The high-end jewelry retailer was sold to private investment firm Middle West Partners and a group of longtime clients.
DEF to Honor Helzberg at ‘Diamonds Do Good’
The retailer will receive the Corporate Legacy of Philanthropy Award at the organization’s gala on June 4 in Las Vegas.
New York--The Diamond Empowerment Fund has announced it will honor retailer Helzberg Diamonds with the Corporate Legacy of Philanthropy Award at its Diamonds Do Good event in Las Vegas.
The event is scheduled for June 4 at the Four Seasons Ballroom.
The Corporate Legacy of Philanthropy Award honors the actions taken by a corporation to better the lives in its local community while making a difference globally. DEF said that for more than a century, Helzberg has “epitomized this ideal.”
Morris Helzberg opened the first Helzberg store opened in 1915 in Kansas City, Kansas but his son, Barnett, soon took over the responsibility. His business skills and sense of community responsibility were what helped to grow the company even during the Great Depression.
He made himself an integral part of the community, providing counseling for the Girl Scouts, support for the Kansas City Zoo and establishing the Diamond Council of America.
When his son Barnett Jr. took over, he continued this tradition. He also developed the “I am loved” button promotion after proposing to his wife, Shirley, which became a campaign of goodwill sent to military men serving in the Vietnam War, children in hospitals and eventually was translated into more than 11 languages.
Barnett Jr. sold the company to Warren Buffet’s Berkshire Hathaway in1995. Beryl Raff was named the next leader of the company in 2009.
Three years later, in 2012, Helzberg established “Helzberg Helps” to honor its philanthropic traditions, with the mission of leading fundraising efforts and organizing volunteer activities primarily for charitable entities that support the benefit of children and families in need.
The company’s largest charitable efforts since 2009 supported Make-A-Wish America.
The retailer is one of three honorees at this year’s gala. The other two have not yet been announced.
For more information and to purchase tickets/sponsorships, visit DiamondsDoGoodAwards.org.
This story was updated post-publication because National Jeweler erroneously reported that two of the honorees from the 2016 Diamonds Do Good Awards gala--Dorothee Gizenga and Chow Tai Fook--were being honored in 2017. The Diamond Empowerment will be announcing the two additional honorees soon.
The Latest

The jewelry designer has partnered with Sofer Jewelry to distribute her 85-piece lab-grown diamond collection.

Dunn, this year’s Single-Store Independent inductee, is passionate about innovation and telling the story of natural diamonds.

Experience gemstones with greater precision and comfort than ever before.

The 24-carat fancy intense pink diamond ring could fetch up to $18 million at the November sale.


The “Island Jewel” candle honors New York City and Puerto Rico and raises money for the island’s water relief efforts.
The partnership will give JA members access to preferred pricing, exclusive benefits, technology solutions, education, and resources.

Submit your pieces for a chance to win in this year's competition.

Stores should expect to see the most customers on Nov. 27, and Christmas week is expected to be hectic too, as Dec. 25 falls on a Friday.

The charm, our Piece of the Week, features brown diamond frozen hot chocolate topped with white diamond whipped cream and a ruby straw.

The top lot of Elmwood’s recent fine jewelry sale in London was a 1.84-carat, D color Tiffany & Co. solitaire diamond ring.

The watch company agreed to sell a 95 percent interest to a group comprised of F.P. Journe, Chanel, and Swiss watch exec Pierre Jacques.

This round of tariff refunds is for importers that have sued over IEEPA tariffs in the Court of International Trade and won.

It revisits the brand’s most requested silhouettes, from "Pillow"-set necklaces and bracelets to "Signature"-set rings and earrings.

Ara Chanakian, a jeweler at Pattons, took home top honors in every category at Jewelers of Louisiana’s annual jewelry design competition.

The live charity benefit sale in Nashville will also feature gowns, boots, and other memorabilia from the country music legend.

Sponsored by Overnight Mountings

The supplier organization recently joined JA and JVC to have more input on political issues affecting the jewelry industry.

Blue Nile, a Signet Jewelers-owned brand, is now Royal Asscher’s exclusive licensed retailer in North America.

“Royal Oak” pays homage to the brand’s most popular watch model using 18-karat gold as well as diamonds, emeralds, and sapphires.

As part of the transition, Joseph Nicosia has stepped into the role of COO.

The alleged thieves used crow bars and sledgehammers to smash into jewelry stores across the state.

Ahead of the holidays, Smith urges jewelers to take a hard look at who’s buying jewelry, what they’re purchasing, and who’s stopped buying.

In the new consumer-facing campaign, four fashion and lifestyle creators share the stories behind their natural diamond pieces.

FGI President John Orrico is also leaving the company after more than 13 years.

The 2026 edition will feature presentations on alternative materials and design trends, as well as pop-up activations on the show floor.

It is the last fully operational diamond mine in Canada following the recent closures of Ekati and Diavik.






















