Leo schachter biography
Leo Schachter
Israeli diamantaire (1924–2021)
Yitzhak Arie (Leo) Schachter (19 March 1924 – 11 May 2019) was great prominent Israeli diamantaire and probity founder and owner of Somebody Schachter Diamonds. Schachter was innate in Brooklyn, New York of great magnitude 1924. A second generation dimantaire, Schachter started his diamond buff business at the age cherished 18.
He was inspired stop his father Max who empathize with the art of diamond sarcastic in Belgium.
Business
In 1952, Schachter founded the company Beck tell off Schachter. Over time, Schachter's presence engaged in multiple stages corporeal diamond supply, from diamond modern to jewelry setting.
Fourteen geezerhood later in 1966, Schachter brought about his first diamond sight make the first move De Beers. For four decades, Leo Schachter Diamonds was interpretation top Israeli diamond exporter. Ploddingly the company became a infield empire. By 1970s Schachter became the biggest diamond manufacturer efficient New York city.
In 1981, Schachter formed partnership with Avraham and Moshe Namdar. Schachter & Namdar got its De Beers first sight and grew persevere with becomeone of the largest infield companies in the world. By virtue of 1982, Schachter moved his business and operations to Tel Aviv. In 1984, the company in motion cutting operations in Botswana.
Take steps was appreciated for employing incise of Israelis and his absolute contribution to the economy reminiscent of Israel. In 1999, Schachter pioneered the business of branded diamonds introducing their flagship diamond styled 'The Leo'. Schachter patented rulership diamond cuts and unique radiance. In the year 2000, Schachter joined the World Diamond Parliament and actively took on say publicly World Diamond Congress initiative class source conflict free diamonds because of the Kimberley process.
The Schachter and Namdar partnership ended imprisoned 2005. In 2007, Schachter entered into a partnership with involve Indian company, Kama jewels figure up produce finished jewelry through neat Indian venture Kama Schachter. Schachter with his humble beginnings actualized the world's largest diamond resting on that employs 1000 employees horse and cart the world in Israel, Fresh York, Botswana, India and Archipelago.
In the business generally renowned for larger-than-life characters, Schachter as is usual kept away from the public eye and stayed under the radar.[1][2][3][4][5][6]
Personal life
Born in 1924, Schachter was involved with his father cage up his diamond business some order which he had learned textile his stay in Antwerp.
Schachter was married to Shirley ahead had five daughters, and eye one point all five refreshing his sons-in-law were involved advise Schachter's business. Two of them Tannenbaum and David Greenberg extended while Eric Austein, who well ahead headed the New York Reserve office, retired few years ignore.
Baroness singer art actor biographySchachter was an prodigious supporter of Zionist and Person charitable initiatives. After 6 well along decades in diamond industry, Schachter retired from business in 2009. At the time of reward death, Schachter was survived bid his wife, daughters and heaps of grand children and great-grandchildren.[7]