Jim Ratcliffe

British engineer and businessman

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October 2024 INEOS Britannia will represent the Royal Yacht Squadron Ltd as the British Challenger of Record in the 37th America's Cup in Barcelona.
February 2024 Completed the purchase of Manchester United.
February 2024 Becomes a minority shareholder in Manchester United and gains control over the club's sporting operations.
2023 Launched the Ineos Automotive Quartermaster utility vehicle.
December 24 2023 Acquired a 25 percent stake in Manchester United, with INEOS Sport assuming control over football operations.
October 2022 Began production of the 5-door Grenadier Station Wagon through Ineos Automotive.
August 2022 Expressed interest in buying Manchester United football club.
2021 Team INEOS won the Giro d'Italia with Colombian rider Egan Bernal.
2021 INEOS Team UK competed in the 36th America's Cup, with Ratcliffe reportedly investing over £110 million in the project.
October 2021 Jim Ratcliffe announced a major €2 billion investment plan for green hydrogen production across Europe, with initial electrolysis projects in Norway, targeting zero-carbon hydrogen production for the transport industry, followed by expansion into Germany, Belgium, France, and the UK.
2020 INEOS became principal partners of Mercedes AMG F1, signing a five-year sponsorship agreement.
September 2020 Officially changes his tax residence from Hampshire to Monaco, a move estimated to save him £4 billion in tax.
2019 Publicly expressed his Eurosceptic views, stating that INEOS supported the common market but not a 'United States of Europe'.
2019 Acquired Nice football club from Chinese-American entrepreneur Chien Lee.
2019 Team INEOS won the Tour de France with Colombian rider Egan Bernal.
2019 Supported the INEOS 1:59 Challenge, where Eliud Kipchoge successfully ran a marathon under 2 hours.
2019 Purchased the Team Sky cycling franchise, rebranding it as Team INEOS. The team won their first race at the 2019 Tour de Yorkshire.
2019 Founded Ineos Automotive after unsuccessfully approaching Jaguar Land Rover to buy tooling for the Defender, forming partnerships with BMW and Magna Steyr to develop the Grenadier vehicle.
May 1 2019 Publicly criticized government fracking regulations, calling the rules that suspend operations after a 0.5 magnitude tremor 'pathetic'.
March 2019 INEOS announced it would close its Middlesbrough manufacturing plant unless allowed to defer compliance with EU environmental pollution rules. The plant had accumulated 176 permit violations between 2014 and 2017, with air emissions exceeding legal limits.
February 2019 Announced a £1bn investment in UK oil and chemical industries, including an overhaul of the Forties pipeline system for North Sea oil and gas transportation.
2018 Appointed Knight Bachelor in the Birthday Honours for services to business and investment.
May 2018 Becomes the richest person in the UK, with a net worth of £21.05 billion, highlighting his massive business success.
2017 Submitted his fifth plan to build a luxury home at Thorns Beach near Beaulieu in Hampshire, replacing an existing two-bedroom bungalow.
2017 Ratcliffe purchased Lausanne-Sport, a Swiss Super League football club.
2017 INEOS sold its US bio ethanol production plant to Alliance Bio-Products after experiencing challenges with high hydrogen cyanide levels in syngas that were problematic for Clostridium bacteria.
2015 Opened INEOS's UK headquarters in Knightsbridge, London, for chemicals, energy, gas, and oil trading, expressing optimism about the UK business environment and remaining unworried about Brexit.
2013 Received the Petrochemical Heritage Award for his contributions to the petrochemical industry.
2013 Jim Ratcliffe completed the Marathon Des Sables across the Sahara Desert, demonstrating his personal commitment to endurance sports.
2012 Took delivery of his second super yacht, Hampshire II, built by Royal Van Lent, which he continues to own.
April 2010 Ratcliffe moved INEOS's head office from Hampshire to Rolle, Switzerland, a strategic move that reduced the company's annual tax liability by £100 million.

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