Billionaire Profile
T
Global Rank
#1466

Image: C. Peterson | Public domain | via Wikimedia Commons

Tor Peterson

CEO, Commodities
UNITED STATES
Real-Time Net Worth
$2.898B
Estimated based on Commodities stock value as of April 20, 2026
+0.02% (24h)
Age
61
Source
Commodities
Industry
Food & Beverage
Citizenship
UNITED STATES

Biography

Tor Peterson is an American businessman, currently 61 years old, known for his success in the commodities trading industry. His career began at Phibro-Salomon, where he gained experience in commodities marketing. In 1992, he joined Glencore, a Swiss commodities trading and mining company, eventually heading its coal trading operations. He owns a minority stake in Glencore. Peterson's source of wealth is from commodities. He graduated from Duke University. He is currently single and resides in Zug, Switzerland.

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

Wealth Over Time

In-Depth Profile

Early Life

Tor Peterson was born in the United States. He attended boarding school in Switzerland and later studied at Duke University, where he earned a bachelor's degree in political science and French in 1986.

Rise to Success

Peterson began his career at Phibro-Salomon, where he worked for six years in commodities marketing. In 1992, he joined Glencore, a Swiss commodities trading and mining company. He rose through the ranks and became the head of coal trading. Peterson played a crucial role in expanding Glencore's coal trading operations, contributing to the company's growth and profitability. He owns a minority stake in Glencore.

Key Business Strategies

Peterson's success at Glencore was marked by his strategic vision and expertise in commodities trading, risk management, and market dynamics. He oversaw the global marketing business and industrial assets of the coal department, including strategy and operations.

Philanthropy

Tor Peterson has been involved in charitable initiatives, including those focused on education, healthcare, and environmental conservation.

Career Milestones

1986

Graduated from Duke University

Earned a dual degree in Political Science and French.

1992

Joined Glencore

Began working at Glencore, a commodities trading company.

2002

Director of Coal and Coke Department

Appointed Director of Coal and Coke Department at Glencore.

2021

Stepped down from role at Glencore

Stepped down from his role at Glencore as the commodities firm shook up its leadership ranks.

Philanthropy & Social Impact

Philanthropy

Various charitable initiatives

Undisclosed

Focused on education, healthcare, and environmental conservation