| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $19 billion | N/A | October 18, 1952 | Manchester, United Kingdom | Male | N/A | Chemical Engineer, Financier, Industrialist | British |
What is James Ratcliffe’s Net Worth?
James Ratcliffe is a British chemical engineer turned financier and industrialist who has a net worth of $19 billion. He is currently the CEO and the majority owner of Ineos Group, a chemical powerhouse with an estimated turnover of $44 billion.
Highlights
- James Ratcliffe’s net worth is $19 billion.
- He is the CEO and majority owner of Ineos Group.
- Ineos Group has an estimated turnover of $44 billion.
- Ratcliffe prefers to keep a low profile.
- He is considered one of the richest people in the UK.
Early Life
James Ratcliffe was born on October 18, 1952, in Manchester, United Kingdom. He obtained a degree in chemical engineering from the University of Birmingham. After his first job with oil giant Esso, Ratcliffe decided to broaden his skills into finance and pursued further education at the London Business School, studying management accounting and earning an MBA.
Career
James Ratcliffe’s career took off when he founded INSPEC, a company that leased a former BP Chemicals site in Antwerp, Belgium. However, his most significant achievement came in 1998 when he formed Ineos in Hampshire to acquire INSPEC and the freehold of the Antwerp site. Under Ratcliffe’s leadership, Ineos has grown through strategic acquisitions and partnerships.
One of the major milestones for Ineos was the $8.7 billion deal to buy BP Group’s Innovene business in 2005, positioning the company as one of the world’s leading producers of styrene monomer and polystyrene. Ineos has also made other acquisitions, including the purchase of Belgium-based Tessenderlo’s European chlor-vinyls business for $110 million and a joint venture with Germany’s BASF.
Personal Life
James Ratcliffe prefers to keep a low profile and has not been publicly forthcoming about his personal life. Little is known about his family or other personal details.
Net Worth Over Time
James Ratcliffe’s net worth has seen significant growth over time. As the CEO and majority owner of Ineos Group, his net worth is currently estimated at $19 billion. However, it is important to note that net worth estimates are subject to change due to fluctuations in the valuation of assets and investments.
Components of Net Worth
James Ratcliffe’s net worth is primarily derived from his ownership stake in Ineos Group, which is estimated to contribute the majority of his wealth. Additionally, his net worth may include other investments, real estate holdings, and personal assets.
In conclusion, James Ratcliffe is a British chemical engineer turned financier and industrialist with a net worth of $19 billion. He has successfully built and expanded Ineos Group, a chemical powerhouse with significant turnovers. Known for his low profile, Ratcliffe’s wealth primarily stems from his ownership of Ineos Group.