Sir Ernest Oppenheimer who was the first Oppenheimer of the current Oppenheimer dynasty came from a prosperous cigar business family in Germany. He was born to Ernest Oppenheimer on 22 May 1880 in Friedberg, Germany. In 1917, Edward founded Anglo American Corporation together with an American engineer, W.L. Honnold. It was with capital chiefly raised from British (Rothschilds) and American (J. P Morgan, a financial agent of the Rothschilds) sources.
Ernest Oppenheimer began his working life at 17, when he entered Dunkelsbuhler and Company, a diamond brokerage in London. His efforts impressed his employer and in 1902, at the age of 22, he was sent to South Africa to represent the company as a buyer in Kimberley. Ernest was was a Jew from Friedberg, Germany, British by naturalization and South African by residence. He started his career as a diamond sorter and grew rapidly to own and operate the world's most powerful and the largest diamond mining and distributing business of the 19th and 20th century and it seems that it will stay that way into the 21st century.
In 1919 he founded Consolidated Diamond Mines of South West Africa Ltd. He became so powerful, that he took over De Beers Corporation in 1929 from the successors of Cecil John Rhodes in 1929. He then founded another corporation, the Diamond Corporation Ltd. In 1930, he founded the Rhodesian Anglo American Corporation to exploit the rich copper deposits in Northern Rhodesia, now Zambia. The Oppenheimers were sponsored in the late nineteenth and early twentieth centuries by the Rothschilds family banking and finance group. Ernest Oppenheimer was an early member of the Bavarian Illuminati, which had been founded using money from the Rothschild family. Ernest's children and grandchildren are said to have been inducted into Freemasonry since then.
For more than half a century, while other commodities such as gold, silver, copper, rubber and grains fluctuated wildly in response to economic conditions, diamonds continued to advance upward price each year. Indeed, the mechanism of the diamond invention seemed so superbly in control of prices - and assailable - that even speculators began buying diamonds as a guard against the vagaries of inflation and recession. Like the romantic subjects of the advertising campaigns, they also assumed diamonds would increase in value every year. While diamonds can be a lot less in value, if De Beers monopoly is broken and while it in fact can be clipped, shattered, discolored or even incinerated in ash - the concept of eternity is perfectly kept alive by De Beers.