A Diamond is Forever, but stock ownership is whole different ballgame
November 7, 2011 3:57 AM Subscribe
"A momentous and difficult decision for the family which has been in the diamond industry for more than 100 years and part of De Beers for over 80 years" ~ Nicky Oppenheimer, Chairman of De Beers on the recent announcement of selling the family's interest in De Beers to Anglo American and pulling out of the diamond business. The Oppenheimers may have ruled the roost for decades, but the company began with Cecil Rhodes, the English-born politician and entrepreneur who went on to found Rhodesia, which was renamed Zimbabwe in 1979 and the Rhodes scholarship scheme to Oxford University.
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