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Source of wealth: Hedge Fund: £10 billion. He is from Preston and a British billionaire hedge fund manager. and co-founder and managing director of BlueCrest Capital Management, Europe's third-largest hedge-fund firm which he co-founded in 2000.Source of wealth: Hedge Fund: £10 billion. He is from Preston and a British billionaire hedge fund manager. and co-founder and managing director of BlueCrest Capital Management, Europe's third-largest hedge-fund firm which he co-founded in 2000.
Source of wealth: Hedge Fund: £10 billion. He is from Preston and a British billionaire hedge fund manager. and co-founder and managing director of BlueCrest Capital Management, Europe's third-largest hedge-fund firm which he co-founded in 2000.

Sunday Times Rich List 2022: businessman who wants to takeover Man Utd among 10 richest people in North West

The Sunday Times Rich List 2022 shows some prominent figures from the region - including Jim Ratcliffe.

By Jenny Simpson, Emma Downey
Published 16th Oct 2022, 12:28 BST
Updated 27th Jan 2023, 12:43 BST

There are plenty of North West entries on the most Sunday Times Rich list.

The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies.

Hedge fund manager Michael Platt is the richest person in the North West with a vast personal fortune of £10bn.

Here are the top 10 - including Manchester-born Ineos boss Jim Ratcliffe, who has previously spoken about how he would like to take over Manchester United. As the United takeover rumours rumble on with the Glazers looking poised to sell, a spokesman for INEOS boss Mr Ratclffe told The Times recently: “We have formally put ourselves into the process.”

Figures were published previously by the paper in 2022.

Source of wealth: Property: £9.726 billion. Hugh Richard Louis Grosvenor, 7th Duke of Westminster, styled as Earl Grosvenor until August 2016, is a British aristocrat, billionaire, businessman, and owner of Grosvenor Group. He became Duke of Westminster on 9 August 2016, on the death of his father Gerald, 6th Duke of Westminster

1. The Duke of Westminster and the Grosvenor family

Source of wealth: Property: £9.726 billion. Hugh Richard Louis Grosvenor, 7th Duke of Westminster, styled as Earl Grosvenor until August 2016, is a British aristocrat, billionaire, businessman, and owner of Grosvenor Group. He became Duke of Westminster on 9 August 2016, on the death of his father Gerald, 6th Duke of Westminster Photo: Getty Images

Source of wealth: Chemicals: Ineos £6.075 billion. Sir James Arthur Ratcliffe FIChemE (born 18 October 1952) is a British billionaire chemical engineer and businessman. He is the chairman and chief executive officer (CEO) of the Ineos chemicals group, which he founded in 1998 and of which he still owns two-thirds. He does not have a high public profile, and has been described by The Sunday Times as "publicity shy"

2. Jim Ratcliffe

Source of wealth: Chemicals: Ineos £6.075 billion. Sir James Arthur Ratcliffe FIChemE (born 18 October 1952) is a British billionaire chemical engineer and businessman. He is the chairman and chief executive officer (CEO) of the Ineos chemicals group, which he founded in 1998 and of which he still owns two-thirds. He does not have a high public profile, and has been described by The Sunday Times as "publicity shy" Photo: BERTRAND GUAY

Source of wealth: Home Bargains: £5.127 billion. Morris started the Liverpool-based discount retail chain Home Bargains in 1976 when he was 21 years old. The chain retails a diverse range of goods, including health and beauty products, groceries and toys. The stock is often bought at discount from brands trying to offload stock. He reportedly founded the brand using a bank overdraft It now has more than 550 stores, employing more than 22,000 staff.

3. Tom Morris and family

Source of wealth: Home Bargains: £5.127 billion. Morris started the Liverpool-based discount retail chain Home Bargains in 1976 when he was 21 years old. The chain retails a diverse range of goods, including health and beauty products, groceries and toys. The stock is often bought at discount from brands trying to offload stock. He reportedly founded the brand using a bank overdraft It now has more than 550 stores, employing more than 22,000 staff. Photo: National World

Source of wealth: fuel distribution and supermarkets: £4.73 billion. Pictured, Zuber Vali Issa CBE born June 1972 is a British billionaire businessman and founder of Euro Garages (EG), a chain of petrol filling stations and convenience stores that operate in Europe, the United States and Australia. As part of a consortium with his brother Mohsin and TDR Capital, he is also the majority stakeholder in Asda.

4. Mohsin and Zuber Issa

Source of wealth: fuel distribution and supermarkets: £4.73 billion. Pictured, Zuber Vali Issa CBE born June 1972 is a British billionaire businessman and founder of Euro Garages (EG), a chain of petrol filling stations and convenience stores that operate in Europe, the United States and Australia. As part of a consortium with his brother Mohsin and TDR Capital, he is also the majority stakeholder in Asda. Photo: STEVE PARSONS

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Related topics:Sunday Times Rich ListNorth West