Tuesday, September 16, 2008

The Diamond Empire: Oppenheimer family's cartel, Artificial scarcity

http://en.wikipedia.org/wiki/Harry_Oppenheimer

Harry Frederick Oppenheimer (28 October 190819 August 2000) was a prominent South African businessman and one of the world's richest men. In 2004 he was voted 60th in the SABC3's Great South Africans.

The son of Sir Ernest Oppenheimer (died in Johannesburg in 1957. He was born Jewish but as an adult converted to Christianity and was buried at St George's Church, Parktown.), Harry was born to an assimilated Jewish family of German origins in Kimberley, the original centre for diamond mining in South Africa, and lived most of his life in Johannesburg. He had a formal Bar mitzvah ceremony in the Kimberley synagogue when he turned thirteen.

After completing his primary schooling in Johannesburg, he attended Charterhouse School in England, before going on to study at Christ Church, Oxford University, graduating in 1931 in Philosophy, Politics and Economics. When he married his wife Bridget, he chose to enter the Anglican Church, but remained a supporter of Jewish causes during his entire life. He authorized the flow of diamonds to Israel's important diamond-sorting and diamond-cutting industry.

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