Nelson will be honored as the inaugural grant winner at the Gem Awards gala on March 13.
The ‘King of Jewelry’ in Asia Dead at 91
Billionaire Cheng Yu-tung, who made Chow Tai Fook a household name, died last week after suffering a debilitating brain hemorrhage four years ago.
Hong Kong--Cheng Yu-tung, the man responsible for the widespread success of Asian jewelry chain Chow Tai Fook and founder of property group New World Development Co. Ltd., died on Thursday, the company announced, as reported by Reuters.
Cheng was 91. Four years prior, he relinquished control of his companies to son Henry Cheng after suffering a brain hemorrhage.
“He had spent the past four years in bed. He was unconscious,” said the younger Cheng to reporters.
Cheng was reported to be worth more than $16 billion, making him the third-richest man in Hong Kong.
The South China Morning Post noted that in Asia, Cheng was “known as the king of jewelry.”
Chow Tai Fook was launched in 1929 by Chow Chi Yuen. Cheng worked for Chow and eventually married Chow’s daughter; the couple had four children.
Cheng grew Chow Tai Fook to become Asia’s largest luxury jeweler. The company’s website lists 2,305 points of sale. It is also the owner of Boston-based jewelry brand Hearts On Fire, which it acquired in 2014.
The Latest

Experts from India weigh in the politics, policies, and market dynamics for diamantaires to monitor in 2026 and beyond.

These aquamarine jewels channel the calming energy of the March birthstone.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The “Innovative Design” category and award will debut in the Spectrum division of this year’s AGTA Spectrum & Cutting Edge Awards.


Diamond jewelry was the star of the event formerly known as the SAG Awards.

Consumers were somewhat less worried about the future, though concerns about rising prices and politics remained.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

Foerster is this year’s Stanley Schechter Award recipient.

Sponsorships and tickets to the annual fundraising event, set for May 31, are available now.

Chicago police and members of the U.S. Marshals Service tracked down the 35-year-old suspect earlier this week in St. Louis.

Owners of the Ekapa Mine reportedly filed for liquidation about a week after a mudslide trapped five workers who have yet to be found.

The “Splendente” collection has evolved to feature hardstone letter pendants, including our Piece of the Week, the onyx “R.”

The jewelry collection belonged to “one of society's most glamorous and beautiful women of the mid-20th century,” said the auction house.

The update came as Anglo took its third write-down on the diamond miner and marketer, which lost more than $500 million in 2025.

Emmanuel Raheb discusses the rise of “GEO” and the importance of having well-written, quality content on your website.

Each received around four years for burglarizing a jewelry store and a coffee shop in Simi Valley, California, last May.

Catherine Aulick, a GIA graduate, received the ninth and final Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design.

We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Are arm bands poised to make a comeback? Has red-carpet jewelry become boring? Find out on the second episode of the “My Next Question” podcast.

The Swiss watchmaker is battling declining sales amid a rapid retail expansion, according to a Financial Times report.

The campaign celebrates Giustina Pavanello Rahaminov, the co-founder’s wife and matriarch of the family-owned brand, for her 88th birthday.

Rachel Bennett, a senior jeweler who has been with Borsheims since 2004, earned the award.

After the Supreme Court struck down the IEEPA tariffs, President Trump imposed a 10 percent tax on almost all imports via a different law.

The industry veteran, who was with The Edge Retail Academy for 14 years, joins her husband at the company he founded in 2022.

The vintage signed jewelry retailer chose Miami due to growing client demand in the city and the greater Latin American region.























