Investment Diamond Exchange

The WDI Investment Diamond Exchange is, we believe, the first open diamond exchange to enable private investors to buy and sell GIA-certified investment-grade diamonds, without inflated retail mark-up, with minimal fees and total transparency. WDI does not include in our listed stones any diamonds that include a tint, hue or overtone.

The prices listed (in US$) are wholesale prices including 3% broker commission. They can only be purchased through an Authorized WDI Broker. Investment diamonds can also be re-sold on this Exchange.

You can log in as a Guest to see the range of diamonds currently available for investment, but you can only see their prices if you are a broker or have been given a password.

Waldman Diamond Investments (WDI) provides an efficient and cost-effective service to private investors seeking to add polished diamonds to their asset portfolio.

Why Invest in Diamonds?

We don’t need to tell you that portable commodities are an excellent investment option in today’s market. Diamond retailers typically add between 20-50% mark-up to cover their marketing costs, but WDI diamonds are priced at their underlying investment value. We offer only GIA-certified investment-grade diamonds and we have created an Investment Diamond Exchange where diamonds can be bought and sold with complete transparency. This open internet portal enables you to select diamonds for investment, and we offer you advice and support from Waldman’s expert gemologists. WDI also provides insurance, shipping and custodial service services to make diamond investments easier and safer.

Why Now?

Until now, it was difficult to invest in individual diamonds. The lack of a public market for diamonds, the complexity of assessing and pricing each stone, the problems of storage and insurance, and the difficulty of resale were barriers to the private investor. The Waldman Diamond Company has removed these barriers to investment by setting up the Investment Diamond Exchange. Find out more about the state of the market for investment diamonds, and investing in diamonds 

If you are interested in purchasing an investment diamond from WDI and would like to contact an authorized  Waldman Diamond Investment broker, please contact ami@wdcgroup.com or greenscity@aol.com

 BASSEY SAM +2348095041227

Bill Gates Retakes World’s Richest Title From Carlos Slim

Bill Gates is once again the world’s richest person.

The 57-year-old co-founder of Redmond, Washington-basedMicrosoft Corp. (MSFT) recaptured the title from Mexican investor Carlos Slim yesterday, according to the Bloomberg Billionaires Index, as the software maker hit a five-year high. It is the first time Gates has held the mantle since 2007. His fortune is valued at $72.7 billion, up 16 percent year-to-date.

Slim’s America Movil (AMXL) SAB, the largest mobile-phone operator in the Americas, has dropped 14 percent this year after Mexico’s Congress passed a bill that could quash the billionaire’s market dominance. That’s helped erase more than $3 billion from the 73-year-old tycoon’s net worth.

“When they’re talking about reform in a country that’s generally poor, and the guy shows up No. 1 on the list -- not a good thing,” said Greg Lesko, managing director at New York-based Deltec Asset Management LLC, which oversees $750 million and has an “underweight” position in Slim’s flagship company. “He’s had a pretty good monopoly situation in Mexico, and the Mexican cellphone user has been paying more than he should. We applaud it for the country.”

Earlier this month, a group of kazoo-playing protesters confronted Slim when he appeared at an event at the New York Public Library, denouncing him for overcharging consumers to enrich himself. He denies the accusation.

Microsoft Rally

The bill passed in Mexico last month, which is backed by President Enrique Pena Nieto and is now before state legislatures, would allow regulators to break up phone companies with more than 50 percent of the market or force them to share their networks. America Movil (AMXL) has 70 percent of Mexico’s mobile-phone subscribers and 80 percent of the country’s landlines.

Microsoft shares have surged 28 percent this year, buoyed by cost controls and sales of business and server software amid weak demand for personal computers running the new Windows 8 operating system. Gates’s fortune has also benefited from a rally in stock holdings that include the Canadian National Railway Co (CNR). and waste-collection company Republic Services Inc (RSG).

Most of Gates’s fortune is held in Cascade Investment LLC, a holding entity through which he owns stakes in more than a dozen publicly traded companies and several closely held operations, including Four Seasons hotels and Corbis Corp. Less than a quarter of Gates’s fortune is held in Microsoft. He’s donated $28 billion to the Bill & Melinda Gates Foundation.

Bridgitt Arnold, a spokeswoman for Gates, declined to comment. Arturo Elias, Slim’s spokesman, didn’t return phone and e-mail messages.

Buffett, Ortega

Berkshire Hathaway Inc. (BRK/A) chairman Warren Buffett is the world’s third-richest person with $59.7 billion, according to the Bloomberg ranking. He is $3.7 billion ahead of SpaniardAmancio Ortega, Europe’s wealthiest person.

Ingvar Kamprad, the founder of IKEA, ranks fifth with a $55.6 billion fortune. The world’s largest furniture retailer generated more than $36 billion in revenue and $4 billion in net income in 2012.

Google Inc. (GOOG) co-founders Larry Page and Sergey Brin have seen their fortunes rise more than 22 percent year-to-date as shares of the world’s most popular search provider have surged. They rank No. 18 and No. 19 respectively.

Tesla Accelerates

The fortune of Elon Musk, the founder and largest shareholder of electric-car maker Tesla Motors Inc. (TSLA), has accelerated 128 percent year-to-date. The Palo Alto, California-based company increased the size of its equity and debt offerings by 30 percent to as much as $1.08 billion to build up its cash reserves and repay its loan to the U.S.

Musk has a net worth of $5.4 billion.

Dangote now 25th richest man in the world

Nigerian billionaire and Africa’s richest man, Aliko Dangote, has scored yet another first. This time, he has been named Africa’s first $20 billion man, thus becoming one of the top 25 richest men in the world.

Dangote, the President/Chief Executive of the pan-African conglomerate, the Dangote Group, has become the first African entrepreneur to lay claim to a $20 billion fortune as the stock value of the flagship of his holding, Dangote Cement, leaped just about three-fourths since March, when Forbes last released its annual ranking of the world’s richest people.

With a current market cap of $20.5 billion, Dangote Cement becomes the first Nigerian company to achieve a market capitalisation of over $20 billion.

The world renowned business and financial intelligence news magazine, the Forbes has reported that Dangote’s 93 per cent stake in the cement company is now worth $19.5 billion.

Added to this are his controlling stakes in other publicly-listed companies like Dangote Sugar and National Salt Company of Nigeria and his significant shareholdings in other blue-chips like Zenith Bank, UBA Group and Dangote Flour; his extensive real estate portfolio, jets, yachts and current cash position, which include more than $300 million in recently awarded Dangote Cement.

To put in the right context, the Forbes reported that the Nigerian billionaire is now among the top 25 richest people in the world. With his fortune, Dangote is richer than Russia’s richest man, Alisher Usmanov, richer than India’s Lakshmi Mittal and running neck and neck with India’s Mukesh Ambani.

He is catching up to such Americans as Google’s billionaire founders Larry Page and Sergey Brin.

It would be recalled that Dangote Cement had recorded an unprecedented surge in its share price largely due to market response to the company’s impressive results in the first quarter of this year.

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