Jim Ratcliffe Biography – Born on October 18, 1952, Jim Ratcliffe,who’s real name is Sir James Arthur Ratcliffe hails from Failsworth, Greater Manchester, United Kingdom.
Jim Ratcliffe is an English business magnate, billionaire and chemical engineer who runs one of the most successful and productive chemical companies in the world.
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Ratcliffe is the chairman and CEO of the chemical company Ineos he founded in 1998, and he owns two-thirds of them, which is expected to generate $15 billion in revenue by 2019. He has a modest level of popularity and was dubbed by the Sunday Times as “afraid to appear in public”. He was the UK’s richest person in May 2018 with a net worth of $21.05 billion.
His net worth is estimated at $28.2 billion as of April 2020 according to the Bloomberg Billionaires Index, placing him second in the UK and 55th overall in wealth. Ratcliffe officially moved his tax residence from Hampshire to Monaco in September 2020, a move that is expected to save him £4 billion in taxes.
Jim Ratcliffe Parents
Ratcliffe was born into a family where his father was a carpenter and also worked in a laboratory furniture factory and his mother also worked as an accountant.
Jim Ratcliffe siblings
Ratcliffe consistent with a web supply has a brother named Bob however his private info has now no longer been documented at the net yet.
Jim Ratcliffe Education, Career
There is no detailed information on the internet about the high school Ratcliffe attended. However, for further education, Ratcliffe attended the University of Birmingham and graduated in 1974. He then decided to broaden his skills in finance and obtained a master’s degree in finance from the London Business School. 1978 and graduated in 1980.
Ratcliffe is a founding member of Inspec, which leased the former site of BP Chemicals in Antwerp, Belgium. Ratcliffe founded Ineos in Hampshire in 1998 with the intention of buying Inspec and taking full ownership of the Antwerp website.
Ratcliffe began out shopping for unneeded sports from businesses like ICI and BP from this tiny foundation, using high-yield debt to finance purchases and selecting goals primarily based totally on their capacity to growth their profits over a five-12 months period.
Ratcliffe relocated Ineos’s headquarters from Hampshire to Rolle, Switzerland, in April 2010, which led to a £one hundred million annual tax financial savings for the business.Ratcliffe obtained possession of FC Lausanne-Sport, a Swiss Super League football group, on November 13, 2017.
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Ratcliffe and Ben Ainslie shaped Ineos Team UK in 2018 with Ratcliffe reportedly making an investment over £one hundred ten million withinside the venture. The group will compete withinside the thirty sixth America’s Cup in 2021.
Roman Abramovich, longtime owner of Premier League team Chelsea F.C., was forced to put the club up for sale following sanctions when Russia invaded Ukraine in 2022. Ratcliffe tried to buy the team for 4.25 billion pounds, but his offer was turned down. down. Ratcliffe continued to hope to take over despite the rejection.
In the end, Todd Boehly, an American billionaire, bought Chelsea FC. Ratcliffe has expressed an interest in acquiring Manchester United in August 2022. He is said to have invested in West Ham United in October 2022.
Jim Ratcliffe Wife
Jim Ratcliffe’s wife is called Alicia Ratcliffe.
Jim Ratcliffe Age
He’s 70-years old now.
Jim Ratcliffe Children
Ratcliffe has two sons with his previous wife Amanda Townson and a daughter with Maria Alessia Maresca. The names of his two sons are Samuel Ratcliffe and George Ratcliffe.
Jim Ratcliffe Net Worth
Ratcliffe has an estimated net worth of $13 billion.
Is Jim Ratcliffe the richest man in the UK?
His personal fortune is estimated at between £11 billion (Forbes) and £6 billion (Sunday Times), making him the 27th richest person in the UK on the Times Rich List. Sunday newspaper. His Ineos petrochemicals business has an annual turnover of around £50 billion and has more than 26,000 employees in 29 countries.
