De Beers was long controlled by the Oppenheimer family, which got into a public feud with the Guptas a year ago.
In general, it’s not a good idea to get on the wrong side of somebody named Oppenheimer. As Hindus, the Guptas should have been familiar with the most famous thing anybody named Oppenheimer ever said: Quoting Vishnu, atomic-bomb creator J. Robert Oppenheimer (probably not a close relation to the South African Oppenheimers, but still…) proclaimed, “I am become Death, destroyer of worlds.”
The Jewish role in South Africa’s “white monopoly capital” is not insignificant (nor likely irrelevant to Mr. Segal’s point of view). Paul Johnson wrote in A History of the Jews:
But Jews had always been involved in precious stones (especially diamonds) and bullion, and they played a notable part both in the South African deep-level mines and in the financial system which raised the capital to sink them. Such men as Alfred Beit, Barney Barnato, Louis Cohen, Lionel Phillips, Julius Wehrner, Solly Joel, Adolf Goertz, George Albu and Abe Bailey turned South Africa into the world’s largest and richest mining economy.
The South African Jewish Report estimated in 2016 that Jews still make up 26 percent of the 250 richest people in South Africa, despite constituting only 0.14 percent of the population.
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