The 23-carat fancy vivid blue diamond, set to headline Christie’s May jewelry auction, was expected to sell for as much as $50 million.
Suspects Arrested in Kardashian Jewelry Heist
Police reportedly conducted a raid across France early Monday morning, rounding up more than a dozen suspects in the robbery of Kim Kardashian West.

Paris--French police have arrested more than a dozen people in connection with the Kim Kardashian West jewelry heist at a Paris hotel back in October.
According to French news site Europe 1, which broke the story early Monday morning, police arrested 16 suspects at 6 a.m. Monday Central European time in a simultaneous raid conducted across Paris and the Seine-Maritime and Alpes-Maritimes regions.
Agnès Thibault-Lecuivre, a spokeswoman for the Paris prosecutor’s office, told The New York Times (which has reported that 17 suspects were arrested) that the arrested group were in their 40s, 50s and 60s, with the oldest member being about 72.
Police used DNA recovered from the crime scene and footage from security cameras to identify some of the thieves.
Luc Poignant, a spokesman for a police union, told the Times that some of this evidence was used to set up a larger surveillance effort that led to more of the arrests, explaining, “You have the robbers, and then the one who is going to sell off the goods, the one who puts people in touch, the stone cutter, etc.”
Police can hold the suspects up to 96 hours without charging them.
The heist took place during the early hours of Oct. 3. West, a reality TV and social media star, was robbed at gunpoint after five thieves disguised as police officers made their way into her hotel, l’Hotel de Pourtalès, and forced the establishment’s concierge to take them to West’s suite.
The thieves, who arrived and departed by bicycle, made off with a $4 million Lorraine Schwartz ring and a reported $5 million worth of additional jewelry, plus two cell phones and a wallet, and left West shaken but unharmed.
West has been mostly silent on social media since, only recently returning to the various platforms she uses last week.
So far, only one piece of stolen jewelry has been recovered: a platinum cross necklace that was found in the street the day after the robbery, thought to have been dropped by one of the thieves.
National Jeweler could not reach the Parisian police for comment by press time.
The Latest

G.B. Heron Jewelers in Salisbury, Maryland, is set to close as its owner, Jeff Cassels, retires.

Emmanuel Raheb outlines the differences between the two platforms and posits that the most successful jewelers use both.

Supplier Spotlight Sponsored by GIA

The miner said its April sale featured a mix of commercial-quality primary rubies and secondary rubies of varying quality.


Health monitors become statement pieces when paired with the brand’s new collection of stackable diamond-studded bands.

Ten organizations were selected this year.

Six new retail businesses were selected for the 2025 program, which began in January.

Kim Carpenter and Sam Gevisenheit have joined the brand.

“Shell Auranova” is the next generation of the brand’s bridal line, featuring half-bezel engagement rings with bold and fluid designs.

Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

Designer Deborah Meyers created her birds from oxidized sterling silver, rose-cut diamond eyes, and Akoya Keshi pearl feathers.

The company said it expects sightholders to remain “cautious” with their purchasing due to all the unknowns around the U.S. tariffs.

Sponsored by the Gemological Institute of America

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

The company failed to file its quarterly reports in a timely manner.

The organization also announced its board of directors.

Charms may be tiny but with their small size comes endless layering possibilities, from bracelets to necklaces and earrings.

Located in Valenza, the now 355,000-square-foot facility includes a new jewelry school that’s open to the public, Scuola Bulgari.

Paola Sasplugas, co-founder of the Barcelona-based jewelry brand, received the Fine Jewelry Award.

A platinum Zenith-powered Daytona commissioned in the late ‘90s will headline Sotheby’s Important Watches sale in Geneva next month.

The basketball stars wear men’s jewelry from the “Curb Chain” collection.

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

The 21 pieces, all from a private collector, will be offered at its Magnificent Jewels auction next month.

Lilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.

GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.