SIR JIM RATCLIFFE has been named the UK’s second richest man.
The Ineos chief is trying to purchase a majority stake in Manchester United, with SunSport revealing final week that he’s the popular bidder.
Sir Jim Ratcliffe is the Glazers’ most popular bidderCredit score: PA
Ratcliffe, 70, is ready to beat off robust curiosity from Qatari Sheikh Jassim, who desires to purchase the membership outright from the Glazers.
Sheikh Jassim has risen his supply in a last-ditch try and beat off Ratcliffe’s bid – though the Brit’s proposal is alleged to nonetheless worth United extra extremely.
In keeping with the Sunday Instances Wealthy Listing 2023, Ratcliffe’s fortune has risen considerably within the final 12 months.
Of their 2022 checklist he featured at twenty seventh, however this time round he’s as much as second after an eyewatering £23.613bn enhance in his fortune.
Ratcliffe’s value is now stated to be £29.688bn – solely behind that of the Hinduja household.
The Wealthy Listing’s Robert Watts informed the PA of Ratcliffe’s stand up the rankings: “This 12 months we’ve got new details about the complete scale of Ineos’ income and that has made us assured that Ineos is now value at the least £40bn.
“Now we have additionally realized extra in regards to the private property that Jim has collected over the previous 25 years.”
Sheikh Jassim’s current last-ditch supply got here after Avram Glazer was noticed leaving a resort owned by the takeover hopeful’s father.
Photos printed by The Mirror confirmed Glazer leaving Claridge’s.
The resort is mother or father firm of the Maybourne Resort Group, owned by Sheikh Jassim’s father, Hamad bin Jassim bin Jaber Al Thani.
An enormous complication over the five-month promoting course of, which has seen THREE rounds of bidding, was the rising want by co-chairmen Joel and Avram Glazer to stay on the membership.
Ratcliffe’s supply would permit them to take action, in a minority possession capability.
The Insidexpress is now on Telegram and Google Information. Be a part of us on Telegram and Google Information, and keep up to date.