Sir Jim Ratcliffe Biography: Net Worth, Wife, Age, House, Children, Football Club, Man UTD Deal

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Sir James Arthur Ratcliffe (born 18 October 1952), known as Jim Ratcliffe, is a prominent British billionaire, renowned chemical engineer and astute businessman. He proudly wears many hats as the esteemed founder, chairman and chief executive officer (CEO) of chemical corporation INEOS.

Since its founding in 1998, this prestigious group has flourished under his visionary leadership. The company’s remarkable success has resulted in impressive revenues of around $65 billion in 2021.

Jim Ratcliffe’s journey to success is deeply rooted in his academic and professional achievements. With a background in chemical engineering, he graduated with honors and made a significant impact in the industry. His expertise and innovative thinking laid the foundation for the founding of INEOS, a company that later became a powerhouse in the chemical sector.

CEO of Ineos

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Sir Jim Ratcliffe: History ‧ Biography ‧ Photos
Wiki Info & About Data
First and last name: Sir James Arthur Ratcliffe
Stage name: Sir Jim Ratcliffe
Born: October 18, 1952 (age 71)
Place of birth: Failworth, UK
Nationality: brother
Education: University of Birmingham, London Business School
Height: 1.58 m
Parents: Mr. and Mrs. Ratcliffe
Siblings: Bob Ratcliffe
Couple: Amanda Townson (m. 1985–1995), Alicia Ratcliffe
Girlfriend • Partner: Maria Alessia Maresca (example)
Children: Samuel Ratcliffe, George Ratcliffe, Julia Ratcliffe
Job: Businessman • Chemical engineer
Net value: 20.3 billion USD

Early Life & Education

Sir Jim Ratcliffe, a prominent figure in the business world, hails from Failsworth, Lancashire, England, where he was born on October 18, 1952. He grew up in a modest family, with a carpenter father and a working mother. Carpenter. clerk.

Although the specific names of his parents are unknown, they may be referred to as Mr. and Mrs. Ratcliffe. Jim has a brother named Bob Ratcliffe.

Sir Jim Ratcliffe’s educational journey began at Beverly Grammar Schooland he continued to pursue his studies at University of Birmingham, where he earned a Bachelor of Science degree in chemical engineering. He then honed his skills by completing an MBA program at London Business School in 1980.

Career

Sir Jim Ratcliffe’s career began at Exxon Chemicals, where he earned his MBA from the school London Business School. He then joined Courtaulds and was responsible for the successful acquisition of Inspec Group plc in 1992. In 1998, Ratcliffe founded INEOS by purchasing Inspec and the Antwerp site.

He used high-yield debt to fund his acquisitions. He strategically bought underperforming operations from companies like ICI and BP, focusing on targets that could double their earnings in five years.

INEOS acquired BP’s refining and petrochemicals division, Innovene, in 2006. The purchase expanded INEOS’s presence to include refineries and plants in several countries, including including Scotland, Italy, Germany, France, Belgium and Canada.

Led by Sir Jim Ratcliffe, INEOS has achieved significant success and is now recognized as one of the largest and most prosperous chemical companies globally. The company specializes in the production of various petrochemicals, such as ethylene and chlorine, consolidating its leading position in the industry.

Ratcliffe, a passionate adventurer and explorer, bravely embarked on remarkable expeditions to conquer the North and South Poles. Not only did he appreciate thrilling experiences, Ratcliffe also demonstrated altruism and compassion by generously donating millions of pounds to charities and charitable efforts.

Furthermore, he fulfilled his role as a patron of the arts, recognizing their importance in society and actively supporting artists and artistic initiatives. Sir Jim Ratcliffe embodies a multifaceted individual, committed to positively impacting the world by demonstrating his dedication to adventure, charity and the arts.

In August 2022, it was revealed that Ratcliffe wanted to buy Manchester United. This team holds a special place in his heart, as he has been a fan since he was a child. The news followed in January when INEOS made a public announcement that they had begun the formal bidding process for Manchester United. This decision was made after the current owners expressed their intention to find new investors.

On 25 November 2023, Sir Jim Ratcliffe, a wealthy British businessman, will buy a minority stake in the club and then take control of football operations at Old Trafford upon completion of the deal. favorable. Once the deal is officially approved, one of Ratcliffe’s main focuses will be on enhancing the club’s recruitment strategy, as he has previously expressed his displeasure with Manchester United’s transfer practices owned by the Glazer family.

Social Media

Ineos chief executive Sir Jim Ratcliffe does not have a public social media account.

Personal life

Sir Jim Ratcliffe, 71 years old, British businessman and billionaire, has had two marriages throughout his life. His first wife was Amanda Townson.

Jim Ratcliffe has two sons, Samuel Ratcliffe and George Ratcliffe, with his ex-wife, Amanda Townson. Additionally, he has a daughter from a previous relationship with Maria Alessia Maresca, an Italian tax lawyer. Jim Ratcliffe resides in both Monaco and Hampshire, England. In the mid-1990s, he married his second wife, Alicia Ratcliffe, and the couple welcomed a daughter named Julia Ratcliffe.

Alicia is an experienced Italian tax lawyer. They were delighted to have a beautiful daughter named Julia Ratcliffe. Ratcliffe divides his time between his hometown in Hampshire, England, and Monaco.

Net value

Sir Jim Ratcliffe’s net worth is estimated at $20.3 billion, ranking him second among British citizens. He is the founder, chairman and majority shareholder of Ineos Group, a global chemicals company headquartered in London.

Ineos is known as the world’s largest producer of ethylene oxide, a key ingredient in plastic production. In addition, Ineos also produces a variety of other chemicals, such as chlorine, sodium hydroxide and vinyl chloride monomer.

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