“Suspenseful chronicle”

July 11, 2010

It’s as if God gives some people gifts and challenges designed to make their life pathways inevitable. Consider Marc Rich, the international commodity trading billionaire largely responsible for the inception of the spot oil market and financial globalization. Read the rest of this entry »


“Carefully Researched Biography”

June 17, 2010

Marc Rich has been described as the world’s biggest commodities trader, the inventor of the spot oil market, a traitor, and the savior of Israel and Jamaica. Read the rest of this entry »


石油之王:马克·里奇的秘密人生

May 17, 2010

谁能想到一个身无分文的欧洲大屠杀事件的幸存者,能够通过自己坚忍不拔的努力最终跻身为美国最富有的富豪之一?又有谁能够想到一个穷困潦倒的犹太难民的后 裔,能够凭借石油贸易一举成为世界上最有权势的大宗商品经销商,成为当之无愧的“石油之王”?马克·里奇是20世纪最有权势、也最具争议的贸易商人之一。 他的生活也总是异常受人关注,他与生活了20多年的妻子离婚,他的离婚代价不菲;他神通广大,与许多政治敏感国家关系友好,并与它们进行石油贸易;他在美 国臭名昭著,是美国“历史上最大的逃税案”的主犯,被认为是“叛国者”,遭到国际通缉。但无疑,马克·里奇是幸运的,2001年1月,当比尔·克林顿总统 在位的最后一天他终于得到赦免。这一切就构成了世人眼中的马克·里奇。他永远都不褪色的一生充满了神秘的传奇色彩。




Forbes – The World’s Billionaires

March 11, 2010

#937 Marc Rich

Net Worth: $1.0 bil
Fortune: Self Made
Source: commodities
Age: 75
Country Of Citizenship: United States
Residence: Meggen
Education: New York U, Drop Out
Marital Status: Divorced, 2 children

NYU dropout started career in mail room of Philipp Brothers in 1954. With long-term partner Pincus Green, built Phibro into world’s largest trader of oil, grain, metals. Left mid-1970s, founded Marc Rich & Co. Fled to Europe 1983 after being indicted for trading with Iran during hostage crisis, evading $50 million in taxes. Duo pardoned by Clinton 2001. Born in Antwerp, Belgium 1934, spent childhood in Philadelphia, Kansas City, New York. Now resides in Switzerland; has given more than $100 million to Jewish causes and leukemia research. Lost millions to Madoff. Net worth estimate likely low.

Recent book by Swiss journalist Daniel Ammann says Rich revealed in interviews his extensive dealings with Iran, Cuba, South Africa; said he provided intelligence to U.S. diplomats about regimes while on the run.

source: http://www.forbes.com/lists/2010/10/billionaires-2010_Marc-Rich_THOQ.html


“Glencore is Marc Rich’s legacy”

March 2, 2010

It’s a well-known fact that oil made Marc Rich the world’s richest and most powerful commodities trader. Oil also made Rich – born Marcell David Reich – infamous around the world for his illegal deals with Iran during the hostage crisis almost 30 years ago. But what few people know is that metals – rather than oil – are responsible for kicking off and ultimately ending his career, Daniel Ammann, author of Rich biography “The King of Oil” reveals. Read the rest of this entry »


Der mächtigste Manager der Schweiz

March 2, 2010

Willy Strothotte ist heute in der Schweiz weitgehend unbekannt. Das ist kein Zufall. Wer aber ist der Nachfolger des legendären Rohstoffhändlers Marc Rich, dessen Konzern Glencore mit der gewollten Intransparenz allmählich ein Problem bekommt?

Read the rest of this entry »


Book Talk: On Glencore founder Marc Rich

February 18, 2010

Digging deep into the world of commodities trading was no easy task for Swiss-based author Daniel Ammann and his latest biography. “The King of Oil” is an exclusive, no-holds barred biography of billionaire commodities trader, former fugitive and founder of the trading giant that became Glencore, Marc Rich. Read the rest of this entry »


“Marc Rich speaks..but what did he say?”

