Richard Elman Net Worth

What is Richard Elman's Net Worth?

Richard Elman is a British businessman who has a net worth of $1.9 billion. Richard Elman rose to riches as the founder and former CEO of Noble Group Ltd., a multinational conglomerate that manages a range of agricultural and energy facilities, as well as metals, minerals and ores. However, Elman noticed a fall in his earnings due to the falling value of his shared in the Hong Kong-based Noble Group. In an attempt to stop the recent decline, he has come up with a new growth strategy by venturing into the natural gas market in the United States.

But with the drop in the U.S. energy prices, he has recently completed oil-seed crushing plants in Ukraine, South Africa and Brazil. Thus, he enabled Noble to sell natural gas from America to Asia and Europe. Even though Yusuf Alireza took the CEO position at Noble last year, Elman still has his voice heard in the group.