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Jim Ratcliffe information


Sir
Jim Ratcliffe
FIChemE
Ratcliffe in 2013
Born
James Arthur Ratcliffe

(1952-10-18) 18 October 1952 (age 71)
Failsworth, England
Alma mater
  • University of Birmingham (BSc, MSc)
  • London Business School (MBA)
Occupation(s)Chairman, CEO and founder of INEOS
SpouseAmanda Townson (div.)
Children3

Sir James Arthur Ratcliffe FIChemE (born 18 October 1952) is a British billionaire, chemical engineer, and businessman. Ratcliffe is the chairman and chief executive officer (CEO) of the INEOS chemicals group, which he founded in 1998.

In May 2018, Ratcliffe was the richest person in the UK, with a net worth of £21.05 billion.[1] As of May 2023, the Sunday Times Rich List 2023 estimated his net worth at £29.688 billion, making him the second wealthiest figure in the UK.[2] In September 2020, Ratcliffe officially changed his tax residence from Hampshire to Monaco, a move that it is estimated will save him £4 billion in tax.[3]

He does not have a high public profile, and was once described by The Sunday Times as "publicity shy".[4][5] In February 2024, Ratcliffe became a minority shareholder in the English football club Manchester United and gained control over sporting operations.

  1. ^ Watts, Robert, ed. (13 May 2018). "The Rich List: At last, the self-made triumph over old money". The Sunday Times. Retrieved 13 May 2018.
  2. ^ "Sir Jim Ratcliffe net worth — Sunday Times Rich List 2023". Retrieved 21 May 2023.
  3. ^ Neate, Rupert (25 September 2020). "Sir Jim Ratcliffe, UK's richest person, moves to tax-free Monaco". The Guardian. Retrieved 25 September 2020.
  4. ^ Dominic O'Connell (29 April 2007). "Ratcliffe in richest top 10". Times Online. London. Retrieved 22 June 2008.
  5. ^ Grainne Gilmore (21 April 2008). "Business big shot: Jim Ratcliffe". The Times. London. Retrieved 22 June 2008.

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