What is Aristotelis Mistakidis' Net Worth?
Aristotelis Mistakidis is a Greek metals trader who has a net worth of $2.8 billion dollars. While he may be the richest person in Greece, he is also a resident of Zug, Switzerland. Aristotelis Mistakidis grew his wealth from the ground up. He earned his degree from the London School Economics, and then began working for Cargill, serving in their private commodities division. After six years with Cargill, he moved on to Marc Rich & Co., now known as Glencore, in the early 90s.
Over the course of the next seven years, he rose from employee in the zinc, copper, and lead division, all the way up to co-director. Glencore is now the largest commodities trading company in the world, and is headquartered in Baar, Switzerland. Glencore went public in the spring of 2011, and while its shares dropped in value by a whopping 20%, the company recently announced plans to join forces with the mining company, Xstrata. Together, the two massive companies would control a vast empire of mining and marketing. The merger itself is valued at $90 billion.
