LeaderPortfolio
Mistakidis
Aristotelis Mistakidis
Rank #969
GREECEMetals & MiningMining, commodities

Aristotelis Mistakidis

Net Worth
$4.41B
-0.53% (24h)
Aristotelis Mistakidis, born in Rome, Italy, in 1962, is a Greek-British billionaire renowned for his expertise in the mining and commodities sector. His source of wealth stems from his extensive career in commodities trading, particularly within Glencore's copper division, where he rose to prominence. Mistakidis's career began at Cargill before joining Marc Rich & Co., which later became Glencore. He holds a degree from the London School of Economics. As of March 2026, his estimated net worth is $4.2 billion.

The Full Dossier

Early Life

Aristotelis "Telis" Mistakidis was born in Rome, Italy, on April 24, 1962. His father was a marine biologist who worked for the United Nations, which led to his early childhood in Rome. The family later moved to England, where he attended boarding school and subsequently earned a degree from the London School of Economics.

Rise to Success

Mistakidis began his career at Cargill in the mid-1980s, trading in non-ferrous metals like copper, zinc, and lead. In 1993, he joined Marc Rich & Co., which later became Glencore. He rose through the ranks at Glencore, becoming co-director of the zinc, copper, and lead department in 2000. He played a key role in Glencore's growth and became a billionaire with the company's IPO in 2011.

Key Business Strategies

Mistakidis's success was built on his skill in commodities trading, particularly in copper. He was known for his ability to buy and sell large volumes of the metal. He held significant positions within Glencore, overseeing trading and mining operations.

Philanthropy

Information on Mistakidis's specific philanthropic activities and amounts is limited based on search results.

Career Timeline

2024

Acquired majority stake in Aegean Baltic Bank (ABBank)

Initiated the acquisition of a majority stake in Aegean Baltic Bank, a Greek lender.

2018

Retired from Glencore

Stepped down from his role as director of Glencore's copper business.

2011

Glencore IPO

Became a billionaire following Glencore's initial public offering.

2000

Co-Director of Zinc, Copper, and Lead

Rose to become co-director of the zinc, copper, and lead department within Glencore.

1993

Joined Marc Rich & Co. (later Glencore)

Began his career at Marc Rich & Co., later renamed Glencore, focusing on commodities trading.

Philanthropic Impact

Finance$0.05B

Piraeus Bank Investment

Made a significant investment in Greece's second-largest bank, Piraeus Bank, alongside John Paulson in 2021

Wealth Trajectory