Monday, May 20, 2024
HomeProfileNicky Oppenheimer

Nicky Oppenheimer

Nicholas F. Oppenheimer (born 8 June 1945) aka Nicky Oppenheimer is a South African billionaire businessman. He was formerly the chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former deputy chairman of Anglo American. He is the third richest man in Africa.

Early life

Oppenheimer is the son of Bridget (née McCall) and Harry Oppenheimer, and grandson of Anglo American founder Ernest Oppenheimer (the first generation to chair De Beers, from 1929). His father was of German Jewish descent. He was educated at Ludgrove SchoolHarrow School and Christ Church, Oxford, where he read Philosophy, Politics and Economics, earning an Oxford MA.

Business career

Oppenheimer joined Anglo American in 1968, was appointed a director in 1974, then became deputy chairman in 1983. He resigned in 2001, remaining a non-executive director until 2011.

He was appointed deputy chairman of the then Central Selling Organisation (now Diamond Trading Company) in 1984, and deputy chairman of De Beers Consolidated Mines in 1985. He was also appointed chairman of the Diamond Trading Company in 1985. Chairman of the De Beers Group from 1998 to 2012, he retired when the family stake was sold to Anglo American

Oppenheimer appeared on the Sunday Times Rich List 2018 as the 23rd richest person in the United Kingdom, with a reported fortune of £5.5 billion. He was ranked as the richest person in South Africa on Forbes list of The World’s Billionaires for 2019, with a fortune reported as US$7.3 billion and, again, on its 2020 list, with a reported fortune of US$7.6 billion in August 2020.

Philanthropy

The Oppenheimer family has directed much of its philanthropic efforts towards preserving the heritage and cultural importance of the Southern African region, as well as to broader community upliftment in the areas of education, health, nature conservation and the arts. Nicky Oppenheimer and his son Jonathan Oppenheimer established the Brenthurst Foundation in 2005 as a way to contribute to the debate around strategies and policies for strengthening Africa’s economic performance and enabling inclusive and sustainable development.

The family has also long been involved in environmental and conservation issues. The Oppenheimer family partnered with De Beers to establish the Diamond Route in 2006 to maximise the potential of their properties for conservation, research and environmental awareness purposes. The Diamond Route links 8 sites across northern South Africa, stretching from Namaqualand on the west coast, to Kimberley, north to Tswalu in the Kalahari, and to the Brenthurst Gardens in Johannesburg, eastwards to Ezemvelo Nature Reserve and northwards to the Venetia Limpopo Nature Reserve in Limpopo Province. Since 2015 Oppenheimer is also a Rhodes Trustee.

Awards

In 2003, the Technikon Witwatersrand awarded Oppenheimer an honorary doctorate. He received the Presidential Order of Honor (2004) from the former President of Botswana, Festus Mogae,[15] and an honorary fellowship (2009) from the London Business School.[16]

Personal life

In 1968, he married Orcillia “Strilli” Lasch, daughter of industrial tycoon Helli Lasch; both are Anglican. His father was born Jewish and converted to Anglicanism.[17]

Publications

  • Over, Luke; Oppenheimer, Nicky; Tyrrell, Chris (illustrator) (2001). Waltham Place: and its Surrounding ParishISBN 0-9541669-0-6.

Follow us on Twitter. Send us a secure tip

- A word from our sponsors -

Most Popular

Previous article
Next article

More from Author

Angola’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Here's a look at Angola's wealthiest individuals in 2024, highlighting the...

Algeria’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Algeria, with its significant oil and gas reserves, has a group...

Ethiopias’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Ethiopia, known for its rich cultural heritage, is also home to...

- A word from our sponsors -

The Call for Socio-Economic Transformation in Africa: President Museveni’s Vision for the Future

Rethinking Development: Museveni's Call for a Transformative ApproachIn a world where the dialogue on development often swirls around the ideals of sustainability and equilibrium, President Yoweri Museveni of Uganda presents a compelling alternative that calls for immediate, radical change. His candid thoughts, expressed during a gathering of...

The Inauguration of Nakivubo Stadium: Celebrating Ugandan Ingenuity and Ambition

Join the celebration of Nakivubo Stadium's significant reopening, endorsed by President Museveni and spearheaded by the entrepreneurial Hamis Kiggundu. A landmark moment for sports, the local economy, and urban innovation in Kampala.The Renaissance of Nakivubo Stadium: Celebrating Ugandan Ingenuity and AmbitionUganda's heart swelled with pride as President...

Le Rwanda accueillera la 43ème Assemblée Générale de la Banque de Développement Shelter Afrique qui se tiendra du juin 2024

L'événement qui réunira les Actionnaires de 44 États membres constituera une étape importante dans la consolidation de la transformation de la BDShaf.Kigali : 23 avril 2024 - Le Rwanda accueillera la 43ème Assemblée Générale Annuelle (AGA) de la Banque de Développement Shelter Afrique (BDShaf) en juin à Kigali, a...

Angola’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Here's a look at Angola's wealthiest individuals in 2024, highlighting the top entrepreneurs and business magnates who are shaping the country's economic landscape. This list is current for 2024 and excludes Isabel Dos Santos, focusing on the new and prevailing forces in Angola's billionaire circle.Angola’s Billionaire Elite:...

Discover the Ultimate Road Companion: Nissan Caravan Now Available in Mombasa, Kenya

Are you on the hunt for a vehicle that combines robust performance with spacious comfort? Look no further than the Nissan Caravan, currently on offer in the bustling city of Mombasa, Kenya. Ideal for businesses requiring cargo transport, groups seeking adventure, or families needing extra space, the...

Algeria’s Billionaire Elite: Unveiling the Top 10 Wealthiest Moguls in 2024

Algeria, with its significant oil and gas reserves, has a group of wealthy individuals whose influence spans across various industries including construction, manufacturing, food, and pharmaceuticals. Here is a table summarizing the top 10 wealthiest individuals in Algeria as of 2024:As of 2024, here is the latest...