How the Glencore CEO Lost $500 Million in One Day

Glencore CEO Ivan Glasenberg lost $500 million Monday after the mining company's shares plummeted 29.42% after Investec's warning that weak commodity prices could lead to the firm's equity value being "eliminated." And unfortunately for the Glencore CEO, the problems are still mounting. Here's what investors need to know now... Tags: GLEN stock , GLEN stock price , glencore , glencore ceo , Glencore crash , Glencore stock , Glencore stock crash , Glencore stock price , Ivan Glasenberg , LON: GLEN To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post How the Glencore CEO Lost $500 Million in One Day appeared first on Money Morning - We Make Investing Profitable .