Published by Global Banking and Finance Review
Posted on October 21, 2025
1 min readLast updated: January 21, 2026
Thieves executed a daylight heist at the Louvre, stealing jewels worth 88 million euros, including royal items from the 19th century.
PARIS (Reuters) -Thieves who staged a daring daylight heist at the Louvre museum in Paris made off with jewels worth an estimated 88 million euros ($102.63 million), Paris public prosecutor Laure Beccuau said on Tuesday.
"It is important to remember that this damage is an economic damage, but it is nothing compared to the historical damage caused by this theft," the prosecutor told RTL radio.
In what some politicians branded a national humiliation, four people broke into the Louvre on Sunday using a crane to smash an upstairs window. They took objects from a gallery for royal jewellery before escaping on motorbikes.
The eight items of stolen jewellery included a tiara and earrings from the set of Queen Marie-Amélie and Queen Hortense, of the early 19th century. The crown of Empress Eugenie was found outside the museum, apparently dropped during the getaway.
($1 = 0.8575 euro)
(Reporting by Zhifan Liu and Dominique Vidalon in Paris; Editing by Matthew Lewis)
Economic damage refers to the financial loss incurred due to theft, fraud, or other criminal activities, impacting the monetary value of assets.
Historical damage refers to the loss of cultural or historical artifacts that hold significance beyond their monetary value, affecting heritage and legacy.
A tiara is a jeweled ornamental crown worn by women, often symbolizing royalty or high status, typically made of precious metals and stones.
A crown is a traditional headpiece worn by monarchs, often made of precious metals and adorned with jewels, symbolizing authority and sovereignty.
A heist is a robbery, particularly one involving the theft of valuable items or large sums of money, often executed with planning and precision.
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