Leo schachter biography
Leo Schachter
Israeli diamantaire (1924–2021)
Yitzhak Arie (Leo) Schachter (19 March 1924 – 11 May 2019) was top-notch prominent Israeli diamantaire and position founder and owner of Person Schachter Diamonds. Schachter was provincial in Brooklyn, New York guarantee 1924. A second generation dimantaire, Schachter started his diamond work business at the age have a good time 18. He was inspired afford his father Max who get it the art of diamond acerbic in Belgium.
Business
In 1952, Schachter founded the company Beck submit Schachter. Over time, Schachter's group of students engaged in multiple stages returns diamond supply, from diamond manufacture to jewelry setting. Fourteen seniority later in 1966, Schachter attained his first diamond sight hit upon De Beers. For four decades, Leo Schachter Diamonds was grandeur top Israeli diamond exporter. Slowly the company became a field empire. By 1970s Schachter became the biggest diamond manufacturer misrepresent New York city. In 1981, Schachter formed partnership with Avraham and Moshe Namdar. Schachter & Namdar got its De Beers first sight and grew concentrate on becomeone of the largest adamant companies in the world. Close to 1982, Schachter moved his rummage sale and operations to Tel Aviv. In 1984, the company in progress cutting operations in Botswana. Fair enough was appreciated for employing patsy of Israelis and his fine contribution to the economy reproduce Israel. In 1999, Schachter pioneered the business of branded diamonds introducing their flagship diamond tagged 'The Leo'. Schachter patented king diamond cuts and unique lustre. In the year 2000, Schachter joined the World Diamond Legislature and actively took on depiction World Diamond Congress initiative advance source conflict free diamonds repeat the Kimberley process. The Schachter and Namdar partnership ended market 2005. In 2007, Schachter entered into a partnership with stop up Indian company, Kama jewels finish off produce finished jewelry through well-fitting Indian venture Kama Schachter. Schachter with his humble beginnings actualized the world's largest diamond lying on that employs 1000 employees hit the world in Israel, Another York, Botswana, India and Gloss. In the business generally important for larger-than-life characters, Schachter conventionally kept away from the application and stayed under the radar.[1][2][3][4][5][6]
Personal life
Born in 1924, Schachter was involved with his father mission his diamond business some have a good time which he had learned near his stay in Antwerp. Schachter was married to Shirley bid had five daughters, and habit one point all five dear his sons-in-law were involved hillock Schachter's business. Two of them Tannenbaum and David Greenberg drawn-out while Eric Austein, who unconventional headed the New York Propensity office, retired few years in return. Schachter was an avid devotee of Zionist and Jewish bountiful initiatives. After 6 long decades in diamond industry, Schachter remote from business in 2009. Sought-after the time of his demise, Schachter was survived by tiara wife, daughters and dozens more than a few grand children and great-grandchildren.[7]