Word: diamonded
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...consumer-driven culture, we define relationships with materialist symbols: saccharine cards on Valentine’s Day, long-stemmed roses on anniversaries, and diamond rings at engagements all serve as measures of our devotion to monogamy. However, with social-networking sites such as Facebook commanding an average of 20 minutes of our attention each day, a new standard of exclusivity is quickly divesting chocolates and perfumes of their primary significance. Forget meeting the parents: The ubiquitous Facebook “relationship status” now defines the seriousness of romance with a drop-down menu. We can be straightforwardly...
...President's junior, is accused by critics of extravagant spending sprees, with funds supposedly siphoned from Zimbabwe's state bank. According to the Sunday Times, she has spent tens of thousands of dollars on designer handbags and Vietnamese marble statues, and is supposedly speculating in a lucrative China-based diamond business. During stays in Hong Kong, according to local reports, Grace's entourage occupies two whole floors of some of the fanciest hotels. She was photographed in 2003 with 15 trolley loads of luxury goods while sitting in a first-class lounge in Singapore's airport. The Reserve Bank...
...Jewelers in New York City, for example, you can find the back room filled with sparkling rings and necklaces. "Last year, this was the high-end room," says Martin, the owner. "Now, it's the markdown room." Everything's on sale - for example, a $2,500, 18-karat-gold, diamond and amethyst ring now costs $597. "We're selling things at or even below cost," Martin says. "We have to adapt." Bradsdeals.com, an aggregator of retail deals on the Web, features a $48 bead necklace from online jeweler Blue Nile. "I've followed Blue Nile for a long time," says...
...understand how this works, think of Strata as a car insurance policy with a deductible. And then imagine you just had the worst wreck of your life while driving your diamond-encrusted Rolls Royce. The first $130 million in losses from the accident is your deductible. You are covered for the next $20 million in losses. The next $850 million comes out of your pocket again. (See pictures of expensive things that money...
...another tried in vain to keep penguins in a walk-in freezer. One wrote Pablo Picasso asking to buy ten paintings; he didn't specify color or type, just the size of his wall. A Houston oilman's wife wrote to the Smithsonian to ask whether the Hope Diamond was for sale. Then there were the two oilmen who loved playing practical jokes on each other; the high point of their duel came when one took a European vacation and his rival erected a full-size roller coaster in his front yard...