Portrait of Tor Peterson

Rank #1425

Tor Peterson

Net worth $3.0B

Commodities · United States

Born
Aug 07, 1964
Age
61
Source
Commodities
Residence
Zug
Citizenship
United States
Marital status
Single
Children
0
Education
Bachelor of Arts/Science, Duke University

Net worth over time

Biography

  • Tor Peterson is the only American among the five-person cadre of billionaires to earn their fortunes at Swiss commodities-trading powerhouse Glencore. 
  • After six years of trading commodities at Phibro-Salomon in New York, he joined Glencore in 1992 and leads marketing operations for its coal division.
  • He owns a minority stake in Glencore, which trades on the London Stock Exchange.
  • In 2021, Peterson stepped down from his role at Glencore as the commodities firm shook up its leadership ranks. 
  • He attended boarding school in Switzerland, college at Duke in the U.S. and lives in Zug.
  • His brother, Gunnar, is a personal trainer in Los Angeles whose client list has reportedly included Sophia Vergara, Angelina Jolie and Kim Kardashian.

Financial assets

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