All dads often spoil there little girls. Others buy them 48$ million diamond rings.

Famous Blue Moon, an exceptionally rare gem was sold last Wednesday for 48$ million to a business man in HongKong named Joseph Lau who bought it for his 7 yr old daughter. Joseph Lau was the top bidder for the 12.03-carat “Blue Moon” diamond for a record-setting 48.6 million Swiss francs. He 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 28.7 million Swiss francs ($28.5 million) auctioned by Christie’s the night before, she said. The buyer renamed that diamond “Sweet Josephine,” Christie’s said.

The blue diamond, set in a ring, is among the largest known fancy vivid blue diamonds.
The Blue Moon — named in reference to its rarity,”once in a blue moon” — topped the previous record of $46.2 million set five years ago by the Graff Pink. The diamond also set a new record of more than $4 million per carat.