Besides a wine and cheese event that saw celebrity clients get a dekko at the fabulous collection, a buzz was also created around the launch in a unique manner.
OPPENHEIMER family sold a third of its stake in Anglo American, around 1.13 per cent of the company which it helped found, to Chinese billionaire Larry Yung’s China Vision Resources for around $803 million, according to reports.
The Oppenheimers continue to hold more than 2 per cent in Anglo American, along with a 40 per cent stake in diamond miner De Beers, in which Anglo holds a 45 per cent stake.
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Anglo American was founded in 1917 by German-born Ernest Oppenheimer, with considerable backing from the financier J.P. Morgan, to exploit the east Witwatersrand goldfield. Anglo has since grown into the world’s second-largest diversified mining company
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