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 also owns Swiss soccer team Lausanne, British fashion brand Belstaff and is building a successor to Land Rover's discontinued off-roader Defender.
Former chemical engineer James Ratcliffe is the founder, chairman and majority owner of 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.
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