In Zambia, unemployment hovers at about 80%, and 60% of the population lives on less than a dollar a day. Seven thousand kilometres north, you’ll find a wealthy Swiss hamlet called Rüschlikon, where a powerful South African-born commodity trader lives, close to the mega-multinational he runs.
Meet Ivan Glasenberg, the South African lad who made good. Real good. The CEO and biggest shareholder of Glencore, Glasenberg became an instant billionaire when the commodities company listed on the Hong Kong Stock Exchange and the London Stock Exchange during the first half of 2011. The flotation was one of the world’s biggest and earned Glasenberg $8.8 billion, helping the man at its helm become one of the top ten richest men in Switzerland.