The Oppenheimer family is an Anglo–South African family best known for its longtime control of Anglo American and De Beers. [1] Ernest Oppenheimer, a German immigrant to Britain and later to South Africa, founded the Anglo American Corporation in 1917 …

Nicholas F. Oppenheimer (born 8 June 1945) is a South African billionaire businessman. He was formerly the chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former deputy chairman of Anglo American.

In 2011, Anglo American took control of De Beers after buying the Oppenheimers' family stake of 40% for US$5.1 billion (£3.2 billion) and increasing its stake to 85%, ending the 80-year Oppenheimer control of the company. [12]

Jan 11, 2012 · The Oppenheimer clan had controlled De Beers, the world’s most important diamond mining and marketing firm, since the late 1920s. In many ways, they created the diamond as we know it today—as...

Anglo American, shareholders in De Beers since 1926, acquire the Oppenheimer family’s shares in the company. A year later, De Beers becomes part of the Anglo American plc group.

Jul 24, 2023 · No, there is no familial relation between Nicky Oppenheimer and Robert Oppenheimer. Credible sources fail to establish any connection between these two individuals. The two prominent personalities, despite sharing German-Jewish heritage, do not have any direct genealogical ties.

4 days ago · Nicky Oppenheimer, heir to the De Beers diamond fortune, sold his 40% of the firm to mining group Anglo American for $5.1 billion in cash in 2012. He was the third generation of his family to...

Nov 4, 2011 · in a stunning and historic announcement that ends an 85-year-old dynasty, the oppenheimer family has sold its 40 percent stake in de beers to the diamond giant’s one-time sister company, anglo american, for $5.1 billion.

Jul 16, 2024 · His grandfather, Ernest Oppenheimer, founded the Anglo-American Corporation of South Africa in 1917 and later took control of De Beers. By the time Ernest died in 1957, Anglo-American had become the world’s largest producer of gold, while De Beers commanded 90% of the world’s diamond trade.

Feb 4, 2025 · Anglo American Plc, led by South African executive Duncan Wanblad, is moving forward with plans to spin off its De Beers diamond business. The decision comes more than 12 years after Anglo took full control of the storied miner …