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The King of Oil: The Secret Lives of Marc Rich (English Edition) Format Kindle
Billionaire oil trader Marc Rich for the first time talks at length about his private life (including his expensive divorce from wife Denise); his invention of the spot oil market which made his fortune and changed the world economy; his lucrative and unpublicized dealings with Ayatollah Khomeini's Iran, Fidel Castro's Cuba, war-ravaged Angola, and apartheid South Africa; his quiet cooperation with the Israeli and U.S. governments (even after he was indicted for tax fraud by Rudy Guiliani) and near-comical attempts by U.S. officials to kidnap him illegally.
This sure-to-make-headlines book is the first no-holds-barred biography of Rich, who was famously pardoned by Bill Clinton, and resurfaced in the news during the confirmation hearings of Attorney General Eric Holder. The King of Oil sheds stunning new light on one of the most controversial international businessmen of all time, charting Rich's rise from the Holocaust, which he fled as a young boy, to become the wealthiest and most powerful oil and commodities trader of the century. From his earliest trading days to the present, Marc Rich's story is astonishing and compelling.
Description du produit
Biographie de l'auteur
Daniel Ammann is business editor of the highly regarded Swiss weekly Die Weltwoche . He was educated at Zurich University, UC Berkeley and Fondation Postuniversitaire Internationale in Paris. In 2007 he won the Georg von Holtzbrinck Prize for Business Journalism.</DIV> --Ce texte fait référence à l'édition kindle_edition.
Détails sur le produit
- ASIN : B002SKDGRE
- Éditeur : St. Martin's Press (12 octobre 2009)
- Langue : Anglais
- Taille du fichier : 578 KB
- Synthèse vocale : Activée
- Lecteur d’écran : Pris en charge
- Confort de lecture : Activé
- X-Ray : Activé
- Word Wise : Activé
- Nombre de pages de l'édition imprimée : 317 pages
- Classement des meilleures ventes d'Amazon : 133,213 en Boutique Kindle (Voir les 100 premiers en Boutique Kindle)
- Commentaires client :
À propos de l'auteur
Meilleures évaluations de France
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Meilleurs commentaires provenant d’autres pays
To be fair to the author, he had been granted fantastic access to Marc a rich and those around him. He has done fantastic groundwork on getting interviews and most of the right content. He tells the story mostly in a surficial fashion. We don’t quite past the facade of Marc Rich here.
His Jewish American upbringing catapults him into the trading house of Phillips brothers at a young age, where his hard works in the mail room doesn’t go unnoticed. It seems Marc Rich was making deals in his 20s that most wouldn’t get a chance to do until their 50s. War is the ideal time for a trader to make money form oil and metals trading.
The author does take a slight glamourous view of all this. As if he is impressed by the fancy clothes and watches himself. The most detailed part of the book, the case against Marc Rich for tax evasion and the supply of oil to the enemy Iran, is more about proving prosecutor Rudi Guliani guilty of self amelioration. Marc Rich seems to get off lightly, even when destroying evidence.
The pardon by Bill Clinton is well covered with some good interviews. It all unravels for Marc Rich quite quickly it seems, with his company becoming Glencore in the process. There are some really good insights in the book about the mindset of commodity traders which still exist today - media attention is bad, be secretive, be daring, do business with anyone, the law is your moral compass.
The book is a great read given the story but I couldn’t shake the feeling that this could have been somthjnh more. There is an interview with Marc Rich in the back about his thoughts on the energy and political world. All the answers are empty, media quality greyness. The author has given us a great tale, but I don’t think he ever managed to get deep into the layers of mystery.
Daniel Ammann has done an excellent job in laying out how an outsider, fleeing from Germany developed into a global titan striding the world of oil. And then how he fell - and the portrait of the death of Marc Rich's daughter and how he could only attend via conference call is heart-rending.
I was recently reading a Glencore presentation which described their business model (particularly for their marketing business) - and it was surprising how the principles of Marc Rich still permeate the business.
This is a must read for anyone interested in oil, markets or Glencore. But it is also a fantastic story well worth reading in its own right. Highly recommended