Telis Mistakidis Αριστοτέλης Μυστακίδης | |
Birth Date: | 24 April 1962 |
Birth Place: | Rome, Italy |
Known For: | Glencore shareholder |
Occupation: | Businessman |
Nationality: | Greek British |
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 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 reports Mistakidis net worth being £2.153 billion.[6]
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]