The $240-million decline is primarily attributed to the recent decrease in the market value of his 9.81-percent stake in Glencore.
Ivan Glasenberg
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Glasenberg’s rising fortune further cements his position among the world’s richest individuals.
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In recent times, Glencore shares are up 1.4 percent, rising from £4.28 ($5.39) on March 21 to £4.34 ($5.47) at the time …
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Despite recording substantial year-to-date losses totaling $687 million, Glasenberg’s recent ascent in wealth has been notable.
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Ranked 318th among the world’s wealthiest, Glasenberg has slipped from 302nd since Feb. 3.
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Despite the challenges in the production sector, Glencore experienced a positive turn in its share price, surging by 2.49 percent over the …
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The $860-million year-to-date wealth loss is attributed to the sustained dip in the market value of his 9.81 percent stake in Glencore.
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Glasenberg’s wealth is derived from his 9.81-percent stake in Glencore, a Swiss multinational commodity trading and mining company.
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The $254-million year-to-date decline in his wealth is attributed to the sustained dip in the market value of his stake in Glencore.
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With the recent surge in his net worth, Glasenberg presently ranks as the 275th richest individual in the world.