![William Morgan was born in Wilshamstead, Bedfordshire, England, the son of George Morgan, a farmer, and his wife Sarah, née Horne. Morgan emigrated to South Australia, arriving in Port Adelaide on 13 February 1849. Initially he worked on land near the Murray River, his life was saved by an Indigenous Australian named Ranembe, whose name Morgan gave later to one of his sons. Then Morgan worked for Boord Brothers grocers; and at the beginning of 1852 he went to the Victorian gold rush. He had modest success, returned to Adelaide, and with a brother he purchased the Boord's business, establishing William Morgan & Co. and made it a successful enterprise. In 1865 he became a founder of the Bank of Adelaide. He founded, with Charles Hawkes Todd Connor and William Dening Glyde the firm of Morgan, Connor & Glyde, wheat and flour merchants of 43 King William Street.](http://upload.wikimedia.org/wikipedia/commons/thumb/8/8b/William_Morgan_-_Premier_1878_-_1881%28GN00488%29.jpg/450px-William_Morgan_-_Premier_1878_-_1881%28GN00488%29.jpg)
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