In this article, I will talk about Martin Lewis, a well-known journalist and a consumer’s advocate.
Having started MoneySavingExpert, Martin now acts for many people looking for help with their finances.
He is an expert in making sense of saving, spending, debt and consumer advocacy, and a person who is well recognized within the financial field. So, let’s take a look at his work and wisdom in finance.
Who is Martin Lewis?
Martin Lewis is a famous financial journalist was born on 9th May 1972, in Withington, Manchester. He is 50 and has done wonderful things for personal finance and consumer rights advocacy.
He started off by studying Government and Law at the London School of Economics, and then shifted to broadcast journalism at Cardiff University: After finishing school, he worked as a producer for BBC Radio and Five Live.
In 2014, for his work concerning consumers ‘ rights and his activities for charity, Martin received an OBE (Order of the British Empire).
He also got a CBE (Commander of the Order of the British Empire) in the 2022 Honours List for his work in media and consumer issues.
Early life and Education
In Manchester, Lewis spent his childhood years in Didsbury and was born in 1972 in Withington hospital. While still relatively young, he and his family settled in Norley a village located near the Delamere Forest.
This was after his father took up the headmaster position at Delamere Forest School, a Jewish institution dedicated to special needs education.
He lost his mother Susan in a car accident involving a horse he was riding- causing him to collapse into a lorry while he was just 11 years.
Later in life, Lewis became a supporter of the children’s charity Grief Encounter that focuses on helping kids overcome the trauma of losing family. Apart from that he also promoted life insurance policies.
He lost his mother Susan in a horse riding accident with a lorry when he was still only eleven years old. He served as a patron for the children’s bereavement charity Grief Encounter where he also endorsed purchasing life insurance policies.
Lewis studied at The King’s School which is in Chester but he noted that he had to face anti-Semitism owing to the fact that he was one of only two Jewish boys, with the other being nicknamed Jew in Chester.
He later completed his postgraduate studies in Broadcast Journalism in 1997 at a different institution in London.
This marked the beginning of his advancement in the political sphere as he studied Law and Politics at the Economic School, London.
In 2013 the University of Chester conferred upon him an honorary doctorate for Business Administration.
How Much Martin Lewis is Worth
Martin runs a website for money savers and has a life savings estimates to be at or above £130 million.
He sold his company founded in 2003 for a staggering £87 million in 2012. As such many with free reign in betting see Lewis as a workhorse.
Money Saving Expert
In October 2002, for the first time, Martin was presented as a Money Saving Expert on Target’s Money Doctor website. His focus during the episode was on how to save money while at the same time Advising people to avoid overspending.
Funds raised through the appeals were channeled towards The Royal Television Society Educational Award – 2002 Campaigns and Seasons.
The website MoneySavingExpert.com (although construction started in February 2003, it set up for a mere £100) was designed by Lewis and is his brainchild, it is now a significant website that attracts numerous viewers. He sold it in September 2012 for up to £87 million.
The company appears quite beneficial as it provided Lewis with the amount and also appointed him as editor-in-chief., therefore, Having such leadership would positively influence the company in the future.
Receipt of Moneysupermarket.com on the other hand turned out to be a different story, Lewis noticed how beneficial it was with a lead of £27 within the first six months. Apart from those shares Lewis was also rewarded £35 million with £10 million being stored for a particular charity.
Lewis sold approximately half of Moneysupermarket.com worth 25.2 million pounds, which he owned at the time of selling Lewis Money Saving Expert, in July 2015. This also saw him donate £1 million fully to Citizens Advice and share £500,000 to the three Trussell Trust and the Personal Finance Education Group.
In 2018, Lewis made a legal complaint to Facebook in respect of defamation after fake adverts bearing his name and likeness, mainly promoting ‘bitcoin’ and investing’, were posted across the platform. Later he discontinued the action after Facebook promised to back an anti-scam project.
What TV Programs Has Martin Lewis Been Featured In?
Between the years 2012-2020 Martin cohosted The Martin Lewis Show on ITV alongside Angelica Bell.
He left the show stating it was an overwhelming workload and resentment towards how things ran.
Thereafter he has been featured in It Pays to Watch!, Tonight, Watchdog and Lorraine.
Who Is Martin Lewis Wife And How Many Kids Does He Have?
In 2009 Martin Lewis Wedded former weatherwomen and presenter Lara Lewington, who went on to work with BBC’s Click.
The couple had a daughter called Sapphire Susan in 2012, she has been featured with her father in numerous media outlets such as This Morning.
Conclusion
To sum up, Martin Lewis has become one of the foremost figures in the finance sector in the UK, and has effectively combined his concentration on consumer right protection and a media career.
From starting up Money Saving Expert, with little money, to later selling it for many millions, his life is an inspiring story of clear vision and the desire to assist people with managing their capital.
His face appearing on screens and numerous honors awarded to him, including the OBE and CBE, confirm his high status and picture.
With firm footprints in both broadcasting and consumer activism, Martin Lewis has been and remains a key player in the field of teaching people how to manage their finances better.
