Sir Jim Ratcliffe Net Worth in 2023 How Rich is He Now?
Updated Sep 27, 2023
How much is Sir Jim Ratcliffe's Net Worth?
So how much is Sir Jim Ratcliffe worth? According to our research, Sir Jim Ratcliffe's net worth is estimated to be $19 Billion Dollars. In 1992, Ratcliffe used his house as collateral to purchase a BP chemicals business. Six years later, he acquired a plant from that same company to establish Ineos. Then, in 2021, Ineos acquired two chemicals businesses from BP for $5 billion. In 2022, Ineos entered into petrochemical partnerships with Sinopec, amounting to over $7 billion in value.
Name
Sir Jim Ratcliffe
Net Worth( 2023)
$19 Billion Dollars
Profession
British Billionaire, Chemical Engineer and Businessman
Date of Birth
18 October 1952
Age
70 years old
Height
140 cm (4 Feet 7 Inches)
Weight
(125 lbs) 57 kg
Birthplace
Failsworth, United Kingdom
Nationality
British
Who is Sir Jim Ratcliffe?
Sir James Arthur Ratcliffe is a British billionaire, chemical engineer, and accomplished businessman. He serves as both the chairman and CEO of INEOS, a chemical company that he established back in 1998. INEOS, under his leadership, has grown significantly and, as of 2021, boasts an estimated turnover of a remarkable $65 billion. Born on October 18, 1952, Ratcliffe has left an indelible mark on the business world, having been recognized as the richest man in the United Kingdom in 2010. His net worth reached an impressive £21 billion in 2018.
Beyond his prowess in business, Ratcliffe has shown a keen interest in sports. Notably, his company owns football clubs, including Ligue 1 side Nice and the Swiss team FC Lausanne-Sport. Ratcliffe is a lifelong fan of Manchester United, and he made headlines by submitting a bid to acquire the soccer team, expressing his desire to "put the Manchester back into Manchester United."
In recent years, Ratcliffe's business ventures have expanded beyond chemicals. He made headlines with plans to develop a new vehicle based on the Land Rover Defender, a classic model that was discontinued in 2016. This diversification reflects Ratcliffe's adaptability and innovation in the ever-evolving business landscape.
Real Name
James Arthur Ratcliffe
Date of birth
18 October 1952
Age
70 years old
Height
140 cm (4 Feet 7 Inches)
Weight
(125 lbs) 57 kg
Birth Place
Failsworth, United Kingdom
Gender
Male
Profession
British Billionaire, Chemical Engineer and Businessman
Nationality
British
Education
University of Birmingham, Beverley Grammar School, London Business School
Zodiac Sign
Libra
Divorce
Amanda Townson (m. 1985–1995), Alicia Ratcliffe
How old is Sir Jim Ratcliffe?
Sir Jim Ratcliffe was born on October 18, 1952, according to this, his age is 70 years old as of now. His age reflects a life filled with remarkable achievements, from humble beginnings to becoming a billionaire industrialist. Despite the passing years, Ratcliffe remains an influential figure in the business world, continuing to shape industries and contribute to the global economy.
Born in the industrial heartland of Lancashire, Ratcliffe's early experiences likely played a significant role in shaping his entrepreneurial spirit. With each passing year, he has amassed more knowledge and expertise, further cementing his legacy as a leader in the chemicals and manufacturing sector. As he turns 71, it is clear that age has not dampened his drive or enthusiasm for innovation and business growth.
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How tall is Sir Jim Ratcliffe?
Sir Jim Ratcliffe stands at a height of 140 cm (4 feet 7 inches) and maintains a weight of 57 kg (125 lbs). While his height may be below the average for an adult, it is essential to note that physical stature does not define his immense stature in the business world. His achievements and contributions to the chemicals and manufacturing industry far outweigh any considerations of his physical attributes.
Physical Attributes
Measurements
Height
140 cm (4 Feet 7 Inches)
Weight
(125 lbs) 57 kg
What is Sir Jim Ratcliffe Nationality?
