Jim Ratcliffe is one of Britain's richest people who's worth more than $11 billion, per Bloomberg.
A lifelong Manchester United fan, the 70-year-old is one of the bidders for the soccer team.
From owning a cycling team to sponsoring the Mercedes-AMG Petronas F1 team, here's a look at his life.
Jim Ratcliffe is the founder and chief executive of Ineos, one of the world's largest chemical companies.
A lifelong Manchester United fan, Ratcliffe submitted this week for the soccer team.
He's vowed to "put the Manchester back into Manchester United."
Ratcliffe is competing against Qatar's Sheikh Jassim bin Hamad Al Thani, who submitted a revised bid for the club on Saturday, and Finnish entrepreneur Thomas Zilliacus, per BBC Sport.
The initial bids were thought to be about $4.2 billion, per Sky Sports News. The Glazer family, which bought Manchester for almost £800 million in 2005, are thought to be seeking between £5 billion and £6 billion ($6.1 billion to $7.3 billion).
Source: Sky Sports
The 70-year-old magnate is worth more than $11 billion, per Bloomberg, and made his fortune in the chemicals industry.
Source: Bloomberg Billionaires Index
Ratcliffe, who lives in Monaco, also owns an estate in Hampshire, England.
Source: Hampshire Live, The Guardian
Ratcliffe was born in Manchester and lived in public housing until he was 10 years old.
At 18, Ratcliffe went to Birmingham University to study chemical engineering before completing an MBA at London Business School.
After graduating in 1974, he worked as an engineer for the oil company Esso, owned by ExxonMobil, and for BP before joining the fabric and chemicals producer Courtaulds.
Source: Headspace, BBC
He was headhunted in 1989 by private equity firm Advent and started looking for investment opportunities.
Source: Bloomberg, Headspace
He joined forces with former chemicals executive John Hollowood and bought BP's chemicals division in 1992. Two years later it listed on the London Stock Exchange and was worth £100 million (about $150 million then).
The business became Inspec, with Hollowood as chairman and Ratcliffe as CEO.
In 1998 Ratcliffe set up his own firm called Ineos.
Ratcliffe is the majority shareholder and decided not to float the company, which has let him to move quickly on deals.
Green groups criticized him after Ineos imported the first shipment of US shale gas, which is derived from fracking, to the UK in 2016.
Ratcliffe was knighted in 2018, making him Sir Jim, but reportedly moved to Monaco in 2020, which does not levy personal or capital gains tax. He declined to confirm the move but told the BBC he tried to "give back to the UK" and had invested billions in the country.
In 2016 Ratcliffe started thinking about producing a 4×4 after Land Rover announced it was discontinuing the Defender.
Source: The Times of London
He went ahead with the idea and the Ineos Grenadier starts at £55,000 ($67,000). "It's a combination of British knowhow and German engineering," he told The Times of London.
Source: Ineos Grenadier. The Times of London
In 2017, Ratcliffe bought the luxury motorcycle wear maker Belstaff, whose jackets were once worn by actor Steve McQueen and David Beckham.
Ratcliffe bought the cycling team Team Sky in 2019 and renamed it the Ineos Grenadiers.
Source: Ineos Grenadiers
In 2020, Ineos signed a partnership with Formula One, sponsoring Mercedes-AMG Petronas. "They have consistently shown that they are at the forefront of technological innovation and human performance," Ratcliffe said at the time.
Ineos has a third of the team along with Mercedes-Benz Group and Toto Wolff.
Ratcliffe became the owner of Swiss Super League team FC Lausanne-Sport in 2017 and French soccer club Nice two years later.
Ratcliffe also backed a luxury clubhouse in the French ski resort of Courchevel, where he and his daughter have skied for years.
Source: The Guardian
He also reportedly owns a superyacht, the Hampshire II, which was built in 2012.
Source: SuperYacht Fan.
He tried but failed to acquire Chelsea FC last year when Russian oligarch Roman Abramovich was forced to sell the team after Russia invaded Ukraine.