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Showing posts with label Oil Trader. Show all posts
Showing posts with label Oil Trader. Show all posts

Is Marc Rich Jewish?

Billionaire Marc Rich was Jewish. Known recently as the billionaire who was pardoned by President Bill Clinton over what had once been the biggest tax evasion case in U.S. history, Marc Rich invented oil trading and was praised for busting sanctions with Iran

Rich was born in 1934 to a Jewish family in Antwerp, Belgium to working-class Jewish parents. The family emigrated to the United States in 1941 to escape the Nazis. Marc Rich attended high school at the Rhodes Preparatory School in the Manhattan borough of New York City and NYU but dropped out to go work.

Marc Rich first married Denise Eisenberg, a songwriter and heiress to a New England shoe manufacturing fortune, in 1966. They divorced in 1996, but she continues to use the name Denise Rich. They had three children, one of whom, Gabrielle Rich Aouad, predeceased her parents.

According to the Jewish Daily Forward, the Belgian born Marc Rich became "the most successful and controversial trader of his time and a fugitive from U.S. justice, enjoying decades of comfortable privacy at his sprawling Villa Rosa on Lake Lucerne."

Marc Rich died on Wednesday, June 26, 2013 from a stroke in Switzerland. He was 78.