Sir Jim Ratcliffe hailed as North West’s wealthiest entrepreneur, despite losing £6bnManchester United co-owner, Sir Jim Ratcliffe lost more than £6bn of his personal wealth last year, but is still the richest person in the North West. Sir Jim Ratcliffe, who owns chemicals giant Ineos, acquired 27.7% of United’s shares in February this year, in a deal valued at around £1.3bn. Sir Jim grew up on a council estate near Manchester, but didn’t start Ineos until his 40s. He was placed at fourth spot in the overall UK Rich List. Robert Watts, compiler of the Sunday Times Rich List, said: “This year’s Sunday Times Rich List suggests Britain’s billionaire boom has come to an end.

Source: The Times May 17, 2024 12:54 UTC