South African Diamond Billionaire Launches Family Office in Singapore

The family office of Nicky Oppenheimer, former chairman of De Beers has launched a new family office in Singapore to boost investments between the region and Africa and promote it’s exposure to Asia. Nicky Oppenheimer, with his family office, Oppenheimer Generations, and his son Jonathan Oppenheimer will set up a unit in Singapore.

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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.

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