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A keen adventurer, Ratcliffe has made expeditions to the North and South Poles as well as a three-month-long motorbike trek in South Africa. But the 66-year-old came from humble beginnings. Ratcliffe, estimated to be worth over £13billion, will add the F1 team to his company's sports portfolio. Barclays Capital analyst James Ratcliffe apparently thinks so. An adventure seeker, Ratcliffe has made trips to both the North and South poles, and went on a month-long motorbike trip in South Africa in 2015. Born: Failsworth, Greater Manchester. Jim Ratcliffe, who founded chemical firm Ineos, topped the list with an estimated worth of £21.05bn - after coming 18th last year. "We believe the SIRI business is healthy and expect material growth in EBITDA [...], Time to reach for the Starz? Team(s): … Sir Jim Ratcliffe is a self-made billionaire and was Britain's richest man in 2018, with a net worth of £21billion. New accounts for Chelsea show that the Premier League club is still dependent on Roman Abramovich’s money to complete at the top end of the English Premier League. © 2021 Forbes Media LLC. He was named the UK's richest person in May 2018 with a fortune of £21.05billion. Ineos also owns Swiss soccer team Lausanne, British fashion brand Belstaff, and is building a successor to Land Rover's discontinued off-roader Defender. © 2021 Forbes Media LLC. Over the summer, amid all the talk of a Middle Eastern takeover of Newcastle United, one man much closer to home was baulking at the valuation set by owner Mike Ashley. Sir Jim also has one daughter with his second wife, Alicia. Ratcliffe is also the first UK-born person to top the rich list since the Duke of Westminster in 2003. Sir Jim Ratcliffe has been confirmed as the new owner of Team Sky, soon to be renamed Team Ineos after his petrochemicals company. Source(s) of wealth: Red Bull. All Rights Reserved, Photo by Steven Paston/ZUMA Press/Newscom. The Brexit-backing businessman is the chairman and CEO of chemicals group Ineos. Runner Eliud Kipchoge, 34, smashed his target by 20 seconds to complete the race in 1:59:40 in the Ineos 1:59 Challenge in Vienna today. To inquire about a licence to reproduce material, visit our Syndication site. Here's what we know … Sir Jim Ratcliffe purchased Swiss top flight football team FC Lausanne-Sport in 2017. We pay for your stories! Barclays analyst James Ratcliffe this morning upped his rating on Sirius XM to Equal Weight from Underweight, while boosting his view on the satellite radio company's largest holder, Liberty Media, to Overweight from Equal Weight. With a net worth estimated at £21bn, Ratcliffe … To see all content on The Sun, please use the Site Map. Net worth Source of wealth Hinduja family: 22 billion: Industry and finance Jim Ratcliffe: 18.2 billion: Chemicals Leonard Blavatnik: 14.4: Investment, music and media James Dyson and family: 12.6 billion: Household goods and technology Kirsten and Jorn Rausing: 12.3 billion: Inheritance and investment Charlene de Carvalho-Heineken: 12 billion From a small base in Hampshire, using high-yield debt to fund deals, he started buying unwanted operations from groups such as BP, picking targets based on their potential to double their earnings over a five year period. He lives in Chelsea and Hampshire and, in May 2017, submitted his fifth plan to build a luxury home at Thorns Beach, near Beaulieu - to replace an existing two-bedroom bungalow. Ineos, which is run by founder and British billionaire Jim Ratcliffe, said it had signed a memorandum of understanding with Hyundai to explore producing and supplying hydrogen for commercial use. Britain's richest man Ratcliffe, 66, has a net worth of £21bn By Adam Shergold for MailOnline Published: 05:31 EST, 19 March 2019 | Updated: 11:45 EST, 19 March 2019 As the coronavirus pandemic destroys businesses and lives around the world, companies and wealthy individuals of all kinds are stepping up to slow the virus’s spread and help find a cure. Jim Ratcliffe divorced wife Amanda Townson in 1995 after a ten-year marriage. A decade on, the contactless critics were so wrong. Forbes state that Ratcliffe’s net worth is … Sir Jim Ratcliffe, a