South African billionaire Ivan Glasenberg takes $684 million hit on Glencore stake
This decline follows a steeper loss earlier this year, when his stake dropped by $817.53 million between Jan. 24 and Feb. 23.
Ivan Glasenberg
South African billionaire Ivan Glasenberg’s Glencore stake slips below $5 billion
His holdings have declined by £647.19 million ($817.53 million) in the past month as Glencore’s stock fell under market pressure.
South African billionaire gains $360 million from Glencore shares after 2024’s $1.9 billion loss
This marks a partial recovery after a challenging year in which his stake dropped by nearly $2 billion.
South African billionaire Ivan Glasenberg loses $1.9 billion on Glencore stake
Glencore's share price slump wipes out $1.9 billion from Ivan Glasenberg's stake.
South African billionaire Ivan Glasenberg’s net worth jumps $640 million
The recent surge in Glasenberg’s fortune translates to an average daily gain of $37.6 million since May 1.
South African billionaire Ivan Glasenberg loses $240 million in 17 days
The $240-million decline is primarily attributed to the recent decrease in the market value of his 9.81-percent stake in Glencore.
South African billionaire Ivan Glasenberg gains $520 million in two weeks
Glasenberg’s rising fortune further cements his position among the world’s richest individuals.
South African billionaire Ivan Glasenberg’s fortune grows $120 million in a week
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 of drafting this report.
South African billionaire Ivan Glasenberg’s wealth surges by $510 million in 34 days
Despite recording substantial year-to-date losses totaling $687 million, Glasenberg’s recent ascent in wealth has been notable.
South African billionaire Ivan Glasenberg loses $490 million in 6 days
Ranked 318th among the world’s wealthiest, Glasenberg has slipped from 302nd since Feb. 3.
South African billionaire Ivan Glasenberg-linked Glencore cuts cobalt production targets
Despite the challenges in the production sector, Glencore experienced a positive turn in its share price, surging by 2.49 percent over the past 24 hours to £4.25 ($5.42).
South African billionaire Ivan Glasenberg loses $860 million in just 24 days
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.
South African billionaire Ivan Glasenberg suffers $389-million loss in first weeks of 2024
Glasenberg’s wealth is derived from his 9.81-percent stake in Glencore, a Swiss multinational commodity trading and mining company.
South African billionaire Ivan Glasenberg faces $254-million wealth loss in 2023
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.
South African billionaire Ivan Glasenberg’s fortunes soars by $230 million in 3 days
With the recent surge in his net worth, Glasenberg presently ranks as the 275th richest individual in the world.
