Mel Morris (businessman)
Mel Morris | |
|---|---|
| Born | Littleover, Derbyshire, England |
| Occupation | Entrepreneur |
| Years active |
|
Melvyn Morris CBE is an English businessman and the CEO and co-founder of Corpora.ai, an AI research engine.[1][2]
Morris gained a large part of his fortune through his successful startup investment in King, the firm behind the mobile game Candy Crush Saga.[3][4]
Morris is also known for his tenure as owner of Derby County. His ownership resulted in debts accrued and ultimately ending in relegation to the third tier of English football for the third time since the club's formation in 1884.
Business ventures
[edit]Morris was born and raised in the Littleover area of Derby. Out of school, he first worked as a tile and flooring manager at a company he helped to establish in Spain, before venturing into entrepreneurship. After leaving the flooring firm, he returned to the UK to develop a dating website called uDate, which he went on to sell for £100 million. He used the money secured from the sale to invest in Prevx, an internet security firm, which was later sold to Webroot. He then helped to set up King, which he chaired from 2003 onwards until stepping down in 2014. When King was sold to Activision Blizzard, Morris collected £450 million.
According to the Sunday Times Rich List in 2020, Morris was said to have amassed a fortune of £515 million, making him the joint 268th richest person in the UK, and the joint 11th richest in the East Midlands.[5][6]
Morris was appointed Commander of the Order of the British Empire (CBE) in the 2017 Birthday Honours for services to business and charitable services.[7]
Morris launched Corpora.ai in beta in December 2024.[1] Corpora.ai is an AI research engine that scours academic papers, news articles, patents, and any other information available freely on the internet to create detailed research documents in response to user prompts in seconds.[1][2][4] Corpora.ai processes 2 million documents per second.[1] [8] Morris has invested $15M into Corpora.ai.[8]
Derby County
[edit]Morris bought a 22% stake in Derby County in May 2014, shortly after the club's 2014 Football League Championship play-off final defeat to Queens Park Rangers.[9] He was involved in a league-wide push to increase TV revenue for non-Premier League clubs.[10]
The following season he assumed ownership of the club, overseeing unprecedented levels of spending including breaking the club's transfer record four times in his first three years. He also oversaw an equally unprecedented managerial turnover, with nine managers appointed between June 2015 and May 2021. In this period, the club endured three unsuccessful play-off campaigns, failing in the semi-finals twice and losing in the 2019 final to Aston Villa. In May 2021, the club narrowly avoided relegation.[11]
Earlier, in October 2020, it was announced that Morris was intending to sell the club and was actively seeking new owners.[12] After two unsuccessful attempts by Morris to sell the club,[13] the board of directors announced in September 2021 that the club was to go into administration. Then Derby manager Wayne Rooney stated he was not informed by Morris the club were entering administration, instead finding out via Sky News. Administration resulted in a total deduction of twenty-one points, which led to the club's relegation from the EFL Championship and put the club at risk of being wound up.[14][15]
References
[edit]- ^ a b c d Lazarro, Sage. "Exclusive: Corpora.ai's AI 'research engine' creates 8-page reports citing hundreds of sources in seconds". Fortune. Retrieved 5 June 2025.
- ^ a b Hughes, Neil C. "From Candy Crush to AI Research: Mel Morris on His Latest Innovation". Tech Talks Daily. Retrieved 5 June 2025.
- ^ Chowdhry, Amit. "How Early Candy Crush Investor Mel Morris Built A Sophisticated Search Intelligence Solution". Forbes. Retrieved 11 June 2025.
- ^ a b Constantino, Tor. "Is Apple's $500 Billion AI Bet A Smart Strategy Or Overhyped AI Escalation?". Forbes. Retrieved 11 June 2025.
- ^ Johnson, Robin (2016-04-22). "Find out how rich Derby County owner Mel Morris is now". Derby Telegraph. Retrieved 2017-04-17.
- ^ "Rams owner Mel Morris tops rich list as fortune is revealed". DerbyshireLive. 2020-05-16. ISSN 0307-1235. Retrieved 2020-10-30.
- ^ "No. 61962". The London Gazette (Supplement). 17 June 2017. p. B9.
- ^ a b Macaulay, Thomas. "Exclusive: Tech mogul Mel Morris announces public launch of AI research engine Corpora.ai". The Next Web. Retrieved 30 June 2025.
- ^ Press Association. "Derby chairman Mel Morris becomes club's sole owner after finalising takeover | Football". The Guardian. Retrieved 2017-04-17.
- ^ 23:15, 1 DEC 2016 (2016-12-01). "Derby owner Mel Morris leading rebellion against Football League in bid to increase TV cash - Mirror Online". Mirror.co.uk. Retrieved 2017-04-17.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "Derby County 3-3 Sheffield Wednesday". BBC Sport. 8 May 2021. Retrieved 11 May 2021.
- ^ "Derby County: Takeover talks between owner Mel Morris and Sheikh Khaled bin Zayed Al Nehayan". BBC Sport. Retrieved 30 October 2020.
- ^ "Erik Alonso: Derby County's proposed takeover by Spanish businessman called off". BBC Sport. 14 May 2021. Retrieved 14 May 2021.
- ^ "Derby County: Championship bottom club docked nine more points for accounting rule breaches". BBC Sport. 17 September 2021. Retrieved 20 September 2021.
- ^ Fisher, Ben (18 September 2021). "Wayne Rooney found out on TV that Derby were set for administration". The Guardian. Retrieved 6 June 2025.