Portrait of Dan Gertler

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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