JAMIE CARR: Handcuffed by the rand
The initial excitement of Ramaphoria is over and now it’s time to do the heavy lifting
A rise in pretax profits from US$22.1m to $69.6m marked an excellent year for the London-based purveyor of oversized sparklers to carriers of XXL wallets. A glance at any global rich list will tell you that things are looking pretty tidy up in the uber high net worth bracket, with a fresh crop of Chinese billionaires coming to play at the big boys’ table alongside the Russian oligarchs, the Arab petrocrats, the silicon valley geek squad and sundry other subspecies of the heavily minted. This is clearly good news for those who feed off this heady market, whether in financial services or in toys such as the floating and flying expressions of the size of one’s trouser. Of course this extends to baubles to slip on the neck of the dearly beloved wife, until she’s shipped off to pasture and replaced by a 21-year-old contortionist from one of the former Soviet republics.Graff’s chair is its founder, Laurence Graff, who started his working life aged 15 as an apprentice in London’s Hatton Ga...
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