No. 240Switzerland
Ivan Glasenberg
Mining · Ruschlikon
Net worth
$13.1B
Today
+$179M+1.39%Past month
−$1.1B−7.53%As of Nov 11, 2026, 1:50 PM EST
Ivan Glasenberg holds the largest individual stake in Glencore, the world's biggest commodity trader. Glasenberg served as CEO of Glencore from 2002 until his 2021 retirement. After earning his MBA from the USC, Glasenberg started working as a marketer in the coal department of Marc Rich & Co. in his native South Africa. The company became Glencore in 1994 and went public in 2011.
Net worth over time
−7.53%−$1.1B over the past month
$14B$13B$13B
Oct 12Nov 11
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Glencore International Plc LONDON: GLEN-GB | Metals & Mining | 62.5% | $8.2B |
Private and other holdings | Metals & Mining | 37.5% | $4.9B |
Also known for
- Glasenberg is a former South African race-walking champion.
- Glencore's founder Marc Rich, who fled the U.S. in 1983 after being indicted for multiple crimes including tax evasion, was pardoned by Bill Clinton in 2001.