Founder of Helzberg Diamonds — the jewelry retail chain that his son Barnett C. Helzberg Jr. later sold to Warren Buffett.
Helzberg Diamonds as family business origin: Morris Helzberg founded the jewelry business that became one of the most successful specialty jewelry chains in America. His son Barnett's sale to Berkshire Hathaway (1995, reportedly after meeting Buffett on a New York street) is one of the more colorful acquisition stories in Berkshire's history. The generational business transition story.
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