Diamonds, Dubai and The Donald

Jewelry lovers, you have one person to thank for getting Hollywood to break out the bling this weekend. One Mr. Donald Trump. Trump and Sultan Ahmed bin Sulayem of Dubai (a.k.a. one of the richest dudes on the planet) threw one humdinger of a soiree in Bel Air to introduce the new Trump International Hotel and Tower in Dubai.

When money talks, people listen. And when money throws a party – you take off the diamond studs and your ‘tasteful’ little gold pendants and bring out the big guns. Oscar darling, Hilary Swank, got the memo and dazzled with a gorgeous Y-neck diamond stunner. We admittedly miss her long locks, but the short do gives the rocks the platform they deserve.

Hayden Panettierre complemented her leopard print mini with a pair of stunning gold drop earrings, and Private Practice star, Kate Walsh, followed suit with some extra-long vintage diamond dazzlers.

The evening’s entertainment, Christina Aguilera, kept it simple with some big diamond hoops, and Trump spawn, Ivanka, wore an even larger version of the same. The apple doesn’t fall far.

You have to hand it to The Donald. He knows how to get people excited about architecture. The Dubai addition to his signature tower collection is one of the most anticipated structures on the luxurious Palm Jumeirah. The 62-story, stainless steel and glass tower will be the tallest building on the man-made island (of course) and should be completed in summer 2011. We're ready for our invite, Mr. Trump.

Record-breaking Diamond Ring To Debut– Did ‘The Donald’ Get Trumped?

There are certain things in life that are better left unsaid. If a woman is looking a bit puffy around the middle, you don’t dare ask her if she’s preggers, right? If your boss has his fly down in the middle of a presentation, better wait until the power point comes to a close before pointing out the obvious. In the land of diamond rings, the unspoken rule is, well, bigger is most definitely better.

Don't worry, guys. We know you can't all be "The Donald", who is rumored to hold the record for buying a rock worth $2 million for current wife, Melania. But let a girl dream, won't you?

No one knows this better than Czech Republic-based ALO Jewelry, who plans to debut the most expensive jewel ever made in the country during a Prague jewelry fair in October. According to the Prague Daily Monitor, the gold ring will support a diamond worth close to $1 million, and model Petra Nemcova will be the lucky lady to show it off to the gawking public.

"The demand for luxurious jewelery has definitely been on the increase," says Aloiz Ryšavý, owner of ALO. "Anyone can afford a diamond jewel nowadays," Ryšavý adds.

Well, maybe not THIS diamond jewel. But I would be happy to, say, guard it for them if they need any special assistance. In the meantime, maybe Melania needs a babysitter…