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 More »
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 More »
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 More »
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 OilRead More »
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 More »