Feb 12 • 11:34 UTC 🇬🇧 UK Mirror

Man Utd owner Sir Jim Ratcliffe - all we know about controversial billionaire

Sir Jim Ratcliffe, co-owner of Manchester United, faces backlash for his inflammatory comments regarding immigrants and has seen a significant decline in his net worth according to recent reports.

Sir Jim Ratcliffe, the billionaire co-owner of Manchester United, has garnered significant controversy following remarks he made about immigrants, blaming them for various problems in the UK. His comments have not only drawn public criticism but have also elicited reactions from notable political figures, including Prime Minister Sir Keir Starmer and Greater Manchester Mayor Andy Burnham, both of whom have labeled his statements as offensive and misleading. Ratcliffe's opinions reflect a larger ongoing conversation in the UK regarding immigration and national identity.

Despite his turbulent public image, Ratcliffe's financial status remains impressive, with an estimated net worth of £17.05 billion, making him the seventh richest person in Britain. However, this figure represents a substantial drop of £6.5 billion from the previous year, illustrating the volatile nature of wealth in the business world. His rise to wealth, from humble beginnings in Manchester, has been marked by significant achievements in the chemical industry, yet it continues to be overshadowed by his controversial statements and public perception.

The backlash against Ratcliffe underscores the division within British society about immigration and foreign influence. As debates about these topics become more heated, Ratcliffe's position as owner of one of the world's most famous football clubs places him in the spotlight, where his statements could have broader implications not just for his personal brand but also for Manchester United's public image. The consequences of such controversies may affect fan support and the club's business operations moving forward.

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