Excellent documentation on arte.tv. English subtitles.
Tag: The King of Oil
Rusal auf den Spuren von Marc Rich
Die amerikanischen Sanktionen lasten auf Rusal. Das erinnert an Iran. Damals half Marc Rich dem Gottesstaat. Könnte Rusal dieses Kunststück auch gelingen?Read More »
«Не говорил с журналистами и не давал интервью»: как написать книгу-биографию о нефтяном миллиардере
В издательстве «Альпина Паблишер» вышла книга «Нефтяной король. Секретная жизнь Марка Рича» — биография трейдера, который прошел путь от мальчика-беженца Марселла Рейха до бизнесмена, пожимавшего руки диктаторам. Он начал торговать нефтью с СССР, как только открыл свою компанию, а потом был одним из немногих, кто строил бизнес в бывших союзных республиках, когда банковская система там еще не функционировала (ящики долларов перевозили на самолете). T&P поговорили со швейцарским журналистом Даниэлем Амманном о том, как ему удалось добиться знакомства с миллиардером и как писать книги в таком жанре.
Oil King Marc Rich Dead At 78
Commodities kingpin and fugitive American ex-pat Marc Rich died today from a stroke at the age of 78 in a hospital in Lucerne, Switzerland. Rich was the founder in 1974 of Marc Rich & Co. AG, a pioneering oil-trading firm. Beginning with a management buyout in 1994, the firm eventually became what is today Glencore Xstrata, the world’s largest commodities trading house. The Belgian-born Rich started out at the bottom but became a powerful and shadowy figure in financial circles.
Marc Rich, Financier and Famous Fugitive, Dies at 78
Marc Rich, a shrewd, swashbuckling oil trader who fled to Switzerland after being indicted on charges of widespread tax evasion, illegal dealings with Iran and other crimes, and who was later pardoned by President Bill Clinton in his last hours in office, setting off a whirlwind of criticism, died on Wednesday in Lucerne, Switzerland. He was 78.
Человек, создавший Glencore
В мировой истории, если подумать, можно обнаружить много
противоречивых фигур, чьи поступки и намерения никак не вяжутся
с кодексом морального поведения. Петр I, Иван Грозный, Наполеон
Бонапарт – на память приходит масса имен людей, которые не были
образцом благочестия, но крупными буквами вписали свои имена
в историю. Ведь именно они и были ее творцами. К числу этих ярких,
но неоднозначных личностей относится и Марк Рич – американский
мультимиллионер, создавший в 1974 г. первую компанию-трейдера
сырьевых товаров Mark Rich & Co. В 1994 г. предприятие Марка Рича, во-
шедшее к тому времени в десятку крупнейших европейских компаний
по обороту, было переименовано в Glencore. Тринадцать лет спустя
эта компания стала одним из акционеров РУСАЛа.Read More »
Glencore to Emerge From Shadows With I.P.O.
Tucked away in a small village about 30 minutes from Zurich, Glencore International has grown from a small, secretive trading firm into one of the biggest buyers, sellers and producers of commodities in the last three decades. Behind the scenes, Glencore touches most basic resources, like sugar in coffee and the wires in cellphones.Read More »
Von Rich zu Glasenberg – Eine Chronologie
1974 – Marc Rich gründet in Zug die Marc Rich + Company. Partner sind Pincus Green, John Trafford und Jacques Hachuel. Alexander Hackel, ein Experte für Aluminium und Osteuropa, stößt hinzu. Das Startkapital beträgt 2 Mio. Franken. Rich borgte es sich von seinem Schwiegervater Emil Eisenberg. “Wir mochten uns alle. Und meine Freunde fühlten, dass da Geld zu machen war”, erinnerte sich Rich gegenüber seinem Biografen Daniel Ammann. Zug war seit 1957 das europäische Hauptquartier für Philipp Brothers, Richs früherem Arbeitgeber. Philipp Brothers, später Phibro, gehört heute zu Occidental Petroleum. Read More »
Glencore rises from four-room flat
Originally operating from a small apartment in central Switzerland’s Zug canton, commodities specialist Glencore has evolved over 37 years into a giant of the sector valued at around $US60 billion ($A57.25 billion).Read More »
The Man Revolutionised Commodities Trading
