De Beers are a family of companies that dominate the diamond, diamond mining, diamond hops, diamond trading and industrial diamond manufacturing sectors. De Beers is active in every category of industrial diamond mining: open-pit, underground, large-scale alluvial, coastal and deep sea. Mining takes place in Botswana, Namibia, South Africa and Canada.
The company was founded by Cecil Rhodes, who was financed by Alfred Beit and Rothschild. In 1927, Ernest Oppenheimer, a German Jewish immigrant to Britain who had earlier founded mining giant Anglo American plc with American financier J.P. Morgan, managed to wrest control of the empire, building and consolidating the company’s global monopoly over the diamond industry until his retirement. During this time, he was involved in a number of controversies, including price fixing, antitrust behaviour and an allegation of not releasing industrial diamonds for the US war effort during World War II.
In 1909, Davis had a son, William Rhodes, Jr., by May Tankin. Their marriage has not been documented. William Rhodes, Jr., died in an airplane crash in Nicaragua in 1933 while exploring for oil. Davis married Pearl Peters in 1921 and they had two sons, Joseph Graham Davis[n 1] and Currie Boyd Davis.Davis later divorced Peters and married Marie M. Tomkunas.
Davis died of a heart attack on August 1, 1941, in Houston, Texas. At his death Peters had remarried and was living in Houston, along with their younger son Currie. Their older son Joseph was living in Bronxville, N.Y. Davis and his wife were living nearby in Scarsdale, N.Y. Davis left $100,000 to Pearl Peters. He put the remainder of his estate into a trust, with half of the income going to his wife Marie M. Tomkunas and the other half to be divided by his two surviving sons. Each son was to receive one-fourth of the estate at age 30, and each another fourth on the death of their step-mother. Davis’ estate was valued between $5 and $10 million. Married longtime personal secretary Erna Frieda Wehrle became chairman of Davis’ oil company, Davis & Co, Inc.
|Hawaii’s Big Five|
|C. Brewer & Co.|
|Theo H. Davies & Co.|
|Castle & Cooke|
|Alexander & Baldwin|