Gisele Bundchen Auctions Off Diamond Collection For Charity
Filed under: donations — Michael Parrish DuDell @ 10:51 am
September 19th 2008
Perhaps diamonds are a girl’s best friend, but they can be a diamond miner’s worst nightmare. It’s becoming common knowledge (thanks to films like Blood Diamond) that the diamond business can be a dangerous and corrupt trade.
Wikipedia tells us that in some of the more politically unstable central African and west African countries, revolutionary groups have taken control of diamond mines. In such cases using proceeds from diamond sales to finance their operations. Diamonds sold through this process are known as conflict diamonds or blood diamonds.
Now, Gisele Bundchen, has announced that she will be selling a personal collection of her diamonds in a special auction at Christie’s in New York. The collection includes a 6-carat diamond ring worth $120,000 – $150,000, and a 3.35-carat Sabbadini diamond ring worth $15,000 – $20,000. The good news is that a percentage of the money will be given to Russell Simmons’ Diamond Empowerment Fund, whose mission is to raise money to support education initiatives in countries where diamonds are a natural resource.
For more information, visit Christies.com.
thanks: looktothestars.org
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Tagged: gisele bundchen
I’m pretty sure children are used to mine diamonds and the metals used in modern day electronics, like cell phones. Not only is it child labor, but to ensure theft of the diamonds doesn’t take place, the workers/slaves/children have hands cut off and are hobbled. Think about how many electronics each and everyone of us owns, then think about what is making them work, where the materials come from, and where they end up. There is far more research to be done on this subject past Wikipedia.
Diamonds are precious but not everyone is nice enough to give them to charity like Gisele Bundachen.