petrochemicals tycoon worth around £21BILLION, is Britain's richest man and could afford to buy any club. Abramovich has reportedly become detached from the club since he was denied a visa renewal in 2018 and forced to use an Israeli passport to visit the UK six months at a time. Sources close to Chelsea though were quick to rule out any sale. He contends that recent weakness in the stock creates an attractive entry point, [...], Hyundai’s Hydrogen Car Ambitions Get A Boost From British Billionaire’s Chemical Giant, Meet The Danish Entrepreneur Selling Used Cycle Clothing Worn By Professional Riders, Lessons In Global Mobility And Tax: Sir James Packs His Bags. The Brexit-backing businessman is the chairman and CEO of chemicals group Ineos. In 2006, Ineos bought BP's refining and petrochemical arm Innovene, giving Ineos refineries and plants in Scotland, Italy, Germany, France, Belgium and Canada. Do you have a story for The Sun Online news team? 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. He has owned two superyachts, and in 2012 he took delivery of the 78-metre Hampshire II, which he still owns. Ratcliffe was knighted in the Queen's Birthday Honours list on June 2, 2018. Ratcliffe dropped to 5th richest after his net worth reduced by £6bn (boo hoo). Net worth: $18.9billion. According to TrendCelebsNow.com, famous Engineer Jim Ratcliffe's net worth is $1 Million - $5 Million. He increased his wealth by more than £15billion in 2017 to take the top spot on the Sunday times Rich List. Sir Jim Ratcliffe factfile: Net worth: £21billion. As the gravity of the Corona crisis became apparent, perhaps anticipating outrage over societal inequality and greater scrutiny of their enormous wealth, many billionaires are keen to show they are doing their part. 1 JIM RATCLIFFEChemicals£21.05bn £15.3bnIt has taken Jim Ratcliffe just 20 years to make a fortune of more than £21bn. ProOwnedCycling is a Danish startup that, in effect, recycles cycle clothing; cycle clothing either worn by pro riders or supplied to them and never worn. Ratcliffe mortgaged his house in 1992 to lead the buyout of a BP chemicals business; 6 years later, he bought a plant from that firm to form Ineos. Sir Jim recently said that he looks forward to Britain throwing off the shackles of Brussels when we finally quit the EU. Email us at tips@the-sun.co.uk or call 0207 782 4368 . We pay for videos too. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Why Billionaire Brexiteers Dyson And Ratcliffe Can’t Commit To Building Cars In Britain, Coronavirus Business Tracker: How The Private Sector Is Fighting The Covid-19 Pandemic, Billionaire Roman Abramovich Still Pumping Money Into Chelsea Despite Losing Love For London, Jeremy Corbyn Launches Election Campaign With Attack On Billionaires, Tax Dodgers And A ‘Corrupt System’, Mike Ashley’s Valuation of Newcastle United Halted Takeover By Britain’s Richest Man, Rich Need To Tackle Climate Change As Research Shows It Will Eventually Make Them Poorer, Your Next Luxury Safari: Asilia's Jabali Ridge in Southern Tanzania, New Billionaire: How A Poor Immigrant Scored A $4.3 Billion Fortune In Cable, How 'wave and go' took over the high street, BP's Sale Of North Sea Forties Pipeline To Ineos Is Indicative Of A Strategic Shift, Sirius XM, Liberty Media: Barclays Ups Ratings On Both, Sirius XM Overpriced, Barclays Says; Launches At Underweight, Liberty Starz Shares Spike As Barclays Ups To Overweight. Its "Dragon Ships" -- behemoth 600 foot gas carriers -- were the first to transport U.S. shale gas into Europe. Millions of Brits unwittingly use Ineos products every day. Some of the leading scientists in the U.K. have written an open letter to the country's 100 wealthiest families, asking for an "extraordinary increase" in their funding for environmental causes, a week after research shows that climate change will make them poorer. