See also: Rich

Marc Rich (born the December 18th 1934 with Antwerp, Belgium) is a discussed Business man.

Biography

He emigrated with the the United States during the Second world war. He cumulates nationalities American, Spanish and Israeli and lives the Canton of Zoug in Suisse.

Specialized in the Broking of the raw materials (Trading), he is the founder of the company of broking Glencore, also based in the Canton of Zoug, then of Marc Rich Investments with his departure of Glencore.

Embargo on Iran

Marc Rich built most of his fortune by circumventing the Embargo on Iran established following the taken hostages of the embassy of the United States in Iran, the November 4th 1979 with Teheran.

He for that was continued and condemned to the United States for violation of Embargo. The September 19th 1983, a large American federal jury shows it of more than 50 criminal charges (fraud, trade with the enemy, etc) This judgment could have been worth to him up to 325 years of prison. But she is pronounced by Contumace, Marc Rich being fled in Suisse. This one refuses the Extradition required in 1984 by the United States. Marc Rich installs the seat of his company there, in Zoug.

From 1983 to 2001, Marc Rich is reproduced on the list of fugitive required (the Most Wanted ) by FBI. The January 20th 2001, a few hours before Bill Clinton leaves the presidency, one of its last instruments is of grâcier Marc Rich. This presidential Amnistie starts a scandal, amplified when it is learned that Denise Rich, ex-wife of the business man, had made gifts of a million dollars to the democratic party and with the foundation of Clinton.

Oil broking

Founder of the company Glencore, Marc Rich is one of the principal promoters of the mechanism of the oil prefinancings which makes it possible a African country to be involved in debt on its oil incomes to come, often for the benefit of the leaders.

External bond

• Marc Rich Foundations