The 57-year-old is the founding member of Ineos, and owns two thirds of the group. He has one daughter with his current partner, Maria Alessia Maresca, an Italian tax lawyer. "They have been the dumb money, which you see with players like Fred."He said: "Cycling is a great endurance and tactical sport that is gaining ever more popularity around the world."Ineos is delighted to take on the responsibility of running such a professional team."Sir Jim has always been a huge fan of sport and physical activity.The move is said to have saved Ratcliffe and his firm around £100million annually because of lesser tax.His father was a joiner and his mother worked in accounts, with the family living in a council house until the age of ten, before eventually moving to Hull, Yorkshire.Ineos, which employs around 19,000 people across the globe, makes fuels and lubricants, food packaging and construction materials that are a huge part of everyday life.As well as growing up a Manchester United fan, he has made expeditions to the North and South Poles and also spent three months on a motorbike trek across South Africa.Ineos quit the United Kingdom in 2010, moving their head office from Hampshire to Rolle, Switzerland.Ratcliffe, who is a vocal supporter of fracking, was married to Amanda Townson in 1985, before divorcing in 1995 - the couple had two sons.Man Utd transfer news LIVE: All the gossip and updates from Old TraffordBefore his interest in buying Chelsea hit the headlines, Ratcliffe and Ineos had already bought another football team: Swiss side FC Lausanne-Sport.Chelsea 'make offer for Barca keeper Ter Stegen' as Lampard eyes Kepa replacementThe company used high-yield debt to finance deals, buying unwanted operations from bigger firms such as ISI and BP.In 2018, Ineos had a turnover of £45bn and is valued at £35bn.He is said to have spent more than £110million on the project so far.Ratcliffe had properties in Chelsea and Hampshire before quitting the country for the French riviera.He was linked with a sensational takeover at Chelsea back in March, before he forked out £91m to buy French club Nice in August.Ratcliffe was born in Failsworth, Lancashire, a commuter town just outside of Manchester.Sir Jim Ratcliffe, a petrochemicals tycoon worth around £21BILLION, is Britain's richest man and could afford to buy any club.They reported he has been called JR after the scheming oil tycoon from 1980s hit show Dallas, as well as Dr No - after the Bond villain/mad scientist.He has also owned two large super-yachts, the Hampshire, which he sold in 2011 to take order of the Hampshire II, which he still owns.His father later ran a factory making lab furniture.After attending Beverley Grammar School, Ratcliffe graduated from the University of Birmingham with a degree in chemical engineering.He also has a daughter from his second wife, Alicia, whom he married in the late 1990s.The Hampshire II cost £130million is 257ft 6in and can house 14 guests and 23 crew.His move to the tax haven, where he already had a property, will save him around £4BILLION in tax.He did return in 2015, however, putting the chemicals and energy branch of Ineos in Knightsbridge, London, saying he was "very cheerful" about being back in the UK and untroubled by Brexit.The helipad can even be transformed into a special sports area fit for tennis, badminton, basketball, baseball or football.The club are currently second in the league, eight points behind leaders Servette, with 11 games still to play.The 66-year-old was made a Knight Bachelor in the 2018 Birthday Honours list for services to business and investment."We’d run them a bit better, reduce the costs, make them busy, and over the cycle they are very profitable."BRITAIN'S richest man caused a stir over the weekend when he vowed he would never buy Manchester United, despite being a lifelong fan.He revealed to The Times how he made his money, saying: "We’d look at businesses that were unfashionable or unsexy, facilities owned by large corporations where you’d know they would be sloppy with the fixed costs.Elsewhere, Ratcliffe has completed a move for Team Sky - and turned them into Team Ineos.Inside Ronaldo's amazing £5.5m yacht with five cabins and six bathroomsNewcastle takeover OFF after Saudi Arabia consortium pull out of £300m dealHe also attended the London Business School, doing management accounting and graduating in 1980.It also supplies natural gas to homes and produces plastics, acids and polystyrene.However, he is a known lover of Land Rover Defenders and will now finance his own line of cars to fill the gap left in the market