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From Beyonce\u2019s 18-carat stunner to Kim Kardashian\u2019s 15-carat cushion cut beauty, we\u2019re used to seeing extravagant price tags in the magazines and the extra-large sparkle in blogs online.<\/p>\n<p>But what about the world\u2019s most expensive wedding ring? Well, it wasn\u2019t even bought for a bride-to-be. Instead, it was bought for a 7-year old.<\/p>\n<h2><b>What?<\/b><\/h2>\n<p>Actually, it was the world\u2019s most expensive diamond that was bought by a billionaire Hong Kong tycoon, for his daughter. It was the \u201cBlue Moon\u201d diamond and it sold for $48.4 million making it the highest price per carat ever obtained.<\/p>\n<p>How many carats was it, you ask? It weighed in at 12.03 carats but it&#8217;s unique beauty and fame came from its vivid, sparkly blue hue. Mined in South Africa, it was a \u201cperfect\u201d blue diamond because of its highest marks in both color grading and in clarity &#8211; one of the rarest of the rare ever to be found.<\/p>\n<h2><b>Where?<\/b><\/h2>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-46385\" src=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring.jpg\" alt=\"The Story Behind the World\u2019s Most Expensive Wedding Ring\" width=\"727\" height=\"485\" srcset=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring.jpg 727w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-300x200.jpg 300w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-335x223.jpg 335w\" sizes=\"auto, (max-width: 727px) 100vw, 727px\" \/><noscript><img decoding=\"async\" class=\"aligncenter size-full wp-image-46385\" src=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring.jpg\" alt=\"The Story Behind the World\u2019s Most Expensive Wedding Ring\" width=\"727\" height=\"485\" srcset=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring.jpg 727w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-300x200.jpg 300w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-335x223.jpg 335w\" sizes=\"(max-width: 727px) 100vw, 727px\" \/><\/noscript><\/p>\n<p>In 2015, the diamond was auctioned off in Geneva at the November Magnificent Jewels Auction. Because of its rarity the price was determined during the auction, which included those that could actually afford its ridiculously high (unprecedented) price tag.<\/p>\n<p>The estimations for the Blue Moon diamond were between 34 to 54 million. With it eventually being sold at more than $4 million per carat!<\/p>\n<h2><b>Who?<\/b><\/h2>\n<p>Hong Kong billionaire, Joseph Lau, bought the diamond as a gift for his 7-year old daughter, Josephine. He promptly renamed the diamond after the purchase &#8211; The Blue Moon of Josephine.<\/p>\n<p>The interesting thing behind the story is that this wasn\u2019t even her first gemstone in her collection. The night before, her father also bought her a 16.08 carat pink diamond for $28.5 million and renamed it Sweet Josephine.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-46386\" src=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1.jpg\" alt=\"The Story Behind the World\u2019s Most Expensive Wedding Ring\" width=\"972\" height=\"547\" srcset=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1.jpg 972w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-800x450.jpg 800w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-300x169.jpg 300w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-768x432.jpg 768w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-150x83.jpg 150w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-335x189.jpg 335w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-700x394.jpg 700w\" sizes=\"auto, (max-width: 972px) 100vw, 972px\" \/><noscript><img decoding=\"async\" class=\"aligncenter size-full wp-image-46386\" src=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1.jpg\" alt=\"The Story Behind the World\u2019s Most Expensive Wedding Ring\" width=\"972\" height=\"547\" srcset=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1.jpg 972w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-800x450.jpg 800w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-300x169.jpg 300w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-768x432.jpg 768w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-150x83.jpg 150w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-335x189.jpg 335w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-1-700x394.jpg 700w\" sizes=\"(max-width: 972px) 100vw, 972px\" \/><\/noscript><\/p>\n<p>Josephine isn\u2019t his only daughter though. He\u2019s the owner of yet another blue diamond. Weighing in at 9.75 carats is the Zoe Diamond &#8211; named after his daughter Zoe.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-46387\" src=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3.jpg\" alt=\"The Story Behind the World\u2019s Most Expensive Wedding Ring\" width=\"513\" height=\"562\" srcset=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3.jpg 513w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3-274x300.jpg 274w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3-306x335.jpg 306w\" sizes=\"auto, (max-width: 513px) 100vw, 513px\" \/><noscript><img decoding=\"async\" class=\"aligncenter size-full wp-image-46387\" src=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3.jpg\" alt=\"The Story Behind the World\u2019s Most Expensive Wedding Ring\" width=\"513\" height=\"562\" srcset=\"https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3.jpg 513w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3-274x300.jpg 274w, https:\/\/www.topweddingsites.com\/wedding-blog\/wp-content\/uploads\/2017\/11\/The-Story-Behind-the-World\u2019s-Most-Expensive-Wedding-Ring-3-306x335.jpg 306w\" sizes=\"(max-width: 513px) 100vw, 513px\" \/><\/noscript><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Expensive engagement rings are old news. Celebrities are constantly outdoing one another and upping the ante with every new announcement of a proposal. From Beyonce\u2019s 18-carat stunner to Kim Kardashian\u2019s 15-carat cushion cut beauty, we\u2019re used to seeing extravagant price tags in the magazines and the extra-large sparkle in blogs online. But what about the world\u2019s most expensive wedding ring? Well, it wasn\u2019t even bought for a bride-to-be. Instead, it was bought for a 7-year old. What? Actually, it was [&hellip;]<\/p>\n","protected":false},"author":73,"featured_media":46388,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2883],"tags":[],"class_list":["post-46384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jewelry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Story Behind the World\u2019s Most Expensive Wedding Ring<\/title>\n<meta name=\"description\" content=\"For the ultra-ultra-wealthy, there are jewels of extravagance beyond measure. But THIS ring, in particular, is beyond repute. 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