Billionaire Nicky Oppenheimer sold 40% of De Beers for $5.1 billion. All of it now fetches $1 billion
Nicky Oppenheimer sold the family's 40% stake in De Beers for $5.1 billion in 2011. Anglo is now selling 85% of it for about $1 billion.
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Nicky Oppenheimer sold the family's 40% stake in De Beers for $5.1 billion in 2011. Anglo is now selling 85% of it for about $1 billion.
Diamond heir Nicky Oppenheimer has moved to Africa's fourth-richest, worth about $10.6 billion, as the 2026 Forbes list reshuffles the continent's wealthiest.
Anglo-American considers listing De Beers as it exits diamonds, marking the end of a century-old partnership amid market turmoil and weak demand.
Anglo American plans to spin off De Beers by end of 2025, part of broader strategy to focus on high-growth commodities.
Oppenheimer’s net worth has surpassed $9 billion, as he joins the list of billionaires with impressive wealth gains this year.
Oppenheimer’s net worth has risen by $800 million since the start of the year.