Cecil Rhodes

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Cecil Rhodes was an English-born businessman, mining magnate, and politician in South Africa. He was the founder of the diamond company De Beers, which today markets 40% of the world’s rough diamonds and at one time marketed 90%. An ardent believer in colonialism and imperialism, he was the founder of the state of Rhodesia, which was named after him. After independence, Rhodesia separated into the nations of Northern and Southern Rhodesia, later renamed Zambia and Zimbabwe, respectively. South Africa’s Rhodes University is named after him. He set up the provisions of the Rhodes Scholarship, which is funded by his estate.