Billionaire Joseph Lau buys world most expensive diamond for his 7-yr old daughter

World's most expensive diamond

Josephine, his youngest daughter, already has an impressive jewellery collection thanks to him.
According to Strait Times,in 2009,  he purchased a 7.03-carat blue diamond for US$9.48 million. He called it the "Star Of Josephine".
Last year, the doting father bought pieces of jewellery for his other 13-year-old daughter with long-time partner Yvonne Lui, Zoe.

Pink diamond

He paid US$32.6 million for a 9.75-carat 'Zoe Diamond', and HK$65 million (S$11.9 million) for a 'Zoe Red' ruby.

Pictured with his girlfriend Chan, the mother of Josephine

 According to Forbes, Lau is the 114th richest person in the world with an estimated net worth of $9.8 billion.