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Business View Caribbean
Diamonds International
The caribbean’s number-one fine jewelry retailer
Diamonds International is a privately-owned, interna-
tional jewelry manufacturer and retailer. It was found-
ed by Morris and Albert Gad, the children of David
Gad, an Israeli immigrant to the U.S., who had built
a successful diamond trade business some years be-
fore. The two brothers, and partners, Wendy and Abe
Tarapani, began their company as a wholesaler to jew-
elers in the Caribbean. They opened their first store on
St. Thomas, in the U.S. Virgin Islands, in 1987.
Over the next several years, the company expanded all
across the Caribbean and as far as Skagway, Alaska.
Today, Diamonds International has over 3,500 em-
ployees at 130 stores throughout the Caribbean, Mex-
ico, and the United States under its corporate label,
which also includes Tanzanite International, DI Watch
& Design, and Tequileria International. The company
sells diamonds, tanzanite, high-end watches, semi-
precious stones, and fine jewelry of all kinds: rings,
earrings, bracelets, necklaces, pendants, and acces-
sories. It bills itself as “the largest duty-free jeweler in
the world.”
