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Who Is Britain’s Richest Man Jim Ratcliffe? Wife, Children, Net Worth 2023- Former chemical engineer James Ratcliffe is the founder, chairman and majority owner of chemical powerhouse Ineos Group. Read article for more information about the billionaire.
Who Is Britain’s Richest Man Jim Ratcliffe?
He was born on October 18, 1952. Ratcliffe is the founder and CEO of the Ineos chemicals firm, which he formed in 1998 and has a two-thirds ownership of. In 2021, the corporation is projected to have generated $65 billion in revenue. His public persona is modest, and The Sunday Times once called him “publicity shy.” Ratcliffe formally relocated his tax domicile from Hampshire to Monaco in September 2020, a move that is expected to save him £4 billion in taxes.
The London-based corporation manufactures everything from plastics and synthetic oils to the solvents needed to create medicines and insulin.
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It has grown to be one of the biggest companies in the U.K. shale industry. It was the first company to ship American shale gas into Europe with its 600 foot “Dragon Ships.”
In 1992, Ratcliffe took out a mortgage on his home to oversee the acquisition of a BP chemicals company. Six years later, he purchased a factory from that company to found Ineos.
The business has kept expanding through acquisitions. For $5 billion, Ineos purchased two more chemical companies from BP in January 2021.
According to reports, Sir Jim Ratcliffe has stated that his company, Ineos, has formally entered the bidding to purchase Manchester United.
The Glazers announced their plans to sell United in November, 17 years after taking over at Old Trafford.
They are said to want £5billion for the club, and Ineos have now registered their interest in ousting them, according to The Times.
Jim Ratcliffe Education
He attended Beverley Grammar School and he graduated from the University of Birmingham in 1974.
Jim Ratcliffe Wife And Children
He has two sons Samuel Ratcliffe and George Ratcliffe with his previous wife Amanda Townson. He has one daughter called Julia from a previous relationship, with Maria Alessia Maresca, an Italian tax lawyer.
Jim Ratcliffe Net Worth 2023
He has a net worth of $16.3 billion dollars.