Article 58J8W Sir Jim Ratcliffe, UK's richest person, moves to tax-free Monaco

Sir Jim Ratcliffe, UK's richest person, moves to tax-free Monaco

by
Rupert Neate Wealth correspondent
from on (#58J8W)

Brexiter Ineos boss, who has an estimated 17.5bn fortune, officially changes tax domicile

Sir Jim Ratcliffe, the UK's richest person and high-profile Brexiter, has quit Britain for tax-free Monaco.

Ratcliffe, a petrochemicals magnate with an estimated 17.5bn fortune, has this week officially changed his tax domicile from Hampshire to Monaco, the sovereign city-state that is already home to many of the UK's richest people.

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