| Name: | Jim Ratcliffe |
| Net Worth: | $13 billion |
| Source of Wealth: | INEOS |
| Born: | October 18, 1952 |
| Age: | |
| Country: | UK |
| Wife: | Alicia Ratcliffe |
| Children: | 3 (sons Samuel James and George Arthur and 1 daughter) |
| Residence: | St Jean Cap Ferrat, France |
| Private Jet: | Gulfstream G650 (M-OVIE), Gulfstream G550 (M-USIC), Gulfstream G280 (M-ISTY), Gulfstream G280 (M-INTY) , Dassault Falcon 2000EX (M-CHEM) |
| Yacht | Hampshire II |
| Yacht (2) | Sherpa |
James Ratcliffe is the founder and CEO of Ineos. Ineos is one of the largest petrochemical companies in the world. Ratcliffe was born on October 18, 1952. He is married to Alicia Ratcliffe. He has 3 children, 2 sons, and a daughter. He started working at Esso as a chemicals engineer.
In 1998 he formed Ineos. Jim Ratcliffe acquired unwanted operations from companies as BP and Imperial Chemical Industries. ICI is now part of Akzo Nobel. He used high yield debt to finance the deals.
Ratcliffe’s biggest acquisition was the GBP 5 billion purchase of BP’s Innovene petrochemical operation. Which was giving him refineries in Scotland, Italy, Germany, France, Belgium, and Canada.
The INEOS Group is active with fracking and shale gas in the UK.
Nowadays Ineos has 15,000 employees. And realizes sales of US$ 40 billion with 60 manufacturing sites in 13 countries. In 2010 Ratcliffe moved Ineos to Switzerland, saving £100m a year in tax.
His net worth is $13 billion. He is considered to be the richest man in the UK. In 2018 he was number 1 on the UK rich list.
He resides with his wife Alicia Ratcliffe in Switzerland. But recently announced to move to tax-
Ratcliffe has made trips to both the North and South poles. And in 2015 he went on a month-
He is the founder of Go Run for Fun. It is a charity inspiring children in the UK to be more active through running events. The GO Run For Fun program has a very simple aim. To get as many kids between the age of 5 and 10 running as possible.
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Ratcliffe is also the owner of the 74 meter Sherpa yacht. She was built at Feadship in 2018. Sherpa is an expedition-styled yacht. She is designed by RDW.
According to rumors he ordered the yacht for his two sons Sam Ratcliffe and George Ratcliffe. The Sherpa yacht can accommodate 13 guests and 25 crew. Sherpa is powered by 2 MTU Engines.
These yachts are not owned by Ratcliffe but by his business partners Andrew Currie and John Reece.
Both are directors at Ineos: Andrew Currie is Director and John Reece is CFO. Both own a minority stake in Ineos. The net worth of each is US$ 4.4 billion. So more than enough to own a yacht of their own.
Andrew Currie owns the Feadship yacht Hampshire I (ex Barbara Jean) and the Feadship Hampshire. Hampshire was built as Vanish for Larry van Tuyl. Hampshire 1 (ex Barbara Jean) was first owned by Ratcliffe, but he sold the yacht to Currie.
John Reece owns the Feadship New Hampshire (ex Rasselas). She is listed for sale. So he is probably buying another yacht. Do you know more about a new yacht for John Reece? Please do send us a message.
Update: we were told that John Reece bought the Abeking and Rasmussen Kibo and named her Grace.
That is a break with tradition (no Feadship and no ‘Hampshire’). Maybe her name will be changed in to ‘New New Hampshire III’ later. ;-
He resides with his wife Alicia Ratcliffe in Switzerland. But recently announced to move to tax-
The house would only be visible from boats on the Solent.
Ratcliffe also owns a large mansion in St Jean Cap Ferrat, France. The residence has large gardens and a separate pool area. It was built in 1815 and overlooks the Golfe de Saint-
He is the owner of the yachts Hampshire II and Sherpa. Both were build by Feadship.
He owns 5 private jets. Which are all registered to his company Ineos. He owns a Gulfstream G650 private jet (M-OVIE), a Gulfstream G550 (M-
He also owns an Agusta Westland AW139 helicopter. The helicopter has registration M-
His Ineos Aviation company employs 30 (!) pilots and flight crew. They only work for Ratcliffe and Ineos staff. According to the company’s annual account, there are no services to third parties.
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