Tag: Ratcliffe

Feb102020 by adminNo Comments

Sir Jim Ratcliffe: Britain’s richest man plays down Premier League move

Sports

Media playback is not supported on this device Britain's richest man Sir Jim Ratcliffe says he has no plans to invest in a Premier League team and believes he has "enough on his plate" with his existing sports portfolio, which expanded today into Formula 1.The billionaire's petrochemicals firm Ineos has signed a five-year partnership with Mercedes and says the company now has "quite enough challenges".Ratcliffe has been linked with a bid to buy Chelsea but considers the valuations of top-flight English clubs to be "a bit silly" and appears content with focusing on French Ligue 1 side Nic...

May132018 by adminNo Comments

Jim Ratcliffe: Turning cast-offs into gold

Business

Jim Ratcliffe may once have been called Dr No by trade unions for his tough negotiating stance, but the UK's richest man champions the unloved.Through buying up and turning around the cast-off parts of big business, the Mancunian has made his £21bn fortune.From operations once owned by the likes of oil giant BP, Mr Ratcliffe has created a company whose chemicals and raw materials go into nearly everything we touch everyday. And it only took him 20 years to do it.Mr Ratcliffe, 65, has always been involved in chemicals and industry.After graduating with a degree in chemical engineering from the University of Birmingham in 1974, he spent a very brief spell at BP before jumping to rival oil business Esso as a trainee accountant. Son of a joiner becomes...