About Nicky Oppenheimer
Nicky Oppenheimer is a South African billionaire businessman and philanthropist, known for his role in the diamond industry. He was the chairman of De Beers and its subsidiary.
| Legal Name | Nicholas Frank Oppenheimer |
|---|---|
| Born | June 8, 1945 (Age 79 Years) |
Background
Nicky Oppenheimer is a South African businessman and philanthropist. He was born on June 8, 1945, into the wealthy and influential Oppenheimer family. His grandfather, Ernest Oppenheimer, was a key figure in the diamond and gold mining industries, founding Anglo American and leading De Beers. His father, Harry Oppenheimer, also played a significant role in the family business. The Oppenheimer family controlled the global diamond trade for much of the 20th century through De Beers.
Education & Career
Nicky Oppenheimer attended Harrow School in the United Kingdom before studying at Christ Church, Oxford. He earned a degree in Philosophy, Politics, and Economics (PPE). After completing his education, he joined the family business, working at Anglo American before becoming more involved with De Beers.
He became the chairman of De Beers and its subsidiary, the Diamond Trading Company, leading the company for many years. Under his leadership, De Beers maintained its position as a dominant force in the diamond industry. In 2012, Oppenheimer sold the family's remaining 40% stake in De Beers to Anglo American for $5.1 billion, marking the end of the Oppenheimer family's direct involvement in the diamond trade.
Business Ventures
After exiting the diamond industry, Nicky Oppenheimer focused on private investment through his company, Oppenheimer Generations. The firm invests in various industries, including agriculture, property, and venture capital, both in Africa and internationally.
Philanthropy & Conservation
Oppenheimer has been involved in various philanthropic activities, particularly in conservation and education. Through the Oppenheimer Generations initiative, he supports environmental projects aimed at preserving Africa’s natural landscapes. He also backs educational programs and entrepreneurship initiatives that promote economic growth on the continent.
One of his notable projects is the Tswalu Kalahari Reserve, a private conservation area in South Africa dedicated to protecting biodiversity and supporting sustainable tourism.
Personal Life
Nicky Oppenheimer is married to Orcillia "Strilli" Oppenheimer, and they have one son, Jonathan Oppenheimer, who is also involved in business and philanthropy. Despite his wealth, he tends to keep a low public profile and focuses on his investments and charitable activities.
Legacy
As a member of one of South Africa’s most influential families, Nicky Oppenheimer played a significant role in the country’s mining and business landscape. His decision to sell the De Beers stake marked a shift in the global diamond industry. Today, he continues to influence business and philanthropy, particularly in Africa, through his investments and conservation efforts.