Ehud Laniado quoted in The New York Times, September 2014: The New York Times called on Ehud Laniado’s encyclopaedic knowledge of the global diamond industry when it produced a supplement dedicated to diamonds in September.
In an article about geographical shifts in demand for diamonds, Ehud Laniado drew on his personal experience commenting that he has noticed more Russians and Chinese collectors bidding in auction sale rooms of late.
Today the world’s biggest diamonds markets are China and the US. Together they account for 55 per cent of the world’s diamond jewellery sales respectively. According to De Beers, the Chinese are expected to spend a cool $154 billion on jewellery and luxury items in 2014 during an estimated 93 million shopping trips.
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Diamond industrialist Ehud Arye Laniado is a man passionate about diamonds. From his early 20s in Africa and later in Belgium honing his expertise in forecasting the value of polished diamonds by examining rough diamonds by hand, till today four decades later, as chairman of his international diamond businesses spanning mining, exploration, rough and polished diamond valuation, trading, manufacturing, retail and consultancy services, Laniado has mastered both the miniscule details of evaluating and pricing individual rough diamonds and the entire structure of the diamond industry. Today, his global operations are at the forefront of the industry, recognised in diamond capitals from Mumbai to Tel Aviv and Hong Kong to New York.