Marc Rich
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Marc David Rich (born December 18, 1934) is an international commodities trader who in 1983 fled the United States to live in Switzerland, in order to avoid prosecution on charges of tax evasion and illegally making oil deals with Iran during the hostage crisis. Bill Clinton granted him a pardon shortly before leaving office as the President of the United States. Since Rich's former wife, Denise Rich, had made huge donations to the Democratic Party during Bill Clinton's time in office, it was widely alleged that Rich's pardon had been bought. Clinton explained his decision by noting that similar situations were settled in civil, not criminal court, and cited the clemency pleas from Israeli government officials, including Prime Minister Ehud Barak.
Rich, after spending several years in the canton of Zug, moved his domicile to Meggen, a city part of the Swiss canton of Luzern. He resides in a property called "La villa rose" (the pink villa) on the shores of the Vierwaldstättersee (also known as Lake Lucerne). Rich also owns property in the ski resort of Sankt-Moritz, Switzerland and in Marbella, Spain.
His business partner, Pincus Green, is known to be the "logistic" brain of their company.
Rich attended high school at Rhodes School in Manhattan, New York and college at New York University.
See also
External link
- "Marc Rich: Hero or villain? (http://news.bbc.co.uk/1/hi/world/americas/1171955.stm)" - BBC News article dated Thursday, February 15, 2001