Quick Links

The retired CEO of Glencore, one of the world's largest commodity trading companies, Ivan Glasenberg has an estimated net worth of $5.4 billion.

Related image

Glasenberg was the chief executive officer of the world's biggest commodities trader called Glencore. The Baar, Switzerland-based company started trading in London in 2011 and acquired a competitor mine operator Xstrata for $29 billion in 2013. Glencore employs around 146,000 people with assets of $136 billion in the year 2017. Glasenberg eventually got listed in Forbes because of a successful public offering in May 2011. He has vowed that he will not sell shares in the company while he works there. Glasenberg was born in South Africa in January 1957. Glasenberg eventually became a champion race-walker for both Israel and South Africa.

Earnings & Financial Data

Date

Category

Description

Amount

2017

Earnings

All other compensation as the Chief Executive Officer of Glencore International AG

$66,000

2017

Salary

Annual salary as the Chief Executive Officer of Glencore International AG

$1,450,000

2015

Salary

Annual salary as the chief executive officer of Glencore Xtrata

$1,500,000

2014

Earnings

Dividends earned as the chief executive officer of Glencore Xtrata

$173,000,000

2014

Salary

Annual salary as the chief executive officer of Glencore Xtrata

$1,500,000

2013

Asset

Purchase value of the competing mine operator Xstrata

$29,000,000,000

2013

Earnings

Dividends earned as the chief executive officer of Glencore Xtrata

$172,000,000

2013

Salary

Annual salary as the chief executive officer of Glencore Xtrata

$1,500,000

2012

Asset

Current value of Ivan Glasenberg's stake in Glencore plc which is an Anglo–Swiss multinational commodity trading and mining company with headquarters in Baar, Switzerland

$7,370,000

2011

Asset

Purchase value of Ivan Glasenberg's additional stake in the commodity trading company Glencore

$54,000,000