Very smart of all involved!
Sunday Times Rich List 2024 reveals wealthiest people in North West
17.05.2024 - 07:11 / manchestereveningnews.co.uk
Manchester United investor Sir Jim Ratcliffe is the richest person in North West, according to this year’s edition of The Sunday Times Rich List, published today (Friday) online. That's despite the newspaper reporting that he has lost more than £6 billion this year.
The 71-year-old INEOS founder and CEO grew up on a council estate in Failsworth, and started the chemical company which would make him a wealthy man in his 40s. He recently ran the London Marathon and earlier in 2024 secured a 25% stake of his childhood football club, Manchester United.
The Sunday Times has listed Sir Jim's wealth in 2024 at £23.519bn. That's a drop of £6.169bn in the last year. However, he still has nearly double the wealth of runner-up, Michael Platt.
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Mr Platt, the 56-year-old co-founder and managing director of BlueCrest Capital Management is from Preston. The rest of the North West top five includes Cheshire-based The Duke of Westminster and the Grosvenor family, owners of property business Grosvenor Group worth £10.127bn.
Home Bargains boss Tom Morris and family from Liverpool are fourth, with £6.673bn and Blackburn brothers Mohsin and Zuber Issa of the EG Group and Asda, worth £5bn. The rankings say that the Issas have lost £50m this year.
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
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