What is Alex Beard's Net Worth?
Alex Beard is a British oil executive who has a net worth of $1.9 billion. Born Alexander Frank Beard, he made his fortune as the highest-ranking executive in Glencore, a multinational commodity trading and mining company. A Master of Science of Oxford University, Beard started his career at BP's Crude Oil Department. After working for five years there, he joined Glencore in 1995.
Over a decade of working, in 2007, he finally became the Director of the oil commodity department. Currently, Beard serves the Global Head of Oil, and he is in charge for the worldwide operations of the company. He also became a member of the billionaires club in 2011, when Glencore made its Initial Public Offering on the London exchange, and Beard has got an estimated wealth of more than $2 billion. Even though the company lost nearly 20% of the shares' value after their public debut, the Glencore future is shining bright because of its plans to merge with Xstrata, a mining company.