Barnato, Barney

▪ British financier
original name  Barnett Isaacs  
born 1852, London, Eng.
died June 14, 1897, at sea

      financier and diamond magnate who rivaled Cecil Rhodes in struggling for control in the development of the South African mining industry.

      The son of a Jewish shopkeeper, Isaac Isaacs, in the East End of London, Isaacs followed his brother Henry to Kimberley, Cape of Good Hope, in 1873 to seek his fortune in the diamond rush. Adopting the name Barnato Brothers, which he and his brother had used in London as vaudeville entertainers, the two formed a diamond brokerage firm in 1874. Two years later “Barney” Barnato began the bold speculation in mining claims that led to the formation of the Barnato Diamond Mining Company (1880), which seriously challenged Cecil Rhodes's De Beers Mining Company. The struggle for control of the industry resulted in Rhodes's victory and the merger of the two companies as De Beers Consolidated Mines (1888), in which Barnato was made life governor. The same year he was elected to a seat in the Cape Parliament, which he held until his death. In 1889 he resumed speculating, buying up mining claims and real estate in the newly discovered Witwatersrand goldfields and floating Barnato Consolidated Mines and Barnato Bank. In ill health, however, Barnato committed suicide by jumping from a ship bound for England.

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Universalium. 2010.

Look at other dictionaries:

  • BARNATO, BARNEY — (Barnett Isaacs; 1852–1897), South African financier and mining magnate. Born in London, Barnato was educated at the Jews Free School and went to Kimberley, South Africa, in 1873, during the diamond rush. He joined his brother Henry and they… …   Encyclopedia of Judaism

  • Barnato, Barney — (1852 97)    South African mining magnate. Born in London, he went to the Jews Free School. In 1873 he went to South Africa during the diamond rush. He initially ran a theat rical company, and later worked in the diamond industry. Together with… …   Dictionary of Jewish Biography

  • Barnato, Barney (Barnett Isaacs) — (1852–97)    South African mining magnate. At the age of twenty one, Barnett Isaacs went to South Africa from his native London to join his brother Henry on the newly discovered Kimberley diamond mines. A colourful character, sporting fancy… …   Who’s Who in Jewish History after the period of the Old Testament

  • Barney Barnato — (born Barnett Isaacs) (5 July 1852 – 14 June 1897) was a South African Randlord, one of the entrepreneurs who gained control of diamond mining, and later gold mining, in South Africa from the 1870s. Background He was born in 1852 in a slum in… …   Wikipedia

  • Barney Barnato — Barney Barnato, um 1890 Barney Barnato (* 5. Juli 1852 in Whitechapel, London; † 14. Juni 1897, geboren als Barnett Isaacs) war ein südafrikanischer Diamantenmagnat, erst Gegenspieler von Cecil Rhodes, dann mit ihm Miteigentümer von de Beers.… …   Deutsch Wikipedia

  • Barnato — ist der Name folgender Personen: Barney Barnato (1852–1897), südafrikanischer Diamantenmagnat Diana Barnato Walker (1918–2008), englische Pilotin Woolf Barnato (1895–1948), Sohn von Barney Barnato, englischer Autorennfahrer und Finanzier, der als …   Deutsch Wikipedia

  • Barney — may refer to:;Media * Barney Friends , a children s TV show ** Barney (character), a purple dinosaur, the main character of Barney Friends * Barney (TV series), a British animated children s series * Barney Bear , a cartoon series * Barney Google …   Wikipedia

  • Barnato — may refer to: *Barney Barnato (born Barnett Isaacs) *Woolf Barnato (Joel Woolf Babe Barnato) …   Wikipedia

  • Barney (Vorname) — Barney (Aussprache: engl. /ˈbɑr.nɛɪ/ oder ˈ/bɑ, eingedeutscht: /ˈbaɐ.ni/) ist eine englische Koseform des männlichen Vornamen Bernhard (Bernard, Barnard), Barnabas und Barnaby. Berühmte Träger des Namens Reale Personen Robert Barney Baker… …   Deutsch Wikipedia

  • Barnato Walker, Diana — ▪ 2009       British pilot born Jan. 15, 1918, London, Eng. died April 28, 2008, Surrey, Eng. as a prominent member of the Atagirls, the women s branch of the World War II Air Transport Auxiliary (ATA), delivered some 250 Spitfires and other… …   Universalium

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