Daniel Maté Net Worth

Daniel Maté has an estimated net worth of $4 billion, according to Forbes Real-Time Billionaires, Daniel Maté profile (figures as of October 20, 2026). That is up from $2.1 billion in 2019.

Daniel Maté is a Spanish business executive known for his long career at Glencore and for his work in metals and mining. He joined Marc Rich & Co. in 1988 in Switzerland. That was several years before management bought the firm and renamed it Glencore. Over time, he became one of the key people in its zinc, copper, and lead business. He later retired in July 2020 and also serves as an independent director at Volcan, a mining company in Peru.

His wealth is tied to commodities and to his stake in Glencore. He owns about 3% of the company, and his career focused on zinc and lead marketing. In 2000, he moved up to co-direct the zinc, copper, and lead commodity department. That leadership role put him near the center of a major trading and mining business. Forbes put his net worth at $4 billion on its real-time billionaires tracker as of October 20, 2026.

How Daniel Maté built his fortune

Maté made his money in mining and commodities. His best-known role was at Glencore, where he became the former head of zinc and worked closely with the company's zinc, copper, and lead operations. He first joined Marc Rich & Co. in 1988 in Switzerland, before the business later became Glencore. His long run inside that company helped shape his wealth, along with his ownership of about 3% of Glencore.

His career path was focused and specialized. In 2000, he rose to co-direct the zinc, copper, and lead commodity department, a major step in a trading house built around raw materials. He later retired in July 2020 after decades with the firm. Beyond Glencore, he is also an independent director at Volcan, a Peruvian mining company. Those roles connect directly to the metals and mining sector that underpins his fortune.

What Forbes says about his net worth

Forbes has tracked Maté's fortune through several market cycles. On the World's Billionaires List, it estimated his wealth at $2.1 billion in 2019, then $1.2 billion in 2020, before rising to $2.3 billion in 2021 and $3.6 billion in 2022. After that, Forbes estimated $3.1 billion in 2023 and $3.2 billion in 2024. Those changes fit the ups and downs that can come with commodities and mining.

The Forbes estimate then moved from $2.8 billion in 2025 to $3.9 billion in 2026 on the annual list. Forbes also showed $4 billion on its real-time billionaires tracker in Oct 2026. That pattern points back to the same foundation of wealth: mining, commodities, and his Glencore stake. Because his background and holdings are tied to metals, shifts in that sector can have a large effect on how Forbes values his fortune.