James Ratcliffe Net Worth – $19 Billion

What is James Ratcliffe’s net worth?

The latest net worth of James Ratcliffe is $19 billion as of November 2022.

Net Worth:

$19 Billion

Age:

69 years old

Born:

October 18, 1952

Gender:

Male

Height:

Unknown

Country of Origin:

United States of America

Source of Wealth:

Entrepreneur

Last Updated:

November 7, 2022

Who is James Ratcliffe? What is his Profession and Nationality?

British chemical engineer and billionaire became financier and businessman James Ratcliffe.

Ratcliffe is the chairman and CEO of the Ineos chemicals group, which has been estimated to have an annual revenue of $80 billion and of which he still controls two-thirds. He launched the company in 1998.

He doesn’t have a significant public profile and has been dubbed “publicity shy” by the Sunday Times.

James Ratcliffe’s net worth is projected to be $19 billion as of November 2022.

Early Years, Family and Education of James Ratcliffe

The 18th of October 1952 saw the birth of Sir James Arthur Ratcliffe in Manchester.

Ratcliffe is the son of a joiner and an administrative assistant.

His father eventually owned a factory that produced furniture for laboratories. Ratcliffe’s family relocated to Yorkshire when he was ten years old. He attended Beverley Grammar School and resided in Hull until he was 18 years old. Ratcliffe earned a chemical engineering degree from the University of Birmingham in 1974.

Professional Career of James Ratcliffe

Ratcliffe began his career with the multinational oil company Esso, but he later changed his focus to finance by majoring in management accounting and earning an MBA at the London Business School. Later, in 1989, he joined the American private equity firm Advent International.

He was a founding member of INSPEC, the company that leased the former BP Chemicals location in Antwerp, Belgium. Ratcliffe established Ineos in Hampshire in 1998 with the goal of purchasing INSPEC and the freehold of the Antwerp site.

He relocated Ineos’s headquarters from Hampshire to Rolle, Switzerland, in 2010, which resulted in a £100 million annual tax savings for the business.

In Knightsbridge, London, Ratcliffe inaugurated the UK headquarters of the chemicals and energy company in 2015, along with gas and oil trading and other operations, declaring himself “quite joyful about returning to the UK.”

He was OK with UK policies, London as a corporate hub, and the idea of the UK leaving the EU didn’t bother him. It continues to be an Anglo-Swiss firm “for the time being.”

James Ratcliffe’s net worth was $19 billion as of November 2022.

How Does James Ratcliffe Spend His Money?

One of James Ratcliffe’s expenses is his real estate.

James Ratcliffe’s Home and Other Purchases

Ratcliffe resides in Hampshire and Monaco.

He constructed a new luxury property in 2017 to replace a two-bedroom shack in Thorns Beach, close to Beaulieu, on the Hampshire coast. Hampshire and Hampshire II are two superyachts that Ratcliffe has owned. Feadship constructed his first boat under the name Barbara Jean.

Career and Job Highlights of James Ratrcliffe

Here are a few of James Ratcliffe’s career high points:

  • Chief Executive Officer and Chairman of the Board of Ineos Chemicals

What are the famous quotes by James Ratcliffe?

“Unions can play a valuable role in large organizations where it is difficult to talk to a thousand people. They can negotiate annual pay awards with management, represent grievance cases, and explain and advise on complicated changes in employment or pension law.” – Jim Ratcliffe

“It would be nice if areas could be revitalized – like places in the U.S. such as Pittsburgh, for example, which have been transformed through shale. There you have shiny cars in a shiny city because of the development of shale in an old industrial heartland.” – Jim Ratcliffe

“Germany has great skill levels, great infrastructure, high-quality plant. If you go to the U.K., we’re very creative, and we’ve got the language, but energy costs are pretty much the most expensive in the Western world; pensions are pretty expensive, and the skills are significantly below those in Germany and the U.S.” – Jim Ratcliffe

“I think the U.K. would be perfectly successful as a standalone country, parts of the European marketplace like Norway and Switzerland but without the expensive E.U. bureaucracy.” – Jim Ratcliffe

“Brussels has become inefficient and very bureaucratic, which makes it slow to do things. The concept of the United States of Europe will never work.” – Jim Ratcliffe

3 Principles of James Ratcliffe

Let’s look at some of the things we can learn from James Ratcliffe now that you are fully aware of his net worth and the means by which he attained success.

1. Go Your Way

Individuals who are frightened to attempt and those who are worried you will succeed are the two groups of people who will tell you that you cannot change the world.

2. Defeats

We may have many setbacks, but we must not give up.

3. Settle

You will have to accept the ordinary if you are not willing to take a chance on it.

Questions and Answers

What is James Ratcliffe’s net worth?

According to estimates, James Ratcliffe is worth $19 billion.

What is James Ratcliffe’s age?

James Ratcliffe, who turned 70 years old on October 18, 1952, was born.

What is James Ratcliffe’s height?

The height of James Ratcliffe is Unknown.

Summary

James Ratcliffe, a British chemical engineer who later became a financier and businessman, has been serving as Ineos Group‘s chairman.

Ratcliffe, one of the wealthiest individuals in the modern UK, tries to maintain a low profile. He serves as the group’s chairman and CEO. Uneos Chemicals was created in 1998.

James Ratcliffe’s net worth was approximately $19 billion as of November 2022.