The United Kingdom is the ninth country (tied) for the largest number of billionaires in the ranking Forbes Billionaires 2023 James Ratcliffe is the richest person in the country.
(Net assets as of March 10, 2023)
#9. (To name a few) United kingdom
52 billionaires (compared to 50 billionaires in 2022)
total net worth : $202 billion (an increase of $2 billion from 2022)
the richest person James Ratcliffe, with an estimated net worth of $22.9 billion
- About James Ratcliffe:
Founder, Chairman and majority owner of the Ineos Group
noOh 67 in the ranking Forbes Billionaires 2023
net value : 22.9 billion dollars
Sources of income : chemistry, contractor
age : 70 years | residence : London, United Kingdom | nation : United Kingdom | Private life : married
James Ratcliffe, a former chemical engineer, is the founder, chairman and majority owner of the Ineos Group, a giant chemical corporation. This London conglomerate produces everything from synthetic oils to plastics to solvents used to make insulin and antibiotics. James Ratcliffe has become one of the major players in the UK shale oil industry. His “dragon ships” were the first to transport American shale gas to Europe.
In 1992, he mortgaged his home to lead the acquisition of a chemicals company from British Petroleum. Six years later, he bought a factory from this company to create Ineos. In 2021, Ineos bought two chemicals companies from BP for a sum $5 billion. In 2022, the company will establish joint venture petrochemical projects with Sinopec with a value of more than $7 billion. In 2023, Ineos acquired $1.4 billion in assets US onshore oil and gas companies with Chesapeake Energy.
Translated article from Forbes US – Author: Forbes Wealth Team
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