Matt Molding, CEO of British technology firm The Hut Group, gifted the company’s £ 1 billion shares to its staff in the company.

48-year-old CEO Matt Molding, who made a statement to the media on the subject, “We’ve created more millionaires in UK company history than any other company. The shares are 100 percent gift, nobody to pay anything. We’ve really changed many lives ”

Molding currently owns a 25 percent stake in the company worth £ 1.6 billion.