How Did Nicky Oppenheimer Make His Money Mentioning how Nicky Oppenheimer made his money would not be complete without earmarking his mining and Diamond industry background In 2012 after an 85 year hold of the top spot of the world s biggest Diamond Company by the Oppenheimer Family Nicky sold his 40 stake in DeBeers to Anglo American mining group for 5 2 billion It is worth
Nicky s father Harry was the chairman of De Beers and the mining giant Anglo American He was in charge of the world s largest coal diamonds gold and platinum suppliers Nicky Oppenheimer decided to sell 40 of DeBeers to Anglo in 2012 which raised 5 2 billion in cash He started Fireblade Aviation in 2014 which operates chartered Nicky Oppenheimer South Africa s second richest individual has reshaped the diamond industry and carved his path as a successful businessman ranking as the world s 222nd richest person with a personal fortune of 10 2 billion according to Bloomberg Billionaires Index Born into the Oppenheimer family Nicky joined Anglo American the mining conglomerate founded by his grandfather in 1968
How Did Nicky Oppenheimer Make His Money
How Did Nicky Oppenheimer Make His Money
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Nicky Oppenheimer Age Children Wife Education Businesses Charity
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Nicky Oppenheimer family 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 The Oppenheimer family sold their remaining 40 percent stake in De Beers to Anglo American for 5 2 billion in August 2012 ending the diamond dynasty s 80 year ownership Oppenheimer told
Nicky Oppenheimer has a net worth of in excess of 8 4 billion as of 2023 which makes him one of the richest men in South Africa Johann Rupert whose net worth is 10 8 billion has taken over as South African billionaire Nicky Oppenheimer has seen his net worth increase by 400 million since the start of 2022 thanks to a sustained increase in the value of his private equity investments Oppenheimer is South Africa s second richest man trailing only luxury tycoon Johann Rupert He is one of the few African billionaires whose wealth
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Nicholas Frank Oppenheimer 53 also known as Nicky or N F O or the Cuban because of his beard became chairman of De Beers a year ago and in November opened its new headquarters outside Nicky Oppenheimer chairman of De Beers discusses how business can contribute to sustainable growth and development on the continent as well as the importance of diversifying Africa s economic base
Nicky Oppenheimer declined to give details of the family discussions but said the sale was a decision taken unanimously and the family would continue to manage its wealth actively Nicky Oppenheimer told South Africa s Mining Weekly trade publication last month that relaxing is his hobby And when asked what his personal best achievement was he replied Choosing my parents
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How Did Nicky Oppenheimer Make His Money - Last November South African diamond magnate Nicky Oppenheimer made the momentous decision to sell the 40 per cent stake in De Beer s the largest diamond producer in the world Anglo American s 5 1 billion takeover will end the control of the Oppenheimer family over De Beer s which began when his grandfather Ernest took over the firm in 1927