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By Reviewed By Andreas Zabczyk

Laurence Graff: A Luminary in the World of Diamonds and Gemstones

Laurence Graff
Laurence Graff

Behind the glamour of high-priced gem auctions at Christie's and Sotheby's, there is often one man making the winning bids: Laurence Graff. Known for purchasing extraordinary gems like the $3.6 million Burmese ruby in 2006, Graff's name has become synonymous with luxury and opulence in the jewelry industry.

Graff, a leading figure in the world of diamond and gemstone dealing, maintains a discreet profile despite his immense success and wealth. His journey to the pinnacle of the high-end jewelry business is one of a self-made man, comparable to notable figures like Hans Stern.

Born to Eastern European Jewish immigrants in London's East End, Graff's humble beginnings in the jewelry world started at 15 as an apprentice in Hatton Garden. Despite initial setbacks, his resilience and passion for gems led him to establish his own business by age 22. His persistence paid off when he met the Crown Prince and Princess of Brunei, now the Sultan and Queen, during a trip to Singapore, marking the beginning of a series of high-profile clientele acquisitions.

Graff's Business Expansion and Influence

With the patronage of the royal family of Brunei and other wealthy clients, Graff expanded his empire beyond London. He established his flagship store in Mayfair and further ventured into Europe and America. A key strategic move was acquiring a stake in the Johannesburg-based South African Diamond Corporation, securing his status as a DeBeers sightholder. This pivotal step enabled Graff to oversee every aspect of diamond processing, from cutting to polishing and jewelry manufacturing.

Today, Graff continues to acquire and sometimes recut the world's finest gemstones, often found at prestigious auctions. His talent for setting spectacular stones in uniquely designed pieces has made his jewelry highly sought-after in the luxury market.

Graff's Legacy and Recognition

At 85, Laurence Graff remains a vital force in his business. His contributions to the high-end jewelry scene set him apart as one of the industry's most influential figures. In recognition of his service, Graff was honored with an OBE in 2013, cementing his status as a jewelry industry icon.

Key Highlights

  • Laurence Graff's success in gem auctions and luxury jewelry market.
  • Graff's rise as a world-renowned diamond and gemstone dealer.
  • Expansion of his jewelry business and strategic business moves.
  • Graff's notable clientele, including royalty and high-net-worth individuals.
  • His lasting impact and accolades in the high-end jewelry industry.
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