References ^ a b cBailey, Michael; Sprague, Julie-anne (27 May 2021). Billionaire commodity trader retires from ... - MINING.COM Ivan Glasenberg is the CEO of Glencore International plc who has a net worth of $6.3 billion. #502 Ivan Glasenberg $7.2B $114 M | 1.60% REAL TIME NET WORTH as of 1/8/22 Reflects change since 5 PM ET of prior trading day Photo by Simon Dawson/Bloomberg Ivan Glasenberg holds the largest. View fresh updates on Ivan Glasenberg's earnings, income, bio, and facts below ⤵ Source of Wealth: Entrepreneur Ivan Glasenberg's source of wealth comes from being a successful Entrepreneur. Ivan Glasenberg is to step down after almost two decades at the helm of Glencore, completing the changing of the guard at the world's biggest commodity trading groups. Glencore has agreed to buy stakes owned by BHP Group and Anglo American in the Cerrejon thermal coal mine for about US$588 million, subject to purchase price adjustments. Charlize Theron, also known as simply as Charlie, is an American and South African actress, film director, model and spokesperson who managed to estimate net worth as high as $110…. Ivan Glasenberg is the former C.E.O of Glencore and the fifth richest person in South Africa. Renault S.A. (French pronunciation: [? Glencore CEO Ivan Glasenberg to Retire in 2021 — 3rd Update . Ivan Glasenberg makes one last coal deal in final days at Glencore. Apart from being the Chief Executive Officer of the world's largest. Ivan is the largest shareholder at Glencore, the world's biggest commodities trader. Net Worth 2021. . Glencore plc announces that Ivan Glasenberg will retire as CEO and as a member of the Glencore Board during the first half of 2021. The company produces a range of cars and vans, and in the past, trucks, tractors, tanks, buses/coaches and autorail vehicles. As he gets set to step away, his last deal suggests he thinks the black stuff's demise will be slower than we think. Ivan Glasenberg, obscure billionaire no more. Charlize Theron Net Worth. In 2011, Renault was the third biggest European automaker . Placed against the net worth of individuals making the Forbes Rich List, Glasenberg would become the fifth South African on its list of 1,250 dollar billionaires. UPDATED Tue, Jun 29, 2021 - 5:50 AM . "Ivan will be missed," said Ben Davis, a mining analyst at Liberum Capital Ltd. in . Ivan Glasenberg, obscure billionaire no more. Ivan Glasenberg. It bought Xstrata Plc in a $90 billion deal, becoming the world's biggest coal shipper in the process. Bridgette Radebe is the first black female South African deep-level-hard rock mining entrepreneur. Ivan Glasenberg has a net worth of 5.5 billion. Ivan Glasenberg Net Worth $5.4 Billion 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. Ivan Glasenberg, CEO, Glencore A COMPANY dynamic worth watching in the second half of this year will be how Gary Nagle takes Glencore towards its new-age makeover, replete with a 2050 carbon neutrality pledge and amid a US Department of Justice (DoJ) investigation into its historic trading affairs. Glaseneberg, who retired as resources giant Glencore's chief executive officer in June this year, ranks 13th on the list, with an estimated net worth of A$7.39 billion (R82 billion). ^ "Bloomberg Billionaires Index: Ivan Glaseberg". Currently, Ivan is the Chief Executive Officer of Glencore International PLC, one of the world's largest commodity trading Companies. Sexuality: Straight. Ivan Glasenberg is set to become one of Europe's richest men while four other workers at the company will receive upwards of $3.2bn. Ivan Glasenberg. He became a Swiss citizen in 2011. Read More ». In 2013 he changed Mick Davis as CEO of the merged Glencore Xstrata, with an income of an undisclosed amount. With the net worth of $6.3 Billion, Ivan Glasenberg is the # 230 richest person on earth all the time follow our database. Earnings in 2021. He became a billionaire in 2008 . Ivan Glasenberg is one of the richest self made South Africans. The most successful commodity trader of his generation built his career on slaking the world's thirst for cheap energy with countless shiploads of the fossil fuel, a trade that made him both the boss and biggest shareholder at Glencore Plc. His source of wealth is the Glencore mining and commodity trading company which is among the world's best in the field. Divisional heads like Daniel Mate and Telis Misdakidis, who each owned a 6pc stake in Glencore, were worth around $3.7bn (£2.8bn) when the company went public . Ivan Glasenberg has a net worth of 5.5 billion. Glasenberg has a net worth estimated at about $4.3 billion, according