Sir James Arthur Ratcliffe, better known as Jim Ratcliffe, was born on October 18, 1952, in England. He spent his early years in a council house in a small town before moving on to attend Beverley Grammar School. Ratcliffe's academic pursuits led him to Birmingham University, where he earned his BSc in chemical engineering. He furthered his education by obtaining an MBA from London Business School, setting a strong foundation for his future in the business world.
In 1998, Ratcliffe made a significant mark on the industry when he founded the INEOS chemicals group. Over the years, he served as the chairman and CEO of the company, guiding it to tremendous success. By 2021, INEOS had achieved a remarkable turnover of $65 billion, solidifying Ratcliffe's status as a prominent figure in the business world.
Ratcliffe's accomplishments have not gone unnoticed. In May 2023, the Sunday Times Rich List ranked him as the second wealthiest individual in the UK, estimating his net worth at a staggering £29.688 billion. This recognition further solidified Ratcliffe's reputation as a titan in the business world.
Aside from his business success, Ratcliffe has also shown support for various initiatives. He notably backed the 2019 INEOS 1:59 Challenge led by renowned runner Eliud Kipchoge, showcasing his commitment to pushing boundaries and achieving greatness.
Jim Ratcliffe's journey from humble beginnings to becoming a billionaire business executive serves as an inspiration to many. His entrepreneurial spirit, philanthropic efforts, and dedication to excellence have set him apart in the business world. As he continues to make strides in his career and leave a lasting impact on society, Ratcliffe's legacy is sure to endure for years to come.