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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
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Christie’s Is Going to Auction the Largest Blue Diamond Ever

By
Claire Groden
Claire Groden
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By
Claire Groden
Claire Groden
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March 31, 2016, 11:50 AM ET
Courtesy of Christie's.

In May, bidders in Geneva will have a shot a the largest blue diamond to ever be auctioned.

The 14.62-carat, “Oppenheimer Blue” diamond is expected to sell for as much as $45 million, according to Bloomberg.

The big sale could come on the heels of a handful of equally pricey diamonds, like the 12.03-carat fancy blue diamond that sold for $48.4 million at a Sotheby’s auction last year. This April, Sotheby’s will sell a 9.54-carat blue diamond once owned by Shirley Temple for $35 million, Bloomberg reported.

The Oppenheimer Blue diamond will be especially coveted due to its rarefied history—it’s previous owner was Sir Philip Oppenheimer of De Beers Mining Company fortune.

The diamond will lead Christie’s auction of Magnificent Jewels at the Four Seasons Hotel des Bergues on May 18.

About the Author
By Claire Groden
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