‘Blue Moon of Josephine’ Diamond: Billionaire Buys World’s costliest Diamond For Over $forty eight Million

November 13, 2015

An Asian billionaire has bought the sector’s costliest diamond. The vivid blue stunner weighs in at a hefty 12.03 carats.

The ‘Blue Moon’ diamond used to be sold for a whopping $ forty eight.4 million, making it the world’s costliest diamond.

according to the auctioneer David Bennett, it’s the “highest price per carat” ever obtained for any kind of stone.

The diamond was once purchased at a Sotheby’s auction in Geneva. The successful bidder renamed it, ‘Blue Moon of Josephine.’

at some point previous an nameless bidder in Geneva purchased a sixteen.08-carat purple diamond for $ 28.5 million. He named it ‘candy Josephine.’

CNN established after the auction that billionaire Joseph Lau, of property agency chinese Estates Holdings, purchased the diamond.

“sure, the diamonds have been offered with the aid of Mr. Joseph Lau for his daughter,” his assistant advised CNN.

This isn’t the primary time he has purchased massive gemstones for his 7-yr-previous Josephine. He additionally buys jewels for thirteen-year-previous Zoe.

The ‘star of Josephine” is known as after a 7.03-carat blue diamond that was purchased in 2009 for $ 9.forty eight million.

The 9.seventy five-carat blue diamond bought for $ 32.6 million used to be named ‘The Zoe Diamond’ and a Burmese ruby and diamond brooch weighing 10.10 carats bought for $ 8.forty three million, and was once quick renamed ‘The Zoe crimson.’

Lau is a prominent collector of artwork, diamonds, wine, and various different uber dear collectibles.

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