Matt Damon and John Krasinski are teaming up for a biopic on Marc Rich, the disgraced billionaire. The biopic is about the accused oil trader who was infamously pardoned by President Bill Clinton during the chief executive’s last day in office.
The movie is based on “The King of Oil: The Secret Lives of Marc Rich,” a biography of Marc Rich written by Daniel Ammann that highlights one of the most controversial international business tycoon of all time. The movie will shed a light on how Marc Rich became the most influential and wealthy oil traders in the 20th century. How he managed to reach the peaks of international finance, including the business dealings in Iran during the Iran Hostage Crisis of 1979 and 1980. Rich lived up to his name until he was accused in 1983 on 65 counts of criminal activity, including tax evasion. During the last day of Bill Clinton’s presidency in 2001, the president pardoned Rich. Nonetheless, Rich did not come back to the United States. He remained abroad and far from the reach of American law enforcement until his death in 2013.
John Krasinski and Allyson Seeger are producing for Sunday Night Productions, and Vincent Sieber and Uri Singer are also producing. Singer first optioned the book through his Passage Pictures and then partnered with Sunday Night.