Description
The fugitive billionaire who invented the modern oil market — then had to run from it. Marc Rich — the most controversial commodities trader of the twentieth century — built Marc Rich & Co. (later Glencore) by pioneering the spot market for crude, turning black gold into a global casino. Then, indicted in 1983 on tax evasion and trading with Iran during the hostage crisis, he fled to Switzerland for nearly two decades.
Daniel Ammann — the only journalist Rich ever trusted with his story — draws on years of conversations: the deals with embargoed regimes, the paranoia, the philanthropy, and the dramatic 2001 pardon by President Clinton on his last day in office. The man behind the legend, in his own guarded words.
Part thriller, part business history: a gripping portrait of money, power, and the shadowy world of commodity trading — the astonishing true story of a man who ran from everything except the deal itself.
The King of Oil: The Secret Lives of Marc Rich
The King of Oil: The Secret Lives of Marc Rich by Swiss investigative journalist Daniel Ammann is the astonishing true story of the fugitive billionaire who invented the modern oil market — and then had to run from it.
Marc Rich was the most controversial commodities trader of the 20th century. His company, Marc Rich & Co. (later Glencore), pioneered the spot market for crude oil, turning black gold into a global casino and making Rich one of the richest men alive. Then, in 1983, he was indicted in the United States on charges including tax evasion and trading with Iran during the hostage crisis — and fled to Switzerland, where he lived as a fugitive for nearly two decades.
Ammann, the only journalist Rich ever trusted with his story, draws on years of conversations and deep reporting to reveal the man behind the legend: the deals with embargoed regimes, the paranoia, the philanthropy, and the dramatic 2001 pardon by President Bill Clinton on his last day in office.
Part thriller, part business history, this is a gripping portrait of money, power, and the shadowy world of commodity trading.
Reviews
There are no reviews yet