Beyonce and Jay-Z’s 10-year-old daughter Blue Ivy Carter stunned the Wearable Art Gala in Los Angeles on Saturday night by bidding over $80, 000 (£70,700) for a pair of Lorraine Schwartz diamond earrings.
Blue Ivy’s bid got delighted gasps from the gala audience and shocked her grandmother, Tina Knowles-Lawson, 68, and actress Keke Palmer, 29, who were up on stage serving as the auctioneers.
Knowles is co-founder of the WACO Theatre Centre, which puts on the Wearable Art Gala every year to benefit its artistic and youth mentorship programs.
BWatch Beyonce and Jay-Z's daughter Blue Ivy Carter Bid more than $80k at Art Auction #ivycarter #blueivy pic.twitter.com/5c3j3mW3yg
— Social Fastpaper (@fastsocialnet) October 24, 2022
During the auction, Palmer was doing her auctioneer best by encouraging bidders to surpass the $80,000 that had been bid on the earrings when Blue Ivy jumped up from her chair and waved her paddle.
However, Monique Rodriguez, the founder of Mielle Organics, went head-to-head with her and made the winning bid of $105,000 (£93,000).
This is the second time that Blue Ivy, Beyoncé and Jay-Z’s eldest child, has shook things up at the exclusive auction.
Aged six, she bid $19,000 (£16,800) on another item up for auction at the 2018 gala.
The move prompted her rapper and business mogul father Jay-Z to anxiously put his hand over hers to prevent her from raising her paddle board again.
At the time she bid on an acrylic painting of a young Sidney Poitier against film producer Tyler Perry, 53, who didn’t realise he was bidding against a child.
"Somebody else was bidding against me," Perry later told NBC’s Today show after winning the bidding war with Blue Ivy.
"I didn’t know who it was...
"I look over and it’s her. She’s taking the paddle out of Jay’s hand and Beyoncé’s hand and she’s bidding."
He jokingly added: "This kid’s not outbidding me today... You gonna learn today, little girl, I’m getting this painting."
The annual charity event has become a family affair.
Beyoncé — who donated the first round of tour tickets to the gala, which reportedly sold for $150,000 (£133,000) — serves as an honorary co-chair along with her sister Solange Knowles, 36.