The King of Oil
Hightlight
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Entrepreneurship
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Ethics
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Geographical
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Historical
The King of Oil: The Secret Lives of Marc Rich
Author
Daniel Ammann
Published Date
2009
Page Count
288
Overview
“The King of Oil: The Secret Lives of Marc Rich” by Daniel Ammann is a biography of Marc Rich, the controversial commodities trader and founder of Glencore. The book delves into Rich’s life, exploring his business empire, his groundbreaking role in the oil and commodities markets, and his notorious legal battles, including his indictment in the United States on charges of tax evasion and controversial pardon by President Bill Clinton.
Key Themes
- Commodities Trading: Insight into the high-stakes world of oil and commodities trading.
- Biography of Marc Rich: The life and career of one of the most influential and enigmatic figures in the commodities market.
- Legal and Ethical Issues: Rich’s legal troubles, including his indictment and subsequent presidential pardon.
- Global Business and Politics: The intersection of global business, politics, and international relations in the commodities market.
Historical Context
The book covers the span of Rich’s career from the 1970s to the early 21st century, a period marked by significant changes in global economics and politics.
Author’s Background
Daniel Ammann is a journalist who spent years researching and interviewing Marc Rich, offering a detailed and intimate look into the life of the secretive businessman.
Impact and Legacy
The book is recognized for its detailed account of Rich’s life and its exploration of the often opaque world of commodities trading, shedding light on a figure who significantly impacted global markets.
Strengths and Weaknesses
Strengths: Ammann provides a thorough and engaging biography, offering insights into a rarely seen side of global trade. Weaknesses: Some readers might seek more analysis of the broader impact of Rich’s activities on global economics and politics.
Who Should Read This?
Ideal for readers interested in the history of commodities trading, biographies of influential business figures, and the intersection of global business and politics.
Similar Books
- “The World for Sale: Money, Power, and the Traders Who Barter the Earth’s Resources” by Javier Blas and Jack Farchy: A look into the world of commodity traders who control a large portion of the global economy.
- “Oil: Money, Politics, and Power in the 21st Century” by Tom Bower: An exploration of the global oil industry and its major players.
Final Thoughts
“The King of Oil: The Secret Lives of Marc Rich” offers a fascinating glimpse into the life of a man who shaped the modern commodities market, providing readers with an in-depth look at the complexities of this secretive business world.
