831m.
Morgan could have topped the £1bn mark but for a £226m charity donation, gifting more than 11 per cent of his Redrow housebuilding company shares to his charitable foundation.
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