The WACO event, which was sponsored by the Black female-owned beauty company Mielle Organics, was a star-studded affair. A-list celebrities like Beyonce, Blue Ivy, Jay Z, Tyler Perry, Magic Johnson, Terry Crews, Angela Basset, Chloe x Halle, and others attended the event hosted by Tina and Richard Lawson.

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Monique Rodriguez and Beyonce following Lorraine Schwartz Earrings Auction

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The highlight of the event was a bidding war for the most expensive item of the night between Blue Ivy (under the supervision of her parents) and Monique Rodriguez, the founder of Mielle Organics, and her husband Melvin. Monique and Melvin won the auction and took home the Lorraine Schwartz diamond earrings that Ms. Tina was wearing that night, which were noted during the presentation as having once belonged to Beyonce. The winning bid was $105K.

You can see the bidding below.

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About The Author

Senior Editor

Shawn Grant is a Chicago native and the Senior Editor of The Source Magazine. He can only be found on Instagram and Twitter at @shawnxgrant.

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