Socialist
Orcas
Against
Ramming
Home
About
News
Rank 113
James Ratcliffe
16B
Chemicals
London
United Kingdom
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.
Ineos owns a third of the Mercedes-AMG Petronas F1 Team, as well as two smaller soccer clubs in France and Switzerland.
Former chemical engineer James Ratcliffe is the founder, chairman and majority owner of $68 billion (2022 revenue) chemical powerhouse Ineos Group.
The London-based conglomerate produces everything from synthetic oils and plastics to solvents used to make insulin and antibiotics.
It's become one of the U.K. shale sector's largest players. Its 600-foot "Dragon Ships" were the first to transport U.S. shale gas into Europe.
Ratcliffe mortgaged his house in 1992 to lead the buyout of a BP chemicals business; 6 years later, he bought a plant from that firm to form Ineos.
Ineos acquired two chemicals businesses from BP in 2021 for $5 billion. It formed petrochemical JVs with Sinopec worth more than $7 billion in 2022.
In 2023, Ineos acquired $1.4 billion of U.S. onshore oil and gas assets from Chesapeake Energy.
Ratcliffe acquired a 28% stake in British soccer club Manchester United for $1.5 billion over two months ending in early 2024.
← Back to billionaires