Mercuria's Top Duo Shared $1 Billion Payday Amid Energy Crisis [Yahoo! Finance Canada]
GLENCORE PLC UNSP/ADR (GLNCY)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The vast haul for Chief Executive Officer Marco Dunand and President Daniel Jaeggi cements the pair's status as some of the biggest beneficiaries of the energy crisis of 2021-2023 that delivered a bonanza to the world's commodity traders — most of which, like Mercuria, are privately owned. The dividend was included in the company's audited financial accounts for the period, which haven't been previously reported. While larger rivals like Vitol Group and Trafigura Group notched up bigger profits on a corporate level, Dunand and Jaeggi's majority stake in Mercuria has made them some of the highest paid individual traders. The two former Goldman Sachs Group Inc. bankers have gradually lifted their shareholding in
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