Billionaire Profile

Global Rank

#1298

Image: Public domain | via Wikimedia Commons

Daniel Mate

CEO, Glencore

Real-Time Net Worth

$3.08B

As of December 2025

Age

Source

Mining, commodities

Industry

metals-mining

Citizenship

Biography

Daniel Francisco Maté Badenes, born in the early 1960s, is a Spanish billionaire known for his significant stake in Glencore, a major player in the mining and commodities industry. With a net worth of $3.08 billion as of December 2025, Mate's wealth stems from his expertise in metals and commodities trading. His career includes a pivotal role in zinc and lead marketing at Glencore, where he was responsible for the commodity department. Daniel Mate's achievements have significantly contributed to Glencore's growth and profitability, solidifying his position as a key figure in the global metals and mining sector. He is a University of Deusto alumnus with degrees in economics and law.

Wealth Over Time

Portfolio Holdings

Glencore

In-Depth Profile

Early Life

Daniel Francisco Maté Badenes was born in San Sebastián, Spain, in 1963. Not much information is available about his early life, but he went on to graduate from the University of Deusto with degrees in economics and law.

Rise to Success

Mate's career began in 1988 when he joined Marc Rich & Co. in Switzerland. He was transferred to the zinc, copper, and lead commodity department in 1991, quickly rising to the position of co-director. He became responsible for zinc and lead marketing at Glencore, a multinational commodity trading and mining company. He owns approximately 3% of Glencore, making him a significant shareholder.

Key Business Strategies

His main source of income comes from the mining and commodities sector. He is known for his expertise in the commodities market and his contributions to Glencore's growth and profitability.

Philanthropy

Information about Daniel Maté's awards and achievements is not publicly available, but he is known for his philanthropic efforts and support for various charitable causes.

Career Milestones

1988

Joined Marc Rich & Co.

Began his career at Marc Rich & Co. in Switzerland.

1991

Transferred to Zinc, Copper, and Lead Commodity Department

Rose to co-director of the division.

2000

Responsible for Zinc and Lead Marketing at Glencore

Took on a key role in Glencore's commodity operations.

2020

Retired from Glencore

Ended his tenure at Glencore.

Philanthropy & Social Impact

Philanthropy

Charitable Causes

Undisclosed

Supports various charitable causes.