Louis Vuitton is a brand that is synonymous with luxury and extravagance. Known for their high-end clothing, accessories, and of course, their iconic handbags, the brand has become a symbol of opulence around the world.
Recently, news broke that Louis Vuitton had purchased one of the largest diamonds in history. But just how much did they pay for it?
The diamond in question is known as the “Sewelô” diamond and was discovered in a mine in Botswana. It weighs in at an impressive 1,758 carats, making it one of the largest diamonds ever found. The diamond was purchased by Louis Vuitton in partnership with Lucara Diamond Corp., a Canadian mining company that specializes in large diamonds.
While the exact amount that Louis Vuitton paid for the Sewelô diamond has not been disclosed, experts estimate that it could be worth as much as $50 million. This would make it one of the most expensive diamonds ever sold.
So why did Louis Vuitton decide to purchase this diamond? According to reports, the company plans to use it to create a line of high-end jewelry pieces. This isn’t the first time that Louis Vuitton has ventured into the world of fine jewelry – they already have an extensive collection that includes everything from bracelets and necklaces to earrings and rings.
The purchase of such a large and valuable diamond is certainly a bold move for Louis Vuitton. However, it’s not entirely surprising given the brand’s reputation for luxury and excess. It will be interesting to see what they do with this impressive stone and how they incorporate it into their jewelry designs.
In conclusion, while we may never know exactly how much Louis Vuitton paid for the Sewelô diamond, experts estimate that it could be worth up to $50 million. Regardless of the price tag, there’s no denying that this is an impressive acquisition for the brand. We can’t wait to see what they do with it!
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