Aristotelis Mistakidis (born 1962) is a Swiss-based Greek metals trader who became a billionaire working for Glencore. He has joint Greek/British citizenship.[1]
Early life
Aristotelis Mistakidis was born in Rome, Italy, where his marine biologist father worked for the United Nations.[2] He was educated at the London School of Economics.[1]
Career
Mistakidis worked for six years trading in non-ferrous metals for Cargill. In 1993, he joined Marc Rich & Co in 1993, shortly before there was a management buyout and it was renamed Glencore. He worked in the zinc, copper and lead department, rising to become a co-director in 2000. He became a billionaire with the May 2011 Glencore IPO.[1] He owned 3% stake of Glencore.[1]
Mistakidis is a director of Mopani Copper Mines Limited, Portovesme SRL, and Recylex SA, and a non-executive director of Katanga Mining and Xstrata plc.[3]
In December 2018, Mistakidis retired as Glencore's head of copper marketing.[4]
During 2021, Mistakidis along with US billionaire John Paulson invested in Greece's second largest bank Piraeus Bank. He holds a 5.14% stake in the bank, Mistakidis highlighted his confidence in the Greek national economy in the investment worth 31 million euros.[1][5]
The Sunday Times Rich List 2022.[6] reports Mistakidis net worth being £2.153 billion.
Personal life
Mistakidis is married, with one child, and lives in Zug, Switzerland.[1]
In 2015, Mistakidis purchased a duplex flat for over £46 million in Chesham Place, Belgravia, London, designed by Christian and Nick Candy, then one of the most expensive properties ever sold in the UK.[7]
References
- ^ a b c d e f "Forbes profile: Aristotelis Mistakidis". Forbes. Retrieved 13 August 2020.
- ^ Mandravelis, Vangelis (10 June 2011). "The third Greek on Forbes list". Ekathimerini. Retrieved 7 November 2014.
- ^ "Aristotelis Mistakidis". Businessweek. Archived from the original on 7 November 2014. Retrieved 7 November 2014.
- ^ "Glencore's Executive Departures Hasten as Oil Chief Leaves". 4 June 2019. Retrieved 6 June 2019.
- ^ Chaldoúpis, Nóntas (16 June 2020). "The "king of copper" has come to stay at Piraeus Bank". Businessdaily.
- ^ "The Sunday Times Rich List 2022". The Times. Retrieved 14 June 2022.
- ^ Hearn, Adrian; Lynch, Russell (7 January 2015). "EXCLUSIVE: Tycoon pays £46m for London flat (plus £3m more in stamp duty)". Evening Standard. Retrieved 24 August 2022.
This page was last edited on 3 April 2023, at 07:00