JIM Ratcliffe is the founding father of the fourth largest chemical firm on this planet: Ineos. 

The investor, identified for his large stake in Manchester United, made headlines when he appeared on a prestigious 2025 wealthy record. 

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Turning into a billionaire

Jim got here from very humble beginnings and was introduced up in a council home close to Manchester. 

Born on October 18, 1952, he was raised by his mum, an workplace supervisor, and his dad who was a joiner. 

Ratcliffe’s first job was with oil big Esso however he later went on to check for an MBA at London Enterprise Faculty.

In 1989, he joined US non-public fairness group Introduction Worldwide which kickstarted his profession in enterprise. 

Jim based Ineos from a small base in Hampshire in 1998. 

Utilizing high-yield debt to fund offers, he began shopping for undesirable operations from teams akin to power big BP, selecting targets primarily based on their potential to double their earnings over a 5 yr interval.

In 2006, Ineos purchased BP’s refining and petrochemical arm Innovene, giving Ineos refineries and crops in Scotland, Italy, Germany, France, Belgium and Canada.

Then, in April 2010, Ratcliffe relocated Ineos’ head workplace to Rolle in Switzerland, slicing the corporate’s tax invoice by £100million per yr.

Ineos merchandise are used on daily basis to wash water, make toothpaste, manufacture antibiotics, insulate properties and bundle meals.

Touchdown on the wealthy record

The CEO’s large wealth landed him on a prestigious 2025 wealthy record. 

Nonetheless, he dropped right down to seventh place after reportedly shedding £6.5 billion. 

The businessman was ranked at seventh place on the record and has a web price of £17 billion. 

In February 2024, he turned a minority shareholder in his favorite soccer crew: Manchester United. 

Since taking up the membership, there was a wave of redundancies at Manchester United and a brand new stadium can be constructed for the crew. 

Nonetheless, the stadium will reportedly price a staggering £2 billion.

The CEO’s household life

Jim has two sons, named George and Samuel, with his first spouse Amanda Townson.

He cut up with Amanda in 1995 after being married to her for ten years.

The billionaire went on to welcome a daughter, Julia, together with his second spouse, Italian tax lawyer Maria Alessia Maresca.

Jim reportedly tied the knot with Alicia within the late Nineteen Nineties, earlier than the pair cut up only a few years later.