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April 25, 2014 / 25 Nisan, 5774
At a Glance

Posts Tagged ‘diamonds’

Indian National Caught with Smuggled Diamonds in His Underwear

Tuesday, April 8th, 2014

Israeli officials at a Jordanian border crossing have arrested an Indian tourist who literally was caught with his pants down, exposing smuggled diamonds and gold worth hundreds of thousands of dollars.

Customs officials apparently did not have any advance knowledge of the smuggling attempt but noticed that the man showed discomfort from his clothing.

A detailed search turned up gold in the tourist’s toothbrush holder and approximately 150 carats of diamonds in his underwear. The smuggler admitted he intended to sell the diamonds in Israel.

Robertson: Jews Too Busy ‘Polishing Diamonds’

Tuesday, April 1st, 2014

Televangelist Pat Robertson said Jews are too busy “polishing diamonds” to do weekend chores.

Conservative activist Rabbi Daniel Lapin appeared on the “700 Club” Monday with Robertson to discuss what makes Jews successful.

“What is it about Jewish people that make them prosper financially? You almost never find Jews tinkering with their cars on the weekends or mowing their lawns. That’s what Daniel Lapin says and there’s a very good reason for that, and it lies within the business secrets of the Bible,” Robertson said in introducing the rabbi.

Lapin was on the show to promote his book “Thou Shall Prosper,” which, according to his website, discusses “why Jews throughout the ages flourish economically,” and “how you can benefit from this Jewish wisdom.”

“When you correctly said in Jewish neighborhoods you do not find Jews lying under their cars on Sunday afternoons, no, I pay one of the best mechanics around to take care of my BMW, I’d be crazy to take my time doing it myself,” Lapin said during the interview. Robertson followed Lapin’s explanation with the crack that Jews were polishing diamonds instead of fixing their cars.

Police Raid Israeli Diamond Billionaire’s Geneva home

Thursday, September 12th, 2013

Swiss police staged a mysterious raid on the Geneva home Israeli diamond billionaire Benny Steinmetz, according to an anonymous source close to the incident and who was quoted by Bloomberg News.

Geneva’s public prosecutor reportedly ordered the raid on the basis of a request by the Guinea government, but no one is making any comments or explaining why the raid took place.

Police did not confiscate nay documents.

Steinmetz’s BSG Resources mining company owns 51% of the Simandou iron ore deposit in Guinea, which is reviewing mining license. A U.S. grand jury in April began investigating allegations that Steinmetz’s BSG company paid bribes for mining rights in Guinea.

Israel Shows Off $2 Billion in Precious Gems at Exhibition

Thursday, August 29th, 2013

The Israel Diamond Exchange hosted a four-day event this week, exhibiting $2 billion worth of diamonds and executing sales in the hundreds of millions of dollars.

More than 40 lots of diamonds and precious stones were sold for more than $1 million, and one auction sale fetched $168,000 for a pair of pear-shaped emeralds from Zambia, according to the Israel Diamond Institute.

Hundreds of companies from around the world attended the show, feeding the Diamond Exchange’s hopes to increase trading that already has a turnover of approximately $25 billion a year.

Reuven Kaufman, president of the Diamond Dealers Club, the largest trading center in the United States, told Reuters, that he thinks trading at the Israeli exchange will increase. “There is more confidence in America today. They feel America’s coming back. I think because of that we’ll see a good Christmas season,” he said.

 

Cannes Heist Nets $53 Million of Lev Leviev’s Jewels

Sunday, July 28th, 2013

A masked gunman stole $53 million worth of diamonds and jewels owned by Israeli billionaire Lev Leviev from an exhibition at a luxury resort in Cannes Sunday afternoon after threatening the exhibition staff and visitors at the Carlton Hotel.

He filled a briefcase with the jewels and fled in what could be among the largest jewelry heists in France if the value of the jewels is as reported, according to the BBC.

Leviev, 57, a Soviet-born Israeli Jewish businessman and philanthropist, owns diamond mines in Russia and Africa.

Israel Ranks 10th in Number of Millionaires per Capita

Sunday, June 2nd, 2013

Israel is the home to 84,000 millionaires, putting it in 10th place in the world’s ranking of the number of millionaires as a percentage of the number of households, according to The Boston Consulting Group, in its report “Maintaining Momentum in a Complex World: Global Wealth 2013.”

In percentage term, there is a millionaire in one of every 92 households

“Israel had about 84,000 millionaire households in 2012, and there are plenty of thriving businesses here to keep them afloat, from booming technology companies to exploiters of natural gas fields,” according to the report.

It noted that Israel is a large exporter of diamonds and agricultural products.

The Boston Consulting Group reported that global household wealth grew by 7.8% in 2012, to $135.5 trillion, double the 3.6% growth in 2011 in the aftermath of the financial crisis.

Qatar topped the rankings with 50,000 millionaire households, 14.3% of all households, out of a population of 2 million. It was followed by Switzerland, Kuwait, Hong Kong, and Singapore

The United States, with 5.87 million millionaire households, has the largest number of such households, amounting to 4.9% of all households.

Printed from: http://www.jewishpress.com/news/breaking-news/israel-ranks-10th-in-number-of-millionaires-per-capita/2013/06/02/

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