In the discreet commodities trading business, Marc Rich, the founder of commodities giant Glencore, cuts a controversial figure. While he was pursued for decades by US justice on accusations of tax evasion and illegal trading with Iran before finally being pardoned, Rich has also been credited with revolutionising commodities trading through a firm he founded 37 years ago, called Marc Rich + Co, later named Glencore.Read More »
Mit den Mächtigen auf Du und Du
In Marc Richs Reich geht die Sonne nie unter, so beschrieb ein Freund des milliardenschweren Rohstoffhändlers in Anspielung auf Karl V. die weitreichenden Geschäftsbeziehungen des Milliardärs und Glencore-Gründers auf dem Höhepunkt seiner Macht in den 70 und 80er Jahren.Read More »
The biggest company you never heard of
On Christmas Eve 2008, in the depths of the global financial crisis, Katanga Mining accepted a lifeline it could not refuse.Read More »
Der große Unbekannte
Obwohl Marc Rich in den 1970er-Jahren mit einer Handvoll Partnern das Kartell der Ölmultis zerschlug und zum Milliardär wurde, blieb er weiterhin der große Unbekannte der Weltwirtschaft. Mit der Diskretion des „King of Oil“ ist es wegen des lukrativen Börsengangs von Glencore vorbei.Read More »
“Suspenseful chronicle”
It’s as if God gives some people gifts and challenges designed to make their life pathways inevitable. Consider Marc Rich, the international commodity trading billionaire largely responsible for the inception of the spot oil market and financial globalization.Read More »
“Carefully Researched Biography”
Marc Rich has been described as the world’s biggest commodities trader, the inventor of the spot oil market, a traitor, and the savior of Israel and Jamaica. Read More »
Why Sanctions Against Iran Will (Almost Surely) Fail
Iran is coming under even greater pressure to curb its nuclear program. The U.N. Security Council is expected to vote soon on a fresh round of sanctions against the country. U.S. Defense Secretary Robert Gates said that the draft resolution is even “somewhat stronger” than he expected. According to the New York Times, even the very lucrative energy sector is mentioned in the preamble, noting the “potential connection between Iran’s revenues derived from its energy sector” and possible financing for its nuclear program.Read More »
石油之王:马克·里奇的秘密人生
谁能想到一个身无分文的欧洲大屠杀事件的幸存者，能够通过自己坚忍不拔的努力最终跻身为美国最富有的富豪之一？又有谁能够想到一个穷困潦倒的犹太难民的后 裔，能够凭借石油贸易一举成为世界上最有权势的大宗商品经销商，成为当之无愧的“石油之王”？马克·里奇是20世纪最有权势、也最具争议的贸易商人之一。 他的生活也总是异常受人关注，他与生活了20多年的妻子离婚，他的离婚代价不菲；他神通广大，与许多政治敏感国家关系友好，并与它们进行石油贸易；他在美 国臭名昭著，是美国“历史上最大的逃税案”的主犯，被认为是“叛国者”，遭到国际通缉。但无疑，马克·里奇是幸运的，2001年1月，当比尔·克林顿总统 在位的最后一天他终于得到赦免。这一切就构成了世人眼中的马克·里奇。他永远都不褪色的一生充满了神秘的传奇色彩。
“Sanctions On Iran Will Fail”
Hillary Clinton telling Iran that the US is looking for sanctions that bite is like telling them they’re going to be grounded and cannot go outside. Sanctions don’t work as far as political threats are concerned in the Middle East – at best they are “hit or miss.” And as reported in Daniel Ammann’s new book, The King of Oil, Israel got 60-90% of its oil from Iran at a time that they weren’t officially recognized because it was in everyone’s interest to be business partners although publicly they had to “not save face” and remain bitter enemies.
“Iran Sanctions: The Sobering Lessons of Marc Rich”
Think Sanctions Will Work? Oil Trader Marc Rich Made A Fortune Off Them Before Bill Clinton Pardoned Him.Read More »
Forbes – The World’s Billionaires
#937 Marc Rich
| Net Worth: | $1.0 bil |
|---|---|
| Fortune: | Self Made |
| Source: | commodities |
| Age: | 75 |
| Country Of Citizenship: | United States |
| Residence: | Meggen |
| Education: | New York U, Drop Out |
| Marital Status: | Divorced, 2 children |
NYU dropout started career in mail room of Philipp Brothers in 1954. With long-term partner Pincus Green, built Phibro into world’s largest trader of oil, grain, metals. Left mid-1970s, founded Marc Rich & Co. Fled to Europe 1983 after being indicted for trading with Iran during hostage crisis, evading $50 million in taxes. Duo pardoned by Clinton 2001. Born in Antwerp, Belgium 1934, spent childhood in Philadelphia, Kansas City, New York. Now resides in Switzerland; has given more than $100 million to Jewish causes and leukemia research. Lost millions to Madoff. Net worth estimate likely low.
