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About: Marc Rich     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatSwissPeople, within Data Space : dbpedia.org associated with source document(s)

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Marc Rich (born Marcell David Reich; December 18, 1934 – June 26, 2013) was an international commodities trader, hedge fund manager, financier, businessman, and alleged financial criminal. He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making oil deals with Iran during the Iran hostage crisis. He fled to Switzerland at the time of the indictment and never returned to the United States. He received a widely criticized presidential pardon from U.S. President Bill Clinton on January 20, 2001, Clinton's last day in office; Rich's ex-wife Denise had made large donations to the Democratic Party.