The area is one of the primary centers of the global diamond industry (along with London — rough stones; the Antwerp diamond district in Belgium — historical but waning; Mumbai, India — increasing in significance, Ramat Gan, Israel — also growing, and Johannesburg, South Africa — the major historical source), as well as the premier center for jewelry shopping in the city.
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His family have designed, manufactured and sold high-end jewellery from their Hill Street office tower, located in the heart of Los Angeles considered the Diamond District.
Supposedly these aspiring diamond miners formed a tent city near the mine which was named "Kimberly" in honor of the famous Kimberley diamond district in South Africa.