Dubai-based Fura Gems' Dev Shetty basks in $34.8 million shine after record set for world's priciest ruby
Fura's 55.2c ruby sets new record in New York auction sale to Middle East buyer
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Fura's 55.2c ruby sets new record in New York auction sale to Middle East buyer
The largest and most expensive ruby of its kind, a 55.22-carat specimen, sold at auction for $34.8 million on Thursday. | Pulse Ghana
A 55.22-carat ruby has become both the largest and most valuable gem of its kind ever to sell at auction, netting US$34.8 million on Thursday.
Stone was unearthed from mining company Fura's ruby mine in Mozambique
The new stone, whose name means "Star of Fura" in Portuguese, was unearthed from mining company Fura’s ruby mine in Mozambique's northern region of Montepeuz in July 2022.