Ivan Glasenberg Net Worth

Three years later, Glasenberg was referred by BusinessWeek as a key figure, “lieutenant,” in the secretive oil-trading inner circle of billionaire commodities trader Marc Rich, who was charged with tax evasion and illegal deals with Iran and later pardoned by U.S. president Bill Clinton. As of April 2012, Glasenberg reportedly is the 20th richest mining billionaire, holding more than 15 per cent of Glencore’s stock. At the time, Forbes estimated his net worth at US$7.3 billion. Glasenberg holds a BA in Accountancy from the University of the Witwatersand, South Africa, as well as a MA in Business Administration from the University of Southern California, Los Angeles. In addition to the above, he has been a champion race-walker for both South Africa and Israel. And when it comes to his private life, he is married with two children, currently residing in the village of Rüschlikon in Switzerland.