This Diamond Just Became The World's Most Expensive Birthday Present

by
Joe Durbin
You won't believe how much this father spent on his daughter.

What did you get for your birthday last year? A sweater? A Bicycle? Maybe a nice Starbucks gift card? Sounds pretty nice right? 

Well, chances are you're about to feel a lot worse about all those cheap gifts when you see what a real-estate mogul in China just bought for his daughter on her birthday. 

diamond ring

That is the "Blue Moon" diamond which recently came up for auction at Sotheby's auction house. The gem was snatched up by Hong Kong Billionaire Joseph Lau. 

Lau shelled out an astounding $48.5 million for the diamond and renamed it the "Blue Moon of Josephine" in honor of his daughter. That price makes this the most expensive gem purchase ever made, and it was all for a birthday present for Lau's daughter. 

That's right, this multimillion dollar purchase was made just so Lau could give his daughter a nice present. 

And apparently it's not the first time 

blue moon diamond ring

Lau seems to be on some sort of mission to purchase and rename every diamond of note for his daughter. 

Earlier that same week, Lau also paid $28.5 million for a 16.08-carat pink diamond which he renamed the “Sweet Josephine." 

Apparently that still wasn't enough to satisfy Josephine's gargantuan diamond lust because Lau also purchased a blue diamond in 2009 for $9.5 million that he renamed the "Star of Josephine." 

That all adds up to $84 million dollars in jewelry for this father's precious little girl. 

To put that in perspective the average expected income for an American worker's lifetime is $2.8 million. This means it would take more than 40 Americans working their entire lives to afford these birthday presents. 

She better get him a really nice tie for Christmas. 

Continue Reading: You Won't Believe These Insanely Expensive Food And Drink Items 

Banner Image Credit: @BBCworld on Twitter

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