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Marc Rich (Marcell David Reich)

Date of Birth: 18 December 1934
Place of Birth: Antwerp, Belgium
Died: 26 June 2013


Displaying 1-10 out of 21 results.

Glencore signals new virtue

New menGlasenberg who rose through the ranks under 'King of Oil' Marc Rich and became CEO in 2002 quit the helm last month...

In a fix over fixers Scandals in Congo-Kinshasa and Nigeria showcase Swiss commodity trader Glencore's history of deal-making with highly questionable intermediaries – a practice that goes back to the days its predecessor company under 'king of oil' Marc Rich and which is shared by other big traders such as Vitol and Trafigura...


The China price

Many expect this to be followed by the retirement of managing director Ivan Glasenberg an apprentice of commodity trading king Marc Rich who died in 2013...

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Miner wobbles

Glencore has been run for the past 15 years by South African Ivan Glasenberg who is remembered by African National Congress (ANC) leaders as a protégé of company-founder Marc Rich the pioneering commodity trader who broke sanctions to sell to the apartheid regime...


The Glencore-Xstrata merger

Glencore founded by the legendary Marc Rich who employed his protégé Glasenberg in the company’s coal division in Johannesburg in the 1980s is known as the world’s biggest trader of commodities such as oil zinc and grain (AC Vol 50 No 12 How to win in a recession & Inside the four big oil traders)...


Out of Africa and into Asia

Glencore was founded by the serial buster of United Nations’ sanctions Marc Rich who was convicted of tax evasion in the United States in 1983 and then pardoned by outgoing President Bill Clinton...


Inside the four big oil traders

The firm began in 1994 when the United States’ commodities trader Marc Rich (who secured a pardon for tax offences from President Bill Clinton AC passim) sold his interest in his own firm to its senior traders...


A mutual security pact

Triton is associated with Glencore Energy UK an affiliate of the Swiss-based international commodities firm whose founder Marc Rich was gaoled for tax evasion and illegal dealings with Iran and controversially pardoned by outgoing United States President Bill Clinton in 2001...


Front-runners and hopefuls

Big foreign companies agree according to an internal document from Kabila's Parti du Peuple pour la Reconstruction et le Développement (PPRD) dated 29 September 2005 which lists those willing to contribute to the PPRD campaign including the East China Corporation Marc Rich SA Somika and the Forrest Group...


Looking into the abyss

The PPRD's Katanga wing has been supported by several mining firms; a party document mentions the Forrest Group of Belgium Marc Rich RSA the East China company and the Société Minière du Katanga (Somika)...


A shining example

One of SNPC's regular oil traders is Swiss-based Glencore International owned by American Marc Rich who was pardoned by then US President Bill Clinton in 2001 for tax evasion tax fraud and running illegal oil deals with Iran during the hostage crisis...


Displaying 1-10 out of 21 results.