The movie The King of Oil is based on The King of Oil: The Secret Lives of Marc Rich, a no-holds-barred biography of Rich written by Daniel Ammann that sheds new light on one of the most controversial international businessmen of all time.
The public will remember Rich from that controversial pardon by President Bill Clinton on his last day in office. Rich was a child of the Holocaust who became the wealthiest and most powerful oil and commodities trader of the century until his 1983 indictments on 65 criminal counts including tax evasion. The book detailed Rich’s illegal dealings with Iran during the hostage crisis and his quiet cooperation with the Cuban, Israeli and U.S. governments. The Glencore founder never faced a judge or jury: Rich was in Switzerland when he was indicted on those criminal counts and lived his life abroad until he died at age 78 in 2013.