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Article: Hearts and Diamonds

Article from:
The Jerusalem Report
Article date:
March 3, 2008
Author:
Copyright

What odds for the uneducated son of an Uzbeki mohel (ritual circumciser), dealt a poor hand at birth, becoming Israel's wealthiest person and among the world's top 200 wealthiest, by reinventing a major global industry? Minute, by all accounts - but Lev Leviev did it.

Lev ("heart" in Hebrew) Avnerovich Leviev owns LLD Ltd., which together with real estate giant Africa-Israel Ltd., gives him an estimated wealth of between $4 billion and $8 billion. LLD exported $522 million worth of diamonds last year, making it Israel's top diamond exporter.

Israel's diamond industry was born in Petah Tikva 70 years ago, cutting and polishing imported rough stones. Concentrated in Ramat Gan, it has always ...

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