Marc Rich

Marc Rich was a legendary commodities trader and founder of Glencore. He was indicted on federal charges and known for his controversial business dealings.

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Profession :

Business Figure

Birthday :

December 18, 1934

Star Sign :

Sagittarius

Death Date:

June 26, 2013

Age :

78

Birthplace :

Antwerp, Belgium

Marc Rich was a renowned commodities trader who co-founded Glencore, a leading trading firm, and became one of the wealthiest individuals of his era. He played a significant role in revolutionizing the oil industry by pioneering spot oil trading. Rich also established the Marc Rich Foundation, which supported various philanthropic endeavors. Despite his controversial reputation, he had a strong passion for the arts and was an avid art collector, contributing to cultural institutions such as the Israel Museum and the Metropolitan Museum of Art. Notably, Rich faced indictment in the United States on federal charges, including tax evasion, wire fraud, racketeering, and engaging in illegal oil deals with Iran during the Iran hostage crisis.