Israel's richest man, diamond billionaire, Lev Leviev, is moving to London. Uzbek-born Leviev is said to be making the move with his family in order to focus on the growth of AFI Development, the Russian property unit of Leviev's Africa Israel Investments. AFI raised $1.4 billion in May for its IPS but has since lost about 35 percent in trading on the London Stock exchange. Leviev is taking over as the AFI Development chairman.

In a related story, it has also been reported that he is looking to get a larger private jet. He has sold his Gulfstream Galaxy executive jet to Noam Lanir, the CEO of Livermore Investments Group Ltd. for $10-15 million. Leviev has homes in Moscow, Bnei Brak, New York and London so he's got quite the commute. Rumor has it that Russian billionaire Roman Abramovich, a man once rumored to have bought the Airbus A380 for private use, may have already helped Leviev chose his new ride.