Most Powerful

• #1 Nicky Oppenheimer
  BotswanaSouth AfricaUnited Kingdom FinancialIndustrialResource Extraction Control 21st Century Finance and Wealth Power: 47
  Nicky Oppenheimer (born 1945) is a South African mining heir, investor, and former chairman of De Beers whose family name was synonymous with the modern diamond trade for generations. His importance lies in having presided over the late phase of one of the most influential resource dynasties of the twentieth century and then converting that inherited mining fortune into a broader investment and conservation portfolio after the family exited De Beers.He belongs in resource extraction control because the Oppenheimer family’s historic power was rooted in command over diamond production, marketing, stock management, and the political economy around southern African mining. Diamonds are not simply another commodity. Their value depends on scarcity, distribution control, branding, and disciplined management of supply. The Oppenheimer system helped turn that logic into one of the most successful wealth structures in the modern resource world.Nicky Oppenheimer came to prominence not as the founder of the dynasty but as its late custodian. Under him, De Beers remained a symbol of concentrated influence in mining and luxury markets even as antitrust pressure, new producers, changing consumer behavior, and corporate restructuring eroded the older model. His later decision to sell the family’s De Beers stake to Anglo American in 2011 closed a historic chapter in South African and global mining history.His profile matters because it shows how resource dynasties persist, adapt, and finally transform. Oppenheimer represents the passage from extractive family command into post-extraction capital stewardship. In his career one can see both the afterlife of imperial-era mining fortunes and the changing limits of the old commodity-cartel style of power.