Glencore's $2bn Singapore fight hits Glasenberg's 10% stake

Billionaires Africa | 17.09.2026 04:42
Glencore, the Swiss commodities group in which South African-born billionaire Ivan Glasenberg holds roughly a 10 per cent stake, has accused former trading partner Radiant World of sending falsified invoices to lenders, as the iron ore trader filed a S$2.5 billion ($2 billion) claim against it in Singapore.