Barney barnato biography

He jumped off the boat and drowned himself in 14 June Barney Barnato. First name. Last name. In addition to his performances, Barney was also a talented boxer, and - in the days before the Marquess of Queensberry Rules were widely used - he made money by placing bets on himself with the bookies. With Barney's arrival, he initially joined in his brother on stage in his case using the stage name " B.

I Barnato " and trained those who wished to take up boxing. Barney took trouble to learn the diamond business and things slowly changed, until Barney was offered the opportunity to buy four adjacent claims in Kimberley, an offer the brothers took op. This and other successful investments in Kimberley diamonds now turned the Barnato Brothers company into a viable venture, and Barney Barnato in particular into a major mining magnate and life Governor of De Beers Consolidated Mines which he and Rhodes founded in Barnato died under mysterious circumstances in when he allegedly fell overboard in mid-ocean when travelling from England.

In the period he was one of the performers who performed in "Entertainments" at the Good Hope Gardens , and when he first arrived on the diamond fields, he initially continued his interest in both boxing and theatre, often appearing on stage in the old Theatre Royal in Kimberley, having joined in his brother on stage using the stage name " B. I Barnato ".

The judge ruled in favor of the applicants. The result was that Kimberley Central was liquidated, and De Beers Consolidated purchased the company. By , after the consolidation of diamond mining had taken place, the Barnatos were late in coming to Johannesburg. A dozen gold mining companies floated on both the London Stock Exchange and the new Johannesburg exchange.

These mining shares were given the nickname 'kaffirs'. With his nephews Woolf and Solly, Barney went on a buying spree, spending more than a million pounds in one year. Additionally, he invested in Johannesburg's infrastructure. Early in , Barney floated his first gold mining company on the London and Johannesburg stock exchanges.

After the formation of his Johannesburg Consolidated Investment Company that year, he went on a major acquisition plan. Barnato doubled his fortune in the boom in South African gold mining shares of —95 before losing most of it in the share collapse. He built, but never lived in, a vast house on the corner of Park Lane and Stanhope Gate in Mayfair , London, which was bought after his death by the banker Sir Edward Sassoon.

Barnato died in ; records state that he was lost overboard near the island of Madeira while on a passage home to England. His family stated that it was totally out of character for him.

Barney barnato biography

Solly Joel who was suspected of stealing money from the company then inherited it on Barnato's death. Barnato's body was recovered from the sea and buried at Willesden Jewish Cemetery in London. The theory regarding the suicide of Barnato has also been tied to one of his heirs, his nephew Woolf Joel — 14 March , [ 10 ] who was shot and killed in his business offices in Johannesburg by a con-man named Karl Frederick Kurtze, who in went under the name Ludwig von Veltheim.

In his trial for murder, von Veltheim hinted that he was supposed to be orchestrating a plot to kidnap Paul Kruger , President of the Transvaal Republic , that Barnato and Joel were backing. The murder stemmed from blackmail against Joel, but von Veltheim claimed he was only seeking his promised payment. As a result, von Veltheim was able to get an acquittal from a Boer Jury possibly due to anti-British and anti-Semitic feelings towards the deceased.

His fortune was divided up among his family, among which were his sister Sarah and her husband Abraham Rantzen, great-grandparents of TV presenter Esther Rantzen. Contents move to sidebar hide. His wealth, financial shrewdness, and mode of living made him almost legendary. His vast interests, however, imposed a considerable strain on him and on a voyage to England in , apparently emotionally disturbed, he jumped overboard and was drowned.

Raymond, B. Barnato ; L. Herrman, History of the Jews in South Africa , ff. Lewinsohn, Barney Barnato ; S. Jackson, The Great Barnato Wheatcroft, The Randlords , index; odnb online. Cite this article Pick a style below, and copy the text for your bibliography. January 8, Retrieved January 08, from Encyclopedia. Then, copy and paste the text into your bibliography or works cited list.

Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia. Religion Encyclopedias almanacs transcripts and maps Barnato, Barney. Barnato, Barney gale.