Alex Cowper Smith is a British philanthropist and businessman, who has a net worth of $1.5 billion in 2021. He was born on November 29, 1979 in London. Alex attended a public school called Eton College, where he studied economics and mathematics before attending the University of Oxford for his undergraduate degree.
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He then went to work at Goldman Sachs as a trader for a year before transferring to Morgan Stanley in 2006. Alex had an impressive run with Morgan Stanley’s mergers & acquisitions team until 2010 when he left the company with a total of $20 million dollars after being fired by the firm because of his age (37 years old).
Alex decided to use a large portion of the $20 million dollars he made at Morgan Stanley and founded a company called Botswanan Diamond Investments, where they would purchase diamonds from all over Africa.
Alex realized that a lot of African countries were being taken advantage of when it came to diamond sales so he started a fund with Botswana’s government called De Beers to increase the price of diamonds in a fair manner.
Alex used a portion of his company’s profits on buying a $35 million dollar mansion on New York’s Fifth Avenue. He also purchased a home for himself and his family, located in London that is worth an estimated $32 million dollars.