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He met Taylor when she was an MGM starlet, she was sunbathing by a pool in Hollywood. Burton walked past and burst out laughing because her astounding beauty was so improbable.
Taylor had the Krupp mounted in a ring, when Princess Margaret saw it she said “Is that the famous diamond? It’s so large! How very vulgar!”
Taylor: “Yes, ain’t it great?"
Margaret: “Would you mind if I tried it on?”
That's a bit harsh. He spent a lot of money on it.