Consumer expert and JC columnist Martin Lewis has sold his popular money saving website for a staggering £87 million.
Mr Lewis set up moneysavingexpert.com for just £100 in 2003 and has agreed a deal with the Moneysupermarket brand.
He has pledged to give £10m to charity, including at least £1m to cover cuts enforced at Citizens' Advice. The website’s 42 staff members are also set to share the profits from the sale.
Mr Lewis will retain full control and remain as editor-in-chief of the site, which attracts 13m visitors every month.
