Reading rank 309

The King of Oil: The Secret Lives of Marc Rich

Daniel Ammann, subject: Marc Rich, commodities trading, oil spot market, Glencore origins, 2009

A biography of Marc Rich, whose life story belongs to the wider history of oil fortunes and the industry behind them.

65
Coverage Score
3
Scored evidence

About the book

Ammann reconstructs Marc Rich's commodities career, role in developing the oil spot market, dealings with sanctioned states, flight from U.S. charges, and the trading firm that became Glencore.

Why read it

Best if you want a detailed account of Marc Rich's life and where it fits in the history of oil fortunes.

Key themes

  • One life inside oil-industry history
  • More story than a summary can hold

Evidence and original sources

Sources: official Founders episodes — #63, #198

Near the close of the episode, David directly recommends the book, noting there is much more to the story than he could cover.