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NY Millionaire Sues Sharon Bush for Ring

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NEW YORK — A multimillionaire financier once engaged to marry President Bush's former sister-in-law is suing her for the return of an 11-carat diamond engagement ring that he says is worth $434,000.

Gerald Tsai Jr., 78, says in his lawsuit that after he and Sharon Bush, 55, agreed to marry in October 2006, he bought her the rectangular yellow diamond ring from Saks Fifth Avenue for $243,000. It is now worth much more, he said.


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