Sir Jim Ratcliffe, the CEO of INEOS, has risen to become the second-richest person in the UK, as per the Sunday Times Rich List. He recently launched his final bid to buy Manchester United.
Tax fails; a few get richer, more get poor
Once a year, the world gets a sobering snapshot of the great divide between the 1% of people who make up the super-rich and the rest of humanity. The publication of The Sunday TimesRich List, which is a guide to the wealthiest people in the United Kingdom, is the moment. This year, the report, published this past weekend, took on a greater sense of importance because of the glaring contradictions it showed.
Over the past year, as the world navigated its way through a pandemic that decimated the high street in as much as it elevated online businesses and traditional footfall-reliant businesses collapsed, the contrasting fortunes in societies and businesses became more glaring.