Laurence Graff Net Worth, Age, Family & Biography $3.4 B Real Time Net Worth #198 in the world today

Avan Parvadiya — Thu, 04 May 2023 12:28:39 +0000

About Laurence Graff

Laurence Graff OBE is an English gem dealer and business tycoon financial specialist born in London. He is best known for starting Graff Diamonds, a high-end jewellery company that focuses on unusual and rare diamonds. More than 60 stores in Europe, Asia, the Americas, and the Middle East are part of Graff’s business empire. When Graff started working as an apprentice at a London jewellery store, he began developing a passion for diamonds at a young age.

Laurence tied the knot with Anne-Marie Graff in the year 1962.

Laurence Graff Family

In 1938, Graff was born in Stepney into a Jewish family. He was the son of a Russian father, Harry Graff, and a Romanian mother, Rebecca Segal. Raymond, his brother, was born in 1947. Empowering her child to gain proficiency with an exchange, Graff’s mom selected him for a gems-producing studio in London, and he passed on school at 14 to turn into an understudy.

Laurence Graff Career

He soon formed a partnership with Schindler, a jeweller, and they opened a small shop where they repaired rings and made small jewellery. When that shop closed, Graff started selling his designs for jewellery on his own to jewellers all over England. He had two jewellery stores by 1962, the first of which was in Hatton Garden.

Laurence established Graff Diamonds in 1960. He gave the English jeweller Robert Thomas the task of designing a diamond ring for the De Beers Diamond International Awards competition in 1966. The competition was won by the created ribbon bracelet. By 1974, he had begun to concentrate on selling to Middle Eastern buyers who had recently become wealthy. In the Birthday Honours of 2013, Graff was given the title of Officer of the Order of the British Empire (OBE) for his contributions to the jewellery industry.

Laurence Graff Facts

Graff bought the Wittelsbach Diamond in 2008 for £16.4 million, which was a lot more than the £9 million guide price. Almost two years later, Graff said that he had three diamond cutters polish the stone to get rid of chips and make it clearer. This made the diamond weigh 31 carats (6.2 g) instead of 35.52 carats (7.104 g).

Laurence Graff and Josephine Daniel attend the Art of Wishes Gala at Natural History Museum on October 11, 2021 in London, England.