Description
“The King of Oil” is a biography written by Daniel Ammann, published in 2009. The book chronicles the life and career of Marc Rich, a controversial and influential figure in the world of commodities trading.
Marc Rich was a Swiss-born businessman who rose to prominence as the founder of Marc Rich + Co AG, one of the world’s largest commodity trading firms. Rich was known for his shrewd business acumen and his ability to navigate the complex world of international markets, particularly in the oil industry.
Ammann’s biography offers a detailed and often intimate portrait of Rich, tracing his humble beginnings as the son of Jewish refugees from Nazi-occupied Europe to his ascent to become one of the wealthiest and most powerful figures in the world of finance.
“The King of Oil” explores Rich’s groundbreaking innovations in commodities trading, his controversial business practices, and his relationships with influential figures in politics, business, and entertainment. The book also delves into Rich’s legal troubles, including his indictment in the United States on charges of tax evasion, racketeering, and illegal trading with Iran during the hostage crisis of the 1970s.
Ammann’s biography provides readers with a comprehensive look at Rich’s life and legacy, shedding light on the complexities of his personality, his successes, and his failures. It offers insights into the world of high-stakes finance and the moral and ethical dilemmas that accompany wealth and power.
Overall, “The King of Oil” is a compelling and thought-provoking biography that offers readers a glimpse into the life of one of the most enigmatic and controversial figures in the history of global finance.
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