Richard Elman Net Worth $18 Billion
He could be the 29th wealthiest person in the Top 50 Richest People in Hong Kong and the 28th richest man in Great Britain. He’s also ranked 831st in the list of World Billionaires.
Mr. Elman has built his estimated net worth of $1.8 billion while working at Noble Group. Since November 2011, he has been the acting Chief Executive Officer of the firm. His present salary has been down because of the falling value of his shared in the Hong Kong-based firm.
In order to cope with the drop in his positions, Elman has enforced a new growth strategy by venturing to the natural gas marketplace in the USA. Using the decrease in the U.S. energy prices, given the shale gas boom, he has started for Noble to sell natural gas from America to Asia and Europe.
Richard Elman may have already been ruled out of his retirement but he’s still actively involved with the firm. Noble may have named Goldman Sachs banker Yusuf Alireza as its CEO last year but Elman still has his voice in the group.
He’s served as its Regional Manager for Asia operations together with a couple of years as its board of manager. With his more than 40 years of expertise in the physical commodities trading industry, he was named as the Non-Executive Chairman of Noble since November 2010. He was likewise the Chairman Emeritus from September 1, 2010 to November 2010.