Steinmetz Diamonds owned by Israeli billionaire Benny Steinmetz, spent two years cutting and polishing the Rough diamond. Which was mined by De Beers in Botswana, Southern Africa.
The stone was then worn by Danish model Helena Christensen around her neck to exhibit it to the public for the first time in Monaco in 2003.
Chow Tai Fook a Hong Kong based jewellery retailer bought the 59.6 carat pink diamond for $US 71.2 million (AUD $94.2 million), setting a world record for any gem.
The world’s largest jeweller Chow Tai Fook, was founded in 1929, operating more than 2,000 stores throughout greater China.
The Pink star is highest colour grade of vivid pink, and the highest purity of IF.
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