Peter Landesman (“Concussion”) has been set to direct the long-gestating movie based on Daniel Ammann’s biography “The King of Oil”.
The story follows Marc Rich, an international commodities trader and founder of Glencore who was indicted in the U.S. on 65 criminal counts ranging from tax evasion and wire fraud to racketeering and striking deals for oil with Iran during the Iran hostage crisis.
Rich had already fled the U.S. for Switzerland and never returned, but received a pardon in 2001 from then-President Bill Clinton on his last day in office.
Matt Damon has previously been attached to play Rich back when the project was at Universal, though his involvement is currently unknown and the project is now in turnaround.
Joe Shrapnel and Anna Waterhouse are writing the screenplay while John Krasinski, Uri Singer, Vincent Sieber and Allyson Seeger will produce.
Source: Variety
