RedCarpetLife
1118
In the world today
Daniel Mate

Daniel Mate

D. Mate
0.22% | + $8.40M
$3.81 B ₹ 34,679 Cr
Real Time Net Worth #1118 Ranking as of 21 Feb 2026 By Forbes

More on Daniel Mate

Gender

Male

Age

63Y

Country

Spain

Born On

January, 1963

Deceased

No

Relationship Status

Married

Children

2

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Commodities)

Primary Organization

Glencore

Titles

Shareholder

Sources of Wealth

Glencore

Industry

Commodities, Mining, Metals

About Daniel Mate


D aniel Maté is a Spanish billionaire and one of the key executives and major shareholders of Glencore, the world's largest and most powerful commodities trading and mining company. He joined the company's predecessor, Marc Rich + Co., in the 1980s and rose through the ranks to become a senior trader and a key member of the company's inner circle.

Maté has headed Glencore's zinc and lead marketing divisions, two of the company's key business areas. He became a multi-billionaire after Glencore's massive initial public offering in 2011, which turned its top partners and traders into some of the wealthiest people in the world. He has since retired from his executive role but remains a significant shareholder in the commodities giant. Like the other Glencore partners, he is known for being extremely private.

Advertisement

Quick Reads


  • A major shareholder and former senior executive at the commodities giant Glencore.
  • Headed the company's zinc and lead trading divisions for many years.
  • Became a billionaire following Glencore's massive 2011 IPO.
  • Joined the company's predecessor, Marc Rich + Co., in the 1980s.
  • He has retired from his operational role but retains a large stake in the company.

Early Life and Background


Daniel Francisco Maté Badenes is a Spanish billionaire businessman and one of the largest individual shareholders of Glencore plc (LSE: GLEN), the Anglo-Swiss commodity trading and mining giant. Born in 1963, his wealth is rooted in the high-stakes, specialized world of commodity finance and trading.

Maté holds dual degrees in Economics and Law from the University of Deusto in Spain. This rigorous, dual academic background provided him with the necessary expertise to understand both market dynamics and the complex international contracts governing commodity trade. He is one of the famously low-profile, long-time partners of Glencore who amassed colossal fortunes when the company went public in 2011.

Career Journey of Daniel Mate


Daniel Maté's entire career has been spent within the Glencore empire, where he became one of the key executives responsible for the company's trading and marketing operations. He is in charge of zinc and lead marketing at Glencore, a crucial and profitable division for the world's largest commodity trader. His role involved negotiating massive supply contracts and managing the intricate price and risk associated with these essential base metals.

Maté’s wealth was secured in May 2011 when Glencore launched its massive IPO on the London Stock Exchange, which instantly transformed the firm's private partners into billionaires. He owns approximately 3 percent of Glencore, a stake that is central to his multi-billion dollar fortune. Maté maintains a notoriously private lifestyle, managing his wealth from his base in Schwyz canton, Switzerland, a nucleus for international financial operations.

Advertisement

Daniel Mate's Timeline


1980s:

Graduates with degrees in Economics and Law from the University of Deusto (Academic Achievement).

1990s:

Joins Glencore (Executive Entry).

Ongoing:

Becomes Head of zinc and lead marketing (Executive Ascent).

2011 (May):

Glencore executes its massive IPO on the LSE (Financial Milestone).

Ongoing:

Maintains a substantial 3 percent stake and resides in Switzerland (Financial Status).

Major Business Ventures and Investments


Daniel Maté's wealth is overwhelmingly concentrated in his substantial equity stake in the publicly traded commodity giant, Glencore plc.

  • Glencore plc (Major Shareholder): The core asset, a global leader in commodity trading and mining, controlling market shares in zinc, copper, and lead. He holds approximately 3 percent of the company.
  • Commodity Specialization: His expertise is in the zinc and lead marketing division, a high-volume, high-value segment of the company.
  • Investment Strategy: His philosophy is rooted in quantitative trading, risk management, and capitalizing on global supply/demand imbalances in essential metals.
  • Financial Location: He resides and manages his assets in the Schwyz canton, Switzerland, known for its financial benefits.

Advertisement

Philanthropy and Social Impact


Daniel Maté's social impact is structural, stemming from Glencore's immense role in facilitating global commodity trade and supplying essential base metals (zinc, copper, lead) used in manufacturing, infrastructure, and construction worldwide. Glencore is a massive employer and contributor to the national economies where its mining and trading operations are based.

His personal philanthropy is highly discreet, adhering to the standard of privacy maintained by the Glencore partners. His wealth is a testament to the profitability of mastering the complex logistics and financial engineering of the global commodity supply chain.

Fashion, Style, and Lifestyle


Daniel Maté maintains the highly discreet, professional style of a commodity trader. His attire is consistently formal and high-quality, favoring tailored business suits that reflect the seriousness and immense value of his portfolio. His aesthetic is one of guarded, quiet authority.

Residing in the Schwyz canton, Switzerland, his luxury is the immense security and financial reward derived from his dominance in the global commodity market. His life is defined by his commitment to financial discipline and the high-stakes trading of essential industrial metals.

Advertisement

Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is one of the largest individual shareholders of Glencore (approximately 3 percent).
  • He is in charge of zinc and lead marketing for the global commodity giant.
  • He holds dual degrees in Economics and Law from the University of Deusto.
  • He became a billionaire after Glencore's IPO in 2011.
  • He resides in the Schwyz canton, Switzerland, known for its financial appeal.
  • Glencore controls a massive global market share in internationally tradable zinc and copper.
  • His wealth is a direct result of the successful transition of Glencore from a private firm to a public one.

Advertisement

More Profiles


David Lichtenstein

0% | $0.00M

Jerry Moyes & family

+0.65% | +$13.94M

You May Like


Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

Sponsored Content