Gary Fegel Net Worth is$1 Billion
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Gary Fegel Net Worth: Gary Fegel is a Swiss businessman who has a net worth of $1 billion. Gary Fegel acquired billionaire status in May 2011, right after Glencore's IPO. Once he took his Master of Business Administration degree from the University of St. Gallen, Fegel took part of the alumina and aluminum department at the commodities titan in 2001. Six years later, he got appointed Director of the department, where he now manages operations like buying, marketing, logistics, hedging and risk management for Glencore's aluminum business. In February 2012, Glencore revealed its plans to merge with mining outfit Xstrata, but the so-called all-stock "merger of equals" is currently waiting for regulatory approval in China.

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Gary Fegel Latest News

Glencore aluminium head Gary Fegel worth $1bn

The 2.24pc holding of Gary Fegel, director of Glencore's aluminium unit, emerged in regulatory filings made by the company following its announcement it plans to merge with mining group Xstrata in an all-share deal. Glencore had already disclosed the ...
Posted: February 16, 2012, 12:21 pm

Just three out of six left standing in the Glencore billionaires' club

Gary Fegel, the former head of aluminum who left Glencore in 2013, was a billionaire at the time of the IPO based on his stake. Fegel has sold all his Glencore shares since he left and is no longer financially engaged with the trading house, he said in ...
Posted: August 23, 2015, 7:30 pm

Glencore Xstrata to Appoint Andrew Caplan as Head Of Aluminum Unit -Source

LONDON--Commodities titan Glencore Xstrata PLC (GLNCY, GLEN.LN) is set to appoint Andrew Caplan as the new head of it aluminum division following the departure of veteran Gary Fegel, a person familiar with the matter said. Mr. Caplan is a relative newcomer ...
Posted: May 23, 2013, 12:05 pm
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