Jonathan Oppenheimer

Last updated

Jonathan Oppenheimer
Born (1969-11-18) 18 November 1969 (age 54)
South Africa
Education Harrow School
Christ Church, Oxford
OccupationBusinessman
SpouseJennifer Ward (d. 2017)
Children3
Parent(s) Nicky Oppenheimer
Orcillia "Strilli" Lasch

Jonathan M. E. Oppenheimer (born 18 November 1969) is a South African billionaire businessman and conservationist, and the executive chairman of Oppenheimer Generations, [1] a former executive of De Beers and a former vice-president of his family's firm, Anglo American plc.

Contents

Early life

Jonathan is the son of former De Beers chairman Nicky Oppenheimer; he is the great-grandson of Anglo-American founder Ernest Oppenheimer, who was the first generation of the family to chair (from 1929) the De Beers diamond mining company in South Africa, founded by Cecil Rhodes in 1888. [2]

He was educated at Harrow School and Christ Church, Oxford. [3] He played first-class cricket for Oxford University Cricket Club. [4]

Career

Jonathan Oppenheimer began his career working at N M Rothschild & Sons, then moved to Anglo American, where he became senior vice-president, in 1999. After leaving Anglo American in 2000, he filled numerous senior roles at De Beers diamond mining company in Southern Africa and London until 2012. He was the third generation of his family to lead De Beers. He was also involved in the transactions to de-list De Beers, in 2001, and to sell the Oppenheimer family stake to Anglo American, in 2012. This sale concluded 85 years of the Oppenheimer family's controlling position in the world's diamond trade. [5] He is currently the director of E. Oppenheimer & Son Ltd. [6]

In 2003, Jonathan and Nicky Oppenheimer published The Brenthurst Initiative, a policy paper on economic development across South Africa. This led to the launch of The Brenthurst Foundation the following year. [7]

Alongside his father he founded Oppenheimer Generations, [8] with interests in various companies and non-profits such as the Harambe Entrepreneur Alliance. [9] As Executive Chairman of Oppenheimer Generations, [10] Jonathan is actively involved in all aspects of the family’s private, commercial, and thought leadership activities, including: Oppenheimer Partners, Oppenheimer Generations Asia, Nianova, Shangani Holistic, the Brenthurst Foundation, Oppenheimer Generations Foundation, Oppenheimer Generations – Research & Conservation.[ citation needed ]

Other activities

Oppenheimer has been involved in many aspects of his family’s activities, including establishing the Brenthurst Foundation, a Johannesburg-based think-tank which examines ways to drive Africa's sustainable growth, [11] and the formation of Tana Africa Capital, a joint venture between the Oppenheimer family and Temasek Holdings (Singapore) to pursue African consumer goods business opportunities. [12]

He has sat on boards and advisory panels, including the Presidential Advisory Committee on the Economy (Malawi),[ citation needed ] established by the Brenthurst Foundation, and Umicore, a listed specialty chemicals company, as a non-executive director.[ citation needed ]

Oppenheimer purchased Tswalu Kalahari Reserve, immediately ended hunting, and improved conditions for wild animals found there. World Wide Fund for Nature recognized Oppenheimer's conservation work in 2007.[ citation needed ]

In January 2018, Jonathan joined the Board of Trustees of the Carnegie Endowment for International Peace [13] (CEIP).

On 23 March 2020 Nicky and Jonathan Oppenheimer announced their commitment to tackle the unfolding health crisis in South Africa, and highlighted the exceptional challenges that small businesses were facing. They pledged to donate R1 billion to extend a financial lifeline to employees of small, medium and micro-sized enterprises (SMMEs).[ citation needed ]

On 31 March 2020 the South African Future Trust (SAFT) was established with this initial donation through the Oppenheimer Generations Foundation, and it has subsequently attracted further donations from foundations, corporates and individuals to the value of just over R134 million. The Trust’s immediate aim was to extend direct financial support to SMME employees at risk of losing their jobs or suffering serious loss of income due to the pandemic and subsequent national lockdown. [14]

Personal life

Oppenheimer was married to Jennifer Ward until her death in 2017. [15] He has three children.[ citation needed ] In 2022 Jonathan re-married.[ citation needed ]

Related Research Articles

<span class="mw-page-title-main">De Beers</span> International corporation specialising in diamonds

The De Beers Diamond Consortium is a South African-British corporation that specializes in diamond mining, diamond exploitation, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is active in open-pit, large-scale alluvial and coastal mining. It operates in 35 countries and mining takes place in Botswana, Namibia, South Africa, Canada and Australia.

