Cecil Rhodes
Appears in 3 conspiracy theories
Confirmed
Diamonds Are Forever — Artificial Scarcity by De Beers
De Beers ran a confirmed monopoly on diamond supply for over a century while using the 1947 'A Diamond Is Forever' campaign to manufacture the tradition of diamond engagement rings and suppress resale markets.
1888 · South Africa · Cecil Rhodes, Ernest Oppenheimer, De Beers
Confirmed
Scramble for Africa — Colonial History Whitewashed
King Leopold II's Congo Free State (1885-1908) killed an estimated 10 million Congolese — largely omitted from Belgian history books until the 1990s and still absent from many European curricula.
1884 · Europe · Leopold II (Belgium), Cecil Rhodes, E.D. Morel
Confirmed
Diamond Resale Value Myth / Engineered Illiquidity
De Beers deliberately built a retail market with no buy-back mechanism, trapping consumers in an illiquid asset that loses 50% of its value upon purchase — a designed feature, not a bug.
1888 · South Africa · De Beers, Cecil Rhodes, Ernest Oppenheimer