article_snippet: The jewel came into Angiolillo's family's possession when his father, Renato Angiolillo, the founder of Italian newspaper Il Tempo, purchased the stone in 1961, the New York Post reports.
article_snippet: his second wife, Maria Girani, Renato made a gift of the diamond - one that carried a caveat.
article_snippet: Renato's new bride would 'not have unfettered access to' Renato's new bride husband's collection of precious stones, according to the complaint.
article_snippet: The arrangement would last up until the newspaper magnate's death in 1973, when Amedeo cut a deal with Amedeo step-mother that allowed Renato's new bride to continue wearing the diamond, the lawsuit states.
article_snippet: Prized possession: The jewel came into Angiolillo's family's possession when Renato Angiolillo (pictured), the founder of Italian newspaper Il Tempo, purchased the stone in 1961 .
article_snippet: Renato Angiolillo (right) had a taste for precious stones, and was reported to have bought the diamond in Paris after losing big at the Monte Carlo casino .
article_snippet: Renato Angiolillo (right)
article_snippet: Renato Angiolillo (right) agreed to let Girani hold onto the diamond 'because Renato Angiolillo (right) was quite active and influential in Italian politics and sponsored political, social and business meetings at Renato Angiolillo (right) home,' a gift Renato bequeathed Renato Angiolillo (right) in Renato Angiolillo
article_snippet: Girani had a good relationship with Girani husband’s children and grandchildren, confirming on several occasions that the gems in Girani possession, including the Princie Diamond, belonged to her husband’s children and grandchildren by inheritance, and that her husband’s children and grandchildren would be returned to her husband’s children and grandchildren after Girani death,' according to documents filed.
article_snippet: Yet when Girani, too, passed away in 2009 and Girani husband's heirs came looking for the precious stone, her husband's heirs say it wasn't among Girani belongings.
article_snippet: Girani's son, Marco Bianchi Milella, who had once been friends and even roomed with his step-brother Angiolillo, claimed his never saw the diamond among his mother's possessions, .
article_snippet: Yet Christie's later told his step-brother Angiolillo that Milella told them his was the '100 percent beneficial owner of the diamond,' according to the lawsuit.
article_snippet: Police even seized other gems that had once been in Renato's collection at Milella’s home in Monte Carlo, which included a ruby necklace he'd given to he girlfriend, the lawsuit states.. 'New York law provides that once there is a "thief," an involuntary transfer, or if the property is lost in the chain of title, no one can take good title,' the lawsuit argues against Christie's later claim that a 'valid title' was provided by a Swiss entity.
highlights_snippet: Renato gave the 'Princie Diamond,' a 34.65-carat pink diamond he claims was stolen to Renato second wife, Maria Girani, who had the 'Princie Diamond,' a 34.65-carat pink diamond he claims was stolen in her possession until her death in 2009 .
  
highlights_snippet: After her passed away, Amedeo Angiolillo tried to recover the 'Princie Diamond,' a 34.65-carat pink diamond he claims was stolen but Girani's son Marco Biachi Milella said Amedeo Angiolillo had vanished .