Jim Ratcliffe: The Richest Man in Manchester

Who is Jim Ratcliffe? Many people have given him the nickname, the richest man in Manchester and you might say that the nickname is a fitting one, indeed. Ratcliff is a self-made man, there’s no doubt about that. Over the years, he’s worked hard to develop a name for himself and to ensure that his endeavors generate a lot of money. You might say that he’s been successful on both counts. If you want to know more about who he is, you can read about 10 things listed below that you probably don’t know about him.

1. He is the Chief Executive Officer of Ineos Group

This is a company that’s been in existence for several years now, and he serves as the CEO of it. Generally speaking, it’s a company that’s designed to deal with petroleum energy, one of the more competitive industries in the world. It’s also one that has the potential to generate a great deal of income.

2. This is a company that he also founded

This is not just some company that he works for, but one that he founded himself. He had been working for another company in the same industry but in 1998, he made the decision that he didn’t want to work for other people for the rest of his life. As such, he decided then and there that he was going to create his own company so he could be in charge of what did and did not happen. That’s how the company was formed and it’s still going strong today.

3. He’s often referred to as one of the richest people in all of England

People like to give others nicknames and more often than not, they’re not exactly accurate. However, when people refer to him as one of the richest people in all of England, it’s very much accurate. He’s made a great deal of money over the years and while he doesn’t like to divulge exactly how much he’s worth, many approximate his own personal net worth to be somewhere in the neighborhood of more than 20 billion dollars.

4. He doesn’t really like to be in the spotlight

Most people that are as driven as he is in business have a tendency to want to be in the spotlight almost all the time. He couldn’t be more different. In fact, he really doesn’t enjoy being in the spotlight at all. Many people believe that he shies away from media attention on purpose, largely because he prefers to live a quiet life without being scrutinized at every turn.

5. He sold one-third of the company he founded

A few years ago, he sold one-third of the company he had founded. Even though he still retains two-thirds of the ownership, the portion that he did sell cost the buyer about 80 billion dollars. He decided to retain two-thirds of the ownership so that he could still act as CEO and retain all of the decision-making power about what ultimately happened with the company. You might say it was a smart business move all the way around.

6. He has two degrees

He has a degree in chemical engineering, something that most people will probably run away from as fast as they could because it’s so difficult to achieve. A few years after he achieved that degree, he decided that he wanted to learn more about business so he went and got an MBA.

7. He’s been knighted

He was officially knighted a few years ago, thanks to all of his contributions in the energy industry. In England, he seen as a leader in this industry and one that is constantly striving to make improvements and find new types of technology that will continue to help people live better lives well into the future.

8. He lives an active lifestyle

He likes to stay active so when he’s not at work, you might find him skiing or sailing. He prefers to do things that require a certain level of skill and competency, while simultaneously challenging his physical prowess. In the end, he finds these activities to be a lot of fun and he enjoys the opportunity to participate in them.

9. He’s a father of three

Radcliffe has been divorced and then married a second time. Among those two marriages, he has three children. He considers his children to be the most important achievements of his life and the reason for which he works so hard.

10. He’s a big fan of football

He loves football, and is such a big fan that there have even been rumors circulating for the last several years that he might be interested in purchasing a team of his own. While he hasn’t officially purchased one yet, there’s nothing to say that he won’t do so in the near future.


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