With all Mr Glenn's accolades - including being an Officer of the New Zealand Order of Merit - he said he was beginning to need a larger business card.
Mr Fletcher, a former CEO of Fletcher Challenge, was recognised for his strong support for the university since graduating with a BSc and an MCom with honours.
He served 12 years on the University Council and was chancellor from 2004 to 2008 - when it was estimated he capped more than 30,000 students.
The careers of the two men honoured yesterday were linked right from the beginning when Mr Fletcher's grandfather spoke at Mr Glenn's graduation from Mt Roskill Grammar.
"It was a stirring speech, along the lines of: believe in yourself, have a strong work ethic and follow your dreams," Mr Glenn said.
After leaving high school at just 15, Mr Glenn worked as a bank teller, in a woolstore, a timberyard and at a wall-board manufacturing company before leaving for Australia.
He has gone on to become one of New Zealand's foremost business success stories and has just sold the company he founded with $2000 in 1978 for "a little over" $500 million.