How Beny Steinmetz Became A Leading Business Tycoon

Beny Steinmetz.

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If you’ve never heard of Beny Steinmetz before, then that’s understandable. He’s a deeply private person who has always maintained a low profile.

That doesn’t mean that he isn’t worth learning about. On the contrary, Beny Steinmetz has an estimated net worth of $3.9 billion dollars, and is one of the world’s leading philanthropists.

From humble beginnings in Israel to international business success, the story of Beny Steinmetz is an intriguing one, and one that’s well worth finding out more about.

In this article, we explore Beny Steinmetz’s life, from how he started out to what the future has in store for him, and how he became the renowned business tycoon he is today.

Early Life

Beny Steinmetz was born in 1956 in Netanya, Israel, as the heir to a business dynasty built by his father, Rubin Steinmetz. Before going into business, Beny served for three years in the Israeli army, and then he embarked on a career in the diamond business.

At the age of 21, Beny moved to the diamond capital of the world, Antwerp in Belgium, where he started learning the ropes of the business. Over the years, he learned a lot about business and natural resources, all of which he would take into his later life as a successful entrepreneur and business leader.

In 1977, Beny returned to Israel from Antwerp and settled back in his home country, although he has always enjoyed travelling and remains committed to seeing the world.

Business Leadership And Professional Career

After returning to Israel, Beny decided to explore mining opportunities in Africa, as the continent is renowned for its extensive supply of natural resources and minerals.

In 1988, Beny bought his first and largest diamond factory in South Africa, and he quickly expanded his activities to other African countries after this initial venture. He moved into other countries such as Angola and Botswana, where he set up thriving enterprises.

As well as exploring new parts of the world, Beny also learned a lot about other lucrative business markets and became interested in areas as diverse as real estate and financial investments.

To help him to consolidate his various business ventures, Beny created BSG Resources (BSGR), which soon became a leading light in the global business landscape.

Using his creativity and hands-on approach to business, Beny turned BSGR into a global leader in the natural resources and financing worlds. Through a range of various joint ventures and using company capital, the group invested in and operated, purchased and sold a wide range of large-scale mining and metal sector operations. The company managed to achieve this feat without help from its industry peers in the mining industry, which is incredibly impressive.

These strategic investments were driven by Beny’s desire to cooperate with local communities and businesses outside of the group without having to work with multinational players that dominated the marketplace at the time.

This unique approach to business helped BSGR become the global leader in the natural resources market that it is to this very day. Beny remains in close contact with the group and is on the board of directors in an advisory capacity, although he no longer manages the day-to-day running of the group’s activities.

Family And Philanthropy

Alongside his business ventures, Beny has always been deeply passionate about his family. He married his school sweetheart Agnes, and together they have four beloved children.

As well as being passionate about their own children, Agnes and Beny are also devoted to helping disadvantaged young people to have the best possible start in life. That’s why they jointly founded the Beny & Agnes Steinmetz Foundation, which donates extensively to a wide range of causes including schools, community centres, hosptials, the army and more.

One of the foundation’s most significant projects is its work donating 125 scholarships, each valued at 8,000 NIS, to Netanya Academic College students. This valuable work helps those from different socio-economic backgrounds to get the best start in life and earn the education they deserve.

Thanks to their philanthropic work, Beny and Agnes Steinmetz both hold honorary doctorate degrees from the Netanya Academic College, as well as from the Tel-Aviv Museum of Art in recognition for their support for the arts and their extensive donations.

The pair are also trustees for the museum and have a wing of the building named after them, where the establishment houses some of the jewels of its collection.

Beny is now a dual French and Israeli citizen who still loves to travel the world and learn new things, and although he is now more or less retired from the business world, he still has a lot of exciting projects going on that help him to keep active and support others.

Conclusion: The Future Looks Bright

Overall, Beny Steinmetz has worked diligently all his life to achieve success in both his business and philanthropic endeavours. He has succeeded in this aim, and has created a lasting legacy of excellence in the corporate and charitable worlds.

In the future, he looks set to continue to achieve even greater success, particularly in philanthropy. He will continue to run his charitable foundation and to support BSGR, on whose board he still sits in an advisory capacity. He will remain dedicated to helping others to achieve success as he did and to learning how to be the best leaders of tomorrow.

His extensive work has already shaped the business landscape for the better, and helped to make BSGR one of the top companies in the natural resources market. Now, Beny and his wife are turning their attention towards the next generation and using their funding and scholarships to help those who need support to fund the education they’ve always dreamed of.

For anyone who is interested in business, leadership or entrepreneurialism, Beny Steinmetz is an ideal role model. This article gives you an overview of his work, so you can understand how valuable it has been and how he came to be the business tycoon and philanthropic icon he is today.

Also Read: What Richest People Quote about Business

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