Was Marc Rich Jewish?

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Jewish-American billionaire Marc Rich, who invented oil trading and was pardoned by then US president Bill Clinton over what had once been the biggest tax evasion case in US history and busting sanctions with Iran, died on Wednesday from a stroke in Switzerland at 78.

Rich fled the Holocaust with his parents for America to become the most successful and controversial trader of his time and a fugitive from US justice, enjoying decades of comfortable privacy at his sprawling Villa Rosa on Lake Lucerne.

Belgian-born Rich, whose trading group eventually became the global commodities powerhouse Glencore Xstrata, died in hospital from a stroke, spokesman Christian Koenig said.

At the villa, with views of the nearby mountains and grounds sloping down to the banks of the lake, security guards and other staff could be seen but there was no sign of family members.

“He will be brought to Israel for burial,” Avner Azulay, managing director of the Marc Rich Foundation, said by telephone. Rich will be buried on Thursday at Kibbutz Einat cemetery near Tel Aviv.

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Posted by on Wednesday, June 26th, 2013. Filed under Jewish Blogs. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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