to the Bloomberg Billionaires Index. Unfortunately for Glasenberg and the rest of the Glencore stockholders (a group that counts . Ivan Glasenberg - Net Worth: $2.8 Billion; Ivan Glasenberg is a 63-year-old (January 1957) business mogul who was born in the SA city of Johannesburg. However, it increases by nearly 18% from FY13 to FY14 but it did not compensate the 24% lost that occurred from FY12 to FY13 during the merger discussion and the integration process. Patrick Soon Shiong 4.Ivan Glasenberg . Before Fame He earned his MBA from the University of Southern California after which he joined the commodity trader Marc Rich & Co., eventually rising to executive level. Moreover, if we observe the evolution of Ivan Glasenberg's net worth (compose of the stock that he holds in Glencore) we notice a 63% decrease from FY11 to FY16. Glasenberg is described as a South African-Australian-Israeli triple citizen. Ivan Glasenberg is currently single, according to our records. Here is a breakdown of his earnings, Ivan Glasenberg salary and dividends, based on what has been published by reliable sources: when the company also said it planned to reduce its emissions to net zero by 2050. . The merger increased the net worth of Glasenberg by a salary of undisclosed amount. His net worth is $7.5 billion . Ivan Glasenberg's net worth estimate is $100,000 - $1M. # 446 Ivan Glasenberg $6.64B Random fact: Re-elected as a director with 99.1 percent of the votes in 2016. Age: 57. Ivan is 64 years old. $100,000 - $1M. Wiki & Biography : Wiki & Biography : Ivan Glasenberg - Family, Family Tree Ivan Glasenberg is a Swiss businessman. weight Not Known & body measurements will update soon. According to Forbes in 2016, Glasenberg had failed to make it to the cut-off of the wealthiest Australians by net worth, with a threshold of US $500 million. Personal Biography: Leon David Black Leon Black was born in July 1951 to Eli […] Apart from being the Chief… - In 2021, Ivan Glasenberg's net worth was estimated to be… See Net Worth The day in question was this past Friday, when Glencore's shares took a massive 29.42% hit in value. day when the company also said it . In addition, he is the board 2 About Ivan Glasenberg 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. Gary Nagle will then become the Glencore CEO and join the Board. In April 2012 it was reported that Glasenberg held more than 15 per cent of Glencore's stock, placing him as the 20th richest mining billionaire, with Forbes estimating his net worth at US$7.3 billion. He . He is also the co-founder of the private equity giant Apollo Global Management. Despite the significant wealth he has, Ivan's valuation has actually gone down. The Ivan Glasenberg net worth and salary figures above have been reported from a number of credible sources and websites. Australia's second-richest man. Ivan Glasenberg is one of the richest Entrepreneur & listed on most popular Entrepreneur. Bloomberg. At one point he was worth more than $6 billion from his mining and trading ventures. Glencore CEO Ivan Glasenberg to Retire in 2021 — 4th Update . He would be ranked at 93 along with Malaysian telecoms tycoon Ananda Krishnan and Russian fertilizer baron Dmitry Rybolovlev. Ivan Glasenberg's net worth is $6 Billion making him the fifth richest man in South Africa. Ivan Glasenberg, a towering and . Ivan Glasenberg Quotes "When you are doing a major merger, you got to hope you didn't get it wrong. Ivan Glasenberg. But how did he get his wealth? Glencore's Ivan Glasenberg Dismisses Anglo American Bid Rumors September 5, 2014 Daily News Swiss multinational commodity trading and mining company Glencore, led by billionaire Ivan Glasenberg , has rejected speculation of a possible takeover of British multinational mining company Anglo American, led by Mark Cutifani , stating that the . At one point he was worth more than $6 billion from his mining and trading ventures. Ivan Glasenberg is net worth of $5 Billion. Let's find out! owns a 9.1% stake in Glencore worth about $3.8 billion, according to data provider FactSet. Glencore is getting a new green-tinged lease on life. However, there are several factors that affect a celebrity's net worth, such as taxes, management fees, investment gains or losses, marriage, divorce, etc. Glencore plc announces that Ivan Glasenberg will retire as CEO and as a member of the Glencore Board during the first half of 2021. Glassenberg's net worth was assessed at A$ 7.39 billion in the Financial Review 2021 Rich List. Tue, Jun 29, 2021 - 5:50 AM. Among those that remained are Tor Peterson, head of coal trading, Mate