The first Diamond Way Buddhist centre was founded in 1972 by Hannah and Ole Nydahl.
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More recent additions to the collection of schools include Shambala originally conceived by Chögyam Trungpa, Diamond Way Buddhism, a multicultural Lay Buddhist tradition under the guidance of H.H. 17th Karmapa Trinley Thaye Dorje and the New Kadampa tradition founded by Geshe Kelsang Gyatso.