Explainer-Jim Ratcliffe: who is the INEOS founder bidding for Manchester United?

Published by
Reuters UK

By Manasi Pathak (Reuters) – INEOS, the company owned by Jim Ratcliffe, a British billionaire and long-time Manchester United fan, has formally entered the bidding process to buy the Premier League soccer club. WHO IS JIM RATCLIFFE AND WHAT IS HIS NET WORTH? Jim Ratcliffe, 70, was born in Failsworth in Greater Manchester. He founded the INEOS chemicals group in 1998 and is the company’s chairman and chief executive officer with a two-thirds stake. According to Forbes, he has a net worth of $15.5 billion, making him the 112th-richest person in the world and one of Britain’s most wealthy busines…

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