February 14, 2010

The Barrel

Marc Rich has finally spoken. He’s spoken a lot, apparently, to Daniel Ammann, and even took a picture with him. That in itself is newsworthy, because The King of Oil, as the title of the book written by Ammann describes Rich, has talked very little over the years. Read the rest of this entry »


“His good name was everything to him”

February 5, 2010

Marc Rich: Billionaire businessman and philanthropist, or crook? Most loyal of men, or traitor? This book won’t tell you, but it will leave you well informed about the most enigmatic of men. Read the rest of this entry »


“USA zwingen Zuger Firma zum Abbruch des Benzinhandels mit Iran”

January 17, 2010

Die USA bereiten schärfere Sanktionen gegen Iran vor. Nun zieht sich der Rohstoffhändler Glencore aus dem Iran-Geschäft zurück. Die Firma Vitol in Genf will vorerst weiter geschäften. Read the rest of this entry »


「キング・オブ・オイル」の「シークレット・ライフ」を公開

January 13, 2010

商品取引のトレーダー、マーク・リッチ氏は、自分が「悪魔」と呼ばれてきたことを認めている。しかしスイス人ジャーナリスト、ダニエル・アマン氏の新刊本は、この億万長者を聖人とも罪人とも描いてはいない。

アマン氏は『ザ・キング・オブ・オイル ( The King of Oil ) 』の執筆にあたり、リッチ氏に長時間の取材を行った。イスラエルとイランが通商関係を結ぶことなど考えられなかった時代に、両国による石油パイプラインの 合弁事業を成功させたのは、リッチ氏の偉業の一つだとアマン氏は語る。

ルツェルン湖のほとりに住む74歳のリッチ氏はこれまでずっと疑惑の人物だった。そして確かに彼は、 いつも公明正大な立場にあったわけではない。イランとの不法取引や脱税容疑でアメリカ政府から告訴されていたリッチ氏は、逮捕を恐れアメリカへ1度も戻っ ていない。互いに商関係を持つことを拒む相手同氏を結びつけたリッチ氏は、多く人々の驚きといら立ちの中、ビル・クリントン大統領から任期最後の日に恩赦 を獲得した。 Read the rest of this entry »


“Monsieur Ndolo”

January 9, 2010

Published in the United States last month, the biography of the legendary trader Marc Rich (Daniel Ammann, The King of Oil, published by St. Martin’s Press) could be read as a Who’s Who in African oil. Names such as Jacques Hachuel and Alexander Hackel crop up as well as that of a mysterious “Monsieur Ndolo.” This was the pseudonym of a French trader who headed the Compagnie Burundaise de Commerce (Cobuco) that was owned in equal halves by the Burundi government and Marc Rich + Co. In the 1980s, Cobuco bought Iranian crude. Officially to meet Burundi’s needs, the oil was in fact sold on to international markets. As for Marc Rich +Co, it made billions by supplying oil to South Africa during the apartheid era in defiance of sanctions. Rich also set up the trading department of Sonangol in Angola.

Copyright 2009 Indigo Publications


“Glencore, le joker pétrolier d’Israël”

January 9, 2010

Pour priver l’Iran d’essence et l’obliger à négocier sur le dossier nucléaire, les pays occidentaux multiplient les pressions sur les négociants qui l’alimentent en produits pétroliers. Si les Etats-Unis menacent de faire voter une loi, Israël préfère faire jouer ses relations privilégiées avec la principale entreprise de négoce au monde, le suisse Glencore, dont le chiffre d’affaires s’élevait à 165 milliards de francs suisses en 2008. Basé à Zoug, le groupe, qui s’est longtemps appelé Marc Rich + Co. AG, travaille en bonne intelligence avec Tel-Aviv depuis près de quarante ans. Read the rest of this entry »


“Besmeurde leven van oliehandelaar Marc Rich”

January 6, 2010

(Belgium)
In de biografie The King of Oil schetst de Zwitserse journalist Daniel Ammann een opvallend mild portret van de omstreden Amerikaanse oliehandelaar Marc Rich (75). In de jaren tachtig kreeg Rich, die in Antwerpen werd geboren, de publieke opinie over zich heen toen aanklager Rudolph Giuliani hem beschuldigde van grootschalige belastingontduiking én van illegale oliehandel met Iran. Toen president Bill Clinton hem in 2001 gratie verleende, luidde de kritiek dat Rich zelfs de gunsten van de machtigste man ter wereld kon kopen. Ammann somt in zijn boek de talrijke steken op die Giuliani liet vallen bij zijn (tevergeefse) pogingen om Rich voor de rechter te slepen. Ook gunt hij de lezer een soms ontstellende blik achter de schermen van de internationale grondstoffenhandel. Read the rest of this entry »


“An Invaluable Tip from the King of Oil”

January 5, 2010

He’s been called the “King of Oil.” He made hundreds of millions of dollars by foreseeing the surges in oil prices of the 1970s. When the oil market was dominated by a handful of large oil companies (the Seven Sisters), he took them on…and won.

