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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
LifestyleAuction

‘Bleu Royal,’ the biggest vivid blue diamond ever auctioned, sells for $44 million

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November 7, 2023, 6:47 PM ET
"Bleu Royal", a 17.6 carat vivid blue pear-shaped diamond.
"Bleu Royal", a 17.6 carat vivid blue pear-shaped diamond.PIERRE ALBOUY/AFP via Getty Images
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The largest fancy vivid blue diamond to ever come to auction sold Tuesday for more than $44 million, far outstripping the pre-sale estimate, Christie’s said.

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The “Bleu Royal” — a ring featuring a fancy vivid blue pear-shaped diamond of 17.61 carats — was one of the standout pieces to go under the hammer at the auction house for Geneva’s Luxury Week.

Christie’s had estimated the ring would fetch around $35 million.

The auction house said the sale made the “Bleu Royal” the most expensive jewel sold at auction this year.

Christie’s said the gemstone would be handed over to another private collection for the first time in 40 years.

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