What is Lev Leviev's Net Worth?
Lev Leviev is a Soviet-native Israeli businessman, philanthropist and investor who has a net worth of $1.5 Billion. Having acquired his fortune through his investments in the real estate, chemical and diamond industry, Leviev is now the Chairman of the board of directors and controlling shareholder in Africa Israel Investments Ltd. (AFI). As of November 2012, he has also been the executive chairman of the investment company AFI, which unfortunately is on the verge of insolvency. Also owner of several diamond mines in Africa and Russia, Leviev has as his major competitor the De Beers international diamond cartel. Actually, he even made a name for himself in the business undercutting the De Beers diamond cartel, concluding his own deals with diamond-producing countries like Russia and Angola.
However, a diamond king as he has become over the years, Leviev was sued by his former partner Arkady Gaydamak, who filed charges against Leviev that he owed Gaydamak $1 billion in commissions and dividends connected with Angolan diamonds. Luckily, the London court favored Leviev, ordering Gaydamak to pay Leviev's legal fees. Born Lev Avnerovich Leviev on July 30, 1956 in Tashkent, Uzbek SSR, Soviet Union, he is of Jewish ancestry. Thus, he is president of the Federation of Jewish Communities in Russia and has made major philanthropic donations for Hasidic Jewish causes in Eastern Europe and Israel. Currently based in London England, Lev is married and a father of nine children.
