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Switerland's most profitable company
Glencore
Located in Baar, Switzerland, Glencore plc is a multinational commodity trading and mining firm. Saint Helier, Jersey serves as the registered office of Glencore, whereas its head office for oil and gas is located in London. On May 2, 2013, Glencore and Xstrata merged to form the current business. In the Fortune Global 500 list of the biggest businesses in the world as of 2015, it came in at number 10. Glencore International was listed as the 484th-largest public business worldwide in the 2020 Forbes Global 2000. It had the title of largest commodity dealer in the world as of July 2022. The business was placed 59th in the Forbes Global 2000 in 2023.
Revenue:-
Glencore's 2023 revenue was $217.829 billion, a 14.91% decrease from 2022. In 2022, Glencore recorded an annual revenue of $255.984 billion, a 25.64% increase over 2021. Glencore's 2021 revenue of $203.751 billion was a 43.15% growth over 2020.
About the majority shareholder in glencore :-
Ivan glasenberg owns the majority shares of glencore approximately 1,21,19,57,850 in equities and in terms of percentage he owns approximately 9.934%
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