Non­fic­tion

The King of Oil: The Secret Lives of Marc Rich

Daniel Ammann
  • Review
By – August 25, 2011
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.

 In this care­ful­ly researched biog­ra­phy, Daniel Ammann, a tal­ent­ed inves­tiga­tive jour­nal­ist, traces the life of this fas­ci­nat­ing fig­ure from his child­hood as a Jew­ish refugee flee­ing the Nazis from Bel­gium via France and Moroc­co to the U.S., where he grows up, and even­tu­al­ly to Switzer­land, where he becomes both the King of Oil” and a fugi­tive from Amer­i­can jus­tice.

 As he builds his secre­tive empire, he does busi­ness with some of the most influ­en­tial peo­ple of our time, includ­ing Aya­tol­lah Khome­i­ni, Fidel Cas­tro, Shi­mon Peres, Ehud Barack, Michael Man­ley, and the heads of the gov­ern­ments of Nige­ria, Ango­la, and sev­er­al oth­er African nations. We also meet his neme­sis, Rudy Giu­liani, and assort­ed FBI agents, as well as his even­tu­al sav­iors, includ­ing his exwife,Denise Rich, and most impor­tant­ly, Pres­i­dent Bill Clin­ton, who famous­ly and con­tro­ver­sial­ly par­doned him. Ammann intro­duces us to these and many oth­er fas­ci­nat­ing peo­ple and explains the his­toric cir­cum­stances that brought them into Rich’s orbit, as well as the intri­ca­cies of com­modi­ties trad­ing and the inter­na­tion­al laws which gov­ern it. Illus­trat­ed, index, notes.
Peter L. Roth­holz head­ed his own Man­hat­tan-based pub­lic rela­tions agency and taught at the Busi­ness and Lib­er­al Arts (BALA) pro­gram at Queens Col­lege. He lives in East Hamp­ton, NY and San­ta Mon­i­ca, CA and is a fre­quent con­trib­u­tor to Jew­ish publications.

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