Word: barnato
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Dates: during 1930-1939
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Diamond men reviewing these statistics last week had every reason to be well pleased. Of these none should have been more so than Solomon ("Solly") Barnato Joel, ringleader and probably richest of the tycoons who form the Diamond Syndicate which, as everyone knows, controls the price and production of almost all the world's diamonds. But though Solly Joel may well have rejoiced in his 1929 profits he could not have forgotten that less than a month ago his Diamond Syndicate was ordered by the British Government to pay ?350,000 to a suing company. No matter how rich...
Most picturesque of diamond tycoons is Solly Joel. He and his two brothers, Jack and Woolf, left London's Petticoat Lane (now officially known as Middlesex Street) some 50 years ago, went diamond hunting in South Africa. Their maternal uncles, Harry and Barney Barnato had preceded them, had somehow garnered a few thousand pounds, bought some claims at Kimberley. Shortly thereafter the Barnatos and the Joels found themselves in the eclectic company of world's richest men. In 1884 Brother Jack was involved in the Illicit Buying Case, jumped bail in South Africa, returned to England where...