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Comments are subject to our community guidelines, which can be viewed, Jim Ratcliffe tops the Rich List chart with his fortune of £21.05billion, Sir Jim Ratcliffe pictured with world champ Eliud Kipchoge, Jim Ratcliffe with Carolyn McCall OBE, Chief Executive of easyJet, at a Sunday Times 'Has Britain Been Great For Business' event, The Brexit-backing businessman is the chairman and CEO of chemicals group Ineos, The event was bankrolled by petrochemicals company Ineos, reports emerged linking him with a takeover of the club, he and two other Ineos executives are planning to move to Monaco, Independent Press Standards Organisation (IPSO). Disclamer: Jim Ratcliffe net worth are calculated by comparing Jim Ratcliffe's influence on Google, Wikipedia, Youtube, Twitter, Instagram and Facebook with anybody else in the world. The Secret Footballer Twitter account claimed that Sir Jim is closing in on purchasing the Blues. The company has a sales revenue of around $90bn (£67.8bn), with Ratcliffe the chairman and 60% shareholder. Here's what we know about the UK's richest man, who could be set to purchase Chelsea. Brought up in a council house near Manchester by his joiner dad and office manager mum, he went on to study for an MBA from London Business School. They are used to clean water, make toothpaste, manufacture antibiotics, insulate homes and package food. The businessman, according to the Sunday Times, is worth a whopping £21.05 billion The businessman, according to the Sunday Times, is worth a whopping £21.05 … Tax Notes International contributing editor Robert Goulder examines why the United Kingdom’s richest man is leaving the country for Monaco. It has also become one of the largest players in the U.K. shale sector after entering the market in 2014. However, in July fresh reports emerged linking him with a takeover of the club. In August 2018 it was revealed he and two other Ineos executives are planning to move to Monaco, although the company's HQ will remain in the UK. He received the honour for services to business and investment. View our online Press Pack. This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. On his 55-year journey from penniless Italian immigrant to multibillionaire cable magnate, Rocco Commisso has shown an uncanny knack for being at the right place at the right moment—and taking full advantage of it. Jeremy Corbyn struck a populist tone hitting out at billionaires, “tax dodgers” and “bad landlords” at the launch of the Labour Party’s general election campaign. He said: "The Brits are perfectly capable of managing and don't need Brussels telling them how to manage things.". The event was bankrolled by petrochemicals company Ineos, owned by Sir Jim Ratcliffe. Click here to upload yours. Dietrich Mateschitz. But in March 2019, The Times said Ratcliffe is keen to purchase Chelsea, if owner Roman Abramovich drops his £2.5bn asking price. Ratcliffe’s lieutenants, John Reece and Andy Currie, have a combined net worth of about $14 billion, according to Bloomberg’s wealth index, thanks to their holdings in the company. But his advances are understood to have been rejected by the Russian oligarch. Ratcliffe is the chairman and chief executive officer of the Ineos chemicals group, which he founded in 1998 and still owns two-thirds of, and which has been estimated to have a turnover of $44bn. Ratcliffe is the chairman and chief executive of the Ineos chemicals group, which he founded in 1998. Jim Ratcliffe is a fracking and chemicals entrepreneur who has topped chart of the UK's wealthiest 1,000 people in The Sunday Times Rich List 2018. His acquisitions also include French football giants, … James Ratcliffe Net Worth: James Ratcliffe is a British chemical engineer turned financier and industrialist who has a net worth of $19 billion. Both billionaires have found it much harder than expected. Jim Ratcliffe is a fracking and chemicals entrepreneur who has topped chart of the UK's wealthiest 1,000 … UK’s richest person Jim Ratcliffe surfaces as Monaco resident The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. The billionaire has approached Roman Abramovich to buy Chelsea Football Club. Reserved, Photo by Steven Paston/ZUMA Press/Newscom to make insulin and antibiotics of Westminster in 2003 to company., news, education, and in 2012 he took delivery of the club interest from sir. Man and could afford to buy any club a year in tax … in 2010 moved... 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