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De Beers is one of the biggest names in diamond mining. Who was the founder of De Beers Consolidated Mines Company?  

De Beers is one of the biggest names in diamond mining. Who was the founder of De Beers Consolidated Mines Company?  

  • (A) John Cecil Rhodes
  • (B) Joseph B. Rockefeller
  • (C) John Kruger
  • (D) Rupert Murdoch
De Beers Consolidated Mines was founded in 1888 by Cecil Rhodes, also known as John Cecil Rhodes. He founded the company by amalgamating a number of small mining operations and, at the time of his death in 1902, had created a monopoly over the production of diamonds in the world, accounting for 90% of the world’s diamond production. The name “De Beers” is derived from two brothers, Diederik and Johannes de Beer, who owned the farm where diamonds were discovered.
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