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4954Why Denise Rich Gave Up U.S. Citizenship?

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  • Hazel Ickes
    Jul 16, 2012

      Another wealthy American has given up U.S. citizenship and the taxes that go with it: Denise Rich, the Grammy-award-nominated songwriter and ex-wife of commodities trader Marc Rich. A spokesperson for Denise Rich said that she expatriated in order to be closer to her longtime life partner, Peter Cervinka, as well as her friends and family. She will be an Austrian citizen. In 2011, nearly 1,800 people approached US Citizenship Services  to renounce their U.S. citizenship or residency.

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