Moshe Schnitzer, Diamond Industry Legend, Dies

Moshe Schnitzer, one of the driving forces behind the Israeli diamond industry and a true industry legend, died recently at age 86. Among his many titles, Schnitzer was president of the Israel Diamond Exchange; chairman of the Israel Diamond Institute; and president of the World Federation of Diamond Bourses, the umbrella organization for the world's diamond clubs. Schnitzer was born in Romania and immigrated to Israel in 1934. He studied history and philosophy at Hebrew University of Jerusalem. In 1942, he joined the diamond business, urged on by his father, as he told Russell Shor in the book Connections. “That was a sure job in a place where you saw doctors and college professors driving taxis,” he said. He also fought in the Irgun—the Israeli underground group—which helped him later in life since he made connections with many future government leaders. At a time when

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