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Tor Peterson

Tor Peterson

T. Peterson
0.21% | + $5.72M
$2.75 B ₹ 25,044 Cr
Real Time Net Worth #1506 Ranking as of 21 Feb 2026 By Forbes

More on Tor Peterson

Gender

Male

Age

62Y

Country

United States

Born On

January, 1964

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Duke University - Bachelor'S

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Commodities)

Primary Organization

Glencore

Titles

Former Executive

Sources of Wealth

Commodities Trading

Industry

Metals-Mining, Energy

About Tor Peterson


T or Peterson is an American billionaire who built his fortune as a key executive at Glencore, the Swiss commodities trading and mining giant. He joined the firm in 1992 after gaining six years of experience trading commodities at Phibro-Salomon in New York, bringing valuable market expertise to the team. For decades, he led the marketing operations for Glencore's coal division, playing a pivotal role in establishing the company's dominance in the global energy markets.

As the only American among the cadre of billionaires minted by Glencore's public listing, Peterson holds a significant minority stake in the company, which trades on the London Stock Exchange. He stepped down from his executive role in 2021 amidst a broader leadership reshuffle at the firm but remains a wealthy shareholder. His career exemplifies the lucrative nature of high-stakes commodities trading, having navigated volatile markets to build lasting personal wealth.

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Quick Reads


Early Life and Background


Tor Peterson is an American businessman, the only American among the five-person cadre of billionaires to earn their fortunes at Swiss commodities-trading powerhouse Glencore (LSE: GLEN).

After six years of trading commodities at Phibro-Salomon in New York, he joined Glencore in 1992. He previously led marketing operations for Glencore's coal division.

  • Core Company: Glencore (Commodities-trading powerhouse).
  • Key Role: Led marketing operations for its coal division.
  • Prior Experience: Traded commodities at Phibro-Salomon in New York for six years.

Career Journey of Tor Peterson


Tor Peterson's career is defined by his long and successful tenure at Glencore, one of the world's most powerful commodities firms. His structural achievement is tied to managing the global marketing and logistics for Glencore's massive coal division.

He stepped down from his role at Glencore in 2021 as the commodities firm shook up its leadership ranks. He owns a minority stake in the company, which is listed on the London Stock Exchange.

  • Departure: Stepped down from his role at Glencore in 2021.

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Tor Peterson's Timeline


Pre-1992:

Traded commodities at Phibro-Salomon in New York for six years.

1992:

Joined Glencore.

2021:

Stepped down from his role at Glencore.

Ongoing:

Continues to own a minority stake in Glencore.

Major Business Ventures and Investments


Tor Peterson's wealth is concentrated in his minority ownership stake in the publicly traded commodities giant, Glencore.

  • Glencore (Minority Stakeholder): Commodities trading powerhouse.
  • Key Role: Led marketing operations for its coal division.
  • Sector Focus: Global commodity trading, particularly in coal and other raw materials.

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Philanthropy and Social Impact


Fashion, Style, and Lifestyle


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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the only American among the billionaires to earn their fortunes at Swiss commodities-trading powerhouse Glencore.
  • He led marketing operations for Glencore's coal division.
  • He joined Glencore in 1992 after six years at Phibro-Salomon.

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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

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