Helzberg Diamonds
| Company type | Subsidiary |
|---|---|
| Industry | Jewelry retail |
| Founded | 1915 |
| Founder | Morris Helzberg |
| Headquarters | United States |
Area served | 36 states in the United States |
Key people | Brad Hampton (CEO, 2022–present), Beryl Raff (Chairman and CEO, 2009–2022) |
| Parent | Berkshire Hathaway |
| Website | www |
Helzberg Diamonds is a jewelry retail company established in 1915 by Morris Helzberg, currently operating 210 locations throughout 36 states in the United States.
Leadership
In April 2009, Beryl Raff, who previously served as EVP and general merchandise manager for fine jewelry at JCPenney, was appointed chairman and CEO of Helzberg. Raff's tenure as CEO concluded in 2022, when Brad Hampton assumed the role.
History
Soon after the company's inception, Morris Helzberg became ill, prompting his son Barnett Helzberg Sr. to take control at just 14 years old. Barnett Sr. was appointed Chairman in 1963 while his son, Barnett Helzberg Jr., oversaw daily operations. In 1988, Barnett Jr. succeeded his father as Chairman and later sold the business to Warren Buffett's Berkshire Hathaway in 1995. Barnett Jr. also authored What I Learned Before I Sold to Warren Buffett, which shares insights from his entrepreneurial journey.
Although several stores were closed in 2017, Helzberg Diamonds maintains its commitment to Lifetime Care warranties through its remaining outlets and dedicated service center.