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NRIPage | Articles | The Gift That Keeps on Giving: Will Biden Keep or Return Modi's Diamond | Get Money, Finance & Investment Tips. Master Money Management & Smart Investments - NRI Page
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The Gift That Keeps on Giving: Will Biden Keep or Return Modi's Diamond?

The Gift That Keeps on Giving: Will Biden Keep or Return Modi's Diamond?
Jill Biden received a stunning 7.5-carat synthetic diamond worth $20,000 from Prime Minister Narendra Modi during his visit to the US in June 2023. This gift has become the most expensive one received by the US first family in 2023, according to a State Department report .
 
However, Jill Biden won't be able to use the diamond personally, as it has been retained for official use in the White House East Wing. The diamond will eventually be handed over to the National Archives after the Bidens leave office. Although, Jill Biden does have the option to purchase the gift from the US government at its market value after Biden's term ends.
 
This diamond is among the many luxurious gifts received by the Bidens from foreign leaders in 2023. Some other notable gifts include:
  • - A $14,063 brooch from Ukraine's ambassador to the US
  • - A $7,100 commemorative photo album from South Korea's impeached president, Yoon Suk Yeol
  • - A $3,495 statue from the Mongolian Prime Minister
  • - A $3,300 silver bowl from Brunei's Sultan
It's worth noting that gifts received by the first family exceeding $480 in value from foreign officials have to be declared, and expensive items are typically transferred to the National Archives or displayed officially .

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