U.K.’s Richest Man Jim Ratcliffe Surfaces as Monaco Resident

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It’s official: Jim Ratcliffe, the U.K.’s richest person, is now a Monaco resident.

The 67-year-old is listed as living in the principality on the French Riviera, where residents typically don’t pay income or capital-gains taxes, according to a filing this week from a U.K. company he helps manage.