Lev Leviev

Lev Avnerovich Leviev (born July 30, 1956) is a Soviet-born Israeli businessman, philanthropist and investor. With a net worth of roughly $12 billion following the 2008 global financial crisis. Leviev is one of the most prominent Mizrahi Jewish individuals in the world and has been a major 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.

Personal life
Leviev was born in Tashkent, Uzbek SSR in 1956, and today lives in London and Israel. His parents, Avner and Chana Leviev, were prominent members of the Bukharian Jewish community, and Leviev is a practicing Orthodox Jew. He is a follower of the Chabad Hassidic movement although he is a Sephardic Jew. In 1971, when he was fifteen, his family emigrated from Uzbekistan to Israel. 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 Israel Defense Forces, he established his own diamond polishing plant.

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.

Leviev moved to Hampstead, London, with his wife Olga, son Asher 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. The value of the company plunged with the onset of the 2007–2008 global financial crisis, with company debt reportedly totalling $5.5 billion in September 2009. 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.

Angolan diamonds

As De Beers came under fire during the blood diamonds furor, Leviev increasingly came to dominate the legal Angola diamond market. 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. Through another subsidiary, LIDAR, Leviev appears to be the sole realtor-developer of the settlement of Zufim.

Leviev's devotion to settlement construction have drawn protest from outside the Old Bond Street store in his London home, to the Leviev-owned jewelry store in New York City, and has impelled Oxfam to make it clear that Leviev has not donated to the charity. UNICEF has also advised Leviev that they will not partner with or accept any contributions from him due to the controversy. In a press release, a spokesperson for Leviev described the protests as 'politically motivated' and accused protesters of 'deliberately neglect[ing]... extensive humanitarian and philanthropic work, which includes building schools, orphanages, and fostering economic development in communities around the world.' Citation needed|date=March 2009 Anti-Defamation League head Abraham Foxman condemned UNICEF's decision as 'selective political discrimination' that 'only gives legitimacy to those who would seek to promote a boycott of the State of Israel and its supporters.'

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.

Philanthropy
Leviev is a major supporter of Jewish philanthropic causes and president of the Federation of Jewish Communities of the CIS (FJC), an umbrella body representing Jewish communities across the former Soviet Union. He is the founder of the Ohr Avner Foundation (named for Leviev's father).