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#63 The King of Oil: The Secret Lives of Marc Rich
Founders
Why Mark Rich and Company Founded in Switzerland
In 1974, Mark Rich and Company was founded in the Swiss town of Zug. The five partners brought a total of two million Swiss francs and seed capital to the table. With its policies of low taxes and simplified bureaucracy, Zug managed to attract international companies. Since 1990s, Zug has attracted an increasing number of Russian companies.
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