now the Defender is no longer in production.So, who is the 67-year-old slamming the world's biggest club?In 2018, Ratcliffe teamed with Olympic hero Sir Ben Ainslie to form Ineos Team UK, with the aim of challenging for the America's Cup in 2021.In 2006, Ineos bought BP's refining and petrochemical arm Innovene, giving the company refineries in five European countries and Canada.The Ineos Projekt Grenadier is expected to go into production in 2020-2021.Ratcliffe has been called secretive and reclusive and according to the Financial Times has been given some nefarious nicknames by rivals and staff.Only one team is promoted in Switzerland, however."Equally, cycling continues to mushroom for the general public as it is seen to be good for fitness and health, together with easing congestion and pollution in city environments.In fact, Ratcliffe had voted for Brexit.He only became an entrepreneur at 40, becoming a co-founder of INSPEC and then in 1998 forming Ineos in Hampshire, buying out his partners.It features six large cabins, has a swimming pool on one of the decks, a helipad, Jacuzzi, sauna, cinema and beach club.We’d look at businesses that were unfashionable or unsexy... We’d run them a bit better, reduce the costs, make them busy, and over the cycle they are very profitableIn 2018, the Sunday Times named Ratcliffe as Britain's Richest Man, with a personal wealth of £21.05bn.Ratcliffe's first job was with oil firm Esso, before moving to American private equity group Advent international in 1989.It is only in the last 12 months that he has become a more publicly known figure - his wealth rose by an astonishing £15bn in 2018.His other toys include FOUR private jets and a fleet of cars - although it's not known which cars he has.Mourinho snubs Cristiano AND Messi in GOAT debate to dub Ronaldo his best-everHe said: "I am a season ticket holder at Chelsea, have been for years, although I’m a Manchester United fan really.He completed the purchase of the team in November 2017, with the club sitting fifth in the Swiss Super League.Ratcliffe is also said to have completed the London Marathon in 2007.News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.However, The Blue and Whites were RELEGATED in his first season at the helm, dropping down to the Challenge League last May."They haven't got the manager selection right, haven't bought well.
In 2010 Ratcliffe moved Ineos to Switzerland, saving £100m a year in tax. He married Amanda Townson in 1985 to Amanda Townson. We may then apply our discretion under the user terms to amend or delete comments.Born in Manchester, he graduated from Birmingham University in 1974 with a degree in chemical engineering and joined Esso.The couple, who diviorced in 1995, have two sons Samuel amd George.In the 2010 list his fortune had fallen to £150 million after being hit hard by the recession and strikes at the Grangemouth plant.His fortune peaked in 2007, when he was 10th on the Sunday Times Rich List, with a his annual earnings believed to be in the region of £3.3 billion.INEOS owner Jim Ratcliffe is a former chemical engineer.He married Amanda Townson in 1985 to Amanda Townson.Get involved with the news in your communityIt was in 2006 that he made the move to purchase BP's assets in Grangemouth, and brought the Scottish refinery into the control of Ineos.He has previusly lived in an £8 million house in Hampshire.He is an avid fan of running, and was reported to have completed the London Marathon in 2007.Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.The 57-year-old is the founding member of Ineos, and owns two thirds of the group.It is important that we continue to promote these adverts as our local businesses need as much support as possible during these challenging times.The move saw Ineos save around £100 million a year.He was given the nickname 'Dr No' by union chiefs due to his constant refusal to comprimise.However, in 2010 he moved to Lausanne in Switzerland along with the Ineos company.This came after the chairman had previously stated his commitment to Ineos's UK operations. Jim Ratcliffe Net Worth. The British billionaire is a chemical engineer who became a financier and industrialist.
But recently announced to move to tax-free Monaco. Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. Ratcliffe, who is a vocal supporter of fracking, was married to Amanda Townson in 1985, before divorcing in 1995 - the couple had two sons. He is considered to be the richest man in the UK. Sir Jim also has one daughter with his second wife, Alicia.
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