rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 
Rediff.com  » Business » Billionaires who are diamond kings of the world

Billionaires who are diamond kings of the world

Last updated on: August 07, 2013 11:25 IST

Billionaires who are diamond kings of the world

     Next

Next

There has been a big jump in prices of rough diamond since 2005 and they are projected to increase about 20 per cent by 2017, primarily boosted by rise in demand in China and India, according to Wealth-X, a wealth research firm.

World's richest diamond owners consist of collectors, dealers, and investors who have shares in some of the biggest mines, it says.

Let’s have a look at some of the richest diamond owners in the world.

Source: CNBC

Click NEXT to read more…


Image: A model displays the Sefadu diamond, the world's largest uncut diamond in existence today.
Photographs: Bobby Yip/Reuters

     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Cheng Yu-tung

Age: 87

Net worth: $19.6 billion

Company: Chow Tai Fook Jewellery Group

Country: Hong Kong

Overall rank: 1

Cheng Yu-tung purchased 507-carat Cullinan Heritage diamond for $35.3 million, the most expensive rough diamond ever bought, in 2010.

Click NEXT to read more...


Image: Cheng Yu-tung in Hong Kong.
Photographs: Bobby Yip/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Beny Steinmetz

Age: 57

Net worth: $5.8 billion

Company: Steinmetz Diamond Group

Country: Israel

Overall rank: 2

Steinmetz Diamond Group crafted Steinmetz Pink, a 59.6 carat pink diamond, said to be worth $100 million in 2003.

Click NEXT to read more...


Image: Diamond jewellery in Milan, Italy. Inset, Beny Steinmetz.
Photographs: Paolo Bona/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Dan Gertler

Age: 39

Net worth: $2.6 billion

Company: Fleurette Group

Country: Israel

Overall rank: 3

Dan Gertler's, who is a friend of Democratic Republic of Congo's President Joseph Kabila, decision to buy mining projects from the Congolese government created controversy. He defended the move by saying that he was helping the people in DRC by creating employment opportunities and providing basic amenities.

Click NEXT to read more...


Image: An emerald and diamond pendant and necklace by Bvlgari priced between $2.5 million to $3.5 million, which was a gift from Richard Burton to Elizabeth Taylor, on display in New York City. Inset, Dan Gertler.
Photographs: Mike Segar/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Anne-Marie Graff

Age: 75

Net worth: $2.1 billion

Company: Graff Diamonds

Country: British

Overall rank: 4

Anne-Marie, her husband and their children hold stocks worth $3.1 billion in Graff Diamonds, according to Forbes.

Click NEXT to read more...


Image: 'The Mike Tood', an antique diamond tiara which belonged to the late actress Elizabeth Taylor, in Hong Kong. Inset, Anne-Marie Graff.
Photographs: Tyrone Siu/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Laurence Graff

Age: 75

Net worth: $2.1 billion

Company: Graff Diamonds

Country: British

Overall rank: 5

Founder of Graff Diamonds and husband of Anne-Marie bought 24.78 carats Graff Pink diamond for $46 million in 2010.

Click NEXT to read more...


Image: Graff Diamonds CEO Francois Graff, left, and Founder and Chairman Laurence Graff, right, with a model in Hong Kong.
Photographs: Tyrone Siu/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Georges Nicolas Hayek Jr

Age: 58

Net worth: $1.7 billion

Company: Swatch Group

Country: Swiss-Lebanese

Overall rank: 6

Georges Nicolas Hayek Jr bought 101.73 carat Winston Legacy diamond for $26.7 million in May, 2013.

Click NEXT to read more...


Image: Georges Nicolas Hayek, right, in Paris, France.
Photographs: Jean-Christophe Kahn/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Lev Leviev

Age: 57

Net worth: $1.4 billion

Company: Stake in Catoca diamond mine

Country: Israel

Overall rank: 7

Ivana Trump, former wife of businessman Donald Trump, wore 450 carats of diamonds from Leviev’s collection at her wedding in 2008.

Click NEXT to read more...


Image: Lev Leviev in Sofia, Bulgaria.
Photographs: Oleg Popov/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Jorg Bucherer

Age: 77

Net worth: $1.1 billion

Company: Bucherer Group

Country: Switzerland

Overall rank: 8

Bucherer pieces include Reine Blanche, a necklace that has 44.97 carats of brilliant diamonds.

Click NEXT to read more...


Image: A Bonhams employee poses with the Bvlgari crossover ring set with 3.72 carat fancy vivid blue diamond and 3.93 carat diamond at Bonhams auction house in London. Inset, Jorg Bucherer.
Photographs: Luke MacGregor/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     Next
Prev

Next

Fred Mouawad

Age: 44

Net worth: $1.1 billion

Company: Mouawad

Country: Lebanese

Overall rank: 9

Fred Mouawad, one of the three brothers running the jewellery and watch company, made an unsuccessful bid for 76.02 carat diamond, which ultimately sold for $21.48 million.

Click NEXT to read more...


Image: Fred Mouawad in Doha, Qatar.
Photographs: Fadi Alassaad/Reuters

Prev     Next

Billionaires who are diamond kings of the world

Prev     More
Prev

More

Robert Fayez Mouawad

Age: Not available

Net worth: $1.1 billion

Company: Mouawad

Country: Lebanese

Overall rank: 10

Robert Fayez Mouawad purchased 101.84 carat diamond for $12.76 million in 1990, the most expensive single pear-shaped diamond at that time.


Image: A shop assistant shows a bracelet from Brazilian designer Mauricio Monteiro, containing a selection of large pink sapphires, pearls and diamonds, at the Iguatemi mall in Sao Paulo, Brazil. Inset, Robert Fayez Mouawad.
Photographs: Nacho Doce/Reuters

Prev     More