The billionaire's comments about the UK being "colonised" by immigrants have divided opinion.
The Manchester United co-owner previously said the UK had been "colonised" by immigrants.
Sir Keir Starmer says comments by the businessman and Manchester United co-owner are "offensive and wrong".
Ineos boss is recognised for the support his company has provided to scientific research.
The work comes after minority owner Sir Jim Ratcliffe spoke about driving up standards at the club.
One of the UK's richest men, Sir Jim has built a multi-billion pound business by snapping up unloved assets.
One of the world's biggest football clubs is up for sale, but who are the runners and riders to buy it?
Oxford says the "public cannot get enough of experts" with a £100m donation for antibiotics research.