Billionaire Profile
Alex Beard
Global Rank
#2110

Image: Public domain | via Wikimedia Commons

Alex Beard

CEO, Glencore
GB
Real-Time Net Worth
$1.8B
As of December 2025
Age
58
Source
Mining, commodities
Industry
metals-mining
Citizenship
GB

Biography

Alex Beard is a prominent figure in the commodities and mining industry, recognized for his significant contributions to Glencore, where he served as head of oil operations. With an estimated net worth of $1.8 billion, his career highlights include a pivotal role in expanding Glencore's global oil trading business. Beard's journey began in the oil industry, later leading him to senior positions within Glencore. His work at Glencore from 1995, culminated in becoming head of the oil department in 2007. He is also known for his philanthropy, supporting causes related to education and the arts, and is a trustee of Shakespeare's Globe.

Wealth Over Time

In-Depth Profile

Early Life

Alexander Frank Beard was born in 1967 in Gravesend, Kent, England. He attended Gravesend Grammar School for Boys and later studied at Christ Church, Oxford University, graduating with a degree in Biochemistry. Before entering the business world, Beard spent five years as an oil trader at BP.

Rise to Success

Beard's career took off in 1995 when he joined Glencore, a multinational commodity trading and mining company. He quickly ascended the ranks, becoming the director in charge of Glencore's oil commodity department in 2007. He oversaw the company's crude oil and oil products marketing, shipping, exploration, production and other oil-related investments. In 2019, he retired as head of worldwide oil operations at Glencore. He was based in London and was the highest-ranking Glencore executive in the UK.

Key Business Strategies

During his tenure at Glencore, Beard was instrumental in the strategic expansion of the company's oil trading operations. He played a key role in establishing the RussNeft joint venture for production in Russia and made strategic investments in shipping, refining, and storage assets.

Philanthropy

Alex Beard is known for his commitment to philanthropy. He established The Watering Hole Foundation in 2012, a public charity focused on saving endangered wildlife and preserving their environments. He also served on the board of trustees for Shakespeare's Globe in London.

Career Milestones

1990-1994

Oil Trader

Worked as an oil trader at BP.

1995

Joined Glencore

Joined Glencore as a trader.

2007

Head of Oil

Appointed as Director of Glencore's oil commodity department.

2019

Retired from Glencore

Retired as head of worldwide oil operations.

Philanthropy & Social Impact

Environmental Conservation

The Watering Hole Foundation

Undisclosed

A public charity focused on saving endangered wildlife and preserving their environments.

Controversies & Challenges

2024

Corruption Charges

Charged with corruption by the UK's Serious Fraud Office for alleged involvement in corrupt payments related to Glencore's oil operations in West Africa.