Illiterate Farmer Finds Diamond

Indian farmer becomes rich after ploughing up a 14.98 carat diamond.

A farmer from a rural part of Madhya Pradesh, in north central India, became rich overnight after finding a 14.98 carat diamond in his leased land. Lakhan Yadav sold his discovery at auction last week for £61,000.

“It’s sheer luck. You get it once in life. Everybody doesn’t get it,” Mr Yadav told Daily Telegraph. So far he's used his new fortune to buy a bit more land, a motorcycle and a couple of buffaloes.

During the nationwide Covid lockdown his school-aged children would tend to the buffaloes at home and he went to dig land. Mr Yadav, who is illiterate, now wants to spend the money to educate his children. “With this money, anything is possible. I will build a new house and spend money on the education of my children,” he said.

Mr Yadav said he would put the rest of his money into a bank account so that he can live on the interest from it in his old age. “I am not capable of investing this money because I am illiterate. I want my children to study well and then spend the money wisely,” he said.

However, striking it lucky once was not enough and Mr Yadav wants to continue his search for more diamonds. The state of Madhya Pradesh is richly endowed with mineral wealth and it's the sole producer of diamonds in India, so maybe he'll get lucky again.

The average annual income in Madhya Pradesh is 91,000 rupees, approximately £900 / $1,200.