Sir Jim Ratcliffe obtained his MBA from London Business School in 1980, while working for Exxon Chemicals as a chemical engineer, and has turned out to be one of its most successful alumni.
“I owe a lot to the London Business School,” said Jim. “It is one of the best business institutions in the world.”
Therefore when the School was needing to fundraise ambitiously in 2016 to secure its premises for the future, Jim stepped in to help- donating £25 million to ensure the use of its Regent’s Park building for the next 125 years.
Professor Sir Andrew Likierman, Dean at the London Business School, described the donation as ‘incredibly generous’.
“This will mean that future generations of students will have the benefit of studying in one of London’s most beautiful and historically important buildings,” he said.
As a thank you, the London Business School has named its main Nash terraced building “The Ratcliffe”.