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The 78.50m (257’7") custom motoryacht Hampshire II was built for an seasoned Feadship owner with a great love for action and sports. The 243-foot expedition yacht Sherpa, named for its immense carrying capacity, and worth in excess of $120 million, is said to be owned by billionaire businessman Jim Ratcliffe, 66, who is … King George V had decreed that his yacht should not outlive him. The name ‘Britannia’ was chosen by INEOS TEAM UK founder and owner Sir Jim Ratcliffe in homage to the racing cutter yacht ‘Britannia’ whose name in turn was taken from James Thomson’s famous poem ‘Rule Britannia!’ written in 1740. "Those things were in my head but I was just dreaming, really. Sir Jim Ratcliffe, 67, has won the six-year planning battle with neighbours, planning authorities and conservationists to get his £6million mansion built … "I just played football, really," he says. "So just how has the man fired from his first job after just three days made the transition from council house to superyacht?By the time he had entered the school's sixth form he was running the Industrial Society, which involved setting up tours of paint factories, chemical plants and the like for fellow students.See today's front and back pages, download the newspaper,order back issues and use the historic Daily Expressnewspaper archive. "He is also a philanthropist who has ploughed millions of pounds into tourism in Tanzania, as well as buying up tracts of land in Iceland as part of an initiative to preserve North Atlantic salmon.Today he still owns 60 per cent of the company that employs 18,500 people across 181 sites in 22 countries and made profits last year of £5.15billion.Curiously while Beverley Grammar School's list of "notable alumni" includes "poetry slam" champion Daniel Piper, it makes no mention of the man who is now the richest in the country.The school is missing a marketing trick here but perhaps this suits the publicity-shy Ratcliffe who has always been fixated on building his business rather than his image.The compilers increased his wealth by £15billion over last year after being given more access to the accounts of his petrochemical company Ineos.Arriving at Birmingham University in 1971 to study chemical engineering, he found himself ranked near the bottom of that year's intake but thought this fair because of the time he'd spent on the football pitch.It was a switch to a career in venture capital that brought out his entrepreneurial side and he mortgaged his house to invest in businesses of his own.Emerging with a 2:1, he got a job with BP but was sacked after that now notorious three days for having eczema after his boss read his medical report and decided that he couldn't risk investing five years training in a man who might prove allergic to the company's products. "That's all I was interested in. From the foredeck ball court to the 25-metre-high crow’s mast, this magnificent Feadship is a yacht that offers plenty of adventure. Sir James Arthur Ratcliffe (born 18 October 1952) is a British billionaire chemical engineer turned financier and industrialist. Now industrial chemist Jim Ratcliffe, 65, is officially Britain's richest man with a fortune estimated at £21billion. All you need to know on Jim Ratcliffe Takeover of French football club cleared His own personal fortune - an estimated £21bn - led him to reach the number one spot of … The man at the centre of Britain's fuel crisis is a reclusive billionaire known as 'Dr No'. The original Britannia was built in 1893 for King Edward VII, the then Prince of Wales. Ratcliffe is the chairman and chief executive officer of the Ineos chemicals group, which he founded in 1998 and of which he still owns two-thirds, and which has been estimated to have a turnover of $80 billion. Notably, the mast and fittings of the yacht were saved from the scuttling with the wheel subsequently fitted to the wheelhouse of the Royal Yacht Britannia steering her for the next 44 years.The day marks a landmark moment for the British challenger; coming after eighteen months of the design, build and development of one of the most complex America’s Cup class boats in the 168-year history of the event.From the moment the AC75 Class Rule was published on 29 March 2018 by the Defender, Emirates Team New Zealand, the team have put over 90,000 design and 50,000 construction hours to get Britannia in the water.Team Principal and Skipper, Ben Ainslie welcomed owner Jim Ratcliffe and the wider INEOS family, teammates, partners and suppliers to celebrate the naming day; “The quest to win the 36th America’s Cup has required a fresh approach, a new strategy and serious support from INEOS to focus entirely on the mission in hand.