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Billionaire Profile
Daniel Mate
Global Rank
#1074

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
$4.023B
Estimated based on Mining stock value as of April 20, 2026
-0.02% (24h)
Age
62
Source
Mining, commodities
Industry
Metals & Mining
Citizenship
SPAIN

Biography

Daniel Francisco Maté Badenes, born in the early 1960s, is a Spanish billionaire known for his significant stake in Glencore, a global commodity trading and mining powerhouse. Holding a 3% stake in the company, he is a key player in the metals and mining industry. His estimated net worth is $3.9 billion. Maté, a University of Deusto alumnus with degrees in economics and law, is responsible for zinc and lead marketing within Glencore. He is married with two children and resides in Kanton Schwyz, Switzerland.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Daniel Francisco Maté Badenes was born in Spain in the early 1960s. Little information is publicly available about his early life.

Rise to Success

Daniel Maté's career is closely tied to Glencore. He joined Marc Rich & Co. in 1988 in Switzerland, which was later bought out by management and renamed Glencore. In 1991, he moved to the zinc, copper, and lead commodity department, becoming its co-director by 2000. He retired in July 2020. His expertise in the commodities market has been instrumental in Glencore's success.

Key Business Strategies

Maté's primary business strategy has been his deep involvement in the commodities market, specifically in zinc and lead marketing. His ownership of a significant stake in Glencore has been a key factor in his wealth. His contributions to Glencore's growth and profitability in the mining and metals sector are notable.

Philanthropy

Daniel Maté is known for his philanthropic efforts and support for various charitable causes, although specific amounts and initiatives aren't readily available.

Career Milestones

1988

Joined Marc Rich & Co.

Began his career at Marc Rich & Co. in Switzerland, which later became Glencore.

1991

Zinc, Copper, and Lead Commodity Department

Moved to the zinc, copper, and lead commodity department.

2000

Co-Director

Became the co-director of the zinc, copper, and lead commodity department.

2020

Retired from Glencore

Retired from Glencore in July.

Philanthropy & Social Impact

Charity

Philanthropic Efforts

Undisclosed

Supports various charitable causes.

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