Jim Ratcliffe

British engineer and businessman (born 1952)

Sir James Arthur Ratcliffe 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. The company is estimated to have had a turnover of $65 billion in 2021. He does not have a high public profile, and was once described by The Sunday Times as "publicity shy". In May 2018, Ratcliffe was the richest person in the UK, with a net worth of ÂŖ21.05 billion. As of May 2023, the Sunday Times Rich List 2023 estimated his net worth at ÂŖ29.688 billion, making him the second wealthiest figure in the UK. In September 2020, Ratcliffe officially changed his tax residence from Hampshire to Monaco, a move that it is estimated will save him ÂŖ4 billion in tax. In February 2024, Ratcliffe became a minority shareholder in the English football club Manchester United and gained control over sporting operations.

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