Marc Rich, legendary commodities trader, dies
Rich is credited with creating modern oil trading
Marc Rich, commodities trader and founder of the group that became Glencore Xstrata , has died, the head of the Marc Rich Foundation, Avner Azulay, said on Wednesday.
"Marc Rich passed away this morning at his home in Lucerne. He will be brought to Israel for burial," Azulay said.
Rich is credited with creating modern oil trading.