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Index/Leadership/Beyond The Family Business
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Diamond Diving Family Business in South Africa | Michael Cooke, Westcoast Gems

Beyond The Family Business · 2026-04-02 · 46 min

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Topics in this episode

canadian businessfamily businessfamily officesuccessionestate

Episode notes

In this episode, Michael Cooke - second-generation owner of Westcoast Gems - takes us inside the high-risk, little-known world of offshore diamond diving along South Africa’s rugged coastline. He shares how his father entered the industry and forged an unlikely partnership with a biracial diver during apartheid-era South Africa, defying social norms of the time. Michael reflects on stepping into the family business, learning tough lessons firsthand beneath the ocean’s surface, and navigating the realities of a changing industry. As synthetic diamonds disrupt the market, he explains how Westcoast Gems is leaning into its authentic, family-driven story to stand apart in an increasingly competitive landscape.

Related episodes across the Index

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  • Inherited Vision, Unwritten Future: How the Next Generation Shapes What Comes NextLegacy Builders · on family business80 / 100
  • Season 1 - Episode 25 | The Real Journey of Entrepreneurship - Pain, Purpose, and Personal Growth: Mr. Daron Hongsananda (Thailand)Thriving in the Age of Disruption · on family business65 / 100
  • Episode 15: Erika's 2026 Lessons for SuccessBusiness Flow Formula · on canadian business

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