himself, and Ivan Glasenberg, the company's chief executive officer. Glasenberg, 59, has 8.4% of the company. In Zambia, unemployment hovers at about 80%, and 60% of the population lives on less than a dollar a day. In December 2019, Glasenberg said that the retirement . Glencore went public in 2011 What is Ivan Glasenberg's Net Worth? He is known for being a Entrepreneur. He currently resides in South Africa. DETAILS BELOW Ivan Glasenberg (born January 8, 1957) is famous for being entrepreneur. They were followed by Johann Rupert and his family, with 7.1 billion U.S. dollars of net worth. Entrepreneur. Retrieved 28 May 2021. Also like Mr Glasenberg, he built his career by rising through the ranks of Glencore's coal department. Glasenberg was the chief executive officer of the world's biggest commodities trader called Glencore. As the holder of the largest individual stake in Glencore the world's largest commodity trader. Ivan Glasenberg Net Worth According to Forbes Asia in 2016, Glasenberg did not meet up with the cut off of the 50 wealthiest Australias by net worth. However, it increases by nearly 18% from FY13 to FY14 but it did not compensate the 24% lost that occurred from FY12 to FY13 during the merger discussion and the integration process. Family Life Ivan had two children with his wife. Source of wealth: Self-made. Ivan Glasenberg is the former C.E.O of Glencore and the fifth richest person in South Africa. Ivan Glasenberg's age is 64. Mr Nagle intends to relocate from Australia to Switzerland early next year and will work with Mr Glasenberg to effect the transition. In 2017, the financial review rich list assessed Glasenberg's net worth at A$ 06.85 billion. If looking like Mr Glasenberg is a job requirement, Mr Nagle may be the man—some who know him call him a "mini-Ivan." He's South African like his boss, and similarly has degrees in commerce and accounting from the University of Witwatersrand. Glencore CEO Ivan Glasenberg To Retire After 18 Years At The Helm December 6, 2020 Daily News Europe and MENA Top Stories Ivan Glasenberg, the longtime chief executive of Glencore PLC, is handing over the reins of the global mining and trading giant he built, saying Friday he would retire in the first half of next year. South African-born Glasenberg, 56, has a net worth of $7.3bn and is the 125th richest man in the world, according to Forbes. Earlier, he has taken citizenships of Australia and South America. According to Forbes he's worth $6.2b . Ivan Glasenberg is a entrepreneur from South Africa. a stake worth about £ . A COMPANY dynamic worth watching in the second half of this year will be how Gary Nagle takes Glencore towards its new-age makeover, replete with a 2050 carbon neutrality pledge and amid a US . ?no], re-noh) is a French multinational vehicle manufacturer established in 1899. He and Gina Rinehart have been each highly effective billionaire Australian mining magnates. Ivan Glasenberg announcements, news, tweets, videos. Glasenberg, 55, holds more than a 15% stake worth $6.8 billion in the Swiss-based company that went public in a $37 billion listing in May last year. His business revolves around private equity and leveraged buyouts. The past year has punctured both his wealth and veneer of invulnerability; he'll be hoping his judgment doesn't come under similar scrutiny Ivan Glasenberg Net Worth Ivan Glasenberg {Net} {Worth} Between $1M-$5M Career/Supply of Earnings Entrepreneur Begin of Skilled Profession Ivan is originated from South Africa. "The 200 richest people in Australia revealed". She has more . Ivan Glasenberg built his career on quenching the world's thirst for coal. He and Gina Rinehart were both powerful billionaire Australian mining magnates. "Ivan will be missed," said Ben Davis, a mining analyst at Liberum Capital in London. 3. CEO of Glencore, among the world's largest commodity trading businesses, Ivan Glasenberg comes with an estimated net well worth of $5.11 billion by March 2017, relating to Bloomberg. Net worth: R1.3 billion. Ivan Glasenberg - R59.70 billion . As the Chief Executive Officer and Executive Director of Glencore Plc, the total compensation of Ivan Glasenberg at Glencore Plc is GBX1,503,000. Seven thousand kilometres north, you'll . Leon David Black is an American businessman and the son of Eli Black who was a prominent Jewish businessman. He has vowed not to sell any of his shares as . Mr Nagle intends to relocate from Australia to Switzerland early next year and will work with Mr Glasenberg to effect the transition. However, in 2017, the Financial Review Rich List estimated his net worth to be