Diamantaires top Forbes billionaires list

Forbes Magazine released its annual list of the worlds billionaires recently, revealing the financial standing of some of the worlds top diamantaires.

Nicky Oppenheimer and his family took the top spot among them and ranked  position 154 on the overall Forbes list, followed by Laurence Graff  ranked at 374, Beny Steinmetz at  position 488 and Lev Leviev at  number 655.

Oppenheimer, who ranked 98 on last year’s list, has a net worth of $5 billion. His fortune, which is largely based on his family’s longtime holding in diamond giant  De Beers, remained intact during a tough year the company experienced.  Despite posting a net loss of $220 million in 2009, cutting costs has allowed De Beers to remain cash positive.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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