Mercuria’s Top Duo Shared $1 Billion Payday Amid Energy Crisis
- Energy trader’s accounts show it paid record dividend in 2023
- Dunand and Jaeggi now have a majority stake in Mercuria
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The two top executives at trading house Mercuria Energy Group Ltd. shared over $1 billion in dividends in 2023, marking one of the biggest paydays for any individual commodity traders in history.
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.