Manchester United boss Sit Jim Ratcliffe is the richest person in Northwest, according to this year’s edition of The Sunday Times Rich List, published today online and in the print edition of the newspaper on Sunday, May 19.
The 76-page special edition of
The Sunday Times Magazine reveals the largest fall in the billionaire count in the guide’s 36-year history, from a peak of 177 in 2022 to 165 this year. This year’s list of 350 individuals and families together hold combined wealth of
£795.361 billion a sum larger than the annual GDP of Poland.
Sir Elton John, Lord Lloyd-Webber and David and Victoria Beckham all appear in the annual survey. The minimum entry for the list of 350 this year is £350 million.
Despite Sir Jim Ratcliffe losing over £6 billion this year, he still remains the richest in the Northwest, with nearly double the wealth of runner up,
Michael Platt.
Ratcliffe recently ran the London Marathon at the age of 71, proving once again that he is in it for the long run. Sir Jim grew up on a council estate near Manchester, but didn’t start Ineos until his forties.
Early this year, Ratcliffe also secured a 25 percent stake of his childhood football club, Manchester United.
The Duke of Westminster, who recently announced his move to Cheshire, retains his position as the richest person under 40 in the UK, after he inherited his title and a vast land and property portfolio when he was 25.
At the age of 33 the billionaire’s fortune
now stands at £10.127 billion. Coined as the ‘UK’s most eligible bachelor’ the Duke will marry Olivia Henson, 31, at Chester Cathedral next month.
The Duke is one of the few young people who also appear on the full 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. Many of our home-grown entrepreneurs have seen their fortunes fall and some of the global super rich who came here are moving away.
“Thousands of British livelihoods rely on the super-rich to some extent. We’ll have to wait and see whether we have
now reached peak billionaire, and what that means for our economy.
“These may be harder times to create wealth, but The Sunday Times Rich List continues to unearth entrepreneurs building fortunes in diverse and often surprising ways. This year’s new entries include people who have made money from artificial intelligence and virtual worlds as well as plumbing supplies and teaching aides.
