Marc Rich

Marc Rich
Born
Marcell David Reich

(1934-12-18)December 18, 1934
Antwerp, Belgium
DiedJune 26, 2013(2013-06-26) (aged 78)
Lucerne, Switzerland
CitizenshipBelgium, Bolivia, United States, Israel, Spain
OccupationFounder of Glencore
Known forBanking, trading activities
Spouses
  • (m. 1966; div. 1996)
  • Gisela Rossi
    (m. 1996; div. 2005)

Marc Rich (born Marcell David Reich; December 18, 1934 – June 26, 2013) was an international commodities trader, financier, and businessman. He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making oil deals with Iran during the Iran hostage crisis. He fled to Switzerland at the time of the indictment and never returned to the United States.[1] He received a widely criticized presidential pardon from President Bill Clinton, on his last day in office; Rich's ex-wife Denise had made large donations to the Democratic Party.

  1. ^ Ammann, Daniel (2009). The King of Oil: The Secret Lives of Marc Rich. New York: St. Martin's Press. ISBN 978-0-312-57074-3.