When Donald Trump told the The New York Times in 2005 that Graff Diamonds gave him a $1 million discount on Melania Knauss’ engagement ring, the future president of the United States was not telling the truth, Forbes has learned.
Graff Diamonds’ billionaire chairman Laurence Graff said in a January 26 email sent from his home in Gstaad, Switzerland, that Trump was “a pleasure to do business with” but that he was given “no favours” when he bought the ring, which sports an emerald cut D-flawless diamond weighing more than 10 carats.
“We don’t sell items for publicity value,” said Graff CFO Nicholas Paine. Publicity value was what Graff was seeking with the purported discount to Trump, wrote the Times, quoting Trump as saying, proudly, “Only a fool would say, ‘No thank you, I want to pay a million dollars more for a diamond.’” The ring retailed for $1.5 million, according to the Times. Graff and Paine declined to specify a price.
— Forbes (@Forbes) February 8, 2018
President Donald Trump has been caught in a lie once again. https://t.co/n2SGPj19DZ
— W magazine (@wmag) February 8, 2018
— Newsweek (@Newsweek) February 8, 2018
Official Portrait of First Lady pic.twitter.com/K1DUVE5kSI
— Melania Trump (@FLOTUS) April 3, 2017