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Pulled from the Depths of the Earth: A $20M Diamond Weighing 404 Carats

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It’s the 27th-largest diamond in the world.

Australian mining firm Lucapa Diamond Company has dug up a diamond in Angola that weighs 404.2 carats, Fortune reports. Lucapa chairman Miles Kennedy told the business publication that the diamond is worth about $20 million and is the 27th-largest in the world. According to the article, it’s the largest diamond ever found in the country, nearly doubling the size of the previous record-setter, dubbed the “Angolan Star.” Kennedy plans to sell the diamond to fund an expansion in the area.

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Retirement Made Easy with Wilkerson

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