Telis Mistakidis Αριστοτέλης Μυστακίδης | |
---|---|
Born | Rome, Italy | 24 April 1962
Nationality | Greek British |
Occupation | Businessman |
Known for | Glencore shareholder |
Spouse | Married |
Children | 1 |
Aristotelis Mistakidis (born 1962) is a Swiss-based Greek metals trader who became a billionaire working for Glencore. He has joint Greek/British citizenship. [1]
Aristotelis Mistakidis was born in Rome, Italy, where his marine biologist father worked for the United Nations. [2] He was educated at the London School of Economics. [1]
Mistakidis worked for six years trading in non-ferrous metals for Cargill. In 1993, he joined Marc Rich & Co in 1993, shortly before there was a management buyout and it was renamed Glencore. He worked in the zinc, copper and lead department, rising to become a co-director in 2000. He became a billionaire with the May 2011 Glencore IPO. [1] He owned 3% stake of Glencore. [1]
Mistakidis is a director of Mopani Copper Mines Limited, Portovesme SRL, and Recylex SA, and a non-executive director of Katanga Mining and Xstrata plc. [3]
In December 2018, Mistakidis retired as Glencore's head of copper marketing. [4]
During 2021, Mistakidis along with US billionaire John Paulson invested in Greece's second largest bank Piraeus Bank. He holds a 5.14% stake in the bank, Mistakidis highlighted his confidence in the Greek national economy in the investment worth 31 million euros. [1] [5]
The Sunday Times Rich List 2022. [6] reports Mistakidis net worth being £2.153 billion.
Mistakidis is married, with one child, and lives in Zug, Switzerland. [1]
In 2015, Mistakidis purchased a duplex flat for over £46 million in Chesham Place, Belgravia, London, designed by Christian and Nick Candy, then one of the most expensive properties ever sold in the UK. [7]
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