The helipad can even be transformed into a special sports area fit for tennis, badminton, basketball, baseball or football. They divorced in 1995. The Sun website is regulated by the Independent Press Standards Organisation (IPSO). He married his first wife Amanda Townson in 1985. View our online Press Pack.

Read our community guidelines in full, Jim Ratcliffe with his Land Rover Defenders outside the London pub which inspired the name for his planned new car, Jim Ratcliffe is one of Britain's richest men, having made his fortune with the petrochemicals company Ineos, Top Gear's original presenting team could be a model for what Jim Ratcliffe is trying to achieve, The last Land Rover Defender rolls off the Solihull production line in 2016, Jim Ratcliffe on an expedition with a not-so-trusty Land Rover, Ratcliffe says he could follow in the success of other British car manufacturing plants, such as Nissan's giant Sunderland factory, pictured, FTSE rallies ahead of US election – live updates, Office landlord IWG says pandemic impact worse than feared, Britain’s big banks lifted by strong third quarter - but the hard part is yet to come, Questor: this builder will gain most from the state’s housing market help, Economy grows faster under experimental estimates by ONS, ‘Ryanair of long-haul travel’ wins more than £1m of taxpayer Covid fund, Second lockdown to wipe 12pc off GDP in November, Markets report: Ocado surges after M&S tie-up clicks, Retailers brace themselves for a nightmare before Christmas, UK job losses: all the companies axing staff amid coronavirus, Burger King encourages customers to support arch-rival McDonald's, Markets rebound as further lockdowns loom, Bosses urge PM to keep gyms open during lockdown, Airlines will not refund Britons despite travel ban, Car dealers appeal against lockdown closures. He also attended the London Business School, doing management accounting and graduating in 1980. [12], In the Sunday Times Rich List 2018 he was named as the richest man in the UK, with a net worth of £21.05 billion.

He said: "I think the government has been pathetic on the subject". [9] Aged 10, he moved with his family to East Yorkshire, and Ratcliffe attended Beverley Grammar School and lived in Hull up to the age of 18. In 2018, Ineos had a turnover of £45bn and is valued at £35bn. [29], In 1985, Ratcliffe married Amanda Townson; they have two sons, George and Samuel. Find out more, The Telegraph values your comments but kindly requests all posts are on topic, constructive and respectful. 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. Jeremy Corbyn struck a populist tone hitting out at billionaires, “tax dodgers” and “bad landlords” at the launch of the Labour Party’s general election campaign. He can reportedly be mean. Maybe talk of building in Britain is just a marketing exercise but Ratcliffe says he is dedicated to British manufacturing. He boasts several other interests including an estimated Sh1.4 billion stake in French club Nice and also owns the world-famous cycling team Sky which has been renamed the Ineos team, and another football team in Switzerland. “If you produce a good product it will sell, we’ve no anxiety about that, it’s where we do the manufacturing that’s a challenge. Controlling two thirds of Ineos gives him the freedom to embark on ventures such as Projekt Grenadier but bringing in taxpayers’ money might come with strings attached. The Hampshire II cost £130million is 257ft 6in and can house 14 guests and 23 crew. “Building the car here would create 1,000 jobs directly and up to 10,000 in the supply chain,” says Ratcliffe.

679215 Registered office: 1 London Bridge Street, London, SE1 9GF. quit the UK last year, moving to tax haven Monaco, Independent Press Standards Organisation (IPSO). Ineos also owns Swiss soccer team Lausanne, British fashion brand Belstaff, and is building a successor to Land Rover's discontinued off-roader Defender.

Donald Trump's second term: Defeat coronavirus, finish the Wall, and then back to the Moon, What the contested 2000 US election teaches us for a potential 2020 repeat, Tuesday morning news briefing: Weekly mass Covid testing begins, Vienna 'terror' attack: Five people dead after shootings in Austrian capital, Protect marine life from WWII bomb detonations on wind farm sites, urges Joanna Lumley, How social media tried and failed to stamp out misinformation, NCSC says record number of cyber attacks foiled in last year and announces plans to increase Manchester footprint, Remembrance Sunday services can go ahead despite new Covid lockdown.

