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This Billionaire Just Bought A $48 Million Diamond — For His 7-Year-Old Daughter!

Must be nice, right?! Joseph Lau, a real estate tycoon from Hong Kong, bought a 12-carat diamond for his seven-year old daughter at a Sotheby's auction this week. The price? A whopping $48.4 MILLION dollars!! Related: Emilia Clarke Goes Bra-Less For Dior Jewelry! Lau renamed the famous diamond, which had been known as "Blue Moon," to "Blue Moon of [...]

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21:09 on November 13 2015

This Billionaire Just Bought A $48 Million Diamond — For His 7-Year-Old Daughter!

Perez Hilton — Must be nice, right?! Joseph Lau, a real estate tycoon from Hong Kong, bought a 12-carat diamond for his seven-year old daughter at a Sotheby's auction this week. The pri... more info

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