They’re hard to tell from the real thing, and celebrities and modern jewellers love them. What’s not to like?
Elizabeth Taylor wore a 68-carat version, Audrey Hepburn and Beyoncé sported the same yellow one and Shirley Bassey made a large slice of her fortune singing about them. Diamonds have long been the most coveted gem for anyone with enough money or status, but the growing popularity of a lab-grown version of these stones is now causing schisms in the jewellery world.
Lab-grown diamonds are created in weeks in plasma reactors and have only been recognised as diamonds by the US’s Federal Trade Commission since 2018, but they have already spawned a $6bn industry, a figure that is expected to double by 2025.
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