Alex Beard Net Worth $2.1 Billion
He could be the 23rd wealthiest individual in the UK and is rated 704th in the list of World Billionaires. Produced Alexander Frank Beard, he holds an MA (Hons) degree in biochemistry from Oxford. Currently, he works as the International Head of Petroleum at Glencore XStrata, an Anglo-Swiss multinational commodity trading and mining firm situated in Baar, Switzerland. This lead to his current estimated net worth of $2.1 billion. Glencore made its Initial Public Offering (IPO) in May 2011 in dual listing, London and Hong Kong. During the posty-IPO, Beard stands to possess a 4.6% stake which made him worth around $2.8 billion. This made him one of the members of the billionaires club. Alex Beard began in 1995 after working for five years at BP’s Crude Oil Deparment. He was made the manager of the petroleum commodity section in February 2007. He manages the business ‘s crude oil and petroleum products advertising, transportation, exploration and production, as well as other petroleum-related investments. Despite an almost 20% loss in the worth of its own shares since their public introduction, there is still a bright future for Glencore. In the year 2012, it has announced its strategy to unite with XStrata, a mining outfit. It is now waiting for its regulatory approval in China.