Diamond Billionaire and Son in Bitter Row

By John Jeffay / July 04, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Diamond tycoon Lev Leviev is embroiled in a bitter legal row with his son.Shalom Leviev, 42, accuses his father (pictured) - worth an estimated $1bn - of hastening his financial downfall, and his bankruptcy, over a debt of $240,000.He describes his Leviev, 64, born in Uzbekistan and founder of LLD (Lev Leviev Diamonds), as his "enemy", and says he intends to sue him in court, according to a report by Israel's ynet news website.The fall-out reportedly centers on dispute between father and son over diamonds. There is also an ongoing row over the $3m home Shalom Leviev shared with his ex-wife Orly in Tel Aviv, Israel.He wants to sell the home to pay his debts, but claims his father, who owns a part-share, is blocking the sale. The matter is being dealt with a court in Tel Aviv. 

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok