Luxury jeweller Fabergé sold to tech investor in $50m deal

Gemfields, which owns brand, agrees deal with SMG Capital, controlled by Sergei MosunovBusiness live – latest updatesFabergé, the jeweller famed for its imperial Russian Easter eggs, has been sold to a technology investor in a $50m (£37m) deal.Gemfields, which mines coloured gemstones in Africa, has agreed to sell Fabergé to SMG Capital, a US investment company controlled by the tech backer Sergei Mosunov. Continue reading...

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Aug 11, 2025 - 12:58
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Luxury jeweller Fabergé sold to tech investor in $50m deal

Gemfields, which owns brand, agrees deal with SMG Capital, controlled by Sergei Mosunov

Fabergé, the jeweller famed for its imperial Russian Easter eggs, has been sold to a technology investor in a $50m (£37m) deal.

Gemfields, which mines coloured gemstones in Africa, has agreed to sell Fabergé to SMG Capital, a US investment company controlled by the tech backer Sergei Mosunov.

Continue reading...
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