He’s talking to the Government about financial support to help build a plant, saying that receiving such aid “is not insurmountable but a challenge: look at Nissan and Toyota, they’ve done it”. His first yacht was built as Barbara Jean by Feadship. Some say Ratcliffe is Ineos, and as chairman he runs the business as he sees fit. 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. During his time in Congress, Ratcliffe was regarded as one of the most conservative members. [19], In February 2020, Ineos became principal partners of Mercedes AMG F1, signing a five-year agreement with the team. He owns a super-yacht called the Hampshire II that cost Sh16 billion (£130 million). Partnering with Kipchoge is also seen as a marketing tactic.

Ratcliffe admitted last year that despite having a Chelsea season ticket for many years, he is actually a Manchester United fan.

Mary Ratcliffe managed by Mary Ratcliffe last edited 10 Jun 2016. © 2020 Forbes Media LLC. "We continue to find the long LMCA/short SIRI trade attractive (even though the spread has been [...], Sirius XM shares are too pricey, Barclays analyst James Ratcliffe asserts in a research note this morning, launching coverage of the satellite radio company's shares with an Underweight rating and $2 target. Sir Jim saw his wealth increase by an astonishing £15.3 billion between 2017 and 2018. • Business big shot: Jim Ratcliffe, 2008 biography from The Times He also has a daughter from his second wife, Alicia, whom he married in the late 1990s.

He told the Times: "They are in quite a big pickle as a business. It also supplies natural gas to homes and produces plastics, acids and polystyrene. 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. 5. Tax Notes International contributing editor Robert Goulder examines why the United Kingdom’s richest man is leaving the country for Monaco.

“There’s no reason why we are where we are as opposed to Germany,” he says. He is considered to be the richest man in the UK. Ratcliffe was born in Failsworth, Lancashire, a commuter town just outside of Manchester. Talks are also being held with the EU about possible funding for the plan, and he admits that simply moving into a vacant car plant in a country such as Germany would cut costs. "We’d run them a bit better, reduce the costs, make them busy, and over the cycle they are very profitable.". [42], Ratcliffe has owned two super yachts, Hampshire and Hampshire II. He has built Ineos, the company he co-founded in 1998, into one of the world’s top 10 petrochemicals businesses, leasing or buying up unwanted assets from firms such as BP and ICI, using high-yield debt. In 2006 Ineos bought BP's refining and petrochemical arm Innovene, giving Ineos refineries and plants in Scotland, Italy, Germany, France, Belgium and Canada. Ratcliffe is also said to have completed the London Marathon in 2007.

It might need government money to build it here.”. Finding a site to actually build the cars is another.

Ratcliffe says he wants to build in Britain to capitalise on the Britishness of the new car. What is the Electoral College? Ratcliffe is the president and CEO of the Ineos chemical group, which he founded in 1998 and of which he still owns two-thirds, and which is estimated to have a turnover of $ 80 billion. [17] Their first competitive race under the new Ineos sponsorship, was the 2019 Tour de Yorkshire.

[28] Ratcliffe was appointed Knight Bachelor in the 2018 Birthday Honours for services to business and to investment. Joe Biden's inner circle: who are his candidates for the presidential team? [24], Ineos has carried out small projects in bio ethanol production using Clostridium bacteria, but it has had problems because the syngas has levels of hydrogen cyanide too high for the bacteria to survive. News Corp is a network of leading companies in the worlds of diversified media, news, education, and information services.

[13], On 1 May 2019, Ratcliffe criticised the current government rules which say fracking in Britain must be suspended every time a 0.5 magnitude tremor is detected, which has led to a de facto ban on fracking. This is just one problem to overcome. 7. [3][4] As of May 2018, he was the richest person in the UK, with a net worth of £21.05 billion. Ratcliffe is reportedly investing over £110 million in the project.[16]. “I think we’ve shown that with what we’ve done with Ineos.”. Others -- not so much.

Ratcliffe wedded Amanda Townson in 1985, before divorcing in 1995.

He married his first wife Amanda Townson in 1985. His net worth is US$ 11 billion. All Rights Reserved, Photo by Steven Paston/ZUMA Press/Newscom. Ratcliffe is an adventurer and has made expeditions to both poles and been on a months-long motorbike trek across Africa, a continent where he regularly goes on safari. For further details of our complaints policy and to make a complaint please click here.

Its "Dragon Ships" -- behemoth 600 foot gas carriers -- were the first to transport U.S. shale gas into Europe. He was born in England some 66 years ago to a middle-class family.

The billionaire, who owns chemicals giant Ineos, previously fought a six-year battle with neighbours, planning authorities and conservationists to get his £6m mansion built.