Sir Jim Ratcliffe, a petrochemicals tycoon worth around £21BILLION, is Britain's richest man and could afford to buy any club. He also owns a property in tax haven Monaco. According to TrendCelebsNow.com, famous Engineer Jim Ratcliffe's net worth is $1 Million - $5 Million. All Rights Reserved. Barclays Capital analyst James Ratcliffe apparently thinks so. As a result, plans to rebuild Stamford Bridge have been put on hold and the need for a new stadium is one reason why Sir Jim will not pay £2.5bn for the club. 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. Sir Jim Ratcliffe purchased Swiss top flight football team FC Lausanne-Sport in 2017. The Secret Footballer Twitter account claimed that Sir Jim is closing in on purchasing the Blues. 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 He has owned two superyachts, and in 2012 he took delivery of the 78-metre Hampshire II, which he still owns. 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. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. His acquisitions also include French football giants, … Sources close to Chelsea though were quick to rule out any sale. To inquire about a licence to reproduce material, visit our Syndication site. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services. We pay for your stories! 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. Chelsea fans are watching closely as their club are subject of interest from billionaire Sir Jim Ratcliffe. The chemicals giant has an annual turnover of about £45bn and employs more than 18,500 people at 181 sites across 22 countries. He is from United Kingdom. Source(s) of wealth: Red Bull. Ratcliffe dropped to 5th richest after his net worth reduced by £6bn (boo hoo). The Brexit-backing businessman is the chairman and CEO of chemicals group Ineos. 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. James Arthur Jim Ratcliffe (born 18 October 1952) is a British chemical engineer turned financier and industrialist. The Brexit-backing businessman is the chairman and CEO of chemicals group Ineos. The London-based conglomerate produces everything from synthetic oils and plastics to solvents used to make insulin and antibiotics. 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). Sir Jim Ratcliffe is a 66-year-old businessman who is the chairman and CEO of chemical manufacturer Ineos. 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. 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. The event was bankrolled by petrochemicals company Ineos, owned by Sir Jim Ratcliffe. Here's what we know … Net worth: $18.9billion. Ratcliffe was knighted in the Queen's Birthday Honours list on June 2, 2018. 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. 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. 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. Generally speaking, the bigger the hexagon is, the more valuable Jim Ratcliffe networth should be on the internet! He was named the UK's richest person in May 2018 with a fortune of £21.05billion. He is the first British-born industrialist to top the list, according to a Sunday Times profile. James Ratcliffe Net Worth: James Ratcliffe is a British chemical engineer turned financier and industrialist who has a net worth of $19 billion. Born: Failsworth, Greater Manchester. The stock closed yesterday at $2.15. Britain’s richest man, the Brexit supporter Sir Jim Ratcliffe, and two of his key lieutenants at chemicals firm Ineos have reportedly been planning to save up to £4bn in tax after moving to Monaco. We pay for videos too. "We continue to find the long LMCA/short SIRI trade attractive (even though the spread has been [...], Sirius XM shares are too pricey, Barclays analyst James Ratcliffe asserts in a research note this morning, launching coverage of the satellite radio company's shares with an Underweight rating and $2 target. 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 increased his wealth by more than £15billion in 2017 to take the top spot on the Sunday times Rich List. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. All Rights Reserved, Photo by Steven Paston/ZUMA Press/Newscom. Who is Jim Ratcliffe and what is his net worth? 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. To see all content on The Sun, please use the Site Map. Both billionaires have found it much harder than expected. 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. A decade on, the contactless critics were so wrong. Do you have a story for The Sun Online news team? Jim Ratcliffe divorced wife Amanda Townson in 1995 after a ten-year marriage. NetworthWikia.com published an article about Jim Ratcliffe & said that Jim's net worth is $20 Million. © 2021 Forbes Media LLC. Sir Jim recently said that he looks forward to Britain throwing off the shackles of Brussels when we finally quit the EU. Its "Dragon Ships" -- behemoth 600 foot gas carriers -- were the first to transport U.S. shale gas into Europe. 8. Then, in April 2010, Ratcliffe relocated Ineos' head office to Rolle in Switzerland, cutting the company's tax bill by £100million per year. However, in July fresh reports emerged linking him with a takeover of the club. They had two sons. 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. He said: "The Brits are perfectly capable of managing and don't need Brussels telling them how to manage things.". In 2006, Ineos bought BP's refining and petrochemical arm Innovene, giving Ineos refineries and plants in Scotland, Italy, Germany, France, Belgium and Canada. Ineos also owns Swiss soccer team Lausanne, British fashion brand Belstaff, and is building a successor to Land Rover's discontinued off-roader Defender. 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 And the keen cyclist is now set to imminently complete a deal to buy Team Sky and provide it with the funding to continue after 2019. 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. 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. CHEMICAL engineer Jim Ratcliffe topped the Sunday Times Rich List 2018 with a personal fortune estimated at £21.05billion. The billionaire has approached Roman Abramovich to buy Chelsea Football Club. 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. 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 … 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. "We believe the SIRI business is healthy and expect material growth in EBITDA [...], Time to reach for the Starz? The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. British billionaires Dyson and Ratcliffe believed in Brexit and made plans to build two very different, very British cars. McTominay scores early as United progress to FA Cup fourth round, Man Utd transfer news LIVE: Follow all the latest from Old Trafford, Mendy flouted lockdown AGAIN by flying in girl from Greece for four-day romp, Smith Rowe and Aubameyang score late in ET to stun Toon, Martinelli 'in tears & lot of pain' as Arsenal boss Arteta confirms injury, ©News Group Newspapers Limited in England No. The Brexit-backing businessman is the chairman and CEO of chemicals group Ineos: 1 London Street. Chelsea fans are watching closely as their club are subject of interest billionaire. Limited 's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy provided. What is his net worth is $ 1 Million - $ 5 Million Hampshire,... Provided on news group Newspapers Limited buy Chelsea Football club are understood to have been rejected by the Russian.... 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