Billionaire Profile
John Reece
Global Rank
#657

Image: Public domain | via Wikimedia Commons

John Reece

CEO, Ineos
GB
Real-Time Net Worth
$5.9B
As of December 2025
Age
68
Source
Chemicals
Industry
manufacturing
Citizenship
GB

Biography

John Reece is a British billionaire, currently the CFO and a minority shareholder of Ineos, a global chemical company. Born in March 1957, Reece is known for his financial acumen, which has been instrumental in Ineos's growth since joining in 2000. His career includes a background as a chartered accountant and a former partner at PricewaterhouseCoopers, specializing in the chemicals industry. Reece's achievements include playing a key role in Ineos's acquisitions and expansion, contributing to his estimated net worth of $5.9 billion. He was knighted for his services to business and philanthropy.

Wealth Over Time

In-Depth Profile

Early Life

John Reece was born in March 1957 in the United Kingdom. He attended Bede School in Sunderland, now Sunderland College, and later studied economics at Queens' College, Cambridge.

Rise to Success

Reece began his career as a chartered accountant at PricewaterhouseCoopers, specializing in the chemicals industry. In 2000, he joined Ineos as an accountant and partner. He rapidly ascended through the ranks, becoming the Chief Financial Officer and a minority shareholder. His expertise in financial management and strategic planning has been crucial to Ineos's expansion. Reece played a pivotal role in several major acquisitions and joint ventures, bolstering Ineos's position in the global chemical industry.

Key Business Strategies

Under Reece's financial leadership, Ineos has achieved significant growth and profitability. He has been involved in major acquisitions, including acquiring two chemicals businesses from BP in 2021 for $5 billion. He also played a key role in the company's entry into the U.K. shale sector, including initiatives to transport shale gas into Europe.

Philanthropy

John Reece is known for his commitment to philanthropy and supports various charitable causes focused on education and community development.

Career Milestones

2000

Joined Ineos

Joined Ineos as an accountant and partner.

2018

Finance Director of the Year

Named Finance Director of the Year by Accountancy Age.

Philanthropy & Social Impact

Community Development

North East Roots Fund

$0.15M

Pledged to match donations to the North East Roots Fund.