The announcement by Billionaire Lev Leviev, one of Israel’s wealthiest citizens, that he and his family are planning to leave Israel is causing reverberations all over Israel, and the Jewish world. Reported destination for Mr. Leviev is London, England, where the businessman and entrepreneur already has varied business interests. He is Chairman of African Israel Development Company, is also head of L.L.D. Diamonds, the largest diamond manufacturing company in Israel and one of the largest in the world. Leviev, age 51, came to Israel originally from Tashkent, Uzbekistan in 1971, and has been one of the leaders of the Bukharian Jewish community in Israel for many years. The billionaire’s personal fortune has been estimated at “between 4 and 7 billion dollars”, and he is rated number 278 by Forbes rating of the wealthiest people in the world.

A deeply religious man, Leviev made the news several years ago when he purchased the controlling interest in the exclusive Ramat Aviv Shopping Mall, and almost immediately prevented the multi-screen cinema there from being open on Shabbat and Jewish religious holidays. Although the cinema later opened its doors during Jewish holy days, Leviev retaliated by announcing that he would remove the cinema entirely from the mall. Leviev is deeply involved in the Chabad religious movement, and has made large donations to the Chabad Movement in both Israel and abroad. He was a personal friend of the late Lubavitcher Rebbe Menachem Schneerson, who has been refereed by many as the Jewish “Meshiach” or Messiah.

Leviev’s diamond empire, which includes mines in both Russia and southern Africa, has given him so much clout that he has even challenged the DeBeers international diamond syndicate by saying that due to the size and scale of his operations, he doesn’t need to be a Debeers diamond “sight-holder” since he has enough access to raw, uncut diamonds from his own sources. His real estate empire has also reached a state where he is purchasing exclusive property in cities such as London and New York City, some of which cost more than half a billion dollars. Besides purchasing various luxurious properties in the U.S., his Africa Israel company also owns controlling interest in the 1,700 “Fina” gas stations which are spread all over the continental U.S.

Leviev is a strong family man and the father of nine children. Recently, he appointed his eldest daughter to be the CEO of Africa-Israel, which may have been an advanced notification of his intention to relocate. He has also been recently quoted that he is very dissatisfied with the present political situation in Israel and also in the manner in which many non-religious Israelis are living, including their desecration of the Sabbath and religious holidays. Israel’s dealing with the Palestinians has also been disappointing to Leviev, especially in regards to the Olmert government’s willingness to return most of the West Bank in return for a peace agreement.

Whether Leviev and his family will like living in an increasingly Muslim influenced city like London is too early to tell. London’s Jewish population has recently taken on a religious revival which many younger families choosing to become deeply religious. London’s business proximity is probably attractive to Mr. Leviev as the city of nearly 20 million has one of the largest diamond bourses in the world. And regarding his many business interests in Israel, London is only a 4 hour plane flight away. While this move may not be permanent one, Mr. Leviev appears to be sending the State of Israel a distinct message that it should consider putting its political and religious house in order before it’s too late to do so.