Cookies on OyList

We use essential cookies to keep OyList working. With your permission, Google Analytics cookies help us count visits and understand which pages are useful.

How we use cookies

Marc Rich

Person
Marc Rich
Image source · Wikipedia
Born
Oil and metals trading, Switzerland. Rich, a metals trader, helped create the spot market for crude oil in the 1970s, buying from producers outside the big oil companies' contracts, and founded Marc Rich and Co. in Zug in 1974. He traded with regimes others shunned, including apartheid South Africa and Iran during the hostage crisis, and was indicted in the United States for tax evasion and sanctions breaking before a controversial presidential pardon in 2001. His firm later became Glencore.
More about Marc Rich

Share

Embed
Share this item with friends or copy the link:

Comments