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Key Points
- Ivan Glasenberg’s Glencore stake has fallen below $5 billion as the company’s stock tumbled 14.22% in the past month on the LSE.
- A 16% drop in adjusted EBITDA due to lower coal prices has shaken investor confidence, dragging Glencore’s market cap below $55 billion.
- Despite losses, Glasenberg remains a key figure in the sector, with his sharp decision-making shaping Glencore’s investment strategies beyond mining.
South African billionaire Ivan Glasenberg has seen the market value of his stake in Glencore slip below the $5 billion mark as the commodity giant’s shares tumbled on the London Stock Exchange (LSE).
Glasenberg, who holds a 9.93 percent stake—equivalent to 1.21 billion shares—remains one of the world’s 500 richest individuals. However, his holdings have declined by £647.19 million ($817.53 million) in the past month as Glencore’s stock fell under market pressure.
Glencore’s market woes weigh on Glasenberg’s fortune
The recent downturn wiped out a $361.1 million gain recorded between Jan. 1 and Jan. 26, when Glasenberg’s stake rose from £3.75 billion ($5.31 billion) to £4.57 billion ($5.67 billion).
As of the latest market valuation, his holdings have dropped to £3.90 billion ($4.93 billion), dealing a significant blow to the mining magnate.
Glencore, a major player in the global commodities market, has been facing financial pressure. The Swiss multinational reported $230.94 billion in revenue, but a drop in energy coal prices led to a 16 percent decline in adjusted EBITDA to $14.36 billion.
The weak financial results have shaken investor confidence, pushing Glencore’s stock down 14.22 percent over the past month, from £3.754 ($4.74) on Jan. 24 to £3.22 ($4.07).
This decline has dragged the company’s market capitalization below $55 billion, further eroding shareholder value—including Glasenberg’s stake.
A wealth titan faces market volatility
Despite the decline, Glasenberg remains a key player in the commodities sector. The former Glencore CEO has long pushed for investments beyond mining, earning a reputation for navigating the industry’s ups and downs with sharp decision-making.
Glencore’s stock has fallen 8.78 percent since the start of 2025. An investor who put in $100,000 at the beginning of the year would now have $91,220—a loss of $8,780.
With the stock struggling, investors must decide whether this dip is a buying opportunity or a red flag. Glasenberg’s wealth may be shifting, but his influence in the commodities market isn’t fading anytime soon.