Sir Jim Ratcliffe holds British nationality. His birthplace in Failsworth, Lancashire, England, and his substantial contributions to the United Kingdom's industrial and economic landscape solidify his identity as a British national. Ratcliffe's patriotic sentiments are reflected not only in his business ventures but also in his philanthropic efforts to support various causes within the country. As a British national, he remains a notable figure both within the business world and in his dedication to contributing to the betterment of the United Kingdom and beyond.
Sir Jim Ratcliffe Career
Sir Jim Ratcliffe is the founder, chairman, and majority owner of Ineos Group, a prominent London-based chemical company.
In 1998, Ratcliffe successfully acquired INEOS plc from Inspec, subsequently assuming the position of chairman, a role he has held ever since.
Ineos stands as one of the world's foremost chemical producers, specializing in the manufacture of synthetic oils, plastics, and solvents. These products have critical applications in the production of essential medical items like insulin and antibiotics.
Ratcliffe is recognized as Britain's wealthiest individual, boasting a net worth estimated at approximately £13 billion.
Notably, Ratcliffe's company extends its reach into the world of sports, with ownership of Ligue 1 side Nice and the Swiss team FC Lausanne-Sport. This demonstrates Ratcliffe's diverse interests and investments beyond the realm of chemicals and industry.
Sir Jim Ratcliffe Achievement and Awards
Here are some of Sir Jim Ratcliffe's notable awards and achievements:
Petrochemical Heritage Award (2013): This prestigious award was bestowed upon him at the International Petrochemical Conference held in San Antonio, Texas. It stands as a testament to his significant contributions and achievements in the petrochemical industry, highlighting his leadership and innovation in the field.
Knighthood (2018): In 2018, Sir Jim Ratcliffe was awarded a knighthood for his exceptional services to business and investment. This recognition acknowledges his remarkable accomplishments and leadership in the corporate world, underlining his positive impact on the UK's business landscape.
Honorary Fellowship (2009): The Institution of Chemical Engineers conferred upon Ratcliffe an honorary fellowship in 2009. This esteemed recognition was granted in acknowledgment of his outstanding leadership in establishing and nurturing the INEOS Group, emphasizing his instrumental role in the chemical engineering sector.
Beyond his accolades and honors, Sir Jim Ratcliffe has a diverse portfolio of business endeavors:
Chairmanship of INEOS: He holds the position of chairman at INEOS, a prominent chemical company, showcasing his enduring commitment and leadership within the organization.
Ownership of Swiss Soccer Team Lausanne: Ratcliffe's ownership extends to the Swiss soccer team Lausanne, reflecting his engagement and interest in sports ventures.
Ownership of British Fashion Brand Belstaff: He also possesses ownership of the British fashion brand Belstaff, further diversifying his business interests.
Development of Land Rover Defender Successor: Ratcliffe is actively involved in the development of a successor to Land Rover's Defender, indicating his innovative vision in the automotive sector.
Green Hydrogen Investment (2021): In a forward-looking move, he announced plans in 2021 to invest over €2 billion (£1.7 billion) into electrolysis projects aimed at producing zero-carbon green hydrogen across Europe. This initiative underscores his commitment to sustainability and addressing environmental challenges through cutting-edge technologies.
Sir Jim Ratcliffe Net Worth - FAQ
Sir Jim Ratcliffe is known as a British Billionaire, Chemical Engineer and Businessman. Sir Jim Ratcliffe was born on 18 October 1952 and presently Sir Jim Ratcliffe is 70 years old.
As of 2023, Sir Jim Ratcliffe's net worth is $19 Billion Dollars. Sir Jim Ratcliffe is a British Billionaire, Chemical Engineer and Businessman who was born on 18 October 1952.
Sir Jim Ratcliffe the successful British Billionaire, Chemical Engineer and Businessman weighs (125 lbs) 57 kg. Get to know more about Sir Jim Ratcliffe from the above article.
Sir Jim Ratcliffe is a British Billionaire, Chemical Engineer and Businessman who stands 140 cm (4 Feet 7 Inches) tall.
Sir Jim Ratcliffe was born on 18 October 1952. Sir Jim Ratcliffe is 70 years old.