Marc Rich, born in Belgium in 1934, began his career in the oil industry in the 1950s, working for a small trading company in New York. He quickly demonstrated his prowess in the business, negotiating complex deals and building relationships with key players in the market. In the 1960s, he co-founded Marc Rich & Co., a company that would eventually become one of the world’s largest independent commodity traders.

Marc Rich’s Net Worth in 2025

As of 2025, Marc Rich’s net worth is estimated to be around $6 billion, according to the latest available information.

Career

Marc Rich, born Marcus Rose, was a Swiss commodity trader and businessman. He founded the commodities trading company Marc Rich & Co. AG in 1974, which later became Glencore. Rich was known for his innovative trading strategies and was one of the most influential figures in the commodities market.

Other Ventures

In addition to his commodities trading business, Rich also ventured into other industries. He was involved in the oil and gas sector, owning a stake in the oil company Vaduz Petroleum. He also invested in real estate, owning properties in various countries, including Switzerland, Spain, and the United States.

Assets

Rich’s assets include a sprawling estate in Switzerland worth over $100 million, a private jet, and a luxury yacht. He also owned a significant stake in the Swiss bank Glencore, which was worth billions at the time of his death. His art collection, which included works by Picasso and Monet, was valued at over $100 million.

Annual Income

At the height of his career, Marc Rich’s annual income was estimated to be in the hundreds of millions of dollars. In 1993, it was reported that he earned $500 million in a single year. However, his income varied greatly from year to year, depending on the performance of his trading business.

Frequently Asked Questions about  Marc Rich

What was Marc Rich’s net worth?

Marc Rich’s net worth was estimated to be around $1 billion at the time of his death.

How did Marc Rich make his fortune?

Marc Rich made his fortune through commodity trading, particularly in oil and metals. He founded the company Marc Rich & Co. AG in 1974, which became one of the world’s largest independent commodity traders.

Where was Marc Rich born?

Marc Rich was born in Antwer, Belgium.

When did Marc Rich die?

Marc Rich died on June 26, 2013, in Lucerne, Switzerland.

Why was Marc Rich known as the “King of Commodities”?

Marc Rich was known as the “King of Commodities” due to his significant influence and success in the global commodity markets. He was one of the first traders to use futures markets to hedge against price fluctuations and was known for his ability to anticipate and capitalize on market trends.

Was Marc Rich ever married?

Yes, Marc Rich was married to Denise Rich, a socialite and philanthropist, from 1966 until their divorce in 1996.

Did Marc Rich have any children?

Yes, Marc Rich had four children with his first wife, Denise Rich.

Why was Marc Rich granted a pardon by President Clinton?

Marc Rich was granted a pardon by President Bill Clinton on his last day in office in 2001. The pardon was controversial and was reportedly granted due to political pressure and donations made by Rich’s ex-wife, Denise Rich, to the Democratic Party.

What was Marc Rich’s role in the Iran-Contra affair?

Marc Rich was alleged to have played a role in the Iran-Contra affair by facilitating the sale of weapons to Iran in exchange for the release of American hostages. He was indicted on charges related to this affair in 1983, but he fled the United States and lived as a fugitive until his death.

What was Marc Rich’s nationality?

Marc Rich held dual citizenship in the United States and Switzerland.