The Last Empire: De Beers, Diamonds, and the World [Paperback]

Stefan Kanfer (Author)

Book Description

Publication Date: April 30, 1995

With a scholar's precision and a novelist's eye, Stefan Kanfer tells the inside story of De Beers Consolidated Mines - from the nineteenth century diamond rush that transformed Johannes De Beer's humble South African farm into an exotic klondike, to the Oppenheimers' shadow empire that has achieved umatched global reach.

Editorial Reviews

From Publishers Weekly

Kanfer ( A Summer World ), a writer and editor at Time , focuses more clearly on history than on analysis in this chronicle of the South African-based De Beers diamond empire. He stylishly recounts tales of 19th-century South Africa, where such arresting characters as Barney Barnato and Cecil Rhodes made fortunes on the frontier. He describes the founding of De Beers's sibling, the Anglo-American Corp., and the quirky, powerful Oppenheimer family at its helm. Kanfer offers an adequate, but not probing, analysis of De Beers's alliances with South Africa's enemies, and the cartel's currently diminishing prospects due to the political situations in Angola and Russia. Conspicuously missing are both a description of the important role De Beers and Anglo have played over the past two years during South Africa's protracted negotiations toward democracy, and a consideration of how they might fare under a new government. Photos not seen by PW.
Copyright 1993 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

From Library Journal

The next time you hear that a "diamond is forever," you may wish to read this history of the De Beers diamond empire and its later absorption under the Oppenheimers by the Anglo-American Corporation. From its opening depiction of the grim diamond fields, this is the story of cutthroat capitalists, the economic and racial development of South Africa, and a multinational corporation that controls virtually the world's entire diamond and gold trade. Kanfer is a Time magazine journalist with a flair for spinning a very good tale that should appeal to general readers, especially history buffs. Not a dry, scholarly tome, this book provides more compelling reading than most fiction.
- Paul H. Thomas, Hoover Institution Lib. , Stanford, Cal.
Copyright 1993 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

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Product Details

• Paperback: 416 pages
• Publisher: Farrar, Straus and Giroux (April 30, 1995)
• Language: English
• ISBN-10: 2243035243
• ISBN-13: 978-0374524265
• ASIN: 0374524262
• Product Dimensions: 9 x 5.8 x 1.1 inches
• Shipping Weight: 1.5 pounds (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (9 customer reviews)
• Amazon Best Sellers Rank: #338,209 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

18 of 20 people found the following review helpful:

2.0 out of 5 stars Does not live up to its title, March 1, 2005

By 

Louie2 "cajunyalie" (New York City) - See all my reviews

This review is from: The Last Empire: De Beers, Diamonds, and the World (Paperback)

This book's title describes it as one about "De Beers, Diamonds, and the World." Instead, a more accurate title would have described the book as telling of "Political Inequality Between the Races in South Africa." True, the book discusses De Beers quite a bit, but the discussions seem incidental to the author's focus on the plight of South African blacks throughout history. The description of De Beers's diversification is less than cursory; the book often omits major business decisions completely but then later assumes knowledge of them by the reader. For instance, the book leaves out any mention of *how* De Beers came to own an interest in copper mining, but still mentions such mining interest a couple of times toward the end. Further, complex business relationships, such as that between Anglo-American, Consolidated, and De Beers, need much more explanation than they get. The author spends considerably more time discussing how "Anglo-American" was chosen as the company's name than what its exact corporate form is and how it its relationship to De Beers works out in practice. Last, I take issue with the writing style itself. The prose is heavy and dry; even interesting characters' stories are flaccid and dull. Overall, this book is a good complement to other South African history books, but as a book about diamonds and the workings of De Beers (the book it puts itself out to be), "Last Empire" falls utterly flat.

14 of 15 people found the following review helpful:

5.0 out of 5 stars Excellent History - Captivating Story, October 18, 1998

By 

John C. Borgquist "John B" (South Hamilton, MA) - See all my reviews
(REAL NAME)   

This review is from: The Last Empire: De Beers, Diamonds, and the World (Hardcover)

I thought this book was very informative and one of the easiest reading non-fiction books out there. I was surprised to find out just how many different people were involved with the diamond trade in South Africa: Cecil Rhodes (the only person to have a country named directly after him), Queen Victoria, Winston Churchill...the list goes on. This book is one I had to add to my own shelf.

11 of 12 people found the following review helpful:

5.0 out of 5 stars *A Big Thanks to Mr. Stefan Kanfer*, March 12, 2003

By 

"jazzy_baby" (Montreal, Quebec) - See all my reviews

This review is from: The Last Empire: De Beers, Diamonds, and the World (Paperback)

Thank you Mr. Stefan Kanfer for tackling the project on the diamond empire. The subject matter is not easy to write, but Mr. Kanfer managed to tell a story in a way that portrays a business biography in an academic yet exciting tone. "The Last Empire" is a very thoroughly researched and extremely well written book. I've learnt so much about the history of the most powerful diamond organization in the world (The DeBeers), its operation, structures, system, human interaction and the people behind the industry. Lots of great pictures and the stories of old Africa is filled with romantic images it makes reading a pleasure. Truly inspiring!