BUSINESS

After IPO, Glencore CEO's Stake May Be Worth Nearly $10 Billion

05/04/2011 04:39 pm ET | Updated Jul 04, 2011

Glencore International AG’s initial public offering may value Chief Executive Officer Ivan Glasenberg’s stake at $9.6 billion, more than Google Inc. (GOOG) and Blackstone Group LP (BX)’s founders reaped in their IPOs.

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