<span class="mw-page-title-main">Harry Oppenheimer</span> South African businessman (1908–2000)

Harry Frederick Oppenheimer OMSG was a prominent South African businessman, industrialist and philanthropist. Oppenheimer was often ranked as one of the wealthiest people in the world, and was considered South Africa's foremost industrialist for four decades. In 2004 he was voted 60th in the SABC3's Great South Africans.

<span class="mw-page-title-main">Rockefeller Foundation</span> American philanthropic organization

The Rockefeller Foundation is an American private foundation and philanthropic medical research and arts funding organization based at 420 Fifth Avenue, New York City. The second-oldest major philanthropic institution in America, after the Carnegie Corporation, the foundation was ranked as the 39th largest U.S. foundation by total giving as of 2015. By the end of 2016, assets were tallied at $4.1 billion, with annual grants of $173 million. According to the OECD, the foundation provided US$283.9 million for development in 2021. The foundation has given more than $14 billion in current dollars.

<span class="mw-page-title-main">Carnegie Endowment for International Peace</span> Washington-based American think tank

The Carnegie Endowment for International Peace (CEIP) is a nonpartisan international affairs think tank headquartered in Washington D.C., with operations in Europe, South and East Asia, and the Middle East as well as the United States. Founded in 1910 by Andrew Carnegie, the organization describes itself as being dedicated to advancing cooperation between countries, reducing global conflict, and promoting active international engagement between the United States and countries around the world. It engages leaders from multiple sectors and across the political spectrum.

Oppenheimer is a toponymic surname, derived from the German town Oppenheim, common among Germans and Ashkenazi Jews. Most uses refer to J. Robert Oppenheimer (1904–1967), the American physicist who headed the Manhattan Project. Other notable people with the surname include:

<span class="mw-page-title-main">Ernest Oppenheimer</span> South African businessman (1880–1957)

Sir Ernest Oppenheimer, KStJ was a diamond and gold mining entrepreneur, financier and philanthropist, who controlled De Beers and founded the Anglo American Corporation of South Africa.

<span class="mw-page-title-main">Alfred Beit</span> German born businessman and mining magnate in South Africa

Alfred Beit was an Anglo-German gold and diamond magnate in South Africa, and a major donor and profiteer of infrastructure development on the African continent. He also donated much money to university education and research in several countries, and was the "silent partner" who structured the capital flight from post-Boer War South Africa to Rhodesia, and the Rhodes Scholarship, named after his employee, Cecil Rhodes. Beit's assets were structured around the so-called Corner House Group, which through its holdings in various companies controlled 37 per cent of the gold produced at the Witwatersrand's goldfields in Johannesburg in 1913.

<span class="mw-page-title-main">Nicky Oppenheimer</span> South African billionaire businessman (born 1945)

Nicholas F. Oppenheimer is a South African billionaire businessman. He was formerly the chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former deputy chairman of Anglo American. He is the third richest man in Africa.

Anglo American plc is a British multinational mining company with headquarters in London, England. It is the world's largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore, polyhalite and steelmaking coal. The company has operations in Africa, Asia, Australia, Europe, North America and South America.

<span class="mw-page-title-main">Carnegie Corporation of New York</span> United States trust

The Carnegie Corporation of New York is a philanthropic fund established by Andrew Carnegie in 1911 to support education programs across the United States, and later the world.

Parktown is a wealthy suburb of Johannesburg, South Africa, and is the first suburb north of the inner city. It is affectionately known as one of the Parks, others including Parkview, Parkwood, Westcliff, Parktown North, Parkhurst and Forest Town. Parktown is one of Johannesburg's largest suburbs, neighbouring Hillbrow, Braamfontein and Milpark to the South; Berea and Houghton to the East; Killarney and Forest Town to the North, and Westcliff, Melville and Richmond to the West. Originally established by the Randlords in the 1890s, Parktown is now home to many businesses, hospitals, schools, churches and restaurants, whilst still maintaining quiet residential areas. It is also home to three of the five campuses of the University of the Witwatersrand including the education campus, medical school and Wits Business School. It is located in Region F of the City of Johannesburg Metropolitan Municipality.

