Rank #2668
Dan Gertler
Net worth $1.5B
Mining · Israel
- Born
- Dec 23, 1973
- Age
- 52
- Source
- Mining
- Residence
- Bnei Brak
- Citizenship
- Israel
- Marital status
- Married
- Children
- 11
- Education
- Diploma, High School
Net worth over time
Biography
- Dan Gertler built a fortune through mining ventures in Africa, primarily in the Democratic Republic of Congo.
- In February 2017, he sold his stake in two mines in the Congo to commodities giant Glencore for $960 million; Gertler made an estimated $400 million.
- In December 2017, the U.S. government placed Gertler on its sanctions list for his alleged corrupt business deals in the Congo. Sanctions have been eased in recent years.
- In June 2018, the U.S. levied sanctions against 14 additional companies of his, including Fleurette Africa Resources and Ventora Development Sasu.
- A spokesman for Gertler declined to comment on the U.S. government's allegations.
- Gertler's grandfather, Moshe Schnitzer, cofounded the Israel Diamond Exchange in 1947.
- He bought his first mine in the Democratic Republic of Congo in 1997 and soon became friends with DRC President Joseph Kabila.
Financial assets
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