MANCHESTER United investor Jim Ratcliffe went from a council house upbringing to an astonishing net worth of £15billion – after almost risking everything. One of Britain’s richest peopl…
MANCHESTER United investor Jim Ratcliffe went from a council house upbringing to an astonishing net worth of £15billion - after almost risking everything.
One of Britain's richest people grew up on a council estate before amassing a fortune which has just enabled him to take a major stake inHe says he deliberated for a year over whether to go ahead, fearing he and his family could lose their home if the firm failed.United have lost eight of their 15 matches so far this season, including consecutive 3-0 defeats this past week to
An unpromising start in Sir Jim's life included being sacked from his first job only three days in, when bosses atHe has said: "You should see a picture of the council house where I started out." Sir Jim, now 71, later set up his own company Ineos - a chemicals multinational which employs 26,000 people worldwide.He used high-yield debt to fund deals before buying unwanted operations from groups such as BP, whose refining and petrochemical arm Innovent was snapped up by Ineos in 2006.Sir Jim has said: "I did have this inkling that I wanted to be successful — that I wanted to be a millionaire one day. But I was just dreaming, really.
"Ratcliffe shows you don’t have do well in the classroom or be anything special early in your working life to make it as an entrepreneur."
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