LVMH acquired the second largest diamond in the world

Louis Vuitton made a splash by showing off their latest purchase, the world's second largest rough diamond, worth $ 50 million. Thus, the French multinational company LVMH (Louis Vuitton Moet Hennessy) has further strengthened its position in the premium jewelry market . Recall that at the end of last year, LVMH acquired the American jewelry company Tiffany.

This is a rare 1758-carat diamond, called Sewelô, which was mined by mining company Lucara in April last year in Botswana. This find became the largest since 1905, when a stone weighing 3106 carats was discovered. Soon, the 1758-carat Sewelô diamond will fall into the hands of Louis Vuitton's top-class jewelers and will adorn a collection of exquisite jewelry that can cost tens of thousands of pounds.