06 Jul 2015

Diamonds: The Best Friends of Ultra Wealthy Investors

The diamond industry is notoriously secretive. Some of the world’s leading diamond dealers are largely unknown, including Indian companies Rosey Blue and EuroStar, Israel’s Leo Schacter and Lev Leviev, and Russian-government-backed miner Alrosa. Their clients, who are among the wealthiest and most secretive individuals in the world, prefer to keep low profiles.

“The market is very un-transparent and revolves around a very small, closed community,” said John France, a jeweller in Milan who sells diamonds to the ultra wealthy.

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wealth-xOriginally published by Wealth-X
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