Odio dignissimos blanditiis qui deleni atque corrupti.

d

The Point Newsletter

Sed ut perspiciatis unde omnis iste natus error.

Follow Point

Begin typing your search above and press return to search. Press Esc to cancel.
  • No products in the cart.
  /  Breaking News   /  Meet Jim: The Brexit billionaire who is the UK’s richest man

Meet Jim: The Brexit billionaire who is the UK’s richest man

Most of us had never heard of him until this weekend, but Jim Ratcliffe is officially the UK’s richest man.

Little is known about the tycoon, apart from the fact he’s super rich (£21 billion rich), and made the bulk of his money from the controversial fracking industry.

We do know that Ratcliffe, 65, grew up in a council house in East Yorkshire, before studying engineering at Birmingham University.

The 65-year-old tycoon overtakes the Indian-born Hinduja brothers, Sri and Gopi, worth £20.64bn, to take the top slot on the list with fortune of £21 bn and change, thanks to a £15bn revaluation of his assets.

Further investment and Brexit

In February 2017, Ratcliffe announced that Ineos, the businessman would invest “many hundreds of millions” to produce an “uncompromisingoff-roader 4X4 sport utility vehicle, following Jaguar Land Rover’s decision to cease production of its iconic Land Rover Defender; a vehicle the tycoon loves to drive. He is also a keen marathon runner and a Manchester United fan,

In 2015, Ratcliffe said the UK could thrive outside the European Union, the BBC reported. “The Brits are perfectly capable of managing the Brits and don’t need Brussels telling them how to manage things,” he said.

“I just don’t believe in the concept of a United States of Europe. It’s not viable.”