Billionaire Profile
Daniel Mate
Global Rank
#1116

Image: U.S. Navy photo by Photographer’s Mate Airman Joan Kretschmer. | Public domain | via Wikimedia Commons

Daniel Mate

CEO, Mining
SPAIN
Real-Time Net Worth
$3.828B
Estimated based on Mining stock value as of March 6, 2026
-1.64% (24h)
Age
62
Source
Mining, commodities
Industry
Metals & Mining
Citizenship
SPAIN

Biography

Daniel Mate is a Spanish billionaire whose wealth stems from mining and commodities. He is a former head of zinc at Glencore, a major player in the industry. With a net worth of $2.7 billion as of February 2026, Mate's career began at Marc Rich & Co. in 1988 before transitioning to Glencore. He rose to co-directing the zinc, copper, and lead commodity department in 2000 and retired in July 2020. Beyond his business ventures, Mate is also a musical theatre lyricist and composer, with work recognized by the Edward Kleban Prize, a Jonathan Larson Foundation Grant, and the Cole Porter Award for Music and Lyrics.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Career

Daniel Maté's career began at Marc Rich & Co. in Switzerland in 1988, six years before the company was renamed Glencore. He started working in the zinc, copper, and lead commodity department in 1991. He rose to co-directing the department in 2000. Maté spent a considerable amount of time in the commodities and mining industries, accumulating wealth and expertise.

Glencore and Retirement

He was a significant figure at Glencore, a multinational commodity trading and mining company. He retired from Glencore in July 2020, after a successful career in the company. His retirement marked the end of an era in the world of commodities trading.

Current Status

As of February 2026, Daniel Mate's net worth is estimated to be $2.7 billion. He continues to be a notable figure in the business world. He is known for his expertise in the commodities market and is recognized for his contributions to Glencore's growth and profitability.

Musical Theatre Career

Beyond his business ventures, Daniel Mate is also a musical theatre lyricist and composer. His work has been recognized with several prestigious awards, including the Edward Kleban Prize, a Jonathan Larson Foundation Grant, and the Cole Porter Award for Music and Lyrics.

Career Milestones

1988

Joined Marc Rich & Co.

Began his career in Switzerland at Marc Rich & Co., six years before it was renamed Glencore.

1991

Transferred to Zinc, Copper, and Lead Department

Moved to the zinc, copper, and lead commodity department, rising through the ranks.

2000

Co-Director

Rose to co-directing the zinc, copper, and lead commodity department.

2020

Retired from Glencore

Retired from Glencore after a successful career.

Philanthropy & Social Impact

Charity

Philanthropic efforts

Undisclosed

Known for his philanthropic efforts and support for various charitable causes.