Joseph Lau buys ‘Blue Diamond’ worth 50 million pounds for his daughter

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Hong Kong businessman father has just splashed out £50 million on two recording-breaking diamonds – and gifted both of them to his little princess.Joseph Lau’s office confirmed this week that the real estate investor – worth an estimated £6.5 billion – went on the extraordinary spending spree over two days at back-to-back jewelry auctions in Geneva.

It also confirmed that the two eye-popping diamonds were both presents for his seven-year-old daughter and that he renamed them ‘The Sweet Josephine’ and ‘The Blue Moon of Josephine’ in her honor. 

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