Sir Jim Ratcliffe, a prominent figure in the UK business world, has come a long way from his modest beginnings in a council house in Greater Manchester to establishing himself as one of the wealthiest individuals, now residing in Monaco. According to the 2025 Sunday Times Rich List, Ratcliffe’s net worth stands at £17.05 billion, positioning him as the seventh-richest person in Britain. However, his remarks about immigrants causing issues in the country have sparked criticism from political figures like Prime Minister Sir Keir Starmer and Greater Manchester Mayor Andy Burnham.

Ratcliffe’s journey to success began in a council house in Failsworth, where he spent his early years before moving to Yorkshire. He pursued studies in chemical engineering at the University of Birmingham and later obtained an MBA from the London Business School. Despite facing setbacks early in his career, including being let go from BP due to health reasons, Ratcliffe went on to found INEOS in 1998. Under his leadership, INEOS has grown into a global powerhouse with operations in various sectors, employing over 24,500 individuals across 27 countries.

Apart from his business ventures, Ratcliffe has delved into the sports world, acquiring stakes in Manchester United and owning teams in cycling, sailing, and football. His involvement in cost-cutting measures at Manchester United, including staff layoffs and changes in employee benefits, has stirred controversy. Ratcliffe’s outspoken views on immigration, Brexit, and political figures have further fueled debates surrounding his public image.

Despite facing criticism for his business decisions, Ratcliffe’s influence in the corporate and sporting realms remains significant. His strategic moves and bold statements continue to shape his legacy in the business world, attracting both praise and scrutiny from various quarters.