Son of billionaire sues ex-fiancee to get $250K ring back
A billionaire's heir is suing his former fiancee to get a $250,000 engagement ring back, the Palm Beach Daily News reports. Wyatt Koch, Florida fashion designer and son of Bill Koch, paid $180,000 for an 8.24 carat diamond ring for Ivie Slocumb in March, but Koch's lawyer says it was recently appraised at a quarter of a million dollars. According to Page Six, the lawsuit, which was filed Tuesday, claims Slocumb ended the engagement in May.