Sir Jim Ratcliffe lost almost a quarter of his fortune when he joined Manchester United
Billionaire Sir Jim Ratcliffe has lost almost a quarter of his fortune since joining Manchester United, which has seen its fortune drop from $31 billion to $22 billion in just 12 months.
Manchester United, once a European powerhouse, has struggled to find success, leading to its fans being constantly praised by their rivals.
When Sir Jim Ratcliffe joined in late 2023, he bought a 25% stake worth £1.25 million, which he dedicated to football operations.
The club was expected to return to glory and win various trophies, but it remains in a state of flux.
As success on the pitch dwindled, off the pitch its resources dwindled day and night, prompting Sir Jim Ratcliffe to invest his own money.
When the Sunday Times' list of the 1,000 richest people in Britain was released, Sir Jim Ratcliffe was featured, but his wealth has fallen by a quarter in the past 12 months.
Sir Jim, who was worth an estimated $31 billion in the past 12 months, has seen his fortune fall to $22.5 billion. The drop has seen him drop from fourth to seventh place, down from second before joining the club.
Manchester United, the 20-time Premier League champions, are currently in 16th place despite reaching the UEFA Europa League final.
