Lev Leviev: The Man Behind The Diamonds

How Much is Lev Leviev Worth?

Meet Lev Leviev, a powerhouse in the world of business, with a net worth of an impressive $1.5 billion. Born in the Soviet Union but now calling Israel home, Leviev has built his fortune through shrewd investments in real estate, chemicals, and, most notably, diamonds. He currently serves as the Chairman of the board of directors and controlling shareholder in Africa Israel Investments Ltd. (AFI). As of November 2012, he also took on the role of executive chairman of the investment company AFI, although the company has faced financial struggles over the years.

Lev Leviev's influence in the diamond industry is nothing short of remarkable. He owns several diamond mines across Africa and Russia, making him a major player in the global diamond market. His rise to prominence came through challenging the dominance of the De Beers diamond cartel. By forging direct deals with diamond-producing nations such as Russia and Angola, Leviev carved out his own niche in the industry. This bold move not only disrupted the traditional power structure but also established him as a formidable competitor in the world of luxury goods.

Despite his success, Leviev hasn’t been without his share of controversies. A legal battle with his former partner, Arkady Gaydamak, saw the latter accuse Leviev of owing him $1 billion in commissions and dividends tied to Angolan diamonds. Fortunately for Leviev, the London court ruled in his favor, ordering Gaydamak to cover Leviev’s legal fees. Born Lev Avnerovich Leviev on July 30, 1956, in Tashkent, Uzbek SSR, Soviet Union, he comes from a Jewish background. This heritage has shaped much of his personal and professional life, leading him to become the president of the Federation of Jewish Communities in Russia. His philanthropy extends to supporting Hasidic Jewish causes in both Eastern Europe and Israel.

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From Tashkent to London: Lev Leviev’s Journey

Lev Leviev’s journey is as fascinating as it is inspiring. Originally from Tashkent, he grew up in the Soviet Union before emigrating to Israel. This move wasn’t just a geographical shift—it marked the beginning of his transformation into one of the world’s most successful businessmen. Today, Leviev resides in London, where he continues to expand his business empire while maintaining strong ties to his roots.

His personal life is equally intriguing. Leviev is married and has nine children, a testament to his commitment to family despite his demanding career. His ability to balance business success with personal fulfillment is a quality that many admire. Leviev’s story is one of resilience, innovation, and an unwavering commitment to excellence, making him a true icon in the world of business and beyond.

Lev Leviev’s Legacy in Philanthropy

Beyond his business achievements, Lev Leviev is renowned for his philanthropic endeavors. As president of the Federation of Jewish Communities in Russia, he has dedicated significant resources to supporting Jewish communities across Eastern Europe and Israel. His generosity extends to Hasidic Jewish causes, where his contributions have made a profound impact. Through his efforts, Leviev has not only amassed wealth but also left a lasting legacy of compassion and community support.

Lev Leviev’s life is a testament to the power of vision, determination, and the ability to adapt to changing circumstances. Whether in the boardroom or the courtroom, Leviev has consistently demonstrated the qualities that make him a standout figure in the global business landscape. His story continues to inspire countless individuals around the world.