American businessman Tor Peterson has an estimated net worth of $1.07 billion as of April 2016 according to Forbes. Currently single, Peterson is best associated with Glencore International where he obtained most of his net worth.

After working as commodities marketer at the New York-based Phibro-Salomon for six years, Tor Peterson officially joined Glencore International in 1992 and by May 2011, he was included in the list of the world's billionaires. A decade after joining the firm, he succeeded Ivan Glasenberg as director of the coal and coke department. Today, Ivan Glasenberg serves as the company's chief executive officer. Tor Peterson is tasked to oversee the  industrial assets of the department of the firm as well as the global marketing business. Since May 2011, he has been serving as the Non-executive Director of Xstrata plc.