Summary
Sir Jim Ratcliffe is a wealthy businessman from the UK who made most of his money through his chemicals company, Ineos. Recently, he apologized for comments about immigration but emphasized wanting discussions on issues like investment.
Key Facts
- Sir Jim Ratcliffe is one of the UK's richest men, with a net worth estimated between £12.8bn and £17bn.
- He is the co-owner of Manchester United and finalized buying a 27.7% stake in February 2024.
- Ratcliffe founded Ineos in 1998, and it has grown to operate 154 facilities in 27 countries, with sales of around £50bn.
- Ineos is known for producing chemicals and raw materials used in many everyday products.
- Originally from Greater Manchester, Ratcliffe now resides in Monaco, which offers tax advantages.
- He was knighted in 2018 for his contributions to business and investment.
- Ratcliffe was criticized for moving his tax domicile to Monaco, especially given his prior support for Brexit policies.
- The Glazer family retains the majority ownership of Manchester United, but Ineos manages the club's football operations.
