Nicholas "Nicky" F. Oppenheimer (born 8 June 1945) is a South African businessman, the chairman of the De Beers diamond mining company and its subsidiary, the Diamond Trading Company. He also has a large financial interest in the diversified mining company Anglo American. In 1999 he joined forces with two of his friends to form Greene and Partners Investments a venture capital firm which has funded a diversity of projects within South Africa and around Africa. In November 2011 the Oppenheimer family sold the entirety of their 40% stake in De Beers to Anglo American.
VENTURES AFRICA – 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. Ever the hard-headed businessman, however, Oppenheimer is already looking forward to new investments. He is worth a cool $6.5 billion. Tom Jackson looks at five of the lessons from his career.
Nicky Oppenheimer speaks on what the family is planning to do with the $5.1bn it will receive from Anglo American for its stake in De Beers
While tens of thousands stream into Hyde Park to watch the Live8 concert on giant screens today, in another part of London - 17 Charterhouse Street - there will be no excitement. It is the UK headquarters of Africa's most famous business, De Beers. Nicky Oppenheimer, chairman of the diamond group, believes the whole aid and debt cancellation mission of Bob Geldof and Tony Blair is misguided if not detrimental to the future of that continent.