He’s an entrepreneur, a billionaire, and at one point in time was one of the most controversial fugitives of the 20th century. Think what you will about Marc Rich, but no one can deny he has made a fortune by being right at the right time when it comes to geopolitics and commodity prices.

Now he’s making his view of the future available for everyone. And just like his trading ideas in the 60s and 70s, his expectations may go unnoticed by the majority, but they have a good chance at making a lot of money for those willing to listen now. Read the rest of this entry »


“Glencore as Israel’s Wild Card”

January 2, 2010

To deprive Iran of gasoline and force the country to come to the negotiating table regarding its nuclear program, Western nations are turning up the heat on traders who supply Tehran with oil products. While the United States is threatening to adopt a new sanctions bill, Israel is clearly preferring to use its special relations with the world’s leading trading concern, Switzerland’s Glencore, which had annual sales of SFR 165 billion in 2008, to pressure the Iranians. The group, which was long named Marc Rich + Co, has enjoyed excellent relations with Tel Aviv for nearly 40 years. Read the rest of this entry »


Marc Rich – The King of Oil

January 1, 2010

Ludwig von Mises Institute

To hear author Daniel Ammann tell the story, Marc Rich was run out of the United States. If his thesis is correct, President Clinton’s pardon of Rich (and Pinkus Green for that matter) should have been just the beginning of an apology the size of which could be immeasurable. At the heart of Ammann’s book, The King of Oil, is the life of Marc Rich who created what is known as the spot market for crude oil. Read the rest of this entry »


“How I met the Biggest Devil”

December 11, 2009

Marc Rich, the world’s most powerful oil trader who had systematically avoided reporters and had given his last interview over twenty years ago, finally opened up about his businesses and his private life.  Read the rest of this entry »


“A warts-and-all story of the life of Marc Rich”

November 23, 2009

More than 25 years since his flight from US prosecution, Marc Rich has chosen to finally tell all in this extraordinary book by Swiss journalist Daniel Ammann. Through interviews with Rich himself and many that knew or worked with him during his career, Ammann presents a warts-and-all story of the life of Rich. Read the rest of this entry »


“They needed traders like Marc Rich.”

November 19, 2009

Daniel Ammann is the author of The King of Oil: the Secret Lives of Marc Rich and business
editor of Swiss weekly Die Weltwoche. Kieran Leahy spoke to him about the subject of his book. Read the rest of this entry »


Marc Rich Spills His Secrets

November 18, 2009
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The fugitive financier’s biographer talks to Allan Dodds Frank about Rich’s global commodities empire, his connection to U.S. intelligence, and how he bribed world leaders.

Everyone has a favorite fugitive. Hollywood loves Roman Polanski; the Taliban worship Osama bin Laden. For me and dozens of other reporters who have intermittently chased Marc Rich over the last three decades, the commodities trader has been the man most tantalizingly on the lam.

Now comes the journalistic coup by Daniel Ammann, an intrepid Swiss business journalist who, after years of trying to interview Rich, sits down, writes him a long letter full of loaded questions, and astonishingly convinces Rich to be interviewed at length—on the record—for The King of Oil: The Secret Lives of Marc Rich. Much of Rich’s story has long been suspected, but hard to prove. Read the rest of this entry »


“Le roi du pétrole sent le soufre”

November 18, 2009

LeMondeLogo

Marc Rich a longtemps régné sur le négoce des matières premières, entre intrigues et géopolitique. Son livre de confidences ressemble à un thriller. The King of Oil Read the rest of this entry »


“King of oil” discloses his “secret lives”

November 16, 2009

swissinfo_08-eng

Commodity trader Marc Rich admits he’s been painted as a “devil”, but a new book by a Swiss journalist describes the billionaire as neither saint nor sinner.

Daniel Ammann, who interviewed Rich extensively for his book, The King of Oil, told swissinfo.ch how an oil pipeline through Israel – a joint venture between Iran and Israel – was one of Rich’s greatest successes at a time when the two countries were seemingly impossible trading partners. Read the rest of this entry »