Dan Gertler
Israeli Diamond Tycoon

A grandson of the first president and cofounder of the Israeli Diamond Exchange Moshe Schnitzer, Dan Gertler was born in Israel in 1973. He grew up learning the diamond trade from his father and grandfather. He opened his own diamond business after completing his mandatory service in the Israeli Defense Forces.

In 1996, he founded The Dan Gertler International (DGI) group of companies. He also owns Fleurtte Properties, which is based in Gibraltar. Fleurtte Properties has about 60 holding companies in exotic offshore locations such as The Virgin Islands.

His family trust was a major shareholder of Prairie International Ltd in 2007. Prairie International owns Tremal Ltd, which in turn owns 80% of Savannah Mining. Savannah Mining is the owner of half of the copper and cobalt operation Mukondo as well as concessions in Katanga, Democratic Republic of Congo.

Gertler owned Camrose Resources Ltd. Its assets included a 60% stake in Africo Resources, listed in Canada and held 75% interest in the Kalukundi exploitation license as well as an indirect 56% interest in Comide Sprl. In 2010, it acquired Highwind Group, based in The Virgin Islands, which owned the exploitation license for Kolwezi tailings site. In 2010, The Eurasian National Resources Corporation (ENRC) assumed joint control of the Kolwezi project. Later that year, they acquired majority stake in Camrose and eventually bought out the whole company.

Together with his family, Gertler also has stakes in companies such as Tremalt Ltd, DEM Mining, Global Enterprises Corporate (GEC), Nikanor PLC Copper, Catela Global, Emerald Star Enterprises Limited, Rowny Assets Limited, and Biko Invest Corporation BVI, Emaxon Finance International Inc. and International Diamond Industries-Congo (IDI-Congo).

Despite the controversy surrounding his operations in DRC, his large interests in minerals and his partnership with fellow Israeli billionaire Beny Steinmetz has given him a net worth of $2.2 billion.

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