Billionaire Profile

Global Rank

#1692

Image: Public domain | via Wikimedia Commons

Tor Peterson

CEO, Glencore

Real-Time Net Worth

$2.2B

As of December 2025

Age

Source

Commodities

Industry

metals-mining

Citizenship

Biography

Tor Peterson is a prominent figure in the commodities industry, recognized for his significant contributions to global trading. As of late 2024, his net worth is estimated at $2.2 billion. Peterson's wealth stems from his involvement in commodities trading. His career began in the financial sector before he joined Glencore in 1992, where he eventually led marketing operations for the coal division. He is known for his strategic vision and leadership. Beyond his business success, Peterson is involved in various philanthropic endeavors, focusing on education, healthcare, and environmental conservation.

Wealth Over Time

Portfolio Holdings

Glencore

In-Depth Profile

Early Life and Education

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 of Arts/Science degree.

Rise to Success

Peterson's career began in the commodities market at Phibro-Salomon in New York. In 1992, he joined Glencore, a major commodities trading company. Over the years, he rose through the ranks, becoming the Director of the Coal and Coke Commodity Department in 2002. He played a key role in expanding Glencore's coal trading operations, contributing to the company's growth and market position.

Key Business Strategies

Peterson's success at Glencore was marked by his expertise in commodities trading, risk management, and market dynamics. His leadership was crucial in shaping Glencore's position as a leading global commodity trader.

Philanthropy

Beyond his business achievements, Peterson is recognized for his philanthropic initiatives, supporting causes related to education, healthcare, and environmental conservation.

Career Milestones

1992

Joined Glencore

Began his career at Glencore, a global commodity trading and mining company.

2002

Director of Coal and Coke Commodity Department

Appointed Director of the Coal and Coke Commodity Department at Glencore.

2021

Retired from Glencore

Stepped down from his role at Glencore.

Philanthropy & Social Impact

Philanthropy

Various charitable initiatives

Information not available

Focused on education, healthcare, and environmental conservation.