DiamondBuzz
Anglo American reshapes leadership as it narrows focus; De Beers CEO retains key role
Anglo American has announced a streamlined executive leadership structure as it continues to sharpen its focus on core businesses, including copper, iron ore, crop nutrients—and diamonds through De Beers Group.
While the company has completed the demerger of Valterra Platinum and is exiting steelmaking coal and nickel, De Beers remains strategically significant. Al Cook, CEO of De Beers Group, will continue to be part of Anglo American’s executive leadership team until the planned separation of the diamond business progresses further.
From 1 July, Al Cook will continue to represent De Beers at the group’s top level, reinforcing its integral role during this transitional phase.
DiamondBuzz
Kylie Jenner Debuts At Victoria’s Secret Show In $50 Million Fantasy Bra By Jacob & Co.
Kylie Jenner Walks The Ramp In Bra Crafted By Jacob & Co. From 4,410 Natural Diamonds Surrounding A 75.54-Carat Radiant-Cut Fancy Vivid Yellow Diamond
This year, the famous Fantasy Bra returned to the runway for the first time since 2018. Made by New York jeweler Jacob & Co., it costs $50 million—making it the most expensive Fantasy Bra ever and about $35 million more expensive than any previous version.
Making her Victoria’s Secret Fashion Show runway debut,Kylie Jenner wore the show-stopping bedazzled bra, a gauzy white mini skirt and expansive white feathered angel wings.
The bra features 4,410 natural diamonds set around a large, bright yellow 75.54-carat diamond. A team of 15 craftspeople spent over 1,000 hours creating the piece, which weighs just under two kilograms (about 4.4 pounds).
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