ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Naive fisherman had a $100 million fortune right under his bed. He didn't know about it for 10 years

According to reports, the fisherman from Puerto Princesa found the item over a decade ago while he was fishing in the sea.
PUBLISHED OCT 6, 2024
Cover Image Source: | Getty Images | Andrii Lysenko ( Representative)
Cover Image Source: | Getty Images | Andrii Lysenko ( Representative)

Recognizing precious items is an art. This is why some things that are worth a lot are often hidden in plain sight. A fisherman in the Philippines kept a pearl under his bed for a decade. The enormous pearl, which could be the largest natural pearl ever found, is 30 cm wide and 67 cm long and weighs an incredible 34 kg.

The evaluators confirmed that it was actually formed inside a giant clam, and it could make the man a millionaire overnight. According to Palawan News, the fisherman from Puerto Princesa found it over a decade ago while he was fishing in the sea. The local news outlet later reported that he found it when his boat's anchor caught on a giant clam and he had to jump into the water to separate the two.

However, when he found the pearl, he kept it as a good luck charm and stowed it under his bed. It was when he moved to another party that he gave this pearl to his aunt. Aileen Cynthia Maggay-Amurao works at the local government as a tourism officer, and he brought it over to her. “That’s why he brought it to me since it’s quite heavy," she told The Guardian. 



 

She later went to experts to authenticate the pearl. "So far based on our research in the web we cannot find any recorded article about this kind and as big as this size. He said every time he goes out for fishing, he will touch the pearl."

However, it is confirmed that because it had come from a giant clam it would be valued at more than $100 million which can make the man a millionaire overnight. For the time being, the aunt with the man's permission gave their mayor Lucilo R Bayon the pearl as a tourist attraction. It is currently sitting in New Green City Hall in Puerto Princesa.



 

In his aunt's quest to find the value of the pearl, she asked experts on Facebook, “The Puerto Princesa City would likely earn another prestigious title and a record breaker for having the world’s biggest natural giant pearl from a giant clam (34 kilograms) after being certified for its authenticity. "Need help from a gemologist! "Just for the info of everyone, all recorded giant pearls in the world came from Palawan waters." 

She also urged people to raise awareness about the pearl and surrounding areas. If the pearl is found to be authentic, it'll beat the world's current biggest pearl which was discovered by a local diver from Brooke’s Point in Palawan, dubbed the Pearl of Lao Tzu. This one was found back in 1939 and weighed 6.4kg. If this one's actual it will surpass the weight of the previous one by 30 kg.



 

Pearls are the only gems in the world that are found and grown inside a living organism. Most are found inside oysters and scarcely found in clams making this clam-found pearl even rarer. The pearl had been displayed in the country many times as mentioned.

MORE ON MARKET REALIST
The guest had no idea whose face was engraved on the top of the box and how much it cost.
12 hours ago
The young entrepreneur saw a common problem kids his age faced and came up with an invention.
14 hours ago
It was a gift from the father of his first client to whom he had sold a condo.
17 hours ago
The singer wanted to celebrate his journey by sending fans to the place linked to his early days.
18 hours ago
Wait till you hear the list of weird prizes that 'Price is Right' gave in the '50s.
1 day ago
The bottled water from the popular retailer has nanoplastic particles more than the firm's limits.
1 day ago
Most of the sharks had concerns about water pressure even though the product impressed them.
1 day ago
The host wanted to be sure about the signature that added a lot of value to the doll and the cards.
2 days ago
The incident took place on a busy Friday night and the staff failed to keep track of the group.
2 days ago
Some users also told her to just sell the car back and take cash for it instead of just paying taxes.
3 days ago
The man was initially convinced that there was a gold nugget inside the rock but he just couldn't crack it.
3 days ago
The question may not have been suggestive but fans read between the lines and interpreted it their way.
3 days ago
Sajak acknowledged that his farewell was robbing the players of time and winning opportunities.
3 days ago
The user finally decided to spend what he found on a camera and still had $500 left.
3 days ago
The guest made it clear that he intended to hold on to the precious instrument for life.
4 days ago
The priest could've won the game if he hadn't failed to guess answers based on Bible clues.
5 days ago
The guest's children called it ugly but she held on to it as it made her feel at peace.
6 days ago
The contestant decided to do something different for the third slot and that backfired.
6 days ago
Charli and her sister were called out for being out of touch with the everyday reality of workers.
6 days ago
Former Amazon workers also commented giving further clarity about the meaning of the label.
7 days ago