Watchdog investigates charity set up by UK billionaire over £16m ski clubhouse

Exclusive: Jim Ratcliffe Foundation helps fund exclusive facility at club where he and his daughter have skied for years

A charity set up by the UK’s richest person, Sir Jim Ratcliffe, is being investigated by the Charity Commission after helping fund a £16m luxury clubhouse for an exclusive French Alps club where he and his daughter have skied for years.

The Guardian can reveal that the charities watchdog has opened a “regulatory compliance case” to investigate “concerns about the governance and management of the Jim Ratcliffe Foundation”.