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Marc Rich News

Last mentioned in Zurich : Switzerland
Marc Rich (born Marcell David Reich; December 18, 1934) is an international commodities trader and entrepreneur. He is best known for founding the commodities company Glencore....

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  • Vitol: Tough work but staff stay loyal due to huge bonuses

      News Source: The Independent | 8 days ago
    When it comes to the financial industry's richest and most risk-taking executives, few top those in the world of energy trading. With high-level contacts in governments, boardrooms and even the secret services, their decisions can make or break
  • Landmark tax evasion law kicks in

      News Source: Politico | 22 days ago
    One of President Bill Clinton's most controversial acts was a last-minute pardon to infamous tax evader and oil king billionaire Marc Rich, listed among the FBI's Ten Most Wanted for years. To many, forgiveness for the man hiding out in Switzerland,
  • Zero tax bill on $15b income

      News Source: Sydney Morning Herald | 1 month ago
    Research from the Australia Institute this week identified $17.6 billion in government subsidies and assistance for the mining industry. As the third largest resources group in the country after BHP and Rio Tinto, Glencore is a beneficiary of this
  • Tax Office wins court battle with Sydney businessman Vaughan Blank

      News Source: Sydney Morning Herald | 2 months ago
    In 2008, he paid $28.1 million to buy Villa Porto Rosa, a 1928 mansion in the upmarket Sydney suburb of Watsons Bay. Mr Blank then moved to demolish the single-storey building and build a new, three-storey mansion, sparking a war with neighbours
  • The Democratizing Power of Crowdfunding and the JOBS Act

      News Source: Turks and Caicos Free Press | 4 months ago
    While discussing the stock market over dinner recently, John Mackey, the Founder and CEO of Whole Foods said unequivocally: "I wish crowdfunding had been around when I started Whole Foods." While he did eventually list several positive relationships
  • Kazakhstan – the succession

      News Source: Open Democracy | 5 months ago
    President Nazarbayev has turned Kazakhstan into a Central Asian powerhouse...But there are riches at stake, and people waiting in the wings. Kazakhstan has won kudos from international investors, for having successfully exploited its oil and gas
  • Banking secrets of the wealthy exposed

      News Source: Wellington Dominion | 6 months ago
    From the brother-in-law of Chinese President Xi Jinping to a daughter of the late Philippine dictator Ferdinand Marcos, thousands of the rich and politically connected have been outed as having secret offshore holdings. The International Consortium
  • Passing away: notable deaths in 2013

      News Source: Daily Nation | 7 months ago
    Nagisa Oshima, Japanese filmmaker, directed "Furyo", aged 80, on January 15. - Andree Putman, internationally acclaimed French designer, aged 87, on January 19. - Hugo Chavez, Venezuelan president, aged 58 from cancer, on March 5. - Ieng Sary,


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