A$6.85billion. Ivan Glasenberg Net Worth is $6.3 Billion Ivan Glasenberg Bio/Wiki, Net Worth, Married 2018 Ivan Glasenberg, (born 1957 in South Africa) is the CEO of Glencore Xstrata, among the planet 's biggest commodity trading and mining companies. At one point he was worth more than $6 billion from his mining and trading ventures. Moreover, if we observe the evolution of Ivan Glasenberg's net worth (compose of the stock that he holds in Glencore) we notice a 63% decrease from FY11 to FY16. Gary Nagle will then become the Glencore CEO and join the Board. Relationship status As of 2022, Ivan Glasenberg's is not dating anyone. "Far more capable of straight-talking than most CEOs, and it was always enjoyable to hear him cut through the illogical strategies of his peers." Ivan Glasenberg. ( 25 May 2017). Ivan Glasenberg net worth: Ivan Glasenberg is the CEO of Glencore International plc who has a net worth of $6.3 billion. When Glencore floated via an initial public offering in May 2011, it was reported that Glasenberg personally earned billions. Ivan Glasenberg Height Ivan Glasenberg's height Not available right now. Glasenberg has a net worth estimated at about $4.3 billion, according to the Bloomberg Billionaires Index. His net worth is estimated to be sitting at $7.3 billion (R59.70 billion), putting him in 125th position on the Forbes billionaire's list . Following the listing in 2011, Glasenberg was ranked 301<sup>st on Forbes' rich list. Net worth: A$ 7.39 bn (AFR 2021) [1] US$ 5.36 bn (March 2021) [2] Children: 2: Ivan Glasenberg (born 7 January 1957) is a South African business executive and former chief executive officer of Glencore, one of the world's largest commodity trading and mining companies. Who is the richest South African? . Glencore could eventually spin out its coal assets, according to outgoing chief executive Ivan Glasenberg, who says he will leave the task of transforming the mining and trading giant into a green . Commodities giant Glencore's stock price fell two-thirds in the past year, pushing its longtime CEO Ivan Glasenberg's net worth down by $3 billion. In recent weeks he struck a a blockbuster merger deal with Xstrata . Australia's second-richest man. In 2017 the assessed Glassenberg's net worth at A$ 6.85 billion. Details about Ivan Glasenberg Net Worth in 2022 and Ivan Glasenberg {Net} {Worth} 2.9 billion USD (2020)Glasenberg grew to become CEO of the merged entity created when Glencore and Xstrata finalised one of On the same day it announced long-term Chief Executive Ivan Glasenberg's successor, the 31 billion pound miner committed itself to net zero . Continue to next page below to see how much is Ivan Glasenberg really worth, including net worth, estimated earnings, and salary for 2020 and 2021. Australia's second-richest man. The South African Entrepreneur was born in South Africa on January 8, 1957. In Zambia, unemployment hovers at about 80%, and 60% of the population lives on less than a dollar a day. Sliding into Ivan Glasenberg's shoes was never going to be easy. "Ivan will be missed," said Ben Davis, a mining analyst at Liberum Capital Ltd. in London. Therefore, the above worth, income or earnings statistics may not . Seven thousand kilometres north, you'll . (Bloomberg) -- Ivan Glasenberg is Mr. Coal. Ivan Glasenberg 5.Patrice Motsepe . According to Forbes, Ivan Glasenberg net worth 2019 is $4.5 billion. $6.3 Billion Wiki Biography Ivan Glasenberg, (born 1957 in South Africa) is the CEO of Glencore Xstrata, one of the world's largest commodity trading and mining companies. Since January 2015, the chief executive has lost 74% of his net worth. According to our analysis, Wikipedia, Forbes & Business Insider, Ivan Glasenberg net worth is approximately $1.5 Million. As of 2021, Ivan Glasenberg's net worth is $100,000 - $1M. Industry: Mining. Ivan Glasenberg - R59.70 billion . Source of Wealth. His net worth is estimated to be sitting at $7.3 billion (R59.70 billion), putting him in 125th position on the Forbes billionaire's list . This is up . Net Worth of Ivan. Overview Latest news Net worth summary Biography Relative value Glencore's new boss, Gary Nagle, has inherited a $70 billion miner-cum-trader with a unique suite of metals crucial to a low . He has since fallen more than 1,000 . Ivan Glasenberg owns the largest private stake in the world's biggest commodity trader, Glencore, with about 8.4% of the Company. Glencore Plc named the head of its coal business, Gary Nagle, to take over as chief executive officer next year, when billionaire Ivan Glasenberg retires after almost two decades running the world .