Randlords were the capitalists who controlled the diamond and gold mining industries in South Africa from the 1870s up to World War I.

Julian Ogilvie Thompson was a South African businessman who was chairman of De Beers and the Anglo American mining company.

<span class="mw-page-title-main">Sir David Graaff, 1st Baronet</span> South African cold storage magnate, politician, and baron

Sir David Pieter de Villiers Graaff, 1st Baronet was a South African cold storage magnate and politician. Graaff revolutionized the cold storage industry in Africa. He founded the Imperial Cold Storage and Supply Company in 1899, and aggressively ran it until he left to serve in government. Graaff grew the company into one of the largest in Africa. Graaff's wealth soared, at the turn of the century. During World War I he personally part financed the South African war effort and for this he was knighted as well as for services at the Paris Peace Conference 1919.

The Brenthurst Initiative was a 2003 policy paper on Black Economic Empowerment in South Africa by Jonathan and Nicky Oppenheimer that called for tax incentives to encourage economic growth and black wealth creation.

The Brenthurst Library is a private repository of Africana in Parktown, Johannesburg built by Harry Oppenheimer in 1984 as he started to disengage from the family's mining interests. It houses a collection of some 20,000 volumes, including rare manuscripts and documents. Among these were the only complete record of the proceedings of the treason trial of Nelson Mandela, until the papers were handed over to the Mandela estate in November 2008.

Brenthurst Gardens is a 45-acre (180,000 m2) private garden in Johannesburg, South Africa attached to Brenthurst Estate, the residence of the Oppenheimer family, led by Nicky Oppenheimer.

<span class="mw-page-title-main">Brenthurst Foundation</span> Non governmental organization in South Africa

The Brenthurst Foundation is a Johannesburg-based think-tank established by the Oppenheimer family in 2004 to support the Brenthurst Initiative in seeking ways to fund African development and to organize conferences on African competitiveness.

<span class="mw-page-title-main">Harry Oppenheimer Fellowship Award</span>

The Harry Oppenheimer Fellowship Award is awarded annually by the Oppenheimer Memorial Trust. It is considered the top award for research on the African continent.

The Carnegie Medal of Philanthropy is a private award for philanthropy, bestowed every second year to multiple people by the Carnegie family of institutions. In recent years the medal has been presented in New York.

References

  1. "Leadership". Oppenheimer Generations. Retrieved 13 November 2021.
  2. De Beers: "Our History" Archived 10 September 2018 at the Wayback Machine 2014
  3. Businessweek: "Jonathan M.E. Oppenheimer" 21 November 2014
  4. "Jonathan Oppenheimer". Cricinfo. Retrieved 27 March 2019.
  5. "Nicky Oppenheimer & family". Forbes. Retrieved 22 August 2023.
  6. "Jonathan Oppenheimer". African Development Bank. Archived from the original on 27 March 2019. Retrieved 27 March 2019.
  7. https://www.thebrenthurstfoundation.org/about/
  8. "Home". Oppenheimer Generations. Retrieved 18 August 2020.
  9. "Gold Room Briefings | We Are Harambeans". Harambeans. Retrieved 18 August 2020.
  10. "Jonathan Oppenheimer". Oppenheimer Generations. Retrieved 3 October 2022.
  11. "About Us". The Brenthurst Foundation. Retrieved 19 February 2023.
  12. "ABOUT US | Tana Africa Capital" . Retrieved 19 February 2023.
  13. "Jonathan Oppenheimer Joins the Carnegie Endowment for International Peace Board of Trustees". Carnegie Endowment for International Peace. Retrieved 3 October 2022.
  14. https://ipa-sa.org.za/resources-and-events/philanthropy-news/insights/the-south-african-future-trust-emerges-to-support-small-businesses-through-covid-19-and-beyond-by-bridget-fury-head-oppenheimer-generations-philanthropies/
  15. "'Vibrant force for good', Jennifer Ward Oppenheimer has died" . Retrieved 27 March 2018.