The 2nd baronet was the son of
Sir Charles Morgan, 1st Baronet (originally Charles Gould), and Jane Morgan (daughter of
Thomas Morgan. His sister Jane married the industrialist
Samuel Homfray. He was commissioned ensign and lieutenant in the
Coldstream Guards on 21 November 1777, and promoted to lieutenant and captain on 22 March 1781. He was taken prisoner in the capitulation at
Yorktown on 19 October. He was promoted captain and lieutenant-colonel on 14 May 1790, retiring from the Army on 4 December 1792. He became an MP for
Brecon (1787–1796) and later for the
County of Monmouth (1796–1831), supporting the government of
Lord Liverpool. He adopted the name of Morgan in 1792, at the same time as his father, and inherited the
Tredegar estate of his
Uncle John from his mother in 1797. ==Landowner and industrialist==