, (born 1957) is the chief executive officer of Glencore Xstrata, one of the world's largest commodity trading and mining companies. Glasenberg is described as a South African-Australian-Israeli triple citizen. He became a Swiss citizen in 2011. He is also on the boards of mining companies Xstrata plc and Minara Resources Ltd.
Background and early career
Glasenberg was born in South Africa in January 1957. His father, Samuel Glasenberg, was "a luggage manufacturer and importer born in Lithuania", and his mother, Blanche, was South African. The family lived in Illovo, Gauteng, a suburb of Johannesburg. Glasenberg was an athlete, and by his early 20s was national junior champion in race walking. He received his MBA from the University of Southern California in 1983. and Australia. He was named CEO in 2002.
In 2005, BusinessWeek referred to Glasenberg as a key figure in the secretive commodities trading of Mark Rich's company Mark Rich & Co. AG Glencore is the corporate successor to Marc Rich & Co AG.
As of August 2011, it has been reported that, due to the economic climate, Glasenberg lost GBP788 million as his share price plummeted 13.2 per cent leaving his 15.8 per cent of the company worth GB£4.7 billion. In September 2011, using his own dividends, Glasenberg started buying a larger share of Glencore, buying up to an additional US$54 million of Glencore stock. 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.
Source @ Wikipedia