Sir Jim Ratcliffe has been named as one of the top 20 wealthiest UK billionaires on the Sunday Times Rich List for 2024.
However, the Manchester United co-owner has seen a decrease of more than £6billion in his wealth over the past year.
Ratcliffe founded petrochemicals giants INEOS in 1998 and has since invested in football, first with Swiss side FC Lausanne-Sport and Ligue 1 outfit Nice.
He became a minority owner at United in February by buying 27.7 per cent of the club, with his total investment at around £1.25billion.
Three months on from his purchase, the Sunday Times has revealed that he sits fourth in the list of the UK’s wealthiest billionaires in the 2024 edition of their annual Rich List. He was second the previous year.
Ratcliffe’s wealth now stands at a whopping £23.519billion, a decrease of £6.169billion, which marks the biggest fall out of the entire top 20, a list topped by investor Gopi Hinduja and family with £37.196billion.
In second is fellow investor Sir Leonard Blavatnik on £29.246billion, with landlords David and Simon Reuben and family third on £24.977billion, who own a ten per cent stake in Newcastle United.
Ratcliffe’s position in fourth sees him come above inventor Sir James Dyson and family with £20.8billion.
Some of sport’s biggest names are amongst the other winners in this year’s Sunday Times Rich List.
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Formula 1 legend Sir Lewis Hamilton is the ninth wealthiest figure on the ’40 under 40′ list with his valuation of £350million, with golf star Rory McIlroy 13th with £225million.
British boxer Anthony Joshua is level in 17th with singer Harry Styles on £175million, and Bayern Munich striker Harry Kane sits 35th with a worth of £75million.
Following the England captain is Chelsea winger Raheem Sterling in 37th with a valuation of £72million through football and property.
TOP TEN RICHEST IN SPORT
1. David and Simon Reuben and family£24.977bn (third overall)
2. Sir Jim Ratcliffe£23.519bn (fourth overall)
3. Daniel Kretinsky£6bn (33rd overall)
4. Bernie Ecclestone and family£1.844bn (92nd overall)
5. Mike Danson£1.349bn (125th overall)
6. David Sullivan and family£1.168bn (joint 150th overall)
7. Barry and Eddie Heran and Family £900m (joint 185th overall)
8. Tony Bloom£716m (233rd overall)
9. Steve Gibson£640m (253rd overall)
10. David and Victoria Beckham£455m (297th overall)
The full Sunday Times Rich List is available to the Sunday Times’ digital subscribers now