Recent book by Swiss journalist Daniel Ammann says Rich revealed in interviews his extensive dealings with Iran, Cuba, South Africa; said he provided intelligence to U.S. diplomats about regimes while on the run.
source: http://www.forbes.com/lists/2010/10/billionaires-2010_Marc-Rich_THOQ.html
“Glencore is Marc Rich’s legacy”
It’s a well-known fact that oil made Marc Rich the world’s richest and most powerful commodities trader. Oil also made Rich – born Marcell David Reich – infamous around the world for his illegal deals with Iran during the hostage crisis almost 30 years ago. But what few people know is that metals – rather than oil – are responsible for kicking off and ultimately ending his career, Daniel Ammann, author of Rich biography “The King of Oil” reveals.Read More »
Der mächtigste Manager der Schweiz
Willy Strothotte ist heute in der Schweiz weitgehend unbekannt. Das ist kein Zufall. Wer aber ist der Nachfolger des legendären Rohstoffhändlers Marc Rich, dessen Konzern Glencore mit der gewollten Intransparenz allmählich ein Problem bekommt?
Book Talk: On Glencore founder Marc Rich
Digging deep into the world of commodities trading was no easy task for Swiss-based author Daniel Ammann and his latest biography. “The King of Oil” is an exclusive, no-holds barred biography of billionaire commodities trader, former fugitive and founder of the trading giant that became Glencore, Marc Rich.Read More »
“Marc Rich speaks..but what did he say?”
The Barrel
Marc Rich has finally spoken. He’s spoken a lot, apparently, to Daniel Ammann, and even took a picture with him. That in itself is newsworthy, because The King of Oil, as the title of the book written by Ammann describes Rich, has talked very little over the years.Read More »
“His good name was everything to him”
Marc Rich: Billionaire businessman and philanthropist, or crook? Most loyal of men, or traitor? This book won’t tell you, but it will leave you well informed about the most enigmatic of men. Read More »
“Ævintýralegt líf í olíuheimi”
Frá árinu 1940 og fram til 1970 var verð á tunnu af hráolíu á bilinu 2 – 3 USD. Verð breyttust lítið þótt sveiflur kæmu fram öðru hvoru þegar heimsmálin voru í óvissu. Markaðurinn á þessum tíma var í ástandi sem kallað er „oligapoly“ þar sem hinar sjö systur svokölluðu (Chevron, Esso, Shell, Texaco, BP, Mobil og Gulf) réðu alfarið verðlagningu á olíuvörum í heiminum. Á þessum tíma kostaði að meðaltali ca. 40 cent að ná upp tunnu af hráolíu og með söluverð í 2.50 USD þá var hagnaður risanna gríðarlegur. Til samanburðar þá er talið að meðalverð á olíu uppúr sjó í dag sé um 35.00 USD pr. tunnu.Read More »
“USA zwingen Zuger Firma zum Abbruch des Benzinhandels mit Iran”
Die USA bereiten schärfere Sanktionen gegen Iran vor. Nun zieht sich der Rohstoffhändler Glencore aus dem Iran-Geschäft zurück. Die Firma Vitol in Genf will vorerst weiter geschäften.Read More »
「キング・オブ・オイル」の「シークレット・ライフ」を公開
商品取引のトレーダー、マーク・リッチ氏は、自分が「悪魔」と呼ばれてきたことを認めている。しかしスイス人ジャーナリスト、ダニエル・アマン氏の新刊本は、この億万長者を聖人とも罪人とも描いてはいない。
アマン氏は『ザ・キング・オブ・オイル ( The King of Oil ) 』の執筆にあたり、リッチ氏に長時間の取材を行った。イスラエルとイランが通商関係を結ぶことなど考えられなかった時代に、両国による石油パイプラインの 合弁事業を成功させたのは、リッチ氏の偉業の一つだとアマン氏は語る。
ルツェルン湖のほとりに住む74歳のリッチ氏はこれまでずっと疑惑の人物だった。そして確かに彼は、 いつも公明正大な立場にあったわけではない。イランとの不法取引や脱税容疑でアメリカ政府から告訴されていたリッチ氏は、逮捕を恐れアメリカへ1度も戻っ ていない。互いに商関係を持つことを拒む相手同氏を結びつけたリッチ氏は、多く人々の驚きといら立ちの中、ビル・クリントン大統領から任期最後の日に恩赦 を獲得した。Read More »
“Monsieur Ndolo”
Published in the United States last month, the biography of the legendary trader Marc Rich (Daniel Ammann, The King of Oil, published by St. Martin’s Press) could be read as a Who’s Who in African oil. Names such as Jacques Hachuel and Alexander Hackel crop up as well as that of a mysterious “Monsieur Ndolo.” This was the pseudonym of a French trader who headed the Compagnie Burundaise de Commerce (Cobuco) that was owned in equal halves by the Burundi government and Marc Rich + Co. In the 1980s, Cobuco bought Iranian crude. Officially to meet Burundi’s needs, the oil was in fact sold on to international markets. As for Marc Rich +Co, it made billions by supplying oil to South Africa during the apartheid era in defiance of sanctions. Rich also set up the trading department of Sonangol in Angola.
Copyright 2009 Indigo Publications
“Glencore, le joker pétrolier d’Israël”
Pour priver l’Iran d’essence et l’obliger à négocier sur le dossier nucléaire, les pays occidentaux multiplient les pressions sur les négociants qui l’alimentent en produits pétroliers. Si les Etats-Unis menacent de faire voter une loi, Israël préfère faire jouer ses relations privilégiées avec la principale entreprise de négoce au monde, le suisse Glencore, dont le chiffre d’affaires s’élevait à 165 milliards de francs suisses en 2008. Basé à Zoug, le groupe, qui s’est longtemps appelé Marc Rich + Co. AG, travaille en bonne intelligence avec Tel-Aviv depuis près de quarante ans.Read More »
“An Invaluable Tip from the King of Oil”
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 »
“Glencore as Israel’s Wild Card”
To deprive Iran of gasoline and force the country to come to the negotiating table regarding its nuclear program, Western nations are turning up the heat on traders who supply Tehran with oil products. While the United States is threatening to adopt a new sanctions bill, Israel is clearly preferring to use its special relations with the world’s leading trading concern, Switzerland’s Glencore, which had annual sales of SFR 165 billion in 2008, to pressure the Iranians. The group, which was long named Marc Rich + Co, has enjoyed excellent relations with Tel Aviv for nearly 40 years.Read More »
Marc Rich – The King of Oil
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 »
“How I met the Biggest Devil”
Marc Rich, the world’s most powerful oil trader who had systematically avoided reporters and had given his last interview over twenty years ago, finally opened up about his businesses and his private life. Read More »
“A warts-and-all story of the life of Marc Rich”
More than 25 years since his flight from US prosecution, Marc Rich has chosen to finally tell all in this extraordinary book by Swiss journalist Daniel Ammann. Through interviews with Rich himself and many that knew or worked with him during his career, Ammann presents a warts-and-all story of the life of Rich.Read More »
“They needed traders like Marc Rich.”
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 Spills His Secrets
The fugitive financier’s biographer talks to Allan Dodds Frank about Rich’s global commodities empire, his connection to U.S. intelligence, and how he bribed world leaders.
Everyone has a favorite fugitive. Hollywood loves Roman Polanski; the Taliban worship Osama bin Laden. For me and dozens of other reporters who have intermittently chased Marc Rich over the last three decades, the commodities trader has been the man most tantalizingly on the lam.
Now comes the journalistic coup by Daniel Ammann, an intrepid Swiss business journalist who, after years of trying to interview Rich, sits down, writes him a long letter full of loaded questions, and astonishingly convinces Rich to be interviewed at length—on the record—for The King of Oil: The Secret Lives of Marc Rich. Much of Rich’s story has long been suspected, but hard to prove.Read More »
“Le roi du pétrole sent le soufre”
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 »
“King of oil” discloses his “secret lives”
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 »
king-of-oil.com 
