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HONG KONG — A Hong Kong billionaire tycoon paid $77 million at auctions in Geneva for two large and rare colored diamonds for his 7-year-old daughter, Josephine — and renamed them after her, his office said Thursday.
Joseph Lau was the top bidder for the 12.03-carat Blue Moon diamond that sold Wednesday for a record-setting $48.5 million, said a spokeswoman for Lau. Sotheby’s said the buyer promptly renamed the gem “The Blue Moon of Josephine.” Lau was also the buyer of a 16.08-carat vivid-pink diamond that sold for $28.5 million, auctioned by Christie’s the night before, she said. The buyer renamed that diamond “Sweet Josephine,” Christie’s said.
