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Diamond record broken twice in 2 days - Revealed to have the same buyer who gave them to his 7 year old

 
Altucher
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User ID: 11744306
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11/12/2015 06:43 AM
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Diamond record broken twice in 2 days - Revealed to have the same buyer who gave them to his 7 year old
[link to www.dailymail.co.uk]

A Hong Kong businessman has spent £50million on two recording-breaking diamonds in the past two days - and gifted both to his seven-year-old daughter.

Joseph Lau's office confirmed the real estate investor - worth an estimated £6.5billion - went on the extraordinary spending spree over two days at back-to-back jewellery auctions in Geneva.

It also confirmed the two recording-breaking diamonds were both presents for his young daughter and renamed 'The Sweet Josephine' and 'The Blue Moon of Josephine' in her honor.

He bought the first diamond, a rare pink stone weighing 16.08-carats and graded vivid fancy pink, for a record price of £18m after a bidding war at a Christie's auction.

It was the largest and most expensive diamond classed in the elite 'fancy vivid' category to ever go to auction.

The following day his team then crossed town to rival auctioneers Sotheby's with their sights on the 12.03-carat 'Blue Moon' diamond - possibly the largest known blue fancy vivid diamond ever found.

Discovered in South Africa last year, Lau smashed world records for the gemstone by paying £32million after a tense 30-bid auction lasting eight minutes.

Described by experts as 'internally flawless', it is the most expensive diamond of any colour and most expensive jewel ever sold.
Altucher  (OP)

User ID: 11744306
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11/12/2015 08:58 AM
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Re: Diamond record broken twice in 2 days - Revealed to have the same buyer who gave them to his 7 year old
bump
Anonymous Coward
User ID: 70785209
United States
11/12/2015 09:04 AM
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Re: Diamond record broken twice in 2 days - Revealed to have the same buyer who gave them to his 7 year old
shitty small stones for the money . Sucker seem not to know what to do with money
Mugatu

User ID: 69217182
United States
11/12/2015 09:12 AM

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Re: Diamond record broken twice in 2 days - Revealed to have the same buyer who gave them to his 7 year old
shitty small stones for the money . Sucker seem not to know what to do with money
 Quoting: Anonymous Coward 70785209


It's called money laundering. Odds are very good that the money of a "Hong Kong businessman" is pretty dirty

Even if he eventually resells this at half the price, it will be clean money, and he will have had a lot of bragging rights in the meantime.
PIR

User ID: 48619281
United States
11/12/2015 09:16 AM
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Re: Diamond record broken twice in 2 days - Revealed to have the same buyer who gave them to his 7 year old
shitty small stones for the money . Sucker seem not to know what to do with money
 Quoting: Anonymous Coward 70785209


Getting rid of US dollars as fast as he can.

Smart man I would say.
beeches

User ID: 69710263
United States
11/12/2015 10:58 AM

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Re: Diamond record broken twice in 2 days - Revealed to have the same buyer who gave them to his 7 year old
shitty small stones for the money . Sucker seem not to know what to do with money
 Quoting: Anonymous Coward 70785209


Getting rid of US dollars as fast as he can.

Smart man I would say.
 Quoting: PIR


many angles to this.

nice to see you PIR!!!
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