Top 6 Quotes & Sayings by Marc Rich

Explore popular quotes and sayings by an American businessman Marc Rich.

Last updated on April 20, 2025.

Marc Rich was an international commodities trader, hedge fund manager, financier, businessman, and alleged financial criminal. He founded the commodities company Glencore, and was later indicted in the United States on federal charges of tax evasion, wire fraud, racketeering, and making oil deals with Iran during the Iran hostage crisis. He fled to Switzerland at the time of the indictment and never returned to the United States. He received a widely criticized presidential pardon from U.S. President Bill Clinton on January 20, 2001, Clinton's last day in office; Rich's ex-wife Denise had made large donations to the Democratic Party.

American - Businessman | December 18, 1934 - June 26, 2013

Source: Wikipedia

If you are too proud, you don't do business.

Marc Rich

It is much more convenient not to be a public company. As a private company you don't have to give information to the public. Secrecy is an important factor of success in the commodity business.

Marc Rich

You can't run a business based on sympathies; otherwise our business would be hampered.

Marc Rich

I miss New York. I like the country and I like the people. However, the U.S. political and legal system is prone to overreaction.

Marc Rich

I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.

Marc Rich

George W. Bush was a very bad president. The Iraq war was a big mistake. The U.S.A. needed a political change. I hoped Barack Obama could be a good president, but I'm disappointed. He hasn't done well.

Marc Rich

Top 6 Quotes & Sayings by Marc Rich

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