A unit of De Beers unearthed one of the world’s largest diamonds in Botswana earlier this month.
The 1,098-carat diamond is believed to be the third-largest gem-quality stone ever mined. It’s worth a jaw-dropping $100+ million. 80% of the income through sales will be passed on to the state to “be used to advanced national development in the country,” according to the Botswana Government.
President Mokgweetsi Masisi revealed the palm-sized stone to the public on Wednesday.
The world’s largest stone remains the 3,106 carat Cullinan stone discovered in South Africa in 1905. It was cut and placed into the British Crown Jewels where it remains to this day.
The second-largest diamond remains the 1,109-carat Lesedi La Rona found in the Lucara Diamonds in Botswana in 2015. That’s a whole lot of rings.