| CEO Name | Ruben Alvarado |
| Nationality | Chile |
| Net Worth Estimation | $2 million |
Ruben Alvarado's estimated net worth of around $2 million stems from his executive compensation packages, bonuses, and career earnings across significant roles in major Chilean companies like Metro de Santiago and Codelco. Public data and salary trends for Codelco CEOs, along with his long-standing industry experience, inform assessments by financial analysts and media outlets.
Ruben Alvarado's estimated net worth of $2,000,000 is 80% below the minimum CEO net worth of $10,000,000 in the mining business category. His net worth is also just 4% of the category's maximum estimated CEO net worth of $50,000,000.
Business Category: Mining
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 50000000 USD
Ruben Alvarado Performance in Codelco (Corporación Nacional del Cobre de Chile)
Ruben Alvarado, CEO of Codelco, demonstrates strategic leadership by prioritizing sustainable growth and technological innovation in copper mining. His decision-making emphasizes operational efficiency and environmental responsibility, driving cost reductions and project advancements. Under his tenure, Codelco has improved production performance and strengthened its position as a leading global copper producer.
Latest News
Codelco's recent activities and leadership news highlight its ongoing strategic and operational developments. In 2025, Codelco raised $1.4 billion through note offerings to support corporate purposes, with Chairman Maximo Pacheco actively leading rescue efforts after the El Teniente mine accident and emphasizing worker safety. The company received international recognition for its lithium project acquisition and continues collaborations, such as a knowledge-sharing MoU with India's Hindustan Copper, reflecting its global influence in mining.
http://www.clearygottlieb.com/news-and-insights/news-listing/codelco-in-1-4-billion-offering-oct-2025
Source: