Marc Rich has died

Marc Rich, who has died aged 79, was the godfather of global commodity trading — and for many years a fugitive from US justice, until he was granted a pardon in the controversial last act of Bill Clinton’s presidency.

The Telegraph [UK] 26 Jun 2013

…Marc was educated at Rhodes preparatory school in Manhattan and […]

Why Denise Rich Gave Up U.S. Citizenship

Laura Saunders The Wall Street Journal 7/10/2012

…Rich is not alone in giving up her U.S. citizenship: In 2011, nearly 1,800 people renounced their U.S. citizenship or residency, a sixfold increase from 2008. In May, a furor erupted after it was revealed that Facebook co-founder Eduardo Saverin had renounced his citizenship ahead of Facebook’s public […]

Wealthy socialite and top Democratic donor Denise Rich renounces her U.S. citizenship – saving her tens of millions of dollars in taxes

Songwriter also has Austrian citizenship through her late father Former husband Marc Rich fled the country when indicted on charges of tax evasion – but was pardoned by President Clinton in 2001 House of Representatives committee later found Denise Rich had swayed the decision through donations to Clinton campaign Comes as the latest wealthy […]