Age, Biography and Wiki

Lev Avnerovich Leviev is a Russian-Israeli billionaire businessman and philanthropist. He is the founder and chairman of the international holding company AFIMALL Group, which has interests in diamonds, real estate, construction, energy, and media. He is also the founder of the Leviev Group, which is active in the diamond industry. Leviev was born in Samarkand, Uzbekistan, and moved to Israel in 1971. He studied at the Technion Institute of Technology in Haifa, and later worked as a diamond trader in Antwerp, Belgium. In 1989, he founded the Leviev Group, which became one of the world's leading diamond companies. Leviev is estimated to have a net worth of $4.2 billion, making him one of the wealthiest people in Israel. He is also a major philanthropist, donating to a variety of causes, including Jewish education, health care, and social welfare.

We recommend you to check the complete list of Famous People born on 30 July. He is a member of famous Businessman with the age 67 years old group. He one of the Richest Businessman who was born in Uzbekistan.

Lev Avnerovich Leviev Height, Weight & Measurements

At 67 years old, Lev Avnerovich Leviev height not available right now. We will update Lev Avnerovich Leviev's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Who Is Lev Avnerovich Leviev's Wife?

His wife is Olga Leviev

Lev Avnerovich Leviev Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Lev Avnerovich Leviev worth at the age of 67 years old? Lev Avnerovich Leviev’s income source is mostly from being a successful Businessman. He is from Uzbekistan. We have estimated Lev Avnerovich Leviev's net worth , money, salary, income, and assets.

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Timeline

Leviev is involved in the construction of Israeli settlements in the West Bank. Leviev’s Danya Cebus company, a subsidiary of Africa-Israel, subcontracted the construction of Mattityahu East to Shaya Boymelgreen. Danya Cebus is also building part of Har Homa and Maale Adumim. In 1999, Leviev's company Danya Cebus announced plans to build new homes in the settlement of Ariel. Through another subsidiary, LIDAR, Leviev appears to be the sole realtor-developer of the settlement of Zufim.

In December 2018, the Luaxe kimberlite deposit named Luele, which is only 25 kilometers from the Catoca mine, will be developed by the Catoca Mining Company which is owned by Endiama and Alrosa each with 41% stake and the Lev Leviev International Holding BV with an 18% stake. Catoca Mining has a 50.5% stake in the Luaxe deposit and expects to begin industrial production at Luaxe after 2020. With its headquarters at Saurimo, Lunda Sul province, the Catoca Mining Company is the fourth largest producer of diamonds in the world and produces 86.3% by volume and 60.3% by monetary value of Angolan diamonds. VTB will finance the development of Luele which is one of the largest diamond deposits in the world and is expected to more than double Angola's diamond output by 2022.

On November 6, 2018, Lev Leviev's sons, Zevulun and Moshe, were arrested in Israel for suspected illegal diamond smuggling from Russia to Israel through LLD Diamonds.

According to an article published in The Guardian on July 24, 2017, Donald Trump’s son-in-law, Jared Kushner sealed a real estate deal in 2015 worth $295 million to purchase space in the former New York Times Building on 43rd Street near Times Square from Lev Avnerovich Leviev's firms Africa Israel Investments and Five Mile Capital. Later, in October 2016, Kushner used this space as a basis for a $285 million loan from Deutsche Bank. The ties between Trump family real estate deals and Russian money interests attracted the justice department’s special counsel, Robert Mueller while Mueller was investigating alleged Russia interference in the 2016 presidential election.

In 2016, Africa Israel Investments sought a second debt settlement. In a recorded conversation that was leaked to Israel Channel 10 News, Lev Leviev is heard saying: "I shit on every bank, but they haven't been able to make me move a centimeter because I don't owe any of them money, to no bank in the world. I piss on every bank from above, even Rakefet" (referring to Bank Leumi CEO Rakefet Russak-Aminoach)

The surge in diamond price in 2011 has caused diamond rushes in lesser known areas. It gave Leviev the chance to finally break into the US diamond market, giving birth to new towns all over Alaska. Leviev was recently quoted as saying: “This stampede for diamonds is now making one of the loneliest regions a bit noisier, and a whole lot wealthier.” In the Northwest Territories, companies are extracting the equivalent of a coffee can full of diamonds each day. The gems within that can are collectively worth $1.4 million. Leviev sees this new rush in the Alaska region as a new great addition to his already successful diamond empire. The mine which Leviev has procured has a 10-year mining license and has already been successful for the past 5 years. Some investors also claim that the takeover of this mine was due to Levievs strong government connections and an unknown Texan company.

In April 2009, following public pressure for a boycott, the UK Foreign and Commonwealth Office announced that it would not be renting its Tel Aviv embassy from Leviev's Africa-Israel company.

Following the Financial crisis of 2007–2008, Africa Israel Investments was hurt by the drop of real estate values in the United States, Russia and eastern Europe. It defaulted on a series of bonds and in 2010 it restructured 7.4 billion shekels of debt.

Leviev moved to Hampstead, London, with his wife Olga, son Joshua and their daughter, Ruthie, in 2007. As a keen follower of golf, Leviev also maintains a house in the beach resort of Ponte Vedra, Florida. As of 2018, Leviev lives in Russia.

Leviev is an investor in the diamond industry, real estate and chemicals. By an agreement, signed in October 2006, Leviev hoped to get into the incarceration business, as a concessionaire for the first private prison in Israel. However, in September 2009, the Israeli High Court of Justice declared private prisons unconstitutional in Israel.

In 2005, Africa-Israel completed a $230 million 5,800-apartment project in Modi'in Illit, an ultra-Orthodox settlement in the West Bank. In early 2007, Africa-Israel opened a luxury jewelry store on Old Bond Street in London and was considering plans to invest billions in the Far East, Argentina, Brazil and Russia. Soon thereafter the global sub-prime mortgage crisis broke, and the value of Africa-Israel's real estate investments plummeted, particularly in New York, where it had invested heavily.

As De Beers came under fire during the blood diamonds furor, Leviev increasingly came to dominate the legal Angola diamond market through the Angola Selling Corporation (Ascorp) formed in early 2000 in which the Angolan government maintains half the stake in Ascorp and Leviev and the Omega Diamonds of Antwerp, Belgium, each have about a quarter stake in Ascorp. At the same time, all contracts signed with Angola Exploration, Exploitation, Lapidation and Trading Company of Diamonds (Endiama), Angola's state owned diamond marketing company, were declared void which hastened De Beers exit from Angola and thus allowed Leviev to gain a large stake in Angolan diamonds. Leviev says he presented Angola with a plan to reduce smuggling and increase revenue by funneling diamonds through only one source, while others claim the deal was clinched through Leviev’s connections with obscure Russian businessmen. Leviev focuses on the benefits his company brings Angola, arguing that before his involvement in 1998, Angola’s tax revenue from diamonds was under $10 million but rose to $49 million by 2001: “The government of Angola has obviously profited from this venture.” When critics query how his company benefits not just the government but the people of Angola, he answers that the Leviev Group's heavy investments in Angolan diamonds "will change the informal way of doing business into a more formalized, educated system that helps individual families... We want to help people who work with their hands. We want Angolans to develop many different new skills.” New York Magazine reported in 2007 that a security company hired by Leviev had been accused by a local human rights group that year "of participating in practices of 'humiliation, whipping, torture, sexual abuse, and, in some cases, assassinations.' Leviev did not directly respond to the charges, but noted his charitable activities in Angola. Both Isabel dos Santos and Leviev, who has a majority ownership, are partners in Angola's first and, at the time, only kimberlite mine at Catoca in the Cuango Valley. In 2014, the Catoca mine was owned by Alrosa with a 32.8% stake, Angolan government holding a 32.8% stake, and Lev Leviev International (LLI) with an 18% stake, and Odebrecht holding a 16.4% stake.

Leviev organized the Federation of Jewish Communities of Russia (FEOR) (Russian: Федерацию Еврейских Общин России (ФЕОР) ) in 1997 as a pro-Putin organization for Russian Jews in order to counter the Russian Jewish Congress (REC) (Russian: Российский Еврейский Конгресс (РЕК) ) which was formed by Vladimir Gusinsky in 1996 as an organization for Russian Jews that became highly critical of Putin.

Additionally, he is an international investor in residential real estate, shopping malls, energy, fashion, telecommunications, and media. Leviev had purchased 60% of the company in 1996 for $400 million. By 2007 it had swelled to $8 billion in market value. With the onset of the 2007–2008 global financial crisis the value of the company plunged, with company debt reportedly totalling $5.5 billion in September 2009.

Shortly afterwards, Leviev began to work as an apprentice in a diamond polishing plant, learning the 11 steps of the diamond cutting process. After serving in the communications directorate of the Israel Defense Forces, he established his own diamond polishing plant. In 1992, he moved to Russia and purchased Russia's oldest jewelry factory, Ruis Diamonds Ltd. of Moscow which specializes in fancy cutting and high-end ideal cuts of larger diamonds and competes with Smolensk Cristal, and the Moscow Jewelry Factory (Russian: Московский ювелирный завод (МЮЗ) ). Valery Rudakov (Russian: Валерий Владимирович Рудаков ), a representative with the Main Directorate of Precious Metals and Diamonds (Glavalmazzolot) and the former head of the Yakutskalmaz trust, facilitated Leviev's ownership of Ruis Diamonds.

After the Revolutions of 1989, Leviev expanded his business endeavors into Eastern Europe and the former Soviet Union. He received the blessings for success in business and personal support of the Lubavitcher Rebbe, Rabbi Menachem Schneerson for his philanthropic activities, which include "an army of some 10,000 Jewish functionaries from Ukraine to Azerbaijan, including 300 rabbis. Most of the 300 rabbis are Chabadniks" - adherents of the Brooklyn-based Chabad Hasidic group. In particular he sponsors many of the activities of the Jewish Learning Initiative.

Lev Leviev (born July 30, 1956) is an Israeli businessman, philanthropist and investor, of Uzbek Bukhari Jewish background, Known as the "King of Diamonds". Lev Leviev has a net worth of $1.0 billion as of March 2018, and has been a philanthropist for Hasidic Jewish causes in Eastern Europe and Israel. Beginning in the 1990s, Leviev avoided being directly involved with the Yeltsin family, and nurtured ties with Vladimir Putin. His diamond mining investments in Angola and his investments in Israeli settlements have been the target of protests. A prominent member of the Bukhari Jewish community, he is president of the World Congress of Bukharian Jews.

Leviev was born in Samarkand, Uzbek SSR in 1956. His family moved to Israel in 1971 where he lived until 2007 when he moved to London. As of 2018, he lives in Russia. His parents, Avner and Chana Leviev, were prominent members of the Bukharian Jewish community, and Leviev is a practicing Orthodox Jew. He is a supporter of the Chabad movement, but as a Bukharan Jew he was brought up in the Bukharan liturgy. In 1971, when he was fifteen, his family emigrated from Uzbekistan to Israel.

In 2013, the Norwegian finance ministry, after a review of Africa-Israel's activities, announced that Norway's oil fund was now allowed to re-invest in Africa-Israel. However, on 30.01.2014 Africa Israel Investments Ltd was placed on the exclusion list, based on "Serious violations of individuals' rights in situations of war or conflict", and has remained there since.