The company was founded as "Marc Rich & Co. AG" in 1974 by billionaire commodity trader Marc Rich, who was charged with tax evasion and illegal business dealings with Iran in the US, but pardoned by President Bill Clinton in 2001.
The company was founded as "Marc Rich & Co. AG" in 1974 by billionaire commodity trader Marc Rich. Rich was charged in the US with tax evasion and illegal business dealings with Iran, but pardoned by President Bill Clinton in 2001.