CEO of Arabov Group
Alon Arabov was born in Israel. After a visit to New York City, he decided to remain in America and pursue a degree in business administration at New York University. Finding himself with time on his hands before the fall semester began, he took a job in New York City’s action-packed diamond district and never looked back. Arabov established himself as a diamond trader, ultimately leading to the founding of his own diamond dealership. After several years, he left New York to explore the diamond market in other parts of America, settling finally in Charlotte, North Carolina. Initially, he continued with the wholesale focus of his business, but observing that there was a shortage of quality diamond retail outlets, he expanded his business and initiated Diamonds Direct, which grew into an enormously successful jewelry and diamond retail establishment. Diamonds Direct captured millions in sales revenue by specializing in customer service and high-quality product. Arabov then set up successful wholesale outlets in New York City, Arizona, Maryland and other locations in America, and in Tel Aviv, Israel. Following this success, he returned to Israel and continued to expand the business, including entering into diamond cutting and polishing (operating factories in Russia, South Africa, Botswana and Israel) and joint-venture agreements with the largest diamond mining companies in the world. As a result, Arabov Group has become one of a select group of companies selling diamonds to their customers straight from the mines.