Martin rapaport diamond price list
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Diamond Price List History – Martin Rapaport
Martin Rapaport is an affable and bubbly version of Bill Gates. A genius with an economics background, he grew up in a diamond family and rose to fame by reporting wholesale diamond prices during the 1979-80 commodity boom when 1.00ct D Flawless reached a dealer price of $36,000 (twice today’s list price).
He has since built a substantial diamond information and service business, and like Gates, he is loved and hated but never ignored.
Most diamond business agreements and dealer sales are based on Rap or List prices. Buyers want him to lower the prices and sellers want him to raise them! He is more powerful than De Beers yet Mr. Rapaport handles this power without any sign of corruption. He understands his responsibility and is of devout religious and philosophical character.
People argue wether Rap reports prices or sets them, but it doesn’t matter, the fact is every dealer and diamond merchant uses Rap. In the trade we ask “how much back?” Asking for the price per carat, or w
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Martin Rapaport
Martin Rapaport, de nacionalidad estadounidense, es el fundador de Rapaport Diamond Report. Comenzó su carrera como divisor de piedras en Amberes y se trasladó en 1975 a la ciudad de Nueva York.[1] Es conocido como un incomformista respecto a la industria del diamante,[2] y lucha por lograr un comercio justo en la misma. Es miembro del World Diamond Council[3] que patrocina Jewelers for Children[4] y uno de los primeros participantes en el Proceso de Kimberley.
También organiza anualmente la Rapaport International Diamond Conference en Nueva York,[5] que a menudo sirve de foro entre la industria del diamante, las ONG relacionadas con esta industria y las agencias gubernamentales de distintos países.
Es conocido por luchar por los derechos de los mineros de diamante en el tercer mundo tratando de lograr sueldos justos para ellos.
Referencias
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Martin Rapaport
American diamond dealer
This article needs to be updated. Please help update this article to reflect recent events or newly available information.(August 2024) |
Martin Rapaport is the chairman of the Rapaport Group and founder of the Rapaport Diamond Report and RapNet, an online diamond trading network.[1] Known for his influential role in the diamond industry, Rapaport has been both a pioneer and a controversial figure, advocating for price transparency, ethical sourcing, and the commoditization of diamonds. His work extends beyond market analysis to include contributions to addressing conflict diamonds, promoting Fair Trade practices, and engaging with non-governmental organizations on industry ethics.
Career
Martin Rapaport began his work as an apprentice diamond cutter in Antwerp, Belgium.[2] In 1978, he created the Rapaport Price List, which would later become a pivotal tool in the diamond industry.[3] In 1980, he established RapNet, an electronic diamond trading network that further revolutionized
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