About Jim Ratcliffe
The INEOS chemical company was founded in 1998 by British businessman and chemical engineer James Arthur Ratcliffe. The organisation has made extraordinary progress, with an expected turnover of $65 billion in 2021. The Sunday Times has referred to Ratcliffe as “publicity shy” in spite of the impressive accomplishments he has achieved.
Ratcliffe is involved in a variety of charitable endeavours, including sports initiatives, environmental initiatives, and medical research, in addition to his work with INEOS. He has shown his support for Brexit, believing that the UK economy would benefit from leaving the European Union. Generally speaking, Ratcliffe has made critical commitments to the compound business and society, both through his business and altruistic undertakings.
Jim Ratcliffe Family
The Ineos chemicals group’s chairman and CEO, Jim Ratcliffe, was born on October 18th, 1952, in Failsworth, Greater Manchester. His dad was a joiner and his mom worked in a records office.
Jim Ratcliffe Education
Ratcliffe started his career with the oil tycoon Esso, but he decided to get a master’s degree in finance from London Business School from 1978 to 1980 and study management accounting. He joined Advent International, a US private equity firm, in 1989.
Jim Ratcliffe Career
Inspec, which leased the former BP Chemicals location in Antwerp, Belgium, was co-founded by Ratcliffe. In order to acquire Inspec and the freehold of the Antwerp site, Ratcliffe founded INEOS in Hampshire in 1998. Ratcliffe started buying unwanted operations from ICI and BP using high-yield debt to finance deals from this small base. He chose targets based on their potential to double their earnings in five years.
Ratcliffe moved INEOS’s headquarters from Hampshire to Rolle, Switzerland, in April 2010, lowering the annual tax bill by £100 million. Ratcliffe declared that he was “very cheerful about coming back to the UK” when he opened the chemicals and energy group’s UK headquarters in Knightsbridge, London, in 2015. The location also houses gas and oil trading and other functions.
Jim Ratcliffe Facts
Ratcliffe has claimed two super yachts, Hampshire and Hampshire II. Feadship built Barbara Jean, his first yacht. He received the 78-metre (256-foot) Feadship Hampshire II, built by Royal Van Lent, in 2012, and he still owns it.
Jim Ratcliffe Net Worth
Jim Ratcliffe is a British billionaire who founded, chairs and owns the majority of the chemical company Ineos Group. According to the billionaire list, his net worth is estimated to be $21 billion in 2023.
Personal Information
| Full Name | Sir James Arthur Ratcliffe |
| Father’s Name | Not Mention |
| Mother’s Name | Not Mention |
| Siblings | Not Mention |
| Date Of Birth | 18 October 1952 |
| Age | 70 Years |
| Birth Place | Failsworth, Lancashire, England |
| Height | 6’ 0” |
| Education | MBA from London Business School |
| Net Worth | $21 Billion |
| Profession | Businessman, Chemical Engineer |
| Relationship Status | Married |
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