LeaderPortfolio
Mate
Daniel Mate
Rank #1019
SPAINMetals & MiningMining, commodities

Daniel Mate

Net Worth
$4.117B
+0.48% (24h)
Daniel Francisco Maté Badenes, born in the early 1960s, is a Spanish billionaire known for his significant stake in Glencore, a global commodity trading and mining powerhouse. Holding a 3% stake in the company, he is a key player in the metals and mining industry. His estimated net worth is $3.9 billion. Maté, a University of Deusto alumnus with degrees in economics and law, is responsible for zinc and lead marketing within Glencore. He is married with two children and resides in Kanton Schwyz, Switzerland.

How to read Daniel Mate's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Daniel Mate, we anchor the narrative to Mining and Mining, commodities, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $4.117B alongside global rank #1019, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (SPAIN) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Daniel Francisco Maté Badenes was born in Spain in the early 1960s. Little information is publicly available about his early life.

Rise to Success

Daniel Maté's career is closely tied to Glencore. He joined Marc Rich & Co. in 1988 in Switzerland, which was later bought out by management and renamed Glencore. In 1991, he moved to the zinc, copper, and lead commodity department, becoming its co-director by 2000. He retired in July 2020. His expertise in the commodities market has been instrumental in Glencore's success.

Key Business Strategies

Maté's primary business strategy has been his deep involvement in the commodities market, specifically in zinc and lead marketing. His ownership of a significant stake in Glencore has been a key factor in his wealth. His contributions to Glencore's growth and profitability in the mining and metals sector are notable.

Philanthropy

Daniel Maté is known for his philanthropic efforts and support for various charitable causes, although specific amounts and initiatives aren't readily available.

Career Timeline

2020

Retired from Glencore

Retired from Glencore in July.

2000

Co-Director

Became the co-director of the zinc, copper, and lead commodity department.

1991

Zinc, Copper, and Lead Commodity Department

Moved to the zinc, copper, and lead commodity department.

1988

Joined Marc Rich & Co.

Began his career at Marc Rich & Co. in Switzerland, which later became Glencore.

Philanthropic Impact

CharityUndisclosed

Philanthropic Efforts

Supports various charitable causes.

Key Business Ventures & Holdings

CompanyStakeValue
Glencore3.00%$2.376M

Net Worth History

In-Depth Analysis

Early Life

Daniel Francisco Maté Badenes was born in Spain in the early 1960s. Little information is publicly available about his early life.

Rise to Success

Daniel Maté's career is closely tied to Glencore. He joined Marc Rich & Co. in 1988 in Switzerland, which was later bought out by management and renamed Glencore. In 1991, he moved to the zinc, copper, and lead commodity department, becoming its co-director by 2000. He retired in July 2020. His expertise in the commodities market has been instrumental in Glencore's success.

Key Business Strategies

Maté's primary business strategy has been his deep involvement in the commodities market, specifically in zinc and lead marketing. His ownership of a significant stake in Glencore has been a key factor in his wealth. His contributions to Glencore's growth and profitability in the mining and metals sector are notable.

Philanthropy

Daniel Maté is known for his philanthropic efforts and support for various charitable causes, although specific amounts and initiatives aren't readily available.

Data Sources & Methodology

Figures for Daniel Mate are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.