Age | 72 |
Occupation | Chairman and CEO |
Company | Ineos |
Country | United Kingdom |
Position Last Year | Up |
Sir Jim Ratcliffe, better known as Jim Ratcliffe, is not your typical billionaire. Born on October 18, 1952, the 72-year-old British industrialist has built a career that spans far beyond boardrooms and chemical plants. As the founder, chairman, and CEO of INEOS, one of the world’s largest chemical companies, Ratcliffe transformed a small enterprise in 1998 into a global powerhouse.
His financial ascent has been nothing short of remarkable. In 2018, he topped the UK’s rich list with a net worth of £21.05 billion. By 2023, that figure had ballooned to £29.7 billion, making him the second richest person in the UK, according to the Sunday Times Rich List. Never one to miss a strategic opportunity, Ratcliffe moved his tax residence to Monaco in 2020, reportedly saving up to £4 billion—a move that drew both admiration and criticism.
But Ratcliffe isn’t just about spreadsheets and savings. His passions have led him into the world of elite sports, where his presence is increasingly impossible to ignore. In 2020, INEOS inked a major five-year deal to become the principal partner of the Mercedes-AMG Petronas Formula 1 Team, aligning Ratcliffe’s name with the pinnacle of motorsport. The move wasn’t just symbolic—it was a declaration of intent. F1 is about speed, precision, and innovation, values that mirror his business philosophy.
READ MORE: Nasdaq and Mercedes-AMG PETRONAS F1 Unite to Turbocharge Technological Innovation
His sporting ambitions didn’t stop there. In February 2024, he shook up the football world by acquiring a minority stake in Manchester United, taking control of the club’s sporting operations—a bold play that hints at his growing influence in global athletics.
Whether steering a chemicals empire or navigating the high-stakes worlds of Formula 1 and football, Ratcliffe continues to defy convention. With INEOS branded on the side of a championship-winning F1 car and now on the pitch at Old Trafford, he’s not just a businessman—he’s a game-changer in every sense.
prev View full list next