Gary Fegel
REAL TIME NET WORTH — as of 5/11/17
$1.2 B
Gary Fegel became a billionaire running the aluminum business for Swiss commodities giant Glencore, which he joined in 2001 after earning his MBA from the University of St. Gallen. Fegel left Glencore in 2013 and since then he’s been diversifying his fortune. He started his own investment firm GMF Capital, based in Zurich and New York, where he began focusing on global private equity and real estate deals. He and his wife Yael, a British lawyer, split their time between Switzerland, London and New York.
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.
Source:
1. forbes