Diamond Way Buddhism is a network of lay Buddhist centers and groups affiliated with the Karma Kagyu tradition of Tibetan Buddhism. The organization was founded by Lama Ole Nydahl, a Danish teacher and student of the Tibetan lama, the 16th Karmapa, and his wife, Hannah Nydahl. It is a network of lay Buddhist centers and groups affiliated with the Karma Kagyu tradition of Tibetan Buddhism. The organization was founded in the 1970s by Lama Ole Nydahl and his wife, Hannah Nydahl, who were among the first Western students of the 16th Karmapa, the head of the Karma Kagyu tradition.