James Ratcliffe
Age 65 Net Worth $10.7 Billion
Born Manchester, England
Citizen UK
Selfmade in Chemicals, founded INEOS in 1998
Here is a picture of James Ratcliffe
James Ratcliffe is quite an adventurer. He had walked to the North Pole and the South Pole, ran marathon and an avid skier. Here is a picture of James Ratcliffe without a shirt and a tie.
Here is my youtube link to James Ratcliffe
https://www.youtube.com/watch?v=1fGv2yj6JwQ&t=283s
In 1974, at age 22, he graduated BS in Chemical Engineering from University of Birmingham
His first job was at Esso, the UK Branch of American Oil Giant Exxon
He did an MBA from London Business School
In 1992, at age 35, he was recruited by headhunter to work for US Venture Capitalist firm
Adventist International
In 1998, at age 40, he founded his company INEOS
INEOS today has more than 50 plants in 16 countries, and they produce specialty chemicals
In 2010 he moved INEOS to Rolle, Swtizerland to save tax.
It is estimated he save more than 100 million pound tax per year
In 2016, he moved INEOS back to London
His latest venture, he built huge ships to trans LNG (Liquefied Natural Gas) from US to UK.
He estimated that Shale Gas (from Fracking) cost 1/4 the cost of Natural Gas in UK
His dragon ships
#1 are built in China,
#2 using German Technology
#3 What is transported is US Liquefied Natural Gas
James Ratcliffe had invested more than $2 Billion dollars on the LNG ship and first delivery was completed in September 2016.
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