Billionaire Profile
L
Global Rank
#923

Image: Clarke, Charles, 1815?-1870 Graff, James H., former owner. GEU | Public domain | via Wikimedia Commons

Laurence Graff & family

CEO, Diamond jewelry
UNITED KINGDOM
Real-Time Net Worth
$4.529B
Estimated based on Diamond jewelry stock value as of March 6, 2026
0% (24h)
Age
87
Source
Diamond jewelry
Industry
Fashion & Retail
Citizenship
UNITED KINGDOM

Biography

Laurence Graff, the founder and chairman of Graff Diamonds, is a British billionaire celebrated for his diamond jewelry empire. Born in London's East End, Graff's journey from a jeweler's apprentice to the 'King of Bling' is an inspiring tale of ambition and success. With a net worth of $4.5 billion, Graff has built a vertically integrated business, overseeing the design, manufacture, and retail of exquisite diamond jewelry. His career is marked by handling some of the world's most exceptional diamonds and expanding Graff Diamonds into a global luxury brand with over 60 retail stores worldwide. His achievements include the re-cutting of the Wittelsbach Diamond and receiving the Officer of the Order of the British Empire for his contributions to the jewelry industry. Graff's wealth stems from his expertise in diamond jewelry and a passion for acquiring rare gems, establishing him as a preeminent figure in the luxury market.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Laurence Graff was born in Stepney, London, on June 13, 1938, to a Jewish family. His mother encouraged him to learn a trade, enrolling him in a jewelry manufacturing workshop. Graff's passion for jewelry led him to leave school at 14 to become an apprentice.

Rise to Success

Graff's career began with repairing and creating small jewelry pieces. By 1960, he founded Graff Diamonds in London's Hatton Garden. He expanded his business, opening boutiques and developing relationships with wealthy clients, particularly in the Middle East. Graff's entrepreneurial drive led him to acquire and recut significant diamonds, including the Wittelsbach Diamond, and to establish a vertically integrated company.

Key Business Strategies

Graff's strategy focused on acquiring high-quality stones, creating unique designs, and building relationships with an international clientele. He expanded Graff Diamonds globally, opening boutiques in major cities worldwide and becoming a supplier of jewels to celebrities and royalty. He ensured a steady supply of diamonds by acquiring a stake in the South African Diamond Corporation (Safdico) in 1998.

Philanthropy

Laurence Graff is involved in philanthropy through the FACET Foundation, which supports education, health, and well-being in southern Africa.

Career Milestones

1960

Founded Graff Diamonds

Established his own jewelry business in London.

1962

Opened First Boutiques

Opened two retail boutiques in London.

1973

Queen's Award

Became the first British jeweler to receive The Queen's Award for Enterprise.

2013

OBE

Appointed Officer of the Order of the British Empire for services to the jewellery industry.

Philanthropy & Social Impact

Education and health

FACET Foundation

Undisclosed

Supports education, health, and well-being in southern Africa.

Business Philosophy & Leadership

Notable Quotes

"“I’m a complete thoroughbred in the business.”"

Leadership Principles

Passion and Drive

Graff believes that a great entrepreneur always acts with full intention and without limitation, always striving for the best.

Honesty and Integrity

Graff emphasizes the importance of honesty and keeping one's word.

Embracing Opportunity

Graff believes in seeing every day as a new opportunity.

Controversies & Challenges

2008

Wittelsbach Diamond Recut

Criticism for recutting the historic Wittelsbach Diamond.

2009

Graff Diamonds Robbery

A robbery where two armed robbers stole 43 items worth nearly £40 million.