Matt Damon and John Krasinski working on new Marc Rich biopic The King of Oil
Matt Damon is in line to star in new film about controversial commodities trader Marc Rich, teaming up once again with John Krasinski, whose production company Sunday Night Productions is overseeing the film. The pair have previously worked together producing Manchester by the Sea, as well as co-writing and starring together in Promised Land.
The new film is set to be adapted from The King of Oil: The Secret Lives of Marc Rich, a nonfiction book written by Swiss investigative journalist Daniel Ammann. The founder of mining conglomerate Glencore, Rich became a notorious figure during the 1970s, when his trading activities with the apartheid regime in South Africa and other regimes such as those led by Ayatollah Khomeni in Iran and Nigerian dictator Sani Abacha made him a billionaire. Rich was later indicted on charges of tax evasion, but never served time due to his residence in Switzerland, and was controversially pardoned by outgoing President Bill Clinton just before he left office in 2001.
Damon is understood to be tackling the role of Rich himself, while Krasinski is reportedly weighing up whether to direct the film himself or draft in someone else, but he will be one of the producers on the project, with Joe Shrapnel and Anna Waterhouse adapting Ammann's book for the screen. No release date for the film has been announced as yet.