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FB Roundup: Oppenheimer Generations, Fortescue Metals Group, The Ford Foundation

October 25, 2021

Oppenheimer family drives Asian investments with new Singapore family office, Mining magnate Andrew Forrest pushes green hydrogen, Ford Foundation to divest millions from fossil fuels.

Oppenheimer family drives Asian investments with new Singapore family office

The Oppenheimer family, heirs to the DeBeers diamond fortune, is the latest family enterprise to extend its family office into Singapore.

Sponsored feature: Unlocking the Diamond Economy

November 2, 2016

Derived from the Greek word adamas, meaning ‘indestructible’, diamonds have for thousands of years been revered for their aesthetic beauty, durability, and value.

Sponsored feature: The Tale of the Blue Moon Diamond

November 17, 2014

It’s like a fairy tale, but the story of the Blue Moon Diamond is true. In January of 2014, an extraordinary rock created approximately one billion years ago, in the depths of the earth was released from its long sleep from a half mile down in the darkness of the Cullinan Mine in South Africa.

Harry Winston buys flawless diamond for record price

May 16, 2013

Harry Winston, the luxury jewellery house recently acquired by family business Swatch Group, has paid a record price for a colourless diamond at auction in Geneva.

The pear-shaped 101.73-carat diamond sold for $26.7 million (€20.8 million) at Christie's Magnificent Jewels sale, where a total $102 million was raised and record prices were set for diamonds, pearls and sapphires.

The flawless diamond has now been named Winston Legacy after its new owner.

Oppenheimer diamond family’s exit from De Beers completed

August 17, 2012

The Oppenheimer family’s 80-plus years of involvement in diamond mining giant De Beers has now come to an end, following the completion of its share sale to Anglo American.

A statement by Anglo said the South African family has sold its 40% stake in De Beers to the UK-based miner in a deal valued at $5.2 billion (€4.22 billion).

First announced in November last year, the move takes Anglo’s stake in De Beers to 85%, while the remaining shares are held by the government of Botswana.

The man with the diamond touch

November 2, 2007

Laurence Graff is possibly the most important jeweller in the world today. However, as he engages in a significant expansion programme for the business, the size of his family is part of the challenge, as Claire Adler discovers…

Claire Adler